70 Temperance Street Unit 2202, Toronto C01

Price: $488,000

2 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: C13237978

Luxurious INDX condo in the heart of the Financial District! An absolutely amazing location with an unobstructed City Hall view! Features include 9 ft smooth ceilings, an oversized balcony, engineered wood floors, and a stunning custom kitchen with built-in, integrated appliances, including a wine fridge. Incredible building amenities include an outdoor terrace lounge, a fitness center, and a movie theatre. Just steps away from Eaton Centre, restaurants, subway stations, and City Hall.

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$488,000 - 70 Temperance Street Unit 2202, Downtown Toronto

Condo for Sale in Downtown Toronto

Popular Listing
2Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
C13237978
Property Type
Condo
Status
active
Days on Site
13
Bedrooms
2
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
Description

Luxurious INDX condo in the heart of the Financial District! An absolutely amazing location with an unobstructed City Hall view! Features include 9 ft smooth ceilings, an oversized balcony, engineered wood floors, and a stunning custom kitchen with built-in, integrated appliances, including a wine fridge. Incredible building amenities include an outdoor terrace lounge, a fitness center, and a movie theatre. Just steps away from Eaton Centre, restaurants, subway stations, and City Hall.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,503.69/mo

Includes CMHC insurance ($13,615)

$
$
5%10%50%

5-yr fixed avg.

Principal: $439,200Interest: $298,293
Mortgage Amount$452,815
Total Interest$298,293
Est. Property Tax$346/mo
Total Cost$751,108

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

70 Temperance Street Unit 2202, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$325
Property Tax (est.)-$346
Insurance (est.)-$102
Net Cash Flow+$1,427

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

Fair Market Value

At $976/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.

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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    70 Temperance Street Unit 2202 | $488,000 | Battaglia Team