$849,999 - 637 Lake Shore Boulevard Unit 303, Downtown Toronto
Condo for Sale in Downtown Toronto
160 days on market- MLS Number
- C12725990
- Property Type
- Condo
- Status
- active
- Days on Site
- 160
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- INTERNATIONAL REALTY FIRM, INC.
Step into a truly unique home at the iconic Tip Top Lofts. This fully renovated, light-filled suite stands apart with rare large windows that stretch the entire length of the unit - including a windowed bedroom, a feature seldom found in the hard loft portion of the building. With soaring 13 ft 2 in ceilings, the space feels bright, airy, and effortlessly stylish. The kitchen has been completely reimagined around a sleek peninsula island, perfect for casual dining or entertaining. Natural quartzite stone runs throughout the entire unit - in both the kitchen and bathroom - adding timeless beauty and durability. A built-in wine fridge, designer lighting, new flooring, and custom cabinetry elevate the home even further. The spa-inspired bathroom features heated floors, Kohler fixtures, quartzite counters, and striking Buster & Punch hardware. Custom 1928 Workbench doors in both the bathroom and bedroom pay homage to the building's heritage, while a custom bedroom feature wall and motorized blinds add comfort and sophistication. A generous mezzanine sits above the bathroom, offering endless versatility. A custom 1928 Workbench ladder system was also designed and installed to provide seamless access to the mezzanine and upper storage areas. Additional storage is thoughtfully integrated above the laundry closet and front foyer, alongside a custom front cabinet with added seating and shelving. This loft also includes a rare convenience: a parking spot already equipped for EV charging (Tesla Charger is excluded). Every detail has been considered in this top-to-bottom renovation, blending craftsmanship with functionality for a truly elevated loft lifestyle. A rare opportunity to own a beautifully redesigned, character-rich home in one of Toronto's most celebrated historic buildings.
Estimate your monthly payments for this property
Estimated Payment
$4,360.93/mo
Includes CMHC insurance ($23,715)
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 Downtown Toronto / Waterfront
Downtown Toronto / Waterfront 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 Downtown Toronto / Waterfront
- •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
Downtown Toronto / Waterfront 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.
637 Lake Shore Boulevard Unit 303, 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
Premium Pricing
At $1214/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 160 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 700 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.
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 $3,542 (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.