38 Widmer Street Unit 4611, Toronto C01

Price: $1,038,000

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: New Construction

MLS#: C13520462

Welcome to Concord community. Unobstructed City view located at the heart in City of Toronto, Large 3 bedroom condo with 2 full bath and two balconies, total area (Unit and Balcony together as per builder's floor plan) is 1110 SFT, open concept, Radiant Heater And Composite Wood Decking Balcony, Miele Appliance, front loaded washer and dryer, closet organizer.Excellent amenities:conference room, gym, swimming pool, Restaurants, Banks, Stores, U of T, Subway station, TTC and so on.

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New Listing
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$1,038,000 - 38 Widmer Street Unit 4611, Downtown Toronto

New Construction for Sale in Downtown Toronto

New — Listed 4 days ago

Neighbourhood: Waterfront Communities C1

3Beds
2Baths
1,200Sq Ft
New Construction
Property Details
MLS Number
C13520462
Property Type
New Construction
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
None
Exposure
North West
Balcony
Open
Listing Brokerage
GOLDEN BRIDGE REALTY
Description

Welcome to Concord community. Unobstructed City view located at the heart in City of Toronto, Large 3 bedroom condo with 2 full bath and two balconies, total area (Unit and Balcony together as per builder's floor plan) is 1110 SFT, open concept, Radiant Heater And Composite Wood Decking Balcony, Miele Appliance, front loaded washer and dryer, closet organizer.Excellent amenities:conference room, gym, swimming pool, Restaurants, Banks, Stores, U of T, Subway station, TTC and so on.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,591.42/mo

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5%20%50%

5-yr fixed avg.

Principal: $830,400Interest: $547,027
Mortgage Amount$830,400
Total Interest$547,027
Est. Property Tax$735/mo
Total Cost$1,377,427

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 4611, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$735
Insurance (est.)-$216
Net Cash Flow+$1,849

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

Fair Market Value

At $865/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Investment Perspective

Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,325 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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 Widmer Street Unit 4611 | $1,038,000 | Battaglia Team