70 Distillery Lane, Toronto, ON

$574,900
MLS#:C12186551
1 beds
1 baths
500-599 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This listing is no longer active (Sold)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 C8. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $574,900 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 500-599 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Built-In Oven, Countertop Range, Carpet Free
  • equipped with central air central cooling and highly efficient fan coil heating via gas

Description

Welcome to Suite 3005 at Clear Spirit, right in the heart of the Distillery District! You'll fall in love with this upgraded unit, located in a charming neighbourhood with historical architecture and cobblestone streets. Once the home of the Gooderham and Worts Distillery, this is now one of the city's best pedestrian-only cultural hubs. Take a gastronomic tour of world cuisine at Cluny Bistro & Boulangerie, El Catrin Destileria, Madrina Bar Y Tapas, Boku or Eataly. Stop in at Balzac's Coffee for an afternoon pick-me-up, or indulge your sweet tooth at Soma Chocolate. With so many restaurants, cafés, shops and year round festivals to enjoy, every day will be a new adventure. It's no surprise the Walk Score is 95 (Walker's Paradise), and with Bike and Transit Scores of 86 (the streetcar is just steps away!) it couldn't be easier to get around. This suite comes with a well-located parking space on P2, just inside the entrance to the residents' parking garage, and easy access to the Gardiner and DVP is just minutes away. This building features Visitor Parking & Bicycle Storage, a 24 Hour Concierge, Gym and Yoga Room, Sauna, Party Room, Games Room w/billiards and table tennis, an Outdoor Rooftop Pool w/Jacuzzi, and a BBQ Terrace for dining al fresco. If gourmet home cooking is more your thing, you'll appreciate the sophisticated look and custom-fit of the premium European kitchen appliances. This well-laid-out suite has a place for everything, with a double closet in the primary bedroom, deep foyer closet, and a large private storage locker, conveniently located on the P2 level, near the private elevators. Finish your day with a cocktail on the large balcony or watch the morning sunrise on the lake. Freshly painted and professionally cleaned, your new home is waiting for you!

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 26, 2025
Sold price information is available to members only
Listed Date5/31/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$2,933.4

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeFan Coil
CoolingCentral Air

Features

Property Features

Rec./Commun.Centre, Public Transit, Arts Centre, Clear View, Park

Interior Features

Built-In Oven, Countertop Range, Carpet Free

Security Features

Concierge/Security

Community Features

Location

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70 Distillery Lane, 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 70 Distillery Lane 3005, Toronto C08, ON M5A 0E3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$32,490 (5.7%)
* Minimum Canadian down payment required for this price is $32,490.
Amortization Period25 Years
Estimated Monthly Payment$3,232Based on a loan of $542,410 over 25 years.
Purchase Price$574,900
Loan Amount$542,410
Provincial Land Transfer Tax:$7,973
Toronto Municipal Land Transfer Tax:$7,973
Total Estimated Closing Taxes:$15,946

About Purchasing a Home in Toronto, ON

For a property listed at $574,900 in Toronto, the legal minimum down payment is $32,490 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 $7,973 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,973 also applies, bringing the total estimated land transfer taxes to $15,946.

Nearby Listings

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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 C8, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$773,858

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

Market Lane
Public246 The Esplanade, Toronto, Ontario, M5A 4J6
5.1
Downtown Alternative
Public85 Lower Jarvis Street, Toronto, Ontario, M5E 1R8
8.0
Brown
Public3 Lower Jarvis Street, Toronto, Ontario, M5E 1Z2
7.0
Gabrielle-Roy
Public14 Pembroke Street, Toronto, Ontario, M5A 2N7
8.9
Nelson Mandela Park
Public440 Shuter Street, Toronto, Ontario, M5A 1X6
1.6

Secondary Schools

Collège Français
Public100 Carlton Street, Toronto, Ontario, M5B 1M3
9.0
Jarvis
Public495 Jarvis Street, Toronto, Ontario, M4Y 2G8
4.1

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.