$1,029,990 - 394 Euclid Avenue Unit 201, Downtown Toronto
Condo for Sale in Downtown Toronto
Popular ListingNeighbourhood: Palmerston-Little Italy
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- MLS Number
- C13841272
- Property Type
- Condo
- Status
- active
- Days on Site
- 8
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 1,200 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2026)
- $4,535
- Maintenance Fees
- $768/mo
- Locker
- None
- Exposure
- North East
- Balcony
- Terrace
- Listing Brokerage
- KELLER WILLIAMS ADVANTAGE REALTY
Magnificent, designer-renovated, three-level loft -- this rare end-unit, is not only one of largest in the building (almost 1,300 sq ft), it is also one of the quietest, located at the north-end of the Movie House Lofts! Beautiful, open-concept sky-lit living area with hardwood flooring, large windows, and soaring 16 foot high ceilings. Modern, spacious kitchen with stainless steel appliances, gas stove, slate flooring, and exquisite finishes. Primary bedroom with washer and dryer on second floor overlooks the gorgeous main-floor living space. Stunning four-piece bathroom with claw-foot deep-soaker tub and separate shower. Convenient third floor office space with walk-out to an incredible large private terrace with panoramic views -- terrace is also unique in that as an end unit it is larger than most others in the building. This wonderfully-kept building - a former theater - has been converted into striking residential lofts in one of the most vibrant, enviable and pedestrian-friendly communities in all of Toronto. An incredible array of nightlife, eateries & boutiques are all at your doorstep! Mere steps from public transit routes, and a quick and easy stroll to UofT, Queen's Park, hospital row and Kensington Market. The best of the city awaits at the exceptional intersection of Little Italy and the South Annex!
Estimate your monthly payments for this property
Estimated Payment
$4,555.99/mo
5-yr fixed avg.
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.
Discover Palmerston-Little Italy
Palmerston-Little Italy 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 Palmerston-Little Italy
- •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
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
Palmerston-Little Italy 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.
394 Euclid Avenue Unit 201, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $858/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.
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 $768/month fees should cover building insurance, common elements, and reserve contributions.
About Palmerston-Little Italy
I know Palmerston-Little Italy 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 $4,292 (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.