$639,800 - 18 Yonge Street Unit 1807, Downtown Toronto
Condo for Sale in Downtown Toronto
Neighbourhood: Waterfront Communities C1
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- MLS Number
- C13813016
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2026)
- $3,511
- Maintenance Fees
- $605/mo
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY PORTFOLIO REALTY
Stunning City & Lake Views at 18 Yonge! Welcome to this beautifully appointed 1-bedroom + large den suite in one of downtown Toronto's most convenient waterfront locations. The spacious den features sliding doors and can easily function as a second bedroom, home office or guest suite, offering exceptional flexibility. The bright open-concept living and dining area enjoys expansive city and lake views, while the modern kitchen features stainless steel appliances, quartz countertops and a breakfast bar-ideal for everyday living and entertaining. The generously sized primary bedroom offers a 4-piece ensuite, large window and walk-in closet, providing a comfortable and private retreat. Complete with underground parking plus TWO lockers! Amazing building amenities including 24-hour concierge, indoor pool, whirlpool, fitness centre, sauna, party room, business centre, meeting facilities, rooftop terrace with BBQs and putting green, visitor parking and bicycle storage. An exceptional downtown location just steps to Union Station, the PATH network, Scotiabank Arena, the Financial District, Harbourfront, Lake, St. Lawrence Market, restaurants, shopping and entertainment, with easy access to the Gardiner Expressway and public transit. A rare combination of space, flexibility, views, parking and exceptional amenities in the heart of downtown Toronto.
Estimate your monthly payments for this property
Estimated Payment
$3,282.51/mo
Includes CMHC insurance ($17,850)
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.
18 Yonge Street Unit 1807, 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 $914/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 15 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. The $605/month fees should cover building insurance, common elements, and reserve contributions.
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.
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.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,666 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.