$499,000 - 42 Camden Street Unit 302, Downtown Toronto
Condo for Sale in Downtown Toronto
241 days on marketNeighbourhood: Waterfront Communities C1
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- MLS Number
- C12707762
- Property Type
- Condo
- Status
- active
- Days on Site
- 241
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RARE REAL ESTATE
Welcome To Zen Lofts, A Beautiful Boutique Building Nestled On Desirable Street In The Fashion District/Downtown Toronto, Featuring Only 35 Units And Rarely Available! Perfect For The Urban Dweller, This Unit Offers Open-Concept Living With Lofty Concrete Ceilings, Providing A Cool and Modern Vibe For Its Owner. Cook In Style In Your Spacious Kitchen, Open to Your Light-Filled Living/Dining Area That Boasts Floor-To-Ceiling Warehouse-Style Windows With A Sliding Door Walkout To Your Large Personal Terrace, Where BBQs Are Allowed, Transforming It Into An Extended Living Space For Entertaining, Relaxing, And Enjoying! Your Primary Bedroom Has A Large Closet And Natural Light, Sharing The Same Ambiance Featured Throughout, Plus A 4-Piece Bathroom And In-Suite Laundry To Complete The Space. Zen Lofts Is Pet-Friendly With A Dog Park Just Across The Street, Steps To The Newly Opened Waterworks Food Hall, 1 Minute Away From Ace Hotel, 3 Minutes To The Spadina Streetcar, The Vibrant Energy Of Queen St W, And Tons More As You're Surrounded By Everything Offered In This Incredible City. Must Be Seen -- This Unit Won't Last Long!!
Estimate your monthly payments for this property
Estimated Payment
$2,560.13/mo
Includes CMHC insurance ($13,922)
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 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
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.
42 Camden Street Unit 302, 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 $998/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.
Negotiation Opportunity
At 241 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 500 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.