38 Widmer Street Unit 2606, Toronto C01

Price: $699,000

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: C13791588

Welcome To High-end Residences of Central Condo, Centre of Future Living. Three Bedroom Corner Unit. SouthEast View! Amazing VIew and Flooding Sunlights! Features Open Concept Spacious Living Space, Functional Layout, Seperage Bedrooms With more Privocy! Experience Joy of Cooking w/ World-Renowned Miele Appliances, Wood-grain Laminate Wardrobe Closets W/ Built-in Closet Organizers & SmartStorage Features. Built In Closet Organizers And Heated Fully Decked Balcony. SMART THERMOSTATS, Refrigerated Parcel Storage,All Ideally Suited to Your Career And Life. This 3Bdr Suite Has Lots of Light And Enjoy Breeze in Toronto Downtown Core, Emerging TechSuperpower in North America. Steps To Entertainment District, Fast Access to QEW, Doorstep Public Transit, Unbeatable Location Full of Potential. A MUST SEE And Don't Want to Miss It.

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$699,000 - 38 Widmer Street Unit 2606, Downtown Toronto

Condo for Sale in Downtown Toronto

Neighbourhood: Waterfront Communities C1

3Beds
2Baths
900Sq Ft
Condo

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Property Details
MLS Number
C13791588
Property Type
Condo
Status
active
Days on Site
21
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Downtown Toronto / Waterfront
Taxes (2026)
$6,660
Maintenance Fees
$817/mo
Locker
None
Exposure
South East
Balcony
Open
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Welcome To High-end Residences of Central Condo, Centre of Future Living. Three Bedroom Corner Unit. SouthEast View! Amazing VIew and Flooding Sunlights! Features Open Concept Spacious Living Space, Functional Layout, Seperage Bedrooms With more Privocy! Experience Joy of Cooking w/ World-Renowned Miele Appliances, Wood-grain Laminate Wardrobe Closets W/ Built-in Closet Organizers & SmartStorage Features. Built In Closet Organizers And Heated Fully Decked Balcony. SMART THERMOSTATS, Refrigerated Parcel Storage,All Ideally Suited to Your Career And Life. This 3Bdr Suite Has Lots of Light And Enjoy Breeze in Toronto Downtown Core, Emerging TechSuperpower in North America. Steps To Entertainment District, Fast Access to QEW, Doorstep Public Transit, Unbeatable Location Full of Potential. A MUST SEE And Don't Want to Miss It.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,586.23/mo

Includes CMHC insurance ($19,502)

$
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5%10%50%

5-yr fixed avg.

Principal: $629,100Interest: $427,268
Mortgage Amount$648,602
Total Interest$427,268
Est. Property Tax$495/mo
Total Cost$1,075,870

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 Widmer Street Unit 2606, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$817
Property Tax (est.)-$495
Insurance (est.)-$146
Net Cash Flow+$1,222

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

Competitive Pricing

At $777/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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. The $817/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 900 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

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    38 Widmer Street Unit 2606 | $699,000 | Battaglia Team