456 College Street Unit 415, Toronto C01

Price: $460,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: C13871946

Two bedrooms. CN Tower views. 100 Walk Score. And Little Italy right outside your door.Set in a well-maintained, character-filled building, this bright and spacious approximately 700 sq. ft. suite delivers the kind of downtown living that makes owning in the city so much fun. Freshly painted and move-in ready, it features two proper bedrooms, brand-new appliances, new countertops and great natural light throughout.Wake up to a view of the CN Tower, then head downstairs and you're immediately in the middle of it all - coffee shops, restaurants, bars, boutiques and the neighbourhood spots that make Little Italy one of Toronto's most vibrant communities.The College and Spadina streetcars are steps away, with U of T, Kensington Market, the Annex and downtown all within easy reach. Whether you're grabbing your morning coffee, meeting friends for dinner or just wandering around with nowhere to be, you won't have to go far.And when you feel like staying home? The building has you covered with a gym, sauna and rooftop terrace. There's also guaranteed rental parking for just $100/month - a pretty great perk in this part of the city.Two real bedrooms. Great light. Skyline views. Character. A 100 Walk Score. And one of Toronto's best neighbourhoods at your doorstep.With limited condo inventory in Little Italy, this is a rare opportunity to own a true downtown home where you can actually live, not just sleep.

456 College Street Unit 415 - Condo photo 1 of 20 in Downtown Toronto / Waterfront, Ontario
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New Listing
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$460,000 - 456 College Street Unit 415, Downtown Toronto

Condo for Sale in Downtown Toronto

New — Listed today

Neighbourhood: Palmerston-Little Italy

2Beds
1Baths
600Sq Ft
Condo

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Property Details
MLS Number
C13871946
Property Type
Condo
Status
active
Days on Site
0
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Downtown Toronto / Waterfront
Taxes (2025)
$2,368
Maintenance Fees
$869/mo
Locker
Owned
Exposure
East
Balcony
None
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Two bedrooms. CN Tower views. 100 Walk Score. And Little Italy right outside your door.Set in a well-maintained, character-filled building, this bright and spacious approximately 700 sq. ft. suite delivers the kind of downtown living that makes owning in the city so much fun. Freshly painted and move-in ready, it features two proper bedrooms, brand-new appliances, new countertops and great natural light throughout.Wake up to a view of the CN Tower, then head downstairs and you're immediately in the middle of it all - coffee shops, restaurants, bars, boutiques and the neighbourhood spots that make Little Italy one of Toronto's most vibrant communities.The College and Spadina streetcars are steps away, with U of T, Kensington Market, the Annex and downtown all within easy reach. Whether you're grabbing your morning coffee, meeting friends for dinner or just wandering around with nowhere to be, you won't have to go far.And when you feel like staying home? The building has you covered with a gym, sauna and rooftop terrace. There's also guaranteed rental parking for just $100/month - a pretty great perk in this part of the city.Two real bedrooms. Great light. Skyline views. Character. A 100 Walk Score. And one of Toronto's best neighbourhoods at your doorstep.With limited condo inventory in Little Italy, this is a rare opportunity to own a true downtown home where you can actually live, not just sleep.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,360.04/mo

Includes CMHC insurance ($12,834)

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5-yr fixed avg.

Principal: $414,000Interest: $281,178
Mortgage Amount$426,834
Total Interest$281,178
Est. Property Tax$326/mo
Total Cost$708,012

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: Palmerston-Little Italy

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

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

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.

70
Walk Score
Varies
Price Range

456 College Street Unit 415, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$869
Property Tax (est.)-$326
Insurance (est.)-$96
Net Cash Flow+$909

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 $767/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.

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.

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 $869/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 600 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 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.

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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    456 College Street Unit 415 | $460,000 | Battaglia Team