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806 - 21 LAWREN HARRIS SQUARE, Toronto (Waterfront Communities) — listed at $389,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Attention Investors! Tenant-Occupied Downtown Loft Offering Immediate Rental Income from Day One! **Modern Boutique Loft in a Vibrant Downtown Location!** An exceptional opportunity for **investors seeking a stylish, income-generating property in Toronto's dynamic downtown core!** This contemporary boutique loft showcases soaring 9-ft exposed concrete ceilings, floor-to-ceiling windows, and engineered hardwood flooring throughout, offering the modern industrial-chic design that appeals to today's urban renters. The sleek kitchen with a centre island flows seamlessly into the open-concept living and dining area, complemented by a private walk-out balcony. Situated in the sought-after King St. East corridor, with easy access to the Distillery District, Cherry Beach, George Brown College, the YMCA, trendy restaurants, cafés, and everyday conveniences. Residents enjoy desirable amenities, including a fully equipped fitness centre, yoga studio, and rooftop terrace with BBQS. (id:60164)
How is the home heated? Is it efficient?+
Heating is forced air, electric. Electric heating can mean higher winter bills — ask for past utility statements.
Could this work as an investment property?+
The basement description mentions: Apartment in basement, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Toronto (Waterfront Communities) before counting on it.
Is this a good starter home?+
At $389,000, this is priced in starter-home territory for Toronto (Waterfront Communities). Factor in condo fees when calculating your true monthly cost.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,232.09, a condo/maintenance fee of $450.09/mo, heating is forced air, electric. Always verify the latest figures with your agent before making an offer — these change yearly.
Who is 806 - 21 LAWREN HARRIS SQUARE best suited for?+
With 1 bedroom and 1 bathroom, this is ideal for a couple, a small family, or as a low-maintenance investment property.
What do the condo/maintenance fees cover?+
The $450.09/mo fee covers: Common Area Maintenance, Heat, Water, Insurance.
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