38 Elm Street, Unit 11, Toronto, ON

$688,880
MLS#:C13580798
2 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
38 Elm Street 411, Toronto, ON M5G 2K5

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $688,880 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient baseboard heating via electric

Description

Famous Minto Plaza Condo Building. Bright and spacious 2-bedroom suite has been completely renovated from top to bottom, turn-key condition. Perfect for first-time buyers or savvy investors looking for a high-yield asset, the unit boasts a brand-new custom kitchen, brand-new flooring throughout, a fresh new paint, and six brand-new appliances. Features an ultra-functional over 1000 sf split-bedroom floor plan with large room sizes and ample storage closets. Situated in the absolute heart of downtown with perfect walk and transit scores-walk to Dundas Subway Station, the Eaton Centre, major hospitals, TMU, U of T, and the Financial District. Top-tier, resort-style building amenities include a 24-hour concierge, full-size indoor pool, sauna, comprehensive gym, study lounges, and a rooftop terrace. A rare opportunity to own a fully renovated, large-footprint condo in a premier downtown pocket. A must-see!

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Property Summary

This condo apartment located at 38 Elm Street, Toronto is currently for sale and has been available on SousaSells for 19 days. This property is listed at $688,880 with an estimated mortgage of $2,293* per month. It has 2 beds, 2 bathrooms, and is 1000-1199 square feet. 38 Elm Street, Toronto is in the Bay Street Corridor neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Bay Street Corridor, Toronto.

Highly Recommended for Families
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1000-1199 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date7/18/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$4,097.45

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Carpet Free

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 38 Elm Street, Unit 11, Toronto, ON

Q.What is the asking price for 38 Elm Street, Unit 11, Toronto, ON ?

The current listing price for 38 Elm Street, Unit 11, Toronto, ON in Bay Street Corridor, Toronto is $688,880.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 2 bathrooms across approximately 1000-1199 sqft.

Q.What property type and architectural style is 38 Elm Street, Unit 11, Toronto, ON ?

38 Elm Street, Unit 11, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Central Air.

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Location

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38 Elm Street, Unit 11, Toronto, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 38 Elm Street 411, Toronto, ON M5G 2K5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate4.00%
Down Payment$206,664 (30.0%)
* Minimum Canadian down payment required for this price is $43,888.
Amortization Period30 Years
Estimated Monthly Payment$2,293Based on a loan of $482,216 over 30 years.
Purchase Price$688,880
Loan Amount$482,216
Provincial Land Transfer Tax:$10,253
Toronto Municipal Land Transfer Tax:$10,253
Total Estimated Closing Taxes:$20,505

About Purchasing a Home in Toronto, ON

For a property listed at $688,880 in Toronto, the legal minimum down payment is $43,888 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,253 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,253 also applies, bringing the total estimated land transfer taxes to $20,505.

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Bay Street Corridor, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Bay Street Corridor, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$922,093

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Bay Street Corridor, Toronto

Elementary Schools

Queen Victoria
PublicQueen's Park Crescent East, Toronto, Ontario, M7A 1A2
4.9
Whitney
PublicQueen's Park Crescent West, Toronto, Ontario, M5S 3M2
9.7
St Joseph
Public74 Wellesley Street West, Toronto, Ontario, M5S 1C4
4.9
Orde Street
Public18 Orde Street, Toronto, Ontario, M5T 1N7
6.2
Kane
Public56, Toronto, Ontario, M4Y 2T6
4.9

Secondary Schools

St. Joseph’s
Catholic74 Wellesley Street West, Toronto, Ontario, M5S 1C4
7.2
Collège Français
Public100 Carlton Street, Toronto, Ontario, M5B 1M3
9.0
Jarvis
Public495 Jarvis Street, Toronto, Ontario, M4Y 2G8
4.1

Bay Street Corridor, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.