$1,289,000 - 208 Niagara Street Unit 26, Downtown Toronto
Condo for Sale in Downtown Toronto
66 days on market- MLS Number
- C12984080
- Property Type
- Condo
- Status
- active
- Days on Site
- 66
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- THE AGENCY
Most downtown buyers settle. They take the builder-grade finishes, the hollow-core doors, thecookie-cutter kitchen, because that's just what condo living looks like.This one is different.Every single builder material in this 3-bedroom, 2-bath King West townhouse has been replaced.Custom kitchen. Custom doors. Custom trims. And wherever possible, the bulkheads are gone,opened up to give you the clean ceilings and uninterrupted lines that most downtown units willnever have.The kitchen doesn't just look upgraded, it functions like one. The custom millwork, thethoughtful layout, the finishes that actually hold up to daily life. This is the kitchen thatmakes you want to cook again. Custom boxed window seating runs through the home, built-in storage, a place to land, the kindof detail you don't find in downtown Toronto at any price point. A dedicated linen closet.Built-in hampers. Every inch of this home was thought through because there is a place foreverything, and everything has its place.The doors, the trims, the finishes, all custom, all deliberate, all done right.Three real bedrooms. Two bathrooms. A layout that finally gives you room to breathe.Before you even step inside, the private front entrance and porch greet you, framed by lushgreenery in the warmer months. It feels like a house.And then there's the rooftop. Your own private deck above King West, with a water hookup already in place for the garden or the rinse-off after a long summer day. Summer BBQs, cityskyline, drinks with friends on a warm night. Outdoor space like this doesn't exist in mostdowntown buildings. Here, it's yours.Underground parking, a gym, and a sauna are included, because the lifestyle doesn't stop atyour front door. This home isn't for everyone. It's for the buyer who pays attention to the details, makesthoughtful choices, and knows the difference between a unit that looks renovated and one thatwas built to a standard.Homes like this don't wait for the right buyer. The right buyer moves.
Estimate your monthly payments for this property
Estimated Payment
$5,701.68/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.
208 Niagara Street Unit 26, 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
Premium Pricing
At $1289/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 66 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.
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.
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 $5,371 (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.