20 Minowan Miikan Lane Unit 1127, Toronto C01

Price: $485,000

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C12968318

Clean lines, intentional design, and a space that just works. This 1-bedroom condo at The Carnaby delivers effortless city living with a standout CN Tower and skyline view that truly steals the show, day and night. The space strikes that perfect balance between style and comfort, with exposed concrete ceilings and warm engineered hardwood floors creating an elevated, urban feel that never feels overdone. The open-concept layout flows seamlessly from kitchen to living, making it ideal for both everyday living and easy entertaining. The kitchen is sleek, practical, and designed for real life. From quick mornings to casual dinners with friends. The living area is completely move-in ready, complete with a media centre, built-in storage, and TV, so you can settle in from day one. The bedroom offers a comfortable retreat, with unbeatable CN Tower views, while the modern bathroom keeps things polished and clean. Every inch has been thoughtfully designed to maximize both style and function. Beyond the unit, the lifestyle here is unmatched. With direct indoor access to Metro, Starbucks, and everyday essentials, life is incredibly convenient year-round. Step outside and you're in the heart of West Queen West, surrounded by boutiques, cafés, top restaurants, and some of the best nightlife in the city. The Ossington strip is just steps away, and quick access to the Gardiner makes getting around effortless. Complete with parking, bonus built-in storage, and a view you'll never get tired of, this is Toronto living at its best. Welcome home.

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$485,000 - 20 Minowan Miikan Lane Unit 1127, Downtown Toronto

Condo for Sale in Downtown Toronto

72 days on market
1Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C12968318
Property Type
Condo
Status
active
Days on Site
72
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
REAL BROKER ONTARIO LTD.
Description

Clean lines, intentional design, and a space that just works. This 1-bedroom condo at The Carnaby delivers effortless city living with a standout CN Tower and skyline view that truly steals the show, day and night. The space strikes that perfect balance between style and comfort, with exposed concrete ceilings and warm engineered hardwood floors creating an elevated, urban feel that never feels overdone. The open-concept layout flows seamlessly from kitchen to living, making it ideal for both everyday living and easy entertaining. The kitchen is sleek, practical, and designed for real life. From quick mornings to casual dinners with friends. The living area is completely move-in ready, complete with a media centre, built-in storage, and TV, so you can settle in from day one. The bedroom offers a comfortable retreat, with unbeatable CN Tower views, while the modern bathroom keeps things polished and clean. Every inch has been thoughtfully designed to maximize both style and function. Beyond the unit, the lifestyle here is unmatched. With direct indoor access to Metro, Starbucks, and everyday essentials, life is incredibly convenient year-round. Step outside and you're in the heart of West Queen West, surrounded by boutiques, cafés, top restaurants, and some of the best nightlife in the city. The Ossington strip is just steps away, and quick access to the Gardiner makes getting around effortless. Complete with parking, bonus built-in storage, and a view you'll never get tired of, this is Toronto living at its best. Welcome home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,488.30/mo

Includes CMHC insurance ($13,532)

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5-yr fixed avg.

Principal: $436,500Interest: $296,459
Mortgage Amount$450,032
Total Interest$296,459
Est. Property Tax$344/mo
Total Cost$746,490

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.

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Neighbourhood Guide: Downtown Toronto / Waterfront

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

20 Minowan Miikan Lane Unit 1127, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$975
Property Tax (est.)-$344
Insurance (est.)-$101
Net Cash Flow+$940

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Negotiation Opportunity

At 72 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 0 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.

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.

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    20 Minowan Miikan Lane Unit 1127 | $485,000 | Battaglia Team