$1,269,000 - 115 Florence Street, Downtown Toronto
Townhouse for Sale in Downtown Toronto
54 days on market- MLS Number
- C13032516
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 54
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Welcome to this contemporary 3 bedroom, 3 bathroom corner-unit townhome, where intelligent design meets unparalleled urban convenience. Perfectly positioned along the row, this corner townhome is bathed in natural light, with tall east-facing windows inspiring a bright & airy feeling. Designed for today's busy professionals this home offers an ideal balance between entertaining & daily living. The main level is a flexible space with closets galore, tall windows, a full bath and access to your built in garage. Get excited about the family sized eat-in kitchen fit for the modern day chef. Step out to your private, south-facing sun-drenched terrace that conveniently flows from the kitchen. It's the perfect spot for barbecues and brunches making it a hub for hosting all summer long. Your spacious living room & powder room complete this level. Are you craving 3 full sized bedrooms to make your life compete? We can check your wish list. With ample closet space and light streaming in, this is one more wonderful level. The attached built-in garage is a rare downtown luxury-especially during Toronto winters. Enjoy the perks of freehold-style living without the chores; your monthly fees cover landscaping, lawn maintenance, and snow removal. This walker's paradise, nicely nestled between Ossington, Dundas West, Parkdale, & Roncesvalles satisfies the foodie in you with local favorites like Taverne Bernhardts, Enoteca Sociale, Simpl Things, BB's Diner, Milou, & Imanishi only a 10 minute walk away. Fitness enthusiasts will love having Stay Gold gym at the end of the block & McCormick Park's arena, community centre & pool; perfect for kids, dogs, & families. Florence Street is a commuters dream being along a dedicated cycling route that leads straight downtown. Minutes from the Queen, King, and Dundas streetcars, the Dufferin bus, and quick access to the Gardiner Expressway is one more reason to love your location. 115 Florence Street is more than just a house, it's a lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$5,613.22/mo
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.
115 Florence Street, Downtown Toronto / Waterfront
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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 $846/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 54 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Downtown Toronto have shown strong appreciation as families seek more space.
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 $5,288 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.