Searching for a studio for sale? Studios are a smart choice for first-time buyers, students, or investors looking for low-maintenance living in high-demand urban areas at a lower entry price.
730 111 Elizabeth Street
Toronto
M5G 1P7
$399,000
Residential Condo & Other
beds: 0
baths: 1.0
- Status:
- Active
- Prop. Type:
- Residential Condo & Other
- MLS® Num:
- C12242081
- Bathrooms:
- 1
- Photos (12)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
- Property Type:
- Residential Condo & Other
- Property Sub Type:
- Condo Apartment
- Home Style:
- Bachelor/Studio
- Total Approx Floor Area:
- 0-499
- Exposure:
- North
- Bedrooms:
- 0
- Bathrooms:
- 1.0
- Kitchens:
- 1
- Bedrooms Above Grade:
- 0
- Kitchens Above Grade:
- 1
- Rooms Above Grade:
- 3
- Heating type:
- Heat Pump
- Heating Fuel:
- Gas
- Storey:
- 6
- Balcony:
- Open
- Basement:
- None
- Fireplace/Stove:
- No
- Garage:
- Underground
- Garage Spaces:
- 0.0
- Parking Features:
- Underground
- Parking Type:
- None
- Parking Spaces:
- 0
- Total Parking Spaces:
- 0.0
- Locker:
- None
- Family Room:
- No
- Possession Details:
- 30/60 Days - TBA
- HST Applicable To Sale Price:
- Included In
- Maintenance Fee:
- $321.24
- Maintenance fees include:
- Heat Included, Water Included, CAC Included, Building Insurance Included, Common Elements Included
- Taxes:
- $2,209.47 / 2025
- Assessment:
- $- / -
- Toronto C01
- Bay Street Corridor
- Toronto
- Hospital, Public Transit
- Carpet Free
- Restricted
- Fridge(2025), Stove, B/I Dishwasher, Washer/Dryer Combo(2022), B/I Microwave, All Elfs, all Window Blinds
- Concrete
- BBQs Allowed, Concierge, Guest Suites, Gym, Indoor Pool, Rooftop Deck/Garden
- Floor
- Type
- Size
- Other
- Flat
- Living Room
- 12'2" × 11'9¾"
- Open Concept, W/O To Balcony, Vinyl Floor
- Flat
- Dining Room
- 9'3" × 6'9"
- Open Concept, Vinyl Floor
- Flat
- Kitchen
- 10'10" × 6'3"
- Open Concept, B/I Appliances
- Special Designation:
- Unknown
- Air Conditioning:
- Central Air
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Laundry Access:
- In-Suite Laundry
- Condo Corporation Number:
- 1888
- Property Management Company:
- Royal Grande Property Management
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- Listings on market:
- 336
- Avg list price:
- $749,450
- Min list price:
- $338,000
- Max list price:
- $7,388,000
- Avg days on market:
- 37
- Min days on market:
- 1
- Max days on market:
- 492
- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
Why Buy a Studio Apartment
• Lower purchase price and monthly costs
• Ideal for singles, students, and urban professionals
• Easier to maintain and clean than larger units
• High rental demand in downtown and university districts
• Excellent option for entry-level investors
Studios for Sale – Features That Maximize Space
Studios offer compact but functional layouts that make the most of every square foot. Expect:
• Open-concept designs with combined living, sleeping, and dining areas
• Space-saving kitchens with modern appliances
• Private bathrooms and in-suite laundry in many units
• Buildings with amenities like gyms, lounges, and rooftop patios
Start Your Studio Search Today
Explore the latest listings for studios for sale and get expert help from our team to book showings, navigate financing, and compare neighbourhoods. Whether you’re buying your first home or growing your portfolio, we’re here to guide you.
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Each link provides updated listings and expert insights.
FAQs – Studio for Sale
1. What is the average price of a studio apartment?
In most major cities, studios range from $400,000 to $600,000, depending on location and amenities.
2. Are studios good for investment?
Yes. Studios are in high demand for rentals due to affordability and location—especially near transit, schools, and business hubs.
3. Who should buy a studio apartment?
Studios are ideal for first-time buyers, students, young professionals, or investors looking for a lower-cost entry into the real estate market.
4. Do studio apartments include laundry and parking?
Some do. Many newer buildings offer in-suite laundry and underground parking, though this varies by unit and development.