600 Fleet Street Unit 401, Toronto C01

Price: $399,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: C13170368

A sophisticated urban retreat in the heart of historic Fort York. Thoughtfully designed for effortless downtown living, this beautifully curated one-bedroom residence offers 553 square feet of bright, functional space, a private balcony, and the rare convenience of dedicated parking. The open-concept layout is anchored by a spacious kitchen with a central island, crisp white cabinetry, stainless steel appliances, and a clean tile backsplash. It is a natural gathering point for morning coffee, casual dining, or intimate evenings at home. Sun-filled interiors, warm wood flooring, and a calm, efficient floor plan create an inviting sense of ease throughout. The living area extends seamlessly to the private balcony, offering a quiet outdoor moment above the city. The bedroom feels serene and well-considered, complete with integrated storage, while the four-piece bathroom and ensuite laundry support comfortable everyday living. Beyond the suite, residents enjoy a lifestyle of convenience with 24-hour concierge service, an indoor pool, fitness centre, and an expansive rooftop garden. Set just steps from the waterfront, scenic trails, Loblaws, transit, and the vibrant energy of King West, Unit 401 offers the ideal balance of city connection and waterfront calm. A smart city home for first-time buyers, investors, or anyone seeking a well-connected downtown address without sacrificing comfort. Includes one parking space.

600 Fleet Street Unit 401 - Condo photo 1 of 31 in Downtown Toronto / Waterfront, Ontario
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$399,000 - 600 Fleet Street Unit 401, Downtown Toronto

Condo for Sale in Downtown Toronto

1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
C13170368
Property Type
Condo
Status
active
Days on Site
21
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
None
Exposure
North West
Balcony
Open
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Description

A sophisticated urban retreat in the heart of historic Fort York. Thoughtfully designed for effortless downtown living, this beautifully curated one-bedroom residence offers 553 square feet of bright, functional space, a private balcony, and the rare convenience of dedicated parking. The open-concept layout is anchored by a spacious kitchen with a central island, crisp white cabinetry, stainless steel appliances, and a clean tile backsplash. It is a natural gathering point for morning coffee, casual dining, or intimate evenings at home. Sun-filled interiors, warm wood flooring, and a calm, efficient floor plan create an inviting sense of ease throughout. The living area extends seamlessly to the private balcony, offering a quiet outdoor moment above the city. The bedroom feels serene and well-considered, complete with integrated storage, while the four-piece bathroom and ensuite laundry support comfortable everyday living. Beyond the suite, residents enjoy a lifestyle of convenience with 24-hour concierge service, an indoor pool, fitness centre, and an expansive rooftop garden. Set just steps from the waterfront, scenic trails, Loblaws, transit, and the vibrant energy of King West, Unit 401 offers the ideal balance of city connection and waterfront calm. A smart city home for first-time buyers, investors, or anyone seeking a well-connected downtown address without sacrificing comfort. Includes one parking space.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

$
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5%10%50%

5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

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.

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Neighbourhood Guide: Downtown Toronto / Waterfront

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

600 Fleet Street Unit 401, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,109

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $798/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 21 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.

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    600 Fleet Street Unit 401, Down… — $399,000 | Battaglia Team