$1,299,000

$1,350,000For salePrice drop↓ $51,000 (4%)

#5104 16 Harbour Street, Toronto (Waterfront Communities) - Single Family for Sale

#5104 16 Harbour Street, Toronto (Waterfront Communities), Ontario, M5J2C7

3 beds2 baths1 parking1,300 ft²$1,319/mo condo feeListed 42 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. It has been on the market 42 days, fresher than the Toronto average of 57 days.

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Description

Welcome to luxurious, high-floor waterfront living at Success Tower! Positioned high on the 51st floor, this freshly repainted, sophisticated 2-bedroom + den residence spans an expansive 1,225 sq. ft. framed by breathtaking south-east views of Lake Ontario and flooded with natural sunlight. Designed for both refined living and seamless entertaining, the interior boasts soaring 10 ft. high ceilings accented with elegant crown mouldings and warm hardwood flooring throughout. The modern, upgraded kitchen is a chef's dream featuring brand-new premium appliances-highlighted by a Bosch gas cooktop, sleek under-cabinet hood, and a double wall oven with Wi-Fi connectivity. Climate comfort is fully customized via two Nest smart thermostats for dual-zone control. Includes an oversized corner storage locker and a prime parking space on level P2, conveniently located right near the elevators and eligible for an EV charging upgrade. Set in a exceptionally well-managed building with 24/7 concierge, residents enjoy top-tier resort-style amenities: swimming pool, wet & dry saunas, jacuzzi, two fully equipped gyms, cinema room, party room, lounge, and guest suites for visitors. Steps to Union Station, TTC transit, financial district, and the lakefront path. (id:66096)

Property Details

MLS®: C13820404
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Pool: Yes
Condo Fee: $1,319/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $5,486.27/yr

Rooms

Flat

Living room: 5.79 x 3.58 meters
Dining room: 5.79 x 3.58 meters
Kitchen: 5.79 x 2.21 meters
Primary Bedroom: 7.01 x 3.23 meters
Bedroom 2: 4.42 x 2.74 meters
Office: 2.57 x 2.44 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, Wine Fridge, Stove, Oven, Dryer, Hood Fan
Flooring: Hardwood
Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

42d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,000

List price

$1.30M

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 3-bed single family in Toronto (Waterfront Communities) has been listed for 42 days, which is 15 days fresher than the city average of 57. Act while there is still low competition.

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Listed by VANGUARD REALTY BROKERAGE CORP. · CARLO LAVALLE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5J)

This home lists at $1,299,000, about 13.8× the local median household income of $94,000.

Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 170% 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)

$1,299,000· $1,000/ft²

For sale

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Full Cost Breakdown

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Down Payment8.08% · $104,900

Min 8.08%50%

Mortgage payment$6,620/mo

↳ CMHC premium ($47,764 capitalized)

Property tax (est.)$457/mo

Condo fee$1,319/mo

Total monthly$8,397

Cash Needed to Close

Down payment (8.08%)$104,900

Land transfer tax$44,910

Est. closing costs$6,397

Total cash needed$156,207

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