$539,900

$559,900For salePrice drop↓ $20,000 (4%)

#3505 8 York Street, Toronto (Waterfront Communities) - Single Family for Sale

#3505 8 York Street, Toronto (Waterfront Communities), Ontario, M5J2Y2

1 bed1 bath0 parking650 ft²$627/mo condo feeListed 50 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $539,900, it is attractively priced about 14% below the $629,900 median asking price in Toronto. It has been on the market 50 days, fresher than the Toronto average of 57 days.

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Description

Million-dollar views without the million-dollar price tag! Perched high on the 35th floor, this incredibly bright and perfectly laid-out 605 square foot suite showcases stunning southeast views of Lake Ontario and the Toronto skyline. The functional layout offers a genuinely usable living and dining area, 9-ft ceilings, pot lights, custom blinds (with motorized in the bedroom) and gorgeous newer laminate flooring throughout (2025). The renovated spa-like bathroom (2025) is a standout, featuring the rare convenience of both a separate shower and bathtub. The kitchen offers stone countertops, stainless steel appliances, a breakfast bar and something you don't often find in a downtown condo-a pantry! Enjoy spectacular lake and city views from high above the waterfront, with a locker included for additional storage. An unbeatable downtown location just steps to the lake and waterfront trails, Financial District, Entertainment District, Union Station, transit, restaurants, shopping, Scotiabank Arena, Rogers Centre and everything the city has to offer. Well managed building includes numerous amenities including a heated indoor/outdoor pool, sauna/steam room, 24 hour concierge/security, guest suites, terrace w/BBQ and much more. Bright, functional, updated and exceptionally located-downtown living done right. (id:66096)

Property Details

MLS®: C13796376
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $627/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,739.3/yr
Listed: 50 days ago

Rooms

Flat

Living room: 5.39 x 3.23 meters
Dining room: 5.39 x 3.23 meters
Kitchen: 3.4 x 2.41 meters
Bedroom: 3.56 x 2.8 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: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

50d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$831

List price

$540K

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 50 days, which is 7 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RE/MAX ULTIMATE REALTY INC. · BOB ODANOVIC

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5J)

This home lists at $539,900, about 5.7× the local median household income of $94,000.

Carrying it typically needs a household income of about $105,461 (20% down, 25-yr amortization, stress-tested) — roughly 12% above the area median.

Median household income: $94,000
Population: 16,879
Median age: 33.6
Owner / renter: 43% / 57%
Avg. household size: 1.7

Source: Statistics Canada, 2021 Census (FSA M5J)

$539,900· $831/ft²

For sale

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Full Cost Breakdown

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Down Payment5.37% · $28,990

Min 5.37%50%

Mortgage payment$2,833/mo

↳ CMHC premium ($20,436 capitalized)

Property tax (est.)$228/mo

Condo fee$627/mo

Total monthly$3,688

Cash Needed to Close

Down payment (5.37%)$28,990

Land transfer tax$14,546

Est. closing costs$4,120

Total cash needed$47,656

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