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New5 days ago

1206 - 33 University Avenue

University, Toronto

$1,180,000

Condo Apartment |
2 + 2 | 2 | 1 | 1
About this home

Some homes are defined by their location. Others by their space. This exceptional residence offers both.Offering 1,800 sq. ft. of thoughtfully updated living space, this rare downtown home delivers the scale and comfort typically associated with a house-without compromising the convenience of condominium living. Meticulously maintained and showcasing true pride of ownership, the home is anchored by a stunning renovated kitchen, complemented by updated bathrooms, rich hardwood flooring, and an updated heat pump and air conditioning system.Designed for both everyday living and effortless entertaining, the expansive layout features two generous bedrooms, a versatile den, and a bright enclosed solarium. Large windows fill the space with natural light, creating an inviting atmosphere that feels warm, airy and comfortable.Complete with underground parking and a private locker, this move-in-ready residence offers a combination of size, quality and functionality that is becoming increasingly rare in Toronto's downtown core.Perfectly positioned between Toronto's Financial and Entertainment Districts, this exceptional location puts the best of downtown living within easy reach. Walk to St. Lawrence Market, neighbourhood cafés, acclaimed restaurants, grocery stores, Union Station, the PATH, the waterfront, and scenic walking and cycling trails. For trips beyond the core, convenient access to the Gardiner Expressway makes getting in and out of the city easy.Residents also enjoy exceptional peace of mind with attentive concierge and security staff, responsive property management, and the confidence of a well-managed condominium corporation supported by an engaged Board of Directors.More than a condominium, this is a rare opportunity to enjoy the spaciousness of a house, the simplicity of turnkey living, and the energy of one of Toronto's most sought-after downtown neighbourhoods. Some photos virtually staged.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1800-1999 sq. ft.
Maintenance Fees$1,732
LockerOwned
BalconyNone
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$5,939
mls© NumberC13622262
Listed BySTRATA REAL ESTATE
Heat Included
Water Included
Hydro Included
CAC Included
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,040
Property tax
$495
Heat allowance
$150
Condo fees, half counted
$866
Housing costs
$7,551 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $236,000
25-yr amortization

Income needed

$232,000

gross annual household income

Payment at 4%
$4,966 / mo
Cash down
$236,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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