$916,000 - 85 Mcmahon Drive Unit 3106, Downtown Toronto
Condo for Sale in Downtown Toronto
- MLS Number
- C12760190
- Property Type
- Condo
- Status
- active
- Days on Market
- 1
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- City
- Downtown Toronto
Prime location in the heart of North York. Steps to Bessarion & Leslie subway stations, parks, IKEA, Canadian Tire, community centre, and library. Minutes to GO Train, Bayview Village, Fairview Mall, and Hwy 401/404/DVP. Luxury condo in the prestigious Concord Park Place community featuring open west views, 850 sq.ft. + 138 sq.ft. balcony, floor-to-ceiling windows, premium finishes, Miele appliances, and quartz countertops. Enjoy resort-style living with 80,000 sq.ft. MegaClub amenities, indoor pool & spa, full gym, sports courts, bowling alley, yoga studios, kids' playroom, BBQ terrace, and touchless car wash. Proudly owner-occupied and never rented, meticulously maintained.
Discover Toronto C15
Toronto C15 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 Toronto C15
- •Convenient location in Toronto C15
- •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
Toronto C15 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.
85 Mcmahon Drive Unit 3106, Toronto C15
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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 25+ years of GTA real estate experience
Premium Pricing
At $1145/sqft, this property is priced above the Toronto C15 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.
Just Listed - Act Strategically
This property hit the market within the last week. In Toronto C15's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
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.
Investment Perspective
Looking at this as an investment: Toronto C15 properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,817 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.