$499,900 - 50 Lynn Williams Street Unit 916, Downtown Toronto
Condo for Sale in Downtown Toronto
35 days on market- MLS Number
- C13116192
- Property Type
- Condo
- Status
- active
- Days on Site
- 35
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- WEB MAX REALTY INC.
Continue to build your own equity and financial stability with this stunning 1 bedroom/1 bath condo unit, perfectly situated in desirable Liberty Village. With premium stainless-steel appliances, waterfall quartz countertops, laminate hardwood floors and floor-to-ceiling windows, this 9th floor unit has just under 600 sq feet of bright, open living space, as well as an inviting southeast balcony. Step into a kitchen where timeless elegance meets modern functionality, highlighted by brushed brass hardware, fixtures, and accents, perfectly complementing the sleek cabinetry and natural quartz stone surfaces. The suite has a spacious primary bedroom with ensuite laundry and an ample walk-in closet. Fully integrated smart home capabilities include the Nest app's heat/cooling controls in the main open concept area, while a Phillips Hue app enables the smart lights and switches for energy-efficiency and lighting ambiance for any occasion. The unit comes with an underground parking spot conveniently located just by the elevators, (no more street parking hassles!), as well as a private, secure storage locker positioned right at the entrance, ensuring easy access to the space. Building amenities include a gorgeous fully equipped and recently renovated gym, 24/7 concierge, visitor parking, a pool, hot tub, sauna, BBQ, a garden, a stylish party room with kitchen/bar, a games room, and well-furnished guest suites. Restaurants, bars, cafes, and entertainment are steps away in the vibrant Liberty Village district and in the trendy Queen West and Ossington neighbourhoods and an off-leash dog park is located nearby. Schedule your private showing today and experience urban living at its finest! Perfect for professionals or first-time buyers.
Estimate your monthly payments for this property
Estimated Payment
$2,564.75/mo
Includes CMHC insurance ($13,947)
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 916, 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 $1000/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 35 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.
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.
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.