$2,299,000 - 268 Sterling Road, Downtown Toronto
Detached for Sale in Downtown Toronto
Popular Listing- MLS Number
- C13211386
- Property Type
- Detached
- Status
- active
- Days on Site
- 13
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- RE/MAX WEST REALTY INC.
Step into a sleek, contemporary residence that blends style, flexibility, and strong investment potential in one of Toronto's most sought-after west-end neighborhoods. Offering over 3,300 square feet livable space, this thoughtfully designed property features three self-contained units-ideal for generating reliable rental income or for a family seeking a luxurious home with additional revenue opportunities. Each unit is crafted with modern finishes and functional layouts. The second-floor suite is a standout, filled with natural light streaming through three skylights, creating an airy and inviting atmosphere. It also boasts a beautifully designed kitchen complete with a built-in bar area-perfect for entertaining or unwinding in style. The main-floor unit offers exceptional versatility, including a spacious recreation room in the basement, ideal for a home theatre, gym, or additional living space. Throughout the home, you'll find stunning kitchen spaces that combine form and function, catering to both everyday living and hosting. The property sits on a generous lot and includes two private parking spaces, adding convenience in this vibrant urban setting. Located in a dynamic and rapidly growing community, you're just steps from cultural and lifestyle hotspots like the Museum of Contemporary Art Toronto, Spacious West Toronto, and Henderson Brewing Company. Enjoy nearby cafés, scenic bike and walking paths, and easy access to transit-including a direct UP train to Union Station and connections to the subway. You're also minutes from the charm of Roncesvalles Village and the expansive green spaces of High Park. Whether you're an investor or a homeowner looking for flexibility and upscale living, this exceptional property offers the best of both worlds.
Estimate your monthly payments for this property
Estimated Payment
$10,169.25/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.
268 Sterling Road, 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 $1150/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.
Detached Home Advantages
Detached homes in Downtown Toronto are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Downtown Toronto.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $9,579 (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.