$759,000 - 21 Balmuto Street Unit 1603, Downtown Toronto
Condo for Sale in Downtown Toronto
Popular Listing- MLS Number
- C13238016
- Property Type
- Condo
- Status
- active
- Days on Site
- 12
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- REAL ONE REALTY INC.
Luxury Living in the Heart of Yorkville - Welcome to Crystal Blu at 21 Balmuto St., a premier residence in one of Toronto's most prestigious neighbourhoods. This stunning 850 sq. ft. corner suite offers an expansive 2-bedroom, 2-bathroom layout with an open-concept study, functioning much like a 2+1, and showcases breathtaking southwest views of the city skyline and CN Tower. Perched on the 16th floor with only four other suites on the level, this residence provides exceptional privacy and tranquility. Featuring soaring 10-foot ceilings and floor-to-ceiling windows, the space is filled with natural light, creating a bright, airy, and house-like ambiance. Elegant upgrades throughout include hardwood flooring, fresh paint, and a designer kitchen with quartz countertops, stylish backsplash, modern sink and faucet, and top-of-the-line integrated appliances. The open-concept living and dining area is ideal for entertaining, while the private balcony offers the perfect place to enjoy panoramic city views. The spacious primary bedroom features a generous walk-in closet and a beautifully updated ensuite with modern fixtures, glass shower, and new toilet. The second bedroom offers excellent flexibility for guests, a home office, or additional living space. Nestled on a quiet stretch of Balmuto Street, this exceptional residence is just steps from Bay & Bloor, Yorkville, the University of Toronto, world-class shopping, fine dining, and two subway lines. Experience urban luxury at its finest. Include One Parking and One Locker. See attached pictures and floor plan.
Estimate your monthly payments for this property
Estimated Payment
$3,894.06/mo
Includes CMHC insurance ($21,176)
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.
21 Balmuto Street Unit 1603, 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
Fair Market Value
At $949/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.
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 800 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 $3,163 (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.