$619,000 - 18 Yonge Street Unit 3401, Downtown Toronto
Condo for Sale in Downtown Toronto
Popular ListingNeighbourhood: Waterfront Communities C1
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- MLS Number
- C13839478
- Property Type
- Condo
- Status
- active
- Days on Site
- 8
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2026)
- $3,238
- Maintenance Fees
- $631/mo
- Locker
- None
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- SAGE REAL ESTATE LIMITED
Elevate your downtown lifestyle! Welcome to 18 Yonge, perfectly positioned at Yonge & Lakeshore in the heart of Toronto's vibrant Downtown Core. Perched on the 34th floor with a desirable west exposure, this spacious 1 Bedroom + Den offers 718 sq. ft. of exceptionally functional living space, 9-foot ceilings, two full bathrooms, an open balcony & parking included - the perfect place to take in the city and enjoy beautiful western sunsets. The versatile den is ideal as a home office, guest space or cozy second living area. The open-concept living and dining area provides plenty of room to entertain, while the generous layout and 9-foot ceilings create an airy, sophisticated feel. Residents of 18 Yonge enjoy an outstanding array of amenities including 24-hour concierge, indoor pool, hot tub, fitness centre, yoga/exercise studio, men's and women's saunas, party room, meeting/business facilities and a spectacular rooftop terrace with BBQs and putting green. Step outside and you're minutes from Union Station, Harbourfront, the Financial District, Scotiabank Arena, the Hockey Hall of Fame, the PATH and countless restaurants, cafés and shops. Enjoy the waterfront, parks and trails right outside your door, with easy access to the Gardiner Expressway and major transit connections. Space, views, outdoor living, parking and exceptional amenities - all in one of Toronto's most connected downtown locations. Ideal for end users and investors alike.
Estimate your monthly payments for this property
Estimated Payment
$3,175.79/mo
Includes CMHC insurance ($17,270)
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 3401, 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 $884/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.
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 $631/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 $2,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.