PH1-20 Edward Street, Toronto, ON
Bay Street Corridor, Toronto · MLS® C12942198
About this home
Absolute WOW Factor!!! Incredibly stunning 1658 sq ft 3 bed + den 3 bath Penthouse with amazing city views. The height of luxury with modern designer finishes in this corner unit w/split level layout. Grand entryway w/oversized triple mirrored hall closet. Chic kitchen w/integrated appliances + center island that functions as breakfast bar w/extra storage. Spacious open concept living/dining w/huge windows + breathtaking views. Bright + full of natural light! Gorgeous primary bedroom w/large walk-in closet, 3pc ensuite + cozy seating area. 2 additional nicely sized bedrooms w/big mirrored closets. Separate den w/barn door, walk-out to terrace + can be used as a 4th bdrm or office. Perfect for a downtown loving family, young professionals, investors or students. Large windows thru-out showcase the City Skyline from all corners, yet privacy is still respected. Large 122 sq ft terrace w/unparalleled views + gas hook-up. Excellent location!! T&T Supermarket next door. Steps away from Dundas Square, the Eaton Centre, City Hall + amazing restaurants. Walk to Toronto Metropolitan University (TMU former Ryerson), University Of Toronto, Sick Kids, Mount Sinai Hospital, And Many More. Wonderful building amenities including a fitness centre, yoga studio, rooftop terrace + bbqs, library + lounge. Parking and Locker included!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C12942198
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 1600-1799
- Cross streets
- Yonge and Dundas
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $1,096/mo
- Exposure
- North East
- Property tax
- $11,937 / 2025
- Days on market
- 112
- Listing brokerage
- CORCORAN HORIZON REALTY
Rooms
mirrored closet · large window · closet organizers
mirrored closet · large window · closet organizers
b/i appliances · centre island · open concept
open concept · combined w/kitchen · large window
separate room · b/i shelves
separate room · walk-out · large window
3 pc ensuite · walk-in closet(s) · large window
open concept · combined w/dining · large window
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairIts public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 31% above the area average of $947/sqft.
111 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Bay Street Corridor, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.
Mortgage amount $1,679,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,965
- Property tax
- $995
- Condo / maintenance fees
- $1,096
- Heating
- $0
- Estimated monthly cost
- $11,055
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $38,973
- Toronto municipal land transfer tax
- $38,973
- Estimated closing costs
- $77,945
Plus your down payment of $419,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $537,881
- Principal paid down
- $213,938
- Interest paid
- $323,942
- Balance remaining
- $1,465,982
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CORCORAN HORIZON REALTY. MLS®/PropTx.