$1,240,000 - 42 Camden Street Unit 603, Downtown Toronto
Condo for Sale in Downtown Toronto
41 days on market- MLS Number
- C13104028
- Property Type
- Condo
- Status
- active
- Days on Site
- 41
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North
- Balcony
- Terrace
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Welcome To This Exquisite (1204 Sf) Open-Concept Zen Loft, Discreetly Tucked Away On A Quiet Street. Designed With A Coveted Split-Bedroom Layout, This Sophisticated Home Offers Both Privacy & Seamless Flow, Complemented By Soaring 9-Foot Ceilings & Dramatic Floor-To-Ceiling Windows That Flood The Space With Natural Light & Seamlessly Extend Outdoors To An Expansive Terrace With A Built-In BBQ Hookup, Ideal For Summer Entertaining Or Candlelight Dinners.The Home Showcases Exceptional Porcelanosa Porcelain Imported From Spain, Featuring Full-Slab Kitchen Countertops, An Expansive Designer Island, & Striking Book Matched, Full-Height Slabs In The Primary Shower, Each Detail Reflecting Superior Craftsmanship & Refined Elegance.The Primary Bedroom Is A Serene Retreat, Highlighted By A Large Window & A Spa-Inspired Ensuite Featuring Double Vanity Sinks, A Spacious Walk-In Shower With Multiple Rain Shower Heads, & Thoughtfully Designed Wall Closets. The 2nd Bedroom Offers Remarkable Versatility With A Custom Built-In Murphy Bed, Double Closets, & Direct Access To An Adjacent Bathroom, Ideal For Guests, A Private Office, Or A Secondary Suite.Additional Highlights Include Premium Engineered Hardwood Floors, Bespoke Millwork Throughout, & Designer LED Lighting That Enhances The Home's Luxurious Ambiance While Accentuating Its Architectural Details.Every Element Of This Unique Home Has Been Meticulously Curated To Create A Tranquil, Living Experience Where Luxury Meets Functionality.Ideally Located In One Of The City's Most Desirable Urban Enclaves. The Home Is Surrounded By 4 parks & 7 Recreational Facilities Within A 20-Minute Walk. Exceptional Connectivity Is Just Steps Away, With A 2-Min. Walk To Spadina Ave. Street-Level Transit, A 13-Min. Walk To TTC, Osgoode Subway Stn., & Quick Access To Gardiner Expressway & Lakeshore Blvd., within a 5-min. Drive.This Is An Exceptional Opportunity To Own A Refined Urban Sanctuary With 1 Parking & 2 Lockers Included.
Estimate your monthly payments for this property
Estimated Payment
$5,484.94/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.
42 Camden Street Unit 603, 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 $1033/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.
Market Position
At 41 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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 $5,167 (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.