68 Abell Street Unit 635, Toronto C01

Price: $385,000

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C13146374

Welcome to your new home in a smart and efficient 1-bedroom condo in one of Toronto's most vibrant neighbourhoods: Little Portugal/Queen West. This well-designed functional suite features 9ft ceilings, a separate bedroom, and floor-to-ceiling windows in both the living room and bedroom, bringing in plenty of natural light throughout the day. Enjoy an open-concept living space that walks out to your own private balcony, a great spot for morning coffee or unwinding after work. The modern kitchen comes with stainless steel appliances, and the included locker offers extra storage so you can keep your space feeling open and clutter-free. The building offers everything you need for an active, convenient lifestyle: 24-hour concierge, a fully equipped gym, guest suites for overnight visitors, a party/meeting room for get-togethers, a rooftop deck/garden, and visitor parking for friends and family. Step outside and you're moments from Queen Street West's cafes, restaurants, bars, boutiques, and art galleries, along with nearby Trinity Bellwoods Park and Liberty Village. With a Walk Score of 98 and TTC at your door, including the 501 Queen streetcar and nearby Dufferin and Ossington buses, daily errands and commuting are easy without a car. Biking is convenient too, with bike-friendly streets and quick access to the downtown core, and the Gardiner Expressway when you do need to drive. Ideal for first-time buyers, young professionals, or investors, this condo offers an affordable entry into one of Toronto's most in-demand urban communities, with everything you need just steps from home.

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$385,000 - 68 Abell Street Unit 635, Downtown Toronto

Condo for Sale in Downtown Toronto

49 days on market
1Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C13146374
Property Type
Condo
Status
active
Days on Site
49
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
ROYAL LEPAGE IGNITE REALTY
Description

Welcome to your new home in a smart and efficient 1-bedroom condo in one of Toronto's most vibrant neighbourhoods: Little Portugal/Queen West. This well-designed functional suite features 9ft ceilings, a separate bedroom, and floor-to-ceiling windows in both the living room and bedroom, bringing in plenty of natural light throughout the day. Enjoy an open-concept living space that walks out to your own private balcony, a great spot for morning coffee or unwinding after work. The modern kitchen comes with stainless steel appliances, and the included locker offers extra storage so you can keep your space feeling open and clutter-free. The building offers everything you need for an active, convenient lifestyle: 24-hour concierge, a fully equipped gym, guest suites for overnight visitors, a party/meeting room for get-togethers, a rooftop deck/garden, and visitor parking for friends and family. Step outside and you're moments from Queen Street West's cafes, restaurants, bars, boutiques, and art galleries, along with nearby Trinity Bellwoods Park and Liberty Village. With a Walk Score of 98 and TTC at your door, including the 501 Queen streetcar and nearby Dufferin and Ossington buses, daily errands and commuting are easy without a car. Biking is convenient too, with bike-friendly streets and quick access to the downtown core, and the Gardiner Expressway when you do need to drive. Ideal for first-time buyers, young professionals, or investors, this condo offers an affordable entry into one of Toronto's most in-demand urban communities, with everything you need just steps from home.

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Estimate your monthly payments for this property

Estimated Payment

$1,975.25/mo

Includes CMHC insurance ($10,742)

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5-yr fixed avg.

Principal: $346,500Interest: $235,333
Mortgage Amount$357,242
Total Interest$235,333
Est. Property Tax$273/mo
Total Cost$592,575

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: Downtown Toronto / Waterfront

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

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

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.

70
Walk Score
Varies
Price Range

68 Abell Street Unit 635, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$975
Property Tax (est.)-$273
Insurance (est.)-$80
Net Cash Flow+$1,032

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

Negotiation Opportunity

At 49 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 0 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.

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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    68 Abell Street Unit 635 | $385,000 | Battaglia Team