$1,199,999 - 39 Tecumseth Street Unit 47, Downtown Toronto
Condo for Sale in Downtown Toronto
68 days on market- MLS Number
- C12976802
- Property Type
- Condo
- Status
- active
- Days on Site
- 68
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- East West
- Balcony
- Open
- Listing Brokerage
- HOUSESIGMA INC.
This is downtown living done right. A fully upgraded, multi-level townhouse that checks every box, with the space, style, and amenities to match. The main floor is designed to impress, featuring a sleek open-concept layout with a modern kitchen, oversized island, and seamless flow into expansive living and dining areas, perfect for entertaining or everyday comfort. Custom built-ins and a statement fireplace elevate the space while maximizing storage. Step outside to your private balcony overlooking the outdoor pool and BBQ area below, your own summer escape in the city. The grounds are meticulously maintained year-round, with snow removal in winter and landscaping care throughout the summer months.Upstairs, versatile rooms and a flexible loft-style layout offer endless possibilities, ideal for a primary retreat, home office, gym, or additional living space. The second bedroom features a Murphy bed with built-in shelving, maximizing both space and functionality.This highly desirable, amenity-rich community has it all: indoor and outdoor pools, outdoor BBQ area and playground, fitness centre, four squash courts, hot tub, sauna, movie theatre, games room, and party room, 24-hour concierge and complimentary visitor parking, everything you need for active living and relaxation, year-round.Unbeatable location just steps from the streetcar, with convenient city rental bikes at your doorstep and the upcoming King-Bathurst subway station set to bring even greater connectivity to the neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$5,308.00/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.
39 Tecumseth Street Unit 47, 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
Fair Market Value
At $857/sqft, this property is priced in line with current Downtown Toronto 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 68 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.
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 $5,000 (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.