$999,000 - 24 Collahie Street, Downtown Toronto
Townhouse for Sale in Downtown Toronto
- MLS Number
- C13170678
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 24
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- FOX MARIN ASSOCIATES LTD.
There's a certain kind of Toronto house that feels less like manufactured real estate and more like a beautifully preserved time capsule with impeccable taste and a story to tell. 24 Collahie St is one of those homes; a rare piece of Toronto's quintessential Victorian fabric, but reimagined for people who prefer their nostalgia with sharp edges and good lighting.This beautifully updated end-of-row Victorian seamlessly balances character with industrial minimalism in a way that feels effortless. The exterior sets the tone immediately: a sculptural arched portico frames a cedar-clad recessed entry, while contemporary window & door elements, along with corrugated metal siding introduce just the right amount of edge -- a striking contrast between old-world craftsmanship and modern urban design. Inside, original stained glass details steal the show, casting colour and warmth through bright, airy interiors flooded with natural light. The newly upgraded kitchen is clean, functional, and beautifully understated, designed for people who actually cook, gather, and live. The layout works because it respects the bones of the home while embracing modern life: open and welcoming living/dining spaces, thoughtful upgrades throughout, and a private backyard with future parking potential if desired. And then there's the basement ... fully underpinned with over 8-ft ceiling heights. Not the dark, crouching Victorian basement Torontonians have learned to tolerate, but a genuinely usable extension of the home. Functional. Comfortable. Valuable square footage you'll actually enjoy spending time in. Location? Ridiculously good. A 15-minute walk to Trinity Bellwoods Park. Steps to Dundas and Queen St W, and 10 minutes to Ossington Avenue, placing some of the city's best restaurants, cafés, bakeries, and late-night misadventures right at your doorstep. Yet somehow, the street itself remains quiet, residential, &deeply neighbourly. Architecturally compelling with soul intact.Welcome home!
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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.
24 Collahie Street, 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
Premium Pricing
At $1427/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.
Market Position
At 24 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Downtown Toronto have shown strong appreciation as families seek more space.
Efficient Living
At 700 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.
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 $4,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.