$395,000

For sale

#1012 18 Yonge Street, Toronto (Waterfront Communities) - Single Family for Sale

#1012 18 Yonge Street, Toronto (Waterfront Communities), Ontario, M5E1Z8

0 beds1 bath1 parking250 ft²$398/mo condo feeListed 17 days ago

Overview

This 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $395,000, it is attractively priced about 37% below the $629,900 median asking price in Toronto. It has been on the market 17 days, fresher than the Toronto average of 57 days.

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Description

Welcome to this beautifully renovated studio in the heart of downtown! Located at 18 Yonge St, this bright and stylish suite offers an open-concept layout with modern finishes, making it perfect for first-time buyers, investors, or urban professionals. The thoughtfully updated interior features contemporary flooring, a renovated kitchen and stainless steel appliances, an upgraded bathroom, and a functional living space designed for comfort and convenience. Large windows fill the unit with natural light, creating a warm and inviting atmosphere. A rare bonus in the downtown core, this unit includes 1 OWNED PARKING SPACE, providing exceptional value and convenience. Enjoy an unbeatable location just steps from Union Station, UP Express, the waterfront, Scotiabank Arena, the Financial District, shopping, restaurants, cafes, and everyday amenities. With easy access to public transit and major highways, commuting is effortless. Premium Building Amenities Including A 24 hr. Concierge, Gym, Indoor Pool, Rooftop Patio / BBQs, And More! (id:66096)

Property Details

MLS®: C14091396
Property Type: Single Family
Bedrooms: 0
Beds (above / below): 0 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Other
Pool: Yes
Waterfront: Yes
Condo Fee: $398/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,810.86/yr

Rooms

Flat

Living room: 4.26 x 3.6 meters
Kitchen: 3.6 x 1.62 meters
Bedroom: 4.26 x 3.6 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

17d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,583

List price

$395K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This single family in Toronto (Waterfront Communities) has been listed for 17 days, which is 40 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RE/MAX CONDOS PLUS CORPORATION · GABRIELA FIUMARA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5E)

This home lists at $395,000, about 4.0× the local median household income of $98,000.

Carrying it typically needs a household income of about $77,157 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $98,000
Population: 11,779
Median age: 34.4
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5E)

$395,000· $1,583/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,750

Min 5%50%

Mortgage payment$2,080/mo

↳ CMHC premium ($15,010 capitalized)

Property tax (est.)$151/mo

Condo fee$398/mo

Total monthly$2,629

Cash Needed to Close

Down payment (5%)$19,750

Land transfer tax$8,800

Est. closing costs$3,685

Total cash needed$32,235

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