36 Lisgar Street Unit 1007E, Toronto C01

Price: $434,900

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: C12961810

Situated in one of Toronto's most walkable neighbourhoods, this unique 1 bedroom plus den suite offers huge floor-to ceiling windows in both the open concept living area and primary bedroom, providing natural light throughout the day. The open plan kitchen/dining/living area offers enough space for watching TV, hosting a small group for dinner, and adding a kitchen island to provide extra storage or grab a quick bite ~ rare in a unit of this size. The open concept den is perfect for professionals seeking a separate workspace with a little extra storage. The primary bedroom offers a large double closet and enough space for a king size bed! Residents of The Edge enjoy access to all the amenities you'd expect, 24-Hour Concierge, Fitness Centre, Rooftop Terrace, Party room, media room, and games room with billiards. Guest Suites are available for visiting friends and family. Steps away from the iconic Drake Hotel and great bars and restaurants in Queen West, King West and Liberty Village. Enjoy the outdoors with Lisgar Park just outside your door or take a stroll to Trinity Bellwoods Park. 24-hour Queen Streetcar at your doorstep and just a short walk to Exhibition GO Station.

36 Lisgar Street Unit 1007E - Condo photo 1 of 21 in Downtown Toronto / Waterfront, Ontario
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$434,900 - 36 Lisgar Street Unit 1007E, Downtown Toronto

Condo for Sale in Downtown Toronto

56 days on market
2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
C12961810
Property Type
Condo
Status
active
Days on Site
56
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
None
Exposure
East West
Balcony
Open
Listing Brokerage
RE/MAX PROFESSIONALS INC.
Description

Situated in one of Toronto's most walkable neighbourhoods, this unique 1 bedroom plus den suite offers huge floor-to ceiling windows in both the open concept living area and primary bedroom, providing natural light throughout the day. The open plan kitchen/dining/living area offers enough space for watching TV, hosting a small group for dinner, and adding a kitchen island to provide extra storage or grab a quick bite ~ rare in a unit of this size. The open concept den is perfect for professionals seeking a separate workspace with a little extra storage. The primary bedroom offers a large double closet and enough space for a king size bed! Residents of The Edge enjoy access to all the amenities you'd expect, 24-Hour Concierge, Fitness Centre, Rooftop Terrace, Party room, media room, and games room with billiards. Guest Suites are available for visiting friends and family. Steps away from the iconic Drake Hotel and great bars and restaurants in Queen West, King West and Liberty Village. Enjoy the outdoors with Lisgar Park just outside your door or take a stroll to Trinity Bellwoods Park. 24-hour Queen Streetcar at your doorstep and just a short walk to Exhibition GO Station.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,231.26/mo

Includes CMHC insurance ($12,134)

$
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5%10%50%

5-yr fixed avg.

Principal: $391,410Interest: $265,835
Mortgage Amount$403,544
Total Interest$265,835
Est. Property Tax$308/mo
Total Cost$669,379

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

36 Lisgar Street Unit 1007E, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$308
Insurance (est.)-$91
Net Cash Flow+$1,411

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

Competitive Pricing

At $725/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

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.

Efficient Living

At 600 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.

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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    36 Lisgar Street Unit 1007E | $434,900 | Battaglia Team