38 Joe Shuster Way Unit 302, Toronto W01

Price: $499,999

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: W12783868

Experience the best of Toronto city living with a prime location where almost everything is within walking distance. Situated in the trendy King West neighbourhood, you're just a short distance from Queen West's vibrant shopping scene and mere steps from the delightful Liberty Village. This newly renovated spacious unit offers 690 square feet of indoor space, complemented by an additional 15 square feet of outdoor balcony. It features a large master bedroom with a four-piece ensuite bath, a second bathroom, and a roomy den with an enclosed door that can easily be transformed into a second bedroom. Brand New Floors, Fresh Paint, and a Newly renovated Kitchen make this property move in ready. Enjoy fantastic building amenities, including a fitness centre, indoor pool, boardroom with Wi-Fi, visitor parking, guest suites, and 24-hour concierge service. With beautiful parks, scenic trails, gyms, grocery stores, restaurants, shops, TTC transit, QEW access, banks, and much more just steps away, this building provides everything you could desire for city living. Underground parking and a locker are included!

38 Joe Shuster Way Unit 302 - Condo photo 1 of 30 in High Park / Junction / Roncesvalles, Ontario
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$499,999 - 38 Joe Shuster Way Unit 302, High Park

Condo for Sale in High Park

108 days on market
2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
W12783868
Property Type
Condo
Status
active
Days on Site
108
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
High Park / Junction / Roncesvalles
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
ON THE BLOCK
Description

Experience the best of Toronto city living with a prime location where almost everything is within walking distance. Situated in the trendy King West neighbourhood, you're just a short distance from Queen West's vibrant shopping scene and mere steps from the delightful Liberty Village. This newly renovated spacious unit offers 690 square feet of indoor space, complemented by an additional 15 square feet of outdoor balcony. It features a large master bedroom with a four-piece ensuite bath, a second bathroom, and a roomy den with an enclosed door that can easily be transformed into a second bedroom. Brand New Floors, Fresh Paint, and a Newly renovated Kitchen make this property move in ready. Enjoy fantastic building amenities, including a fitness centre, indoor pool, boardroom with Wi-Fi, visitor parking, guest suites, and 24-hour concierge service. With beautiful parks, scenic trails, gyms, grocery stores, restaurants, shops, TTC transit, QEW access, banks, and much more just steps away, this building provides everything you could desire for city living. Underground parking and a locker are included!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,565.25/mo

Includes CMHC insurance ($13,950)

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5-yr fixed avg.

Principal: $449,999Interest: $305,627
Mortgage Amount$463,949
Total Interest$305,627
Est. Property Tax$354/mo
Total Cost$769,576

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: High Park / Junction / Roncesvalles

Discover High Park / Junction / Roncesvalles

High Park / Junction / Roncesvalles 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 High Park / Junction / Roncesvalles

  • Convenient location in High Park / Junction / Roncesvalles
  • 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

High Park / Junction / Roncesvalles 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 Joe Shuster Way Unit 302, High Park / Junction / Roncesvalles

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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)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,352

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 $833/sqft, this property is priced in line with current High Park 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.

Negotiation Opportunity

At 108 days on site, this property has exceeded the typical selling timeline for High Park. 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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    38 Joe Shuster Way Unit 302 | $499,999 | Battaglia Team