38 Cameron Street Unit 605, Toronto C01

Price: $1,798,888

2 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: C12886126

Welcome to a truly one-of-a-kind luxury residence where every inch has been elevated far beyond builder standard. Fully redesigned with exceptional attention to detail, this suite delivers the feel of a custom home in the heart of downtown.The moment you enter, the expanded foyer sets the tone with custom millwork, built-in entry storage, designer wall treatments, and pot lights throughout. Smart features include Lutron lighting controls, Nest climate systems, electric blinds in the main area, blackout drapes & sunshades in the bedrooms, plus Sonos speakers in every room.The kitchen has been completely renovated and expanded to maximize both function and style, featuring custom cabinetry, pantry storage, a 27-inch upgraded sink, induction cooktop, 36-inch fridge and stove, 28-bottle wine fridge, and 65-can beverage fridge. Wrapped marble counters and surfaces provide a luxurious finish with added durability. LED lighting accents the kitchen and closet cabinetry for a polished, upscale feel.The living area is anchored by a striking marble electric fireplace mantel with both heat and cool air fan. Bathrooms have been fully renovated with new custom finishes and faucets throughout. The primary suite was enhanced with additional custom closet space, while the third bedroom has been transformed into a stunning customized walk-in dressing room. A second custom walk-in closet and dedicated office add even more flexibility.The showpiece is the spectacular 1,000+ sq ft private terrace-an entertainer's dream rarely found in condo living. Complete with a built-in outdoor kitchen, matte black granite counters, custom 36-inch gas BBQ with rotisserie, outdoor fridge, shelving, garbage storage, two gas lines, water connection, and Sonos speakers, this outdoor space is in a class of its own.Located steps to Kensington Market, Chinatown, parks, transit, shopping, dining, and schools including Ogden JMS, Queen Alexandra MS, and Harbord CI, this is downtown luxury at its finest.

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New Listing
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$1,798,888 - 38 Cameron Street Unit 605, Downtown Toronto

Condo for Sale in Downtown Toronto

New — Listed 2 days ago
2Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
C12886126
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
Owned
Exposure
South West
Balcony
Terrace
Listing Brokerage
RE/MAX EXPERTS
Description

Welcome to a truly one-of-a-kind luxury residence where every inch has been elevated far beyond builder standard. Fully redesigned with exceptional attention to detail, this suite delivers the feel of a custom home in the heart of downtown.The moment you enter, the expanded foyer sets the tone with custom millwork, built-in entry storage, designer wall treatments, and pot lights throughout. Smart features include Lutron lighting controls, Nest climate systems, electric blinds in the main area, blackout drapes & sunshades in the bedrooms, plus Sonos speakers in every room.The kitchen has been completely renovated and expanded to maximize both function and style, featuring custom cabinetry, pantry storage, a 27-inch upgraded sink, induction cooktop, 36-inch fridge and stove, 28-bottle wine fridge, and 65-can beverage fridge. Wrapped marble counters and surfaces provide a luxurious finish with added durability. LED lighting accents the kitchen and closet cabinetry for a polished, upscale feel.The living area is anchored by a striking marble electric fireplace mantel with both heat and cool air fan. Bathrooms have been fully renovated with new custom finishes and faucets throughout. The primary suite was enhanced with additional custom closet space, while the third bedroom has been transformed into a stunning customized walk-in dressing room. A second custom walk-in closet and dedicated office add even more flexibility.The showpiece is the spectacular 1,000+ sq ft private terrace-an entertainer's dream rarely found in condo living. Complete with a built-in outdoor kitchen, matte black granite counters, custom 36-inch gas BBQ with rotisserie, outdoor fridge, shelving, garbage storage, two gas lines, water connection, and Sonos speakers, this outdoor space is in a class of its own.Located steps to Kensington Market, Chinatown, parks, transit, shopping, dining, and schools including Ogden JMS, Queen Alexandra MS, and Harbord CI, this is downtown luxury at its finest.

Mortgage Calculator

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Estimated Payment

$7,957.09/mo

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5-yr fixed avg.

Principal: $1,439,110Interest: $948,016
Mortgage Amount$1,439,110
Total Interest$948,016
Est. Property Tax$1,274/mo
Total Cost$2,387,126

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

38 Cameron Street Unit 605, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
0.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$1,274
Insurance (est.)-$375
Net Cash Flow+$91

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Premium Pricing

At $1499/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.

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.

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 $7,495 (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.

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