$798,899 - 203 College Street Unit 606, Downtown Toronto
Condo for Sale in Downtown Toronto
- MLS Number
- C13131808
- Property Type
- Condo
- Status
- active
- Days on Site
- 27
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- N/A sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- BENCHMARK SIGNATURE REALTY INC.
Where Toronto's Smartest Investors Buy - Welcome To Prestigious Theory Condos, Perfectly Positioned Directly Across From The North Campus Of U Of T In One Of Downtown Toronto's Strongest Rental Corridors. Highly Sought After By U Of T Students, Medical Professionals, International Students & Young Downtown Professionals, This Is A Rare Opportunity To Own A High-Demand Investment In The Heart Of The City With Exceptional Rental Potential Year After Year.Bright And Spacious 1+Den Suite Featuring A Highly Functional Layout With 2 Full Bathrooms And A Large Enclosed Den With Sliding Doors - Ideal As A Second Bedroom, Home Office, Or Flexible Rental Space. Efficient Open-Concept Design With Laminate Flooring Throughout, Floor-To-Ceiling Windows, And Modern Finishes Designed To Maximize Both Comfort And Rental Appeal.Unbeatable Downtown Location At College & University - Steps To U Of T St. George Campus, OCAD, TMU, Major Hospitals, Financial District, TTC Subway & Streetcar Access. Walk To T&T Supermarket, Chinatown, Kensington Market, Restaurants, Cafés, Shops & Everyday Essentials. Starbucks Conveniently Located Downstairs.Exceptional 100 Walk Score Offering The Ultimate Urban Lifestyle. Residents Enjoy Premium Amenities Including 24Hr Concierge, Gym, Study Room, Party Room & Outdoor Terrace With BBQ Area. Ideal Opportunity For End Users, Parents Purchasing For Students, Or Investors Seeking Strong Cash Flow Potential & Long-Term Downtown Appreciation. Some Photos Are Virtually Staged For Illustration Purposes Only.
Estimate your monthly payments for this property
Estimated Payment
$4,098.77/mo
Includes CMHC insurance ($22,289)
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.
203 College Street Unit 606, Downtown Toronto / Waterfront
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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
Market Position
At 27 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.
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.
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 $3,329 (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.