$617,000 - 81 Navy Wharf Court Unit 3502, Downtown Toronto
Condo for Sale in Downtown Toronto
126 days on marketNeighbourhood: Waterfront Communities C1
- MLS Number
- C12797494
- Property Type
- Condo
- Status
- active
- Days on Site
- 126
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- PG DIRECT REALTY LTD.
Visit REALTOR website for additional information. Experience downtown living at its finest in this spacious 1 Bedroom + Den suite. Perfectly positioned in the heart of Toronto's vibrant waterfront community, this bright and functional layout offers the ideal blend of comfort and urban convenience. Enjoy a modern open-concept design. The versatile den is perfect for a home office, guest space, or reading nook. Step out onto your private balcony and take in the incredible view overlooking the iconic Rogers Centre and CN tower from the balcony - a rare and exciting perspective that truly captures the energy of the city. This unit includes one parking space and a locker for added convenience and storage. Located just steps from the waterfront, residents are within walking distance to CN Tower, Scotiabank Arena, and the lively Harbour front Centre. Enjoy immediate access to Toronto's PATH system, Union Station, top dining, grocery stores, parks, and endless entertainment options. With a Walk Score that places you in one of the city's most walkable neighbourhoods, everything you need is right at your doorstep. Whether you're a young professional, investor, or someone looking to embrace the downtown lifestyle, this suite offers unbeatable location, stunning views, and exceptional value.
Estimate your monthly payments for this property
Estimated Payment
$3,165.53/mo
Includes CMHC insurance ($17,214)
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.
81 Navy Wharf Court Unit 3502, 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 $1028/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 126 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 600 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 $2,571 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.