$1,599,900 - 48 Michener Court, Downtown Toronto
Townhouse for Sale in Downtown Toronto
44 days on market- MLS Number
- C13087270
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 44
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- KELLER WILLIAMS PORTFOLIO REALTY
Step into a home that feels like a hidden retreat in the heart of the city. This rare, beautifully renovated end-unit is a grand 3-storey residence tucked away at the end of a quiet cul-de-sac in King West, offering a unique sense of privacy and a calm, almost suburban feel just moments from the city's energy. With an extra-wide 24-foot frontage and 2.5 parking spaces, this home immediately sets itself apart. Natural light pours in from three sides, filling the home with an airy, uplifting feel. The open-concept main floor offers a sense of space that's hard to find downtown-designed for both everyday comfort and effortless entertaining. Picture slow mornings in your expansive kitchen, coffee in hand, with over 30 feet of beautifully finished counter space. Evenings flow seamlessly from cooking to dining to relaxing, with a walkout to your wraparound deck. Out back, your private oasis awaits. The gentle sound of a waterfall, a thoughtfully designed deck, and multiple gas BBQ connections create the perfect setting for summer gatherings, quiet nights under the stars, or simply unwinding at the end of the day-all with unobstructed views. A rare mudroom with heated floors keeps life organized through every season, while the versatile main-floor bedroom-with its own ensuite and private entrance-offers flexibility for guests, a home office, or multi-generational living. And when you do step out, you're perfectly positioned-wander west to Trinity Bellwoods, east to the buzz of King West, north to Little Italy, or south to the lake. Everything you love about Toronto is at your doorstep, yet home always feels like a quiet escape.
Estimate your monthly payments for this property
Estimated Payment
$7,076.90/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.
48 Michener Court, Downtown Toronto / Waterfront
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $1067/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 44 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Downtown Toronto have shown strong appreciation as families seek more space.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Downtown Toronto. Good resale value as demand remains consistent.
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 $6,666 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.