If you're not a fan of glass-box-in-the-sky type condos or lofts, having an apartment in an old 18th century Toronto home is definitely an alternative way to go.
The living area.
This studio apartment is in a historic mansion in the Annex that has been divided up into several units. But despite being in a historic home, the entire space lacks character or any architectural significance you might expect.
The kitchen has a new fridge.
It looks like a lot of the student-type housing you'll find in this area: small with white walls and the bare minimum of what's needed in order to live.
The bathroom.
That's not to say it's bad, but for $499,900 it's a bit steep for what you're getting.
The apartment comes with the ceiling fan.
The home doesn't have any extras like you'd find with some of the other downtown condos that are listed for a similar price. There's no concierge, gym, or even a balcony with this unit.
Not to mention you need to pay $615 a month in maintenance fees.
The walk-in closet.
That being said, it's right next to the University of Toronto so if you didn't want to live there yourself you could definitely rent it out to a student.
The apartment is steps from St. George station, University of Toronto, Bloor Street shopping and restaurants and more.
The unit is pretty much an elevated dorm room with a kitchen, four-piece bathroom and a living room/bedroom.
The unit also has visitor parking.
I'm a fan of the bay window that you could turn into a plant shelf or reading nook with some cushions.
The unit has high ceilings and is bright.
The apartment also comes with a washer and dryer (score) and, according to the listing, you can get all the furniture that's currently in the unit for an extra fee (double score).
So if you're looking to become a landlord this might be an easy place to start. Otherwise there are definitely cooler studio apartments out there or at least ones with a kitchen counter. 
The outside common area.
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