$430,000 - 36 Lisgar Street Unit 518 W, Downtown Toronto
Condo for Sale in Downtown Toronto
55 days on market- MLS Number
- C13031228
- Property Type
- Condo
- Status
- active
- Days on Site
- 55
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- RARE REAL ESTATE
** Attention young professionals, truly unbeatable value! ** Own this split 2 bedroom layout at Edge on Triangle Park, in the heart of West Queen West. This bright, south-west facing unit offers an efficient layout with floor-to-ceiling windows, filling the space with plenty of natural light. If you're an end user looking to offset your mortgage payment with the opportunity to rent out a second bedroom, this is for you. This unit has been recently refreshed, offering a clean, move-in-ready feel. The modern kitchen features stainless steel appliances, granite countertops, and contemporary cabinetry, complemented by en-suite laundry. The unit also includes 1 parking space, 1 locker, and the added value of an owned heat pump system, a rare upgrade in the building that is typically leased monthly in other suites. Offering both added value and long-term cost savings. Residents enjoy exceptional amenities including a fully equipped fitness centre, landscaped garden terrace, party room, guest suites, and 24-hour concierge. Unbeatable location just steps from the Drake Hotel and the vibrant dining and nightlife of Queen West, King West, and Liberty Village. Nearby green spaces include Lisgar Park and Trinity Bellwoods Park, with 24-hour streetcar access at your doorstep and a short walk to Exhibition GO Station. Exceptional value in one of Toronto's most sought-after urban neighbourhood
Estimate your monthly payments for this property
Estimated Payment
$2,206.12/mo
Includes CMHC insurance ($11,997)
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.
36 Lisgar Street Unit 518 W, 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
Competitive Pricing
At $717/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 55 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.