$1,688,000 - 3 Concord Cityplace Way Unit 7006, Downtown Toronto
Condo for Sale in Downtown Toronto
43 days on market- MLS Number
- C13077988
- Property Type
- Condo
- Status
- active
- Days on Site
- 43
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
A stunning 3-bedroom residence perched on the 70th floor at Concord Canada House. Spanning approximately 1,130 sq ft, this thoughtfully designed suite features 9.5 ft ceilings, expansive principal rooms, and seamless indoor-outdoor flow. Enjoy breathtaking east-facing, protected views of the city skyline, including the CN Tower, Rogers Centre, and Steam Whistle Roundhouse - best enjoyed from your full-width private terrace, upgraded with premium flooring, ambient lighting, and outdoor heating for year-round use. Whether entertaining or unwinding, this outdoor space is truly an extension of the home - even catch a Blue Jays game from your balcony. Inside, the suite is enhanced with custom closets, blackout blinds in all bedrooms, and a functional split-bedroom layout ideal for families or professionals. The modern kitchen flows effortlessly into the open-concept living and dining area, designed for both everyday living and entertaining. Additional upgrades include EV charger capability, offering future-forward convenience. Perfectly positioned in CityPlace, residents enjoy immediate access to the Spadina streetcar, connecting directly to Union Station, as well as proximity to The Well, Canoe Landing Park, and Toronto's growing tech hub. Walk to the Financial District, King West, Scotiabank Arena, the Theatre District, and Billy Bishop Airport - delivering unmatched urban convenience and long-term investment appeal. Residents enjoy world-class amenities, including the 82nd-floor Sky Lounge and Sky Gym, 24-hour concierge, indoor swimming pool, touchless car wash, and more. A rare opportunity to own a high-floor, view-protected suite with exceptional outdoor living in one of Toronto's most dynamic neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$7,466.59/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.
3 Concord Cityplace Way Unit 7006, 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 $1688/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 43 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.
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.
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 $7,033 (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.