$525,000

For sale

#2903 16 Yonge Street, Toronto (Waterfront Communities) - Single Family for Sale

#2903 16 Yonge Street, Toronto (Waterfront Communities), Ontario, M5E2A1

1 bed1 bath0 parking550 ft²$433/mo condo feeListed 38 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $525,000, it is attractively priced about 17% below the $629,900 median asking price in Toronto. It has been on the market 38 days, fresher than the Toronto average of 57 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

FOR SALE: Spacious One Bedroom Condo! Practical Layout w/Soaring 9' Ceilings, Engineered Hardwood Floors & 5' Baseboards. Modern Tiled Kitchen w/ Granite Counter And Breakfast Bar. 4pc Tiled Bathroom w/ Bathtub. Ensuite Laundry. North Facing Open Balcony w/ Stunning CN Tower And City Views. Conveniently located In The Heart Of Downtown Toronto. Steps To Subway, Waterfront, Air Canada Center, CN Tower, Scotiabank Arena, Restaurants, Shopping, Banks, And All Amenities.The Spectacular Pinnacle Club Is An Impressive Multi-Level Indoor/Outdoor, Social, Fitness, Spa, And Meeting Facility. The Facility Features An Indoor Swimming Pool, Whirlpool, State Of The Art Fitness Centre, And Seperate Saunas. The Clubs Also Home To Billiards, Meeting Rooms, Guest Suites, And A Luxurious Lounge/Reading Room. Outside, You Will Find A Tennis Court, Running Track and Exquisitely Landscaped Terrace.**Maintenance Fees Includes All Utilites.** (id:66096)

Property Details

MLS®: C13836642
Property Type: Single Family
Zoning: Residential
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $433/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,323/yr

Rooms

Flat

Kitchen: 2.74 x 2.74 meters
Living room: 5.18 x 3.04 meters
Dining room: 5.18 x 3.04 meters
Primary Bedroom: 3.9 x 2.74 meters
Bathroom

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
Flooring: Tile, Hardwood
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

38d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$955

List price

$525K

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 1-bed single family in Toronto (Waterfront Communities) has been listed for 38 days, which is 19 days fresher than the city average of 57. Act while there is still low competition.

Set a price alert Book a showing

Listed by RE/MAX ESCARPMENT REALTY INC. · DANIELLE MOSCHELLA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5E)

This home lists at $525,000, about 5.4× the local median household income of $98,000.

Carrying it typically needs a household income of about $102,551 (20% down, 25-yr amortization, stress-tested) — roughly 5% above 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)

$525,000· $955/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5.24% · $27,500

Min 5.24%50%

Mortgage payment$2,758/mo

↳ CMHC premium ($19,900 capitalized)

Property tax (est.)$194/mo

Condo fee$433/mo

Total monthly$3,384

Cash Needed to Close

Down payment (5.24%)$27,500

Land transfer tax$13,950

Est. closing costs$4,075

Total cash needed$45,525

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator