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MLS® listing

394 Euclid Avenue 205: condo apartment for sale

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$829,000

2 bedrooms, 1 bathroom, Condo Apartment · Palmerston-Little Italy · near College/Euclid

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From the listing brokerage

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.

Facts on the listing

Square feet900-999
Approximate age16-30
StyleLoft
BasementNone
Parking spaces0
GarageNone
HeatingForced Air
CoolingCentral Air
Kitchens1
Maintenance fee$701
Property tax$4,205
Tax year2026
LockerNone
PetsYes-with Restrictions
ExposureEast
Fee includesCommon Elements Included, Water Included, Building Insurance Included
Building amenitiesBike Storage
BalconyTerrace
LaundryIn-Suite Laundry
Interior featuresStorage
FeaturesPublic Transit, Terraced
Floor2

Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS® C13812818.

About this condo apartment

394 Euclid Avenue 205 is a 2 bedroom condo apartment in TRREB's Palmerston-Little Italy community in Toronto, listed for sale at $829,000. The listing shows 1 bathroom and 900-999 square feet. The style is given as loft. The unit faces east. The listing shows no parking space. The nearest main intersection given is College/Euclid. The age is listed as 16-30 years.

These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.

Building amenities on the listing: bike storage.

What it costs to buy 394 Euclid Avenue 205

At the asking price of $829,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.

Asking price$829,000
Ontario land transfer tax$13,055
Toronto municipal land transfer tax$13,055
Both taxes$26,110
First-time buyer relief, if you qualifyup to $8,475
Minimum down payment$57,900

The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.

What it costs to own each month

Maintenance fee$701 a month
Property tax (2026)$4,205 a year, about $350 a month
Fee and tax togetherabout $1,051 a month

The listing says the maintenance fee includes common elements, water and building insurance. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.

How the asking price compares

TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $829,000, which is $279,000 above that median.

The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.

What to check before you make an offer

  1. Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
  2. Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
  3. Confirm the parking and locker. Ask whether a space or a locker comes with the unit and whether one can be rented in the building.
  4. Check the reserve fund study. Ask when the last study was done and what it says about contributions.
  5. Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
  6. See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.

Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.

Toronto neighbourhoods and prices

Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.

Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale

Similar homes for sale in Toronto

Questions about 394 Euclid Avenue 205

How much is land transfer tax on 394 Euclid Avenue 205?

At the asking price of $829,000 the Ontario tax is $13,055 and the Toronto tax is $13,055, $26,110 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.

What is the minimum down payment for 394 Euclid Avenue 205?

$57,900 at the asking price of $829,000, under the federal minimum down payment rules. A lender may require more.

What is the maintenance fee at 394 Euclid Avenue 205?

The listing shows $701 a month, including common elements, water and building insurance. Check the current fee in the status certificate.

How much is the property tax on 394 Euclid Avenue 205?

The listing shows $4,205 a year for 2026, about $350 a month.

Is 394 Euclid Avenue 205 priced above or below the median?

It is listed at $829,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $279,000 higher. The median covers all sizes and neighbourhoods.

How do I book a showing for 394 Euclid Avenue 205?

Use the form on this page or call us. Quote MLS® C13812818. We will confirm the listing is still available and arrange a time with the listing brokerage.

Is 394 Euclid Avenue 205 still for sale?

This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.

Ask about this home or book a showing

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