$619,900 - 12 York Street Unit 407, Downtown Toronto
Condo for Sale in Downtown Toronto
Neighbourhood: Waterfront Communities C1
- MLS Number
- C13628160
- Property Type
- Condo
- Status
- active
- Days on Site
- 22
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTY SERVICES INC.
Welcome to Suite 407 at Ice Condos 1 located in Toronto's vibrant waterfront communities! An impressive unit offering 751 sq ft, with wrap-around floor-to-ceiling windows and 9-ft ceilings offering a stunning view and bright natural light. A large, welcoming foyer greets you at the entry. Two bedrooms in a split layout for maximum privacy, plus a separate study and 1.5 baths. The primary bedroom comes with a semi-ensuite bathroom, a mirrored closet, and its own walkout to a large balcony. The second bedroom is genuinely spacious, with large windows and a mirrored closet of its own. The study offers a dedicated space to work from home, and ensuite laundry adds everyday convenience. The heart of the suite is an open-concept living, dining and kitchen designed for hosting: hardwood floors, high-end built-in appliances, and a Juliette balcony. Underground parking and a locker are both included, and the maintenance fee is $732.55. The building delivers on lifestyle: security/concierge, gym, sauna, indoor pool, hot tub, and a party/media room. Then there's the convenience of the address - from your front door, Union Station, the PATH, Scotiabank Arena, Rogers Centre, the CN Tower, Harbourfront, and the Financial and Entertainment Districts are all a short walk. TTC, restaurants and groceries are minutes away, and the Gardiner is right there when the weekend calls. For an end-user who wants space to actually live in, or an investor who wants a unit that leases itself, this is a rare configuration in one of Toronto's most connected buildings. Book your showing.
Estimate your monthly payments for this property
Estimated Payment
$3,180.41/mo
Includes CMHC insurance ($17,295)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Waterfront Communities C1
Waterfront Communities C1 is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Waterfront Communities C1
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Waterfront Communities C1 offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
12 York Street Unit 407, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $886/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 22 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About Waterfront Communities C1
I know Waterfront Communities C1 well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.