38 Stewart Street Unit 408, Toronto C01

Price: $397,000

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C13668744

Experience urban living at its finest in the iconic Thompson Residences, perfectly situated in the heart of King West. This bright and spacious one-bedroom suite features an open-concept layout, floor-to-ceiling windows that fill the space with natural light, and soaring 9-foot exposed concrete ceilings that create a modern, loft-inspired feel. Complete with a private storage locker, this suite offers the perfect blend of style and functionality. Residents enjoy premium amenities, including a full-service concierge and a two-storey fitness centre, withStarbucks conveniently located in the building. Step outside and enjoy everything King West has to offer, just moments from The Well, Lavelle Rooftop Lounge, Café Oretta, renowned restaurants, boutique shopping, parks, and convenient transit. Whether you're a first-time buyer, professional, or investor, this is an exceptional opportunity to own in one of Toronto's most desirable communities.

38 Stewart Street Unit 408 - Condo photo 1 of 16 in Downtown Toronto / Waterfront, Ontario
38 Stewart Street Unit 408 - Condo photo 2 of 16 in Downtown Toronto / Waterfront, Ontario
38 Stewart Street Unit 408 - Condo photo 3 of 16 in Downtown Toronto / Waterfront, Ontario
38 Stewart Street Unit 408 - Condo photo 4 of 16 in Downtown Toronto / Waterfront, Ontario
38 Stewart Street Unit 408 - Condo photo 5 of 16 in Downtown Toronto / Waterfront, Ontario
38 Stewart Street Unit 408 - Condo photo 6 of 16 in Downtown Toronto / Waterfront, Ontario
38 Stewart Street Unit 408 - Condo photo 7 of 16 in Downtown Toronto / Waterfront, Ontario
38 Stewart Street Unit 408 - Condo photo 8 of 16 in Downtown Toronto / Waterfront, Ontario
38 Stewart Street Unit 408 - Condo photo 9 of 16 in Downtown Toronto / Waterfront, Ontario
38 Stewart Street Unit 408 - Condo photo 10 of 16 in Downtown Toronto / Waterfront, Ontario
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$397,000 - 38 Stewart Street Unit 408, Downtown Toronto

Condo for Sale in Downtown Toronto

Popular Listing

Neighbourhood: Waterfront Communities C1

1Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C13668744
Property Type
Condo
Status
active
Days on Site
11
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
Owned
Exposure
North
Balcony
None
Listing Brokerage
PROPERTY.CA INC.
Description

Experience urban living at its finest in the iconic Thompson Residences, perfectly situated in the heart of King West. This bright and spacious one-bedroom suite features an open-concept layout, floor-to-ceiling windows that fill the space with natural light, and soaring 9-foot exposed concrete ceilings that create a modern, loft-inspired feel. Complete with a private storage locker, this suite offers the perfect blend of style and functionality. Residents enjoy premium amenities, including a full-service concierge and a two-storey fitness centre, withStarbucks conveniently located in the building. Step outside and enjoy everything King West has to offer, just moments from The Well, Lavelle Rooftop Lounge, Café Oretta, renowned restaurants, boutique shopping, parks, and convenient transit. Whether you're a first-time buyer, professional, or investor, this is an exceptional opportunity to own in one of Toronto's most desirable communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,036.82/mo

Includes CMHC insurance ($11,076)

$
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5%10%50%

5-yr fixed avg.

Principal: $357,300Interest: $242,668
Mortgage Amount$368,376
Total Interest$242,668
Est. Property Tax$281/mo
Total Cost$611,045

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Waterfront Communities C1

Discover Waterfront Communities C1

Waterfront Communities C1 is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Waterfront Communities C1

  • Convenient location in Downtown Toronto / Waterfront
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Waterfront Communities C1 offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

38 Stewart Street Unit 408, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$975
Property Tax (est.)-$281
Insurance (est.)-$83
Net Cash Flow+$1,021

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Waterfront Communities C1

I know Waterfront Communities C1 well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    38 Stewart Street Unit 408 | $397,000 | Battaglia Team