$2,000,000 - 62 Claremont Street Unit 6, Downtown Toronto
Condo for Sale in Downtown Toronto
80 days on market- MLS Number
- C12932300
- Property Type
- Condo
- Status
- active
- Days on Site
- 80
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- North South
- Balcony
- Terrace
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Quietly tucked away just off vibrant Queen Street and steps to Trinity Bellwood's Park, this exceptional urban townhome offers the holy grail of oversized indoor and outdoor living space with incredible light and panoramic city views, in a highly coveted location! With an attached private garage and a near perfect walk score, this multi-level residence has the "wow" factor! Set within an exclusive collection of just eight luxury residences on a quiet, tree-lined street, this sophisticated historic loft conversion blends character with modern versatility. Soaring ceilings and expansive proportions create a striking, open atmosphere fit for both everyday living and inspired entertaining. Expansive living and dining areas flow seamlessly into a large, open kitchen, perfect for hosting. Skylights and oversized north- and south-facing windows bring in natural light throughout the day. Whether you're envisioning a grand home office, creative studio, library or private gym, this home has the perfect ground floor space to create your dream! The generous proportions of this home easily accommodate oversized furnishings like pool tables, hot tubs, ping pong tables, large home theatre screens. Step outside to your private 700 square foot rooftop terrace, complete with sweeping city views and ample space for an outdoor kitchen, lounge area, or even a hot tub-your own urban retreat above it all. This private setting feels worlds away from the city's energy-yet remains steps from it all. This inspiring space and unbeatable location is a must see! Note Library and Gym are AI generated.
Estimate your monthly payments for this property
Estimated Payment
$8,846.67/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.
62 Claremont Street Unit 6, Downtown Toronto / Waterfront
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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 $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.
Negotiation Opportunity
At 80 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $8,333 (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.