$505,000 - 50 Bruyeres Mews Unit 1001, Downtown Toronto
Condo for Sale in Downtown Toronto
Neighbourhood: Niagara
- MLS Number
- C13632902
- Property Type
- Condo
- Status
- active
- Days on Site
- 20
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RE/MAX ULTIMATE REALTY INC.
Welcome to Local at Fort York! This bright and thoughtfully designed 1-bedroom condo on the 10th floor offers a functional open-concept layout with 9-foot ceilings, floor-to-ceiling windows, and abundant natural light. Enjoy peaceful north-facing views overlooking the Fort York National Historic Site, creating a rare blend of greenery, history, and city living.The enclosed bedroom features a full-sized door for added privacy and a spacious walk-in closet, making it ideal for homeowners and professionals alike. The modern L-shaped kitchen is equipped with granite countertops, a smart faucet, stainless steel appliances, and ample cabinetry, offering both style and functionality for everyday living and entertaining.The welcoming foyer includes 2 built-in closets and additional storage, while the living room features upgraded automatic remote-controlled blinds for added comfort and convenience. Complete with in-suite laundry and a private balcony, this move-in-ready home is designed for effortless downtown living. A rare offering, this suite includes 1 premium P3 parking space and 2 lockers - 1 private room locker and another shared room locker providing exceptional convenience and storage. Residents enjoy first-class amenities including a 24-hour concierge, fully equipped fitness centre, rooftop terrace, party lounge, theatre room, guest suites, visitor parking, and a self-serve car wash. Located in the heart of Fort York, you're just steps from the waterfront, parks, TTC, The Well, King West, STACKT Market, Loblaws, LCBO, cafés, restaurants, and more. Whether you're enjoying a stroll along the waterfront or experiencing Toronto's vibrant downtown scene, this location offers an unbeatable lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$2,590.91/mo
Includes CMHC insurance ($14,090)
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 Niagara
Niagara 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 Niagara
- •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
Niagara 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.
50 Bruyeres Mews Unit 1001, Downtown Toronto / Waterfront
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Rental income estimator & ROI calculator
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 $1010/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.
Market Position
At 20 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. 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 Niagara
I know Niagara 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 $2,104 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.