$878,000 - 50 Mccaul Street Unit 310, Downtown Toronto
Condo for Sale in Downtown Toronto
Popular ListingNeighbourhood: Kensington-Chinatown
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- MLS Number
- C13839658
- Property Type
- Condo
- Status
- active
- Days on Site
- 8
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2026)
- $4,236
- Maintenance Fees
- $831/mo
- Locker
- Owned
- Exposure
- East
- Balcony
- Juliette
- Listing Brokerage
- AIMHOME REALTY INC.
A rare opportunity to enjoy the convenience and energy of downtown while coming home to a peaceful, boutique residence on one of the neighbourhood's quieter streets. Luxury boutique living in the heart of downtown Toronto. Welcome to Tridel's Form, an elegant mid-rise residence tucked away on peaceful, friendly McCaul Street in the city's vibrant cultural heart. This well-maintained 2-bedroom, 2-bathroom suite offers 836 sq. ft. of thoughtfully designed living space with a comfortable, functional layout and an exceptional location. The open-concept living and dining area features floor-to-ceiling windows, a sleek modern kitchen, custom-built island and cabinetry, and a charming Juliet balcony. The well-planned layout provides a comfortable setting for both everyday living and entertaining. Thoughtful custom touches include automatic blackout shades in the primary bedroom, custom closet organization in the primary walk-in closet, second bedroom closet and entryway closet, and a generously sized in-suite washer/dryer closet. One locker is included, and maintenance fees include internet. Form offers an impressive collection of amenities, including 24-hour concierge and security, a modern fitness centre, multiple party and dining rooms, a rooftop garden and visitor parking. And then there's the location: Walk Score 100. Step outside and you're surrounded by some of the very best of Toronto, with exceptional restaurants, charming cafés, artisan bakeries and boutique shopping virtually at your doorstep. Queen Street West, Grange Park and the Art Gallery of Ontario are just moments away, while Queen's Park, the Financial District, Entertainment District, University of Toronto, OCAD University and Toronto Metropolitan University are all within an easy walk.
Estimate your monthly payments for this property
Estimated Payment
$4,504.60/mo
Includes CMHC insurance ($24,496)
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 Kensington-Chinatown
Kensington-Chinatown 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 Kensington-Chinatown
- •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
Kensington-Chinatown 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 Mccaul Street Unit 310, 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 $1098/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 $831/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 800 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 Kensington-Chinatown
I know Kensington-Chinatown 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 $3,658 (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.