$639,900

For sale

#3602 18 Yonge Street, Toronto (Waterfront Communities) - Single Family for Sale

#3602 18 Yonge Street, Toronto (Waterfront Communities), Ontario, M5E1Z8

2 beds2 baths1 parking750 ft²$562/mo condo feeListed 49 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Its $639,900 asking price sits right in line with the $629,900 median in Toronto. It has been on the market 49 days, fresher than the Toronto average of 57 days.

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Description

Welcome to 18 Yonge, where unbeatable location meets modern function. This bright and spacious 1+Den, 2-Bath suite offers 704 sq ft of intelligently designed living space, complete with parking and locker. Flooded with natural light from floor-to-ceiling windows, enjoy both south-facing lake views and west-facing cityscapes from the comfort of your home. The open-concept layout features an upgraded sliding barn door in the den, allowing for flexible use as a second bedroom or private home office. The kitchen boasts a breakfast bar, perfect for casual meals or entertaining, while the large living/dining area opens up to your private balcony. The primary bedroom includes a 4-piece ensuite and his & hers closets. Recently freshly painted, the unit also features engineered hardwood floors throughout. All of this in a STR (Short Term Rental)-friendly building (with management approval), just steps to Union Station, the PATH, Scotiabank Arena, Financial District, shopping, dining, and easy highway access. Building amenities include: 24-hour concierge, indoor pool, gym, sauna, party room & more. *Furniture negotiable. (id:66096)

Property Details

MLS®: C13800442
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $562/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,205/yr
Listed: 49 days ago

Rooms

Main level

Living room: 3.27 x 6.25 meters
Dining room: 3.27 x 6.25 meters
Kitchen: 3.27 x 6.25 meters
Primary Bedroom: 3.96 x 3.2 meters
Den: 2.38 x 2.43 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, Oven, Dryer, Microwave, Furniture, Window Coverings
Flooring: Tile, Hardwood
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$854

List price

$640K

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 2-bed single family in Toronto (Waterfront Communities) has been listed for 49 days, which is 8 days fresher than the city average of 57. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · FADY NAKHLA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5E)

This home lists at $639,900, about 6.5× the local median household income of $98,000.

Carrying it typically needs a household income of about $124,995 (20% down, 25-yr amortization, stress-tested) — roughly 28% 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)

$639,900· $854/ft²

For sale

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Full Cost Breakdown

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Down Payment6.09% · $38,990

Min 6.09%50%

Mortgage payment$3,332/mo

↳ CMHC premium ($24,036 capitalized)

Property tax (est.)$267/mo

Condo fee$562/mo

Total monthly$4,160

Cash Needed to Close

Down payment (6.09%)$38,990

Land transfer tax$18,546

Est. closing costs$4,420

Total cash needed$61,956

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