38 Niagara Street, Toronto, ON

$639,000
MLS#:C12387765
2 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $639,000 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 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Storage Area Lockers, Ventilation System
  • equipped with central air central cooling and highly efficient heat pump heating via gas

Description

Stop scrolling - this condo packs a serious punch. A boutique loft building where most owners actually live (read: quiet, private, neighbours you recognize), you'll feel right at home in this oversized 686 sq ft suite. White oak engineered hardwood throughout, completely overhauled kitchen and stunning renovated bathroom make this unit unlike the others. The den boasts custom built-in desk and storage that will have you even more excited to be working from home, even if your office is now just a short walk away. The spacious bedroom easily fits the king-sized bed you deserve AND a full wall of closets. Outside, your balcony (with gas line!) overlooks the treetops and lake to the southwest, with sun pouring in all afternoon. If you need even more outdoor space, just step out the back door into Victoria Memorial Square Park or stroll a few extra blocks to Stanley Park or Fort York. This location is truly unbeatable: FarmBoy on the next block, The Well and Stackt Market just steps away, plus shops and conveniences right in the building (Booster Juice anyone?!). Walking distance to King West, Queen West, Trinity Bellwoods, Ossington, and Kensington Market all without being trapped in the thick of downtown chaos. Transit access is already great and with the future King/Bathurst subway stop, it only gets better. Parking and locker are included, with convenient visitor parking and bike storage too. Don't sleep on this one!

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateSeptember 16, 2025
Sold price information is available to members only
Listed Date9/8/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$3,265.2

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Hospital, Library, Public Transit, Arts Centre

Interior Features

Storage Area Lockers, Ventilation System

Security Features

Security System

Community Features

Location

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38 Niagara Street, 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 Niagara Street 807, Toronto C01, ON M5V 3X1

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.

Market Trend
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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 Rate5.25%
Down Payment$38,900 (6.1%)
* Minimum Canadian down payment required for this price is $38,900.
Amortization Period25 Years
Estimated Monthly Payment$3,576Based on a loan of $600,100 over 25 years.
Purchase Price$639,000
Loan Amount$600,100
Provincial Land Transfer Tax:$9,255
Toronto Municipal Land Transfer Tax:$9,255
Total Estimated Closing Taxes:$18,510

About Purchasing a Home in Toronto, ON

For a property listed at $639,000 in Toronto, the legal minimum down payment is $38,900 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 $9,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,255 also applies, bringing the total estimated land transfer taxes to $18,510.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterfront Communities C1, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$791,624

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%

Local Schools Guide

Elementary Schools

Ogden
Public33 Phoebe Street, Toronto, Ontario, M5T 1A8
6.8
Jean Lumb
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
7.3
Bishop Macdonell
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
8.7
Ryerson
Public96 Denison Avenue, Toronto, Ontario, M5T 1E4
4.1
St Edward
PublicEdward Street, Toronto, Ontario, M5G 1E2
9.0

Secondary Schools

St. Mary’s
Catholic9 Portugal Square, Toronto, Ontario, M6J 2H2
4.9

Homes & Housing

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.