$849,000 - 8 Dovercourt Road Unit 315, Downtown Toronto
Condo for Sale in Downtown Toronto
61 days on market- MLS Number
- C13102334
- Property Type
- Condo
- Status
- active
- Days on Site
- 61
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- East West
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Stunning 2-storey,-modern open-concept 2 Bedrooms + Den or Office, with 2.5 Bathrooms Condominium Corner unit, with a walk out Terrace with Own BBQ Conncection, in the Heart of popular demand Little Portugal.,Includes one Owned Parking Space. Upgraded Modern Kitchen, Two Tone White and Brown Kitchen Cabinets, with Ceaserstone Countertops, Upgraded Light Fixtures, Open Concept layout. European style kitchen with Blomberg stainless-steel appliances, glass backsplash, and a breakfast bar - perfect for morning coffee and Breakfast or evening entertaining and relaxation. Spacious main Floor boasts with 9 foot soaring high ceilings exception of Low Areas, floor-to-ceiling windows, solar blinds, and hardwood floors throughout, lots of natural light, walk out to a Private Spacious Terrace, with GAS Barbecue Connection, enjoy Barbecuing, Sun Bathing, and Entertaining. Upgraded Stairs with Upgraded glass with a modern and trendy look, Leading the way to the upper Floor. Spacious Second Floor with Large Primary Bedroom offers his-and-her closets, and a spacious 3-piece ensuite Bathroom. Spacious 2nd Bedroom, with lots of Natural Light. Spectacular Facilities include Concierge, Security, Party Room and Meeting Room, Exercise Room, Roof Top Deck, Visitors Parking. Situated in the heart of one of Toronto's most desirable neighbourhoods, you're just steps to the Ossington Strip, Trinity Bellwoods Park, Walking Distance to Public transit, cafes, Library, restaurants, entertainment, and boutique shops - combination of urban living and modern lifestyle. Easy commute with Bus and Subway to different areas of Downtown Toronto, CN Tower, Sky Dome, Union Station, Toronto Island Airport, and much more,, Prime Location, close to everything... ***Includes one Owned Parking Space Located on P3, #83.***
Estimate your monthly payments for this property
Estimated Payment
$4,355.81/mo
Includes CMHC insurance ($23,687)
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.
8 Dovercourt Road Unit 315, 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 $849/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.
Negotiation Opportunity
At 61 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $3,538 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.