16 Harbour Street Unit 4302, Toronto C01

Price: $1,889,900

4 bedrooms, 3 bathrooms

1,600 sqft

Property Type: Condo

MLS#: C13603158

Rarely Offered Palatial Executive 3-Bedroom + Den Residence at the prestigious 16 Harbour St., featuring a private entrance with exclusive elevator access, spectacular northwest CN Tower views, northeast city skyline vistas, and partial lake views through expansive floor-to-ceiling windows. Never before offered for sale or lease, this impeccably maintained, owner-occupied residence is making its market debut and presents in like-new condition. Offering 1,772 sq. ft. of thoughtfully designed open-concept living, this exceptional suite is ideal for both everyday living and sophisticated entertaining. A standout feature is the highly coveted side-by-side parking and locker combination, originally purchased from the builder at an approximate $100,000 premium, providing two private side-by-side parking spaces with two adjacent lockers. The chef-inspired kitchen showcases granite countertops, premium stainless steel appliances, abundant cabinetry, a gas range, wine fridge, and a generous breakfast bar. Bright living and dining areas feature engineered hardwood flooring, a fireplace, and breathtaking skyline views. The spacious primary retreat offers a private balcony, walk-in closet, and luxurious 5-piece ensuite. The second bedroom includes its own 4-piece ensuite, while the third bedroom and separate den provide exceptional flexibility for family living, guests, a home office, or library. Residents enjoy resort-style amenities including an indoor pool, sauna, fitness centre, basketball court, outdoor tennis courts, rooftop BBQ terrace, guest suites, party room with catering kitchen, meeting room, children's play areas, concierge, and more. Unbeatable downtown location just steps to Union Station, GO Transit, Scotiabank Arena, the Financial District, waterfront, PATH, world-class dining, shopping, and entertainment. A truly rare opportunity to own one of the finest residences in one of Toronto's most sought-after waterfront communities.

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$1,889,900 - 16 Harbour Street Unit 4302, Downtown Toronto

Condo for Sale in Downtown Toronto

Neighbourhood: Waterfront Communities C1

4Beds
3Baths
1,600Sq Ft
Condo
Property Details
MLS Number
C13603158
Property Type
Condo
Status
active
Days on Site
30
Bedrooms
4
Bathrooms
3
Square Feet
1,600 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
RE/MAX PLUS CITY TEAM INC.
Description

Rarely Offered Palatial Executive 3-Bedroom + Den Residence at the prestigious 16 Harbour St., featuring a private entrance with exclusive elevator access, spectacular northwest CN Tower views, northeast city skyline vistas, and partial lake views through expansive floor-to-ceiling windows. Never before offered for sale or lease, this impeccably maintained, owner-occupied residence is making its market debut and presents in like-new condition. Offering 1,772 sq. ft. of thoughtfully designed open-concept living, this exceptional suite is ideal for both everyday living and sophisticated entertaining. A standout feature is the highly coveted side-by-side parking and locker combination, originally purchased from the builder at an approximate $100,000 premium, providing two private side-by-side parking spaces with two adjacent lockers. The chef-inspired kitchen showcases granite countertops, premium stainless steel appliances, abundant cabinetry, a gas range, wine fridge, and a generous breakfast bar. Bright living and dining areas feature engineered hardwood flooring, a fireplace, and breathtaking skyline views. The spacious primary retreat offers a private balcony, walk-in closet, and luxurious 5-piece ensuite. The second bedroom includes its own 4-piece ensuite, while the third bedroom and separate den provide exceptional flexibility for family living, guests, a home office, or library. Residents enjoy resort-style amenities including an indoor pool, sauna, fitness centre, basketball court, outdoor tennis courts, rooftop BBQ terrace, guest suites, party room with catering kitchen, meeting room, children's play areas, concierge, and more. Unbeatable downtown location just steps to Union Station, GO Transit, Scotiabank Arena, the Financial District, waterfront, PATH, world-class dining, shopping, and entertainment. A truly rare opportunity to own one of the finest residences in one of Toronto's most sought-after waterfront communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,359.67/mo

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5-yr fixed avg.

Principal: $1,511,920Interest: $995,980
Mortgage Amount$1,511,920
Total Interest$995,980
Est. Property Tax$1,339/mo
Total Cost$2,507,900

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.

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Neighbourhood Guide: Waterfront Communities C1

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

16 Harbour Street Unit 4302, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,640/mo
Range: $3,094 - $4,186
Cap Rate (ROI)
0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,640
Maintenance Fees-$1,040
Property Tax (est.)-$1,339
Insurance (est.)-$394
Net Cash Flow+$867

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1181/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 30 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Downtown Toronto. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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.

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    16 Harbour Street Unit 4302 | $1,889,900 | Battaglia Team