$1,230,000 - 7 Grenville Street Unit 6113, Downtown Toronto
Condo for Sale in Downtown Toronto
39 days on market- MLS Number
- C13101620
- Property Type
- Condo
- Status
- active
- Days on Site
- 39
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- PRIME ONE REALTY INC.
Leased to AAA+ Tenant! Great Turnkey Investment with Immediate Cash Flow and Zero Vacancy. Contact LA for more Details. Elevate Your Lifestyle by Living in a Penthouse Offering Breathtaking Unobstructed Views of The City, Lake, & CN Tower From an Extended Wrap-Around Private Balcony. A True Landmark Designed by World-Renowned Burdifilek, Totalling 1,244 Sq Ft of Living Space Including 219 Sq Ft of Balcony, Features Convenient High Speed Elevators, Soaring 10 Ft Ceilings, Floor to Ceiling Windows, Premium Finishes and Upgraded Wide-Plank Wood Flooring. The Gourmet Kitchen Boasts Contemporary Panel Doors, Sleek Quartz Island, and Integrated Appliances. Spacious Living Area Anchored by Fireplace, & Step out to the Oversized Balcony for Morning Coffee or Sunset Cocktails. Enjoy Your Meal in the Dining Area Framed by Glass Windows with an Iconic Backdrop. The Primary Bedroom with A Spa Like 5 Piece Ensuite Offers a Deep Soaker Tub, Double Sinks, and a Separate Shower Stall with Frameless Glass Door and Elegant Tiling. Bright and Spacious Second Bedroom with Mirror Closet. Enjoy Resort Style Amenities Over 3 Floors. The Famous "Aqua 66" Infinity Pool, Sky Lounge with Panoramic Vistas, State of the Art Fitness Centre, Yoga/Aerobics Room, Game Room, Bar, and Dining/Party Room with Catering Kitchen, Visitor Parking, Car Sharing and 24Hr Concierge. A Walker's, Rider's and Biker's Paradise (Walk Score: 100) Just Steps To The Subway, U Of T, TMU, OCAT, Financial District, Hospitals, and The Eaton Centre, Restaurants, Theatre & Much More.....
Estimate your monthly payments for this property
Estimated Payment
$5,440.70/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.
7 Grenville Street Unit 6113, 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
Premium Pricing
At $1230/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 39 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.
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 $5,125 (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.