219 Fort York Boulevard Unit LPH 3702, Toronto C01

Price: $1,250,000

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: C13037314

Stunning Penthouse Retreat with Epic Lake & CN Tower Views - Your Dream Toronto Escape Awaits! Imagine waking up to panoramic sunrises over Lake Ontario and the iconic CN Tower lighting up your night - this isn't just a rental, it's your ultimate urban oasis! This modern 2-bedroom penthouse boasts massive living space flooded with natural light from floor-to-ceiling windows wrapping around every corner. Designed with high-end luxury furnishings, a fully equipped gourmet kitchen (perfect for whipping up meals or hosting intimate dinners), and premium finishes that scream sophistication. Whether you're relaxing on the plush sofa or entertaining friends, this space is built for comfort and style - ideal for long-term stays where you can truly make it your own! Viral-Worthy Location Alert! Nestled in the heart of downtown Toronto, you're steps away from the vibrant energy of King Street West (trendy bars, restaurants, and shops galore!), Exhibition Place for events and festivals, the iconic CN Tower for skyline adventures, Metro Convention Center for business pros, and even Billy Bishop Airport for seamless travel. Walk, bike, or hop on transit - this spot puts the best of Toronto at your doorstep.

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$1,250,000 - 219 Fort York Boulevard Unit LPH 3702, Downtown Toronto

Condo for Sale in Downtown Toronto

56 days on market
2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
C13037314
Property Type
Condo
Status
active
Days on Site
56
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
None
Exposure
North East
Balcony
Open
Listing Brokerage
ADVISORS REALTY
Description

Stunning Penthouse Retreat with Epic Lake & CN Tower Views - Your Dream Toronto Escape Awaits! Imagine waking up to panoramic sunrises over Lake Ontario and the iconic CN Tower lighting up your night - this isn't just a rental, it's your ultimate urban oasis! This modern 2-bedroom penthouse boasts massive living space flooded with natural light from floor-to-ceiling windows wrapping around every corner. Designed with high-end luxury furnishings, a fully equipped gourmet kitchen (perfect for whipping up meals or hosting intimate dinners), and premium finishes that scream sophistication. Whether you're relaxing on the plush sofa or entertaining friends, this space is built for comfort and style - ideal for long-term stays where you can truly make it your own! Viral-Worthy Location Alert! Nestled in the heart of downtown Toronto, you're steps away from the vibrant energy of King Street West (trendy bars, restaurants, and shops galore!), Exhibition Place for events and festivals, the iconic CN Tower for skyline adventures, Metro Convention Center for business pros, and even Billy Bishop Airport for seamless travel. Walk, bike, or hop on transit - this spot puts the best of Toronto at your doorstep.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,529.17/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $1,000,000Interest: $658,751
Mortgage Amount$1,000,000
Total Interest$658,751
Est. Property Tax$885/mo
Total Cost$1,658,751

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

219 Fort York Boulevard Unit LPH 3702, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$885
Insurance (est.)-$260
Net Cash Flow+$595

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

Fair Market Value

At $1042/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.

Negotiation Opportunity

At 56 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.

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 $5,208 (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.

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    219 Fort York Boulevard Unit LPH 3702 | $1,250,000 | Battaglia Team