28 Widmer Street Unit SPH23, Toronto C01

Price: $1,150,000

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: C13423156

WELCOME TO ENCORE THEATRE DISTRICT - SUB PENTHOUSE LIVING IN THE HEART OF DOWNTOWN TORONTO. Experience elevated city living in this never-lived-in Lower Penthouse residence offering over 1,200 sq. ft. of thoughtfully designed living space. Featuring 3 spacious bedrooms, 2.5 elegant bathrooms, and expansive living and dining areas, this exceptional suite combines comfort, style, and functionality. Enjoy floor-to-ceiling windows, and an abundance of natural light throughout. Residents have access to first-class amenities, including an outdoor pool, fully equipped fitness centre, party room, and concierge service. Situated in Toronto's vibrant Entertainment District, you're just steps from the TTC, world-class dining, theatres, shopping, and nightlife. Parking and locker available for purchase at an additional cost.

28 Widmer Street Unit SPH23 - Condo photo 1 of 10 in Downtown Toronto / Waterfront, Ontario
28 Widmer Street Unit SPH23 - Condo photo 2 of 10 in Downtown Toronto / Waterfront, Ontario
28 Widmer Street Unit SPH23 - Condo photo 3 of 10 in Downtown Toronto / Waterfront, Ontario
28 Widmer Street Unit SPH23 - Condo photo 4 of 10 in Downtown Toronto / Waterfront, Ontario
28 Widmer Street Unit SPH23 - Condo photo 5 of 10 in Downtown Toronto / Waterfront, Ontario
28 Widmer Street Unit SPH23 - Condo photo 6 of 10 in Downtown Toronto / Waterfront, Ontario
28 Widmer Street Unit SPH23 - Condo photo 7 of 10 in Downtown Toronto / Waterfront, Ontario
28 Widmer Street Unit SPH23 - Condo photo 8 of 10 in Downtown Toronto / Waterfront, Ontario
28 Widmer Street Unit SPH23 - Condo photo 9 of 10 in Downtown Toronto / Waterfront, Ontario
28 Widmer Street Unit SPH23 - Condo photo 10 of 10 in Downtown Toronto / Waterfront, Ontario
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New Listing
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$1,150,000 - 28 Widmer Street Unit SPH23, Downtown Toronto

Condo for Sale in Downtown Toronto

New — Listed yesterday
3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
C13423156
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
None
Exposure
South West
Balcony
Open
Listing Brokerage
NORDALE REALTY & ASSOCIATES INC.
Description

WELCOME TO ENCORE THEATRE DISTRICT - SUB PENTHOUSE LIVING IN THE HEART OF DOWNTOWN TORONTO. Experience elevated city living in this never-lived-in Lower Penthouse residence offering over 1,200 sq. ft. of thoughtfully designed living space. Featuring 3 spacious bedrooms, 2.5 elegant bathrooms, and expansive living and dining areas, this exceptional suite combines comfort, style, and functionality. Enjoy floor-to-ceiling windows, and an abundance of natural light throughout. Residents have access to first-class amenities, including an outdoor pool, fully equipped fitness centre, party room, and concierge service. Situated in Toronto's vibrant Entertainment District, you're just steps from the TTC, world-class dining, theatres, shopping, and nightlife. Parking and locker available for purchase at an additional cost.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,086.84/mo

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5-yr fixed avg.

Principal: $920,000Interest: $606,051
Mortgage Amount$920,000
Total Interest$606,051
Est. Property Tax$815/mo
Total Cost$1,526,051

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

28 Widmer Street Unit SPH23, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$815
Insurance (est.)-$240
Net Cash Flow+$1,085

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 $958/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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 $4,792 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    28 Widmer Street Unit SPH23… — $1,150,000 | Battaglia Team