$600,000
Toronto
#409 77 Maitland Place, Toronto (Cabbagetown-South St. James Town), Ontario, M4Y2V6
This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. Its $600,000 asking price sits right in line with the $598,000 median in Toronto. It has been on the market 50 days, fresher than the Toronto average of 57 days.
This is an opportunity to acquire over 900 Square feet of move in ready living space with a ton of upside potential to renovate later to build equity quickly. Welcome to Celebrity Place Condominiums, a hidden downtown gem at 77 Maitland Place; set within gated, park-like setting in the heart of Toronto. This unit was owned by the same resident since 1995, they are rarely offered for sale. Why pay for someone else's renovation you likely will want to redo one day anyway. This largest model in the building for 2 full bedrooms, 2 full baths at over 900 Sq. Ft., plus, an additional 150 Sq. Ft. balcony. The generous principal rooms and layout provides exceptional fundamentals for end users and investors alike. The master bedroom is huge, large ensuite laundry closet with existing rough-in for attachments. Large rectangular balcony accommodates full outdoor furniture settings, adding meaningful living space to the unit. The kitchen remains original and very functional; an ideal value-add opportunity to be had. Meticulously maintained, the suite is ready to enjoy now, and renovate over time. Celebrity Place is known for its mature, stable ownership, supporting long-term value and demand. Steps to hospitals, both universities, premier shopping, dining, and live theatre district. Quick access to the DVP, Gardiner expressway, and both subway lines (approx. 10-minute walk). Positioned on the 4th floor level connecting the north and south towers-this unit offers seamless access to the many amenities without changing elevators. Amenities include 5 star 24-hour concierge, visitor parking, common EV charging stations, carwash bay, party & video rooms, full gym, squash courts, library, and a private in-house convenience store. Buy, renovate, and capitalize-or move in, enjoy and upgrade over time. This is downtown condo investing done right. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 50 days on market, against an average age of 57 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 2-bed single family in Toronto (Cabbagetown-South St. James Town) has been listed for 50 days, which is 7 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $600,000, about 9.6× the local median household income of $62,400.
Carrying it typically needs a household income of about $117,201 (20% down, 25-yr amortization, stress-tested) — roughly 88% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4Y)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.