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$499,000Asking Price

#720 - 89 McCaul Street, Toronto, ON M5T 2X3 #34

Chinatown, Toronto

Other
2
Bedrooms
1
Bath
0
Parking
Days on Market

INVESTORS & CONTRACTORS PRIME OPPORTUNITY! Functional 2-Bedroom, 1-Bath Condo Suite Ideally Located Across From OCAD University And Butterfield Park. This Spacious Unit Features Two Generously Sized Bedrooms And A Private Balcony With Desirable East/South-Facing Views. The Kitchen Seamlessly Overlooks The Open-Concept Living And Dining Areas And Includes A Separate Pantry Room Easily Convertible To An In-Suite Laundry. Enjoy Low Maintenance Fees That Cover All Utilities Including Internet. Unbeatable Location Just Steps To St. Patrick Subway Station, The Art Gallery Of Ontario (AGO), Vibrant Queen West, The Entertainment District, Major Hospitals On University Avenue, And An Array Of Shops, Boutiques, And Restaurants. Rental Potential: Comparable Units Are Currently Leasing For $2,900/Month (As Of May 2025).Don't Miss Out On This Excellent Investment Or Renovation Opportunity In The Heart Of Downtown Toronto!

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INVESTORS & CONTRACTORS PRIME OPPORTUNITY! Functional 2-Bedroom, 1-Bath Condo Suite Ideally Located Across From OCAD University And Butterfield Park. This Spacious Unit Features Two Generously Sized Bedrooms And A Private Balcony With Desirable East/South-Facing Views. The Kitchen Seamlessly Overlooks The Open-Concept Living And Dining Areas And Includes A Separate Pantry Room Easily Convertible To An In-Suite Laundry. Enjoy Low Maintenance Fees That Cover All Utilities Including Internet. Unbeatable Location Just Steps To St. Patrick Subway Station, The Art Gallery Of Ontario (AGO), Vibrant Queen West, The Entertainment District, Major Hospitals On University Avenue, And An Array Of Shops, Boutiques, And Restaurants. Rental Potential: Comparable Units Are Currently Leasing For $2,900/Month (As Of May 2025).Don't Miss Out On This Excellent Investment Or Renovation Opportunity In The Heart Of Downtown Toronto!

Key Info

  • Apartment Other
  • No Parking
  • Dundas/University/Queen
  • 700-799 Approximate Sq Feet
  • 31-50 Years Approximate Age
  • South-West Exposure
  • Ensuite Laundry
  • No Locker
  • Forced Air Gas Heating
  • Central Air

Property

  • $955 Monthly Condo Fees
  • Includes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance.
  • Excludes: Parking
  • Amenities: Gym, Pool
  • Taxes were $2,553 in 2024
  • Possession: Immediately/30 Days

Details

  • Brick Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • MLS #C12147663
  • BOSLEY REAL ESTATE LTD.

Extras

Room Floor Dimensions Details
1 Kitchen Flat 8.99' x 7.87' Overlooks Dining, Separate Room, Pantry
2 Pantry Flat 6.82' x 4.66' Separate Room
Washroom1 3-Piece Bathroom in Flat

Who lives here?

Chinatown, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, business, science, health, education, law & public sector and arts & culture professionals and salespeople. It has a higher than average population of immigrants from China, and Cantonese and Mandarin speakers. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 39.

Families

Kids Per Family

0.7

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

67% of residents are
single and loving it.

67% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

71% of residents
are renters.

71% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

64% of residents are
university grads.

64% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$92K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 15%
Business 12%
Government 9%
Culture 8%
Sciences 8%

Immigrants

41% of residents were
born outside of Canada.

41% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

China was once home to 13.2% of immigrants.
Philippines 3.0%
Hong Kong 2.7%
Vietnam 2.0%
India 1.5%

13.2% from China
All-time

Birthplace - Recent

China was once home to 2.5% of immigrants.
Hong Kong 0.9%
India 0.6%
UK 0.5%
Poland 0.4%

2.5% from China
Recent

Foreign Languages

Foreign Languages

Cantonese 11%
Mandarin 9%
French 2%
Arabic 2%
Chinese 2%

Religions

Religions

Christian 31%
Muslim 7%
Jewish 5%
Buddhist 3%
Hindu 2%

Social Housing

Social Housing Buildings

15

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

2

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)