$990,000 - 10 Capreol Court Unit 1508, Downtown Toronto
Condo for Sale in Downtown Toronto
41 days on market- MLS Number
- C13094030
- Property Type
- Condo
- Status
- active
- Days on Site
- 41
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- RIGHT AT HOME REALTY
Rare 3-bedroom + den corner suite with unobstructed lake views in the heart of CityPlace.This bright and spacious home offers suite area 1082 (1120 sq ft including balcony) of well-designed living space, plus a private balcony overlooking the waterfront. Floor-to-ceiling windows wrap the unit, filling it with natural light and showcasing sweeping south-facing views of Lake Ontario.The thoughtfully designed layout features three full bedrooms plus a versatile den - a rare, functional space suited for families and professionals. The primary suite includes a walk-in closet and private ensuite, while well-separated bedrooms provide added privacy.The modern kitchen offers generous cabinet storage and flows seamlessly into the open-concept living and dining area, ideal for both everyday living and entertaining.Perfectly situated for urban living, this home is just steps to the waterfront, Canoe Landing Park, the Canoe Landing Community Recreation Centre, and nearby schools, including Jean Lumb Public School and Bishop Macdonell Catholic School. Enjoy easy access to transit, Union Station, the Financial District, and The Well, all within a short walk.Residents enjoy access to premium amenities including an indoor pool, fitness centre, yoga studio, party rooms, and a private BBQ terrace. Includes 1 parking space and 1 locker.
Estimate your monthly payments for this property
Estimated Payment
$5,079.21/mo
Includes CMHC insurance ($27,621)
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.
10 Capreol Court Unit 1508, 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 $990/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 41 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Downtown Toronto. Good resale value as demand remains consistent.
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 $4,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.