$689,000 - 88 Carr Street Unit 32, Downtown Toronto
Condo for Sale in Downtown Toronto
36 days on market- MLS Number
- C13122682
- Property Type
- Condo
- Status
- active
- Days on Site
- 36
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 900 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- REAL ESTATE HOMEWARD
Live smack dab between the vibrancy of West Queen West and dynamic Queen West! The Gardens at Queen offers a beautifully serene collection of stacked townhomes just steps away from the bustle. Enjoy plenty of green space from the lovely tree-lined courtyard walkway up to townhouse 32 at 88 Carr Street, with neighbouring Alexandra Park right within sight. It's ideally situated within the townhouse community, away from busier Bathurst street and placed more picturesquely by the park. Enter up to the u-shaped kitchen, living, and dining room, all open-concept with 9 foot ceiling heights, and graced by westward light all throughout the space. The level above offers a full 4-piece bathroom with updated finishes, a double door linen closet, the primary bedroom with a double sliding door closet, and a second bedroom with westward leafy views of the area trees. The top level laundry and utility room provides some additional in-suite storage for convenience, right beside a stacked laundry and dryer unit. Walk-out from there to a private rooftop deck (123 sq.ft. as per iGuide) with ample space for outdoor living, lounging, cooking, gardening, and more. It's a whole other room you can use through the seasons! And very fortunately, there are hook-ups for water, electrical, and gas BBQ on the rooftop, to help with any or all of these pursuits. Dedicated double bike parking racks installed in a private underground parking spot, right near the secure owned locker unit with oversized 176cm deep X 119cm wide X 218cm tall proportions, all with the presence of 24-hour security on site. You're so close to Kensington Market, Trinity Bellwoods, The Entertainment District, and super quick access to the downtown core along either the Dundas or Queen streetcar routes, Richmond or Adelaide bike path networks, or darting in any direction desired by car. True urban living surrounded by the coolest shops, restaurants, and spaces for living a full and fun life!
Estimate your monthly payments for this property
Estimated Payment
$3,534.93/mo
Includes CMHC insurance ($19,223)
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.
88 Carr Street Unit 32, Downtown Toronto / Waterfront
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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
Competitive Pricing
At $766/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 36 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 900 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.
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 $2,871 (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.