68 Abell Street Unit 647, Toronto C01

Price: $388,000

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C13285054

Discover this one-of-a-kind, freshly painted condominium situated in the city's most sought-after urban neighbourhood. Located in the vibrant heart of the Queen Street West village, this property is surrounded by a dynamic blend of evolving galleries, cafes, boutiques, restaurants, and creative spaces that define its rich cultural fabric and distinct local character. Designed for modern urban living, the residence features a highly functional open-concept layout that seamlessly integrates living dining culinary and work-from-home spaces. Floor-to-ceiling windows and an expansive balcony invite an abundance of natural light throughout the day, showcasing beautiful, unobstructed eastern views of the local city park. While offering a clever, space-efficient footprint, this exceptional property includes premium conveniences: an invaluable underground parking space and a dedicated storage locker. This rare offering provides a unique opportunity to embrace a lifestyle rooted in design, culture, exceptional walkability, and vibrant city living.

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$388,000 - 68 Abell Street Unit 647, Downtown Toronto

Condo for Sale in Downtown Toronto

Popular Listing
1Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C13285054
Property Type
Condo
Status
active
Days on Site
13
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Discover this one-of-a-kind, freshly painted condominium situated in the city's most sought-after urban neighbourhood. Located in the vibrant heart of the Queen Street West village, this property is surrounded by a dynamic blend of evolving galleries, cafes, boutiques, restaurants, and creative spaces that define its rich cultural fabric and distinct local character. Designed for modern urban living, the residence features a highly functional open-concept layout that seamlessly integrates living dining culinary and work-from-home spaces. Floor-to-ceiling windows and an expansive balcony invite an abundance of natural light throughout the day, showcasing beautiful, unobstructed eastern views of the local city park. While offering a clever, space-efficient footprint, this exceptional property includes premium conveniences: an invaluable underground parking space and a dedicated storage locker. This rare offering provides a unique opportunity to embrace a lifestyle rooted in design, culture, exceptional walkability, and vibrant city living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,990.64/mo

Includes CMHC insurance ($10,825)

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$
5%10%50%

5-yr fixed avg.

Principal: $349,200Interest: $237,167
Mortgage Amount$360,025
Total Interest$237,167
Est. Property Tax$275/mo
Total Cost$597,192

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

68 Abell Street Unit 647, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$975
Property Tax (est.)-$275
Insurance (est.)-$81
Net Cash Flow+$1,029

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

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 0 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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    68 Abell Street Unit 647 | $388,000 | Battaglia Team