205-394 Euclid Avenue, Toronto, ON
Palmerston-Little Italy, Toronto · MLS® C13812818
About this home
In short
- A piece of Toronto history, reimagined for modern living with vibes that are unmatched.
- Nearly 1,000 sq. ft. of striking, light-filled space awaits in this rarely offered 1+1 bedroom loft at "The Movie House Lofts", an iconic 18-unit boutique conversion...
- Inside, soaring 16-foot ceilings and oversized east-facing warehouse-style windows flood the home with natural light and give the open-concept living and dining space...
- Set directly across from Village Greenery and steps from the restaurants, cafés and energy of College Street, this is downtown living at its best, and even comes with...
A piece of Toronto history, reimagined for modern living with vibes that are unmatched. Nearly 1,000 sq. ft. of striking, light-filled space awaits in this rarely offered 1+1 bedroom loft at "The Movie House Lofts", an iconic 18-unit boutique conversion in the heart of Little Italy. Once a cherished Toronto movie theatre, this red-brick landmark was transformed into distinctive loft residences that blend heritage architecture with modern urban style. Inside, soaring 16-foot ceilings and oversized east-facing warehouse-style windows flood the home with natural light and give the open-concept living and dining space an incredible sense of scale. The updated kitchen boasts quality finishes - new stainless steel appliances, a gas range, and quartz countertops - that elevate the function and style of the space. Upstairs, the lofted bedroom overlooks the main living space, creating a distinct retreat while preserving the openness and architectural impact below. A third floor den adds valuable flexibility for a home office and opens up onto the oversized private rooftop terrace with sweeping CN Tower views, providing your own outdoor escape for summer dinners, morning coffee and entertaining above the city. Set directly across from Village Greenery and steps from the restaurants, cafés and energy of College Street, this is downtown living at its best, and even comes with on-site bike storage and large ensuite storage.16-foot ceilings, incredible natural light, an oversized rooftop terrace, authentic hard-loft character and one of Little Italy's most distinctive addresses.
Key facts
- Property type
- Condo Apartment, Loft
- MLS®
- C13812818
- Bedrooms
- 1+1 (2 total)
- Bathrooms
- 1
- Size
- 900-999 sq ft
- Cross streets
- College/Euclid
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $701/mo
- Exposure
- East
- Property tax
- $4,205 / 2026
- Days on market
- 27
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
Considering this property? Request a written price readIts public catchment (Clinton Street Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.
Per square foot, these ask about $778/sqft; this home lists at $873/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Palmerston-Little Italy, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $663,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,667
- Property tax
- $350
- Condo / maintenance fees
- $701
- Heating
- $0
- Estimated monthly cost
- $4,718
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,055
- Toronto municipal land transfer tax
- $13,055
- Estimated closing costs
- $26,110
Plus your down payment of $165,800. 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
- $220,017
- Principal paid down
- $81,031
- Interest paid
- $138,986
- Balance remaining
- $582,169
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 RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.