1602-20 Minowan Miikan Lane, Toronto, ON
Little Portugal, Toronto · MLS® C13449702
About this home
Experience elevated urban living at Carnaby Lofts in this stunning 2-bedroom, 1-bathroom loft-style residence offering breathtaking panoramic views of the downtown Toronto skyline. Designed with modern industrial flair, this bright and airy suite features exposed concrete ceilings, floor-to-ceiling windows that flood the space with natural light, and an open-concept layout that seamlessly connects the living, dining, and eat-in kitchen areas. The contemporary kitchen is equipped with built-in appliances and overlooks the principal living space, creating the perfect setting for both everyday living and entertaining. Freshly painted and enhanced with new laminate flooring throughout, this move-in-ready unit offers a stylish interior with generous bedrooms, double closets, and walkout access to a private balcony where you can enjoy spectacular city views. Residents enjoy an exceptional collection of amenities including a rooftop patio with shared BBQs, games room, party and meeting spaces, fully equipped fitness centre, yoga studio, guest suites, concierge service, and underground parking. Perfectly located in the heart of Toronto's vibrant Queen Street West, you're steps away from top restaurants, boutiques, music venues, art galleries, and murals. With easy access to public transit, including the 501 Queen St streetcar, 29 Dufferin bus at your doorstep and just a 10-minute drive to the Gardiner Expressway and Exhibition GO station, this home offers unbeatable convenience and lifestyle. Catch up with friends at The Drake Hotel, buy your groceries at Metro or FreshCo - all within a 5 minute walk!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13449702
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 700-799
- Cross streets
- Dufferin St. & Queen St. E.
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $560/mo
- Exposure
- North East
- Property tax
- $3,000 / 2026
- Days on market
- 35
- Listing brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Rooms
window floor to ceiling · double closet · laminate
open concept · window floor to ceiling · w/o to balcony
combined w/kitchen · open concept · laminate
window floor to ceiling · double closet · laminate
eat-in kitchen · b/i appliances · open concept
4 pc bath · tile floor · b/i vanity
Listed at $730,000, this home is about 17% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($974/sqft) is in line with the area, so you are paying for extra space rather than a premium.
In Little Portugal lately, sellers have been getting about 97% of asking and homes sell in about 33 days.
Based on 100 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 100 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $590K, a close match.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, sold for $575K
- Bathrooms −$15K
- Adjusts to $560K
That comparable adjusts to $560K; the $625K estimate above is the median of all 100 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
Its public catchment (Alexander Muir/Gladstone Ave Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, this is a very walkable address with everyday errands close by. Queen Street West is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $625K, median of 100 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Open-concept layout: modern, sought-after flow.
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 4% above the area average of $937/sqft.
34 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Little Portugal, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Walker's ParadiseA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Queen Street West, about 134 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.
Mortgage amount $584,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,116
- Property tax
- $250
- Condo / maintenance fees
- $560
- Heating
- $0
- Estimated monthly cost
- $3,926
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,075
- Toronto municipal land transfer tax
- $11,075
- Estimated closing costs
- $22,150
Plus your down payment of $146,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $186,986
- Principal paid down
- $74,373
- Interest paid
- $112,614
- Balance remaining
- $509,627
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.