$699,995 - 77 Harbour Square Unit 2306, Downtown Toronto
Condo for Sale in Downtown Toronto
Neighbourhood: Waterfront Communities C1
- MLS Number
- C13623062
- Property Type
- Condo
- Status
- active
- Days on Site
- 24
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Exclusive
- Exposure
- South East
- Balcony
- None
- Listing Brokerage
- RIGHT AT HOME REALTY
Fantastic long-term investment opportunity in this rarely sold, oversized 805 sq. ft. one-bedroom suite at the iconic Number One York Quay. This residence includes all-inclusive maintenance fees covering hydro, electricity, air conditioning, water, Bell Fibe Internet, TV, and Crave, providing exceptional value and predictable monthly costs. A large parking space in the above-ground garage is included, offering easy access and ideal accommodation for larger vehicles, along with a large same-floor locker for convenient and secure storage. The suite features sweeping southeast city and lake views through floor-to-ceiling windows, filling the home with natural light. The layout is thoughtfully designed with spacious living and dining areas that support both everyday comfort and entertaining. The bathroom includes a rare combination of a full bathtub and a separate shower, adding practicality and appeal. Quiet and private, the suite provides a peaceful retreat above the city. Residents enjoy 24-hour concierge service and a complimentary shuttle covering multiple routes, all within one of Toronto's most established waterfront buildings. A rare chance to secure a generously sized, well-maintained home with unmatched convenience and long-term value.
Estimate your monthly payments for this property
Estimated Payment
$3,591.33/mo
Includes CMHC insurance ($19,530)
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 Waterfront Communities C1
Waterfront Communities C1 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 Waterfront Communities C1
- •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
Waterfront Communities C1 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.
77 Harbour Square Unit 2306, 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 $875/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 24 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 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 Waterfront Communities C1
I know Waterfront Communities C1 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 $2,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.