20 Minowan Miikan Lane Unit 729, Toronto C01

Price: $419,000

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C12911414

Welcome To The Carnaby By Streetcar Developments - A Sun-Filled Loft-Style 1 Bedroom Suite On The 7th Floor Of One Of Queen West's Most Iconic Communities. This Bright Open-Concept Layout Features Approx 500 Sqft Of Living Space With 9' Exposed Concrete Ceilings, Hardwood Floors Throughout, And Floor-To-Ceiling Windows Framing Stunning East-Facing Views Of The CN Tower And Downtown Skyline. The Contemporary Kitchen Features Sleek Built-In Appliances, Stone Countertops, And A Modern Design That Flows Into The Living & Dining Areas. The Generously Sized Bedroom Offers Ample Closet Space With Walk-Out To A Private Balcony - Perfect For Morning Coffee With City Views. In-Suite Laundry & Central Air Included. Residents Enjoy Hotel-Inspired Amenities: 24Hr Concierge, Fully Equipped Gym With Yoga Studio, Party Room & Billiards Lounge, Rooftop Terrace With BBQs, Guest Suites & Visitor Parking. Located In The Heart Of Queen West - Named One Of The Coolest Streets In The World - With Metro and Starbucks Right Inside The Building. Steps To The City's Best Cafés, Restaurants, Boutiques, Art Galleries & Iconic Spots Like The Gladstone Hotel, Drake Hotel & Trinity Bellwoods Park. Walk Score Of 99. 24Hr Streetcar Steps Away. Easy Access To Gardiner Via Jameson. Perfect For First-Time Buyers, Investors, Or Professionals Seeking Modern Loft Living In One Of Toronto's Most Desirable Neighbourhoods. Don't Miss This Opportunity!

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$419,000 - 20 Minowan Miikan Lane Unit 729, Downtown Toronto

Condo for Sale in Downtown Toronto

85 days on market
1Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C12911414
Property Type
Condo
Status
active
Days on Site
85
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
None
Exposure
North East
Balcony
Open
Listing Brokerage
PROPERTY.CA INC.
Description

Welcome To The Carnaby By Streetcar Developments - A Sun-Filled Loft-Style 1 Bedroom Suite On The 7th Floor Of One Of Queen West's Most Iconic Communities. This Bright Open-Concept Layout Features Approx 500 Sqft Of Living Space With 9' Exposed Concrete Ceilings, Hardwood Floors Throughout, And Floor-To-Ceiling Windows Framing Stunning East-Facing Views Of The CN Tower And Downtown Skyline. The Contemporary Kitchen Features Sleek Built-In Appliances, Stone Countertops, And A Modern Design That Flows Into The Living & Dining Areas. The Generously Sized Bedroom Offers Ample Closet Space With Walk-Out To A Private Balcony - Perfect For Morning Coffee With City Views. In-Suite Laundry & Central Air Included. Residents Enjoy Hotel-Inspired Amenities: 24Hr Concierge, Fully Equipped Gym With Yoga Studio, Party Room & Billiards Lounge, Rooftop Terrace With BBQs, Guest Suites & Visitor Parking. Located In The Heart Of Queen West - Named One Of The Coolest Streets In The World - With Metro and Starbucks Right Inside The Building. Steps To The City's Best Cafés, Restaurants, Boutiques, Art Galleries & Iconic Spots Like The Gladstone Hotel, Drake Hotel & Trinity Bellwoods Park. Walk Score Of 99. 24Hr Streetcar Steps Away. Easy Access To Gardiner Via Jameson. Perfect For First-Time Buyers, Investors, Or Professionals Seeking Modern Loft Living In One Of Toronto's Most Desirable Neighbourhoods. Don't Miss This Opportunity!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,149.69/mo

Includes CMHC insurance ($11,690)

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5-yr fixed avg.

Principal: $377,100Interest: $256,116
Mortgage Amount$388,790
Total Interest$256,116
Est. Property Tax$297/mo
Total Cost$644,906

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 729, 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)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$975
Property Tax (est.)-$297
Insurance (est.)-$87
Net Cash Flow+$1,001

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 85 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 729 | $419,000 | Battaglia Team