$545,000 - 50 Lynn Williams Street Unit 2211, Downtown Toronto
Condo for Sale in Downtown Toronto
48 days on market- MLS Number
- C13058228
- Property Type
- Condo
- Status
- active
- Days on Site
- 48
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- RARE REAL ESTATE
This immaculately-kept penthouse-level one bedroom suite offers elevated living with stunning waterfront views and a refined, modern aesthetic throughout. Thoughtfully updated, the unit features beautifully refaced kitchen and bathroom cabinetry with sleek brand-new finishes. A new washer and dryer add everyday ease and are positioned right beside the spacious walk-in closet. The well-designed layout maximizes space, light, and comfort. Situated on one of the building's premier penthouse floors, this residence is complete with one parking space and a storage locker. Residents enjoy recently upgraded amenities, including a state-of-the-art fitness centre and a modern party room designed to host your guests in style. The building has strong security with controlled access and well-managed concierge services. Located in the heart of Liberty Village, this is where convenience meets lifestyle for all. Kids can enjoy a playground across the street at Liberty Park and pets have a designated fenced park area along Western Battery Rd. Liberty Village offers a true community feel - a welcoming, family-like neighbourhood with a supportive atmosphere where neighbours stay connected and are always happy to help through active local social groups. Everything you need is at your doorstep from Metro, vibrant restaurants, cafés, and pubs, to seamless access to transit, the Gardiner Expressway, and just a short walk to the beautiful waterfront and Exhibition Place, Ontario Subway Line will be built! Vacant possession guaranteed. Status certificate ordered. Don't miss this one!
Estimate your monthly payments for this property
Estimated Payment
$2,796.13/mo
Includes CMHC insurance ($15,206)
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.
50 Lynn Williams Street Unit 2211, 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 $1090/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 48 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.
Efficient Living
At 500 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.
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 $2,271 (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.