808-18 Yonge Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13415762

$500,000
For Sale
Listed 45 days ago
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1Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

Your lucky opportunity awaits at Suite 808, 18 Yonge Street - where downtown living meets modern convenience. This recently renovated spacious 1-bedroom condo offers a smart open-concept layout with floor-to-ceiling windows, filling the space with natural light and city views. The functional kitchen features brand new appliances, ample cabinetry, and a breakfast bar that flows seamlessly into the living and dining area, creating the perfect setting for both relaxation and entertaining. The bedroom provides generous closet space and a comfortable retreat from the vibrant city life. Step out to your private balcony and take in the energy of Toronto's core. Residents of 18 Yonge enjoy access to a long list of premium amenities including a 24-hour concierge, fitness centre, indoor pool, hot tub, sauna, party room, and a rooftop terrace with putting green and BBQ area. This well-managed building is known for its prime location and excellent community atmosphere. Situated in the heart of downtown Toronto, you're just steps from Union Station, the PATH, Scotiabank Arena, St. Lawrence Market, the Financial District, and the Waterfront. With restaurants, shops, parks, and transit right at your doorstep, this location offers true urban convenience. Perfect for first-time buyers, young professionals, or investors seeking a property in one of Toronto's most connected and desirable neighborhoods. Experience the best of city living at 18 Yonge Street.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
C13415762
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
Yonge/North Of Lakeshore
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding
Maintenance
$467/mo
Exposure
South
Property tax
$2,730 / 2025
Days on market
45
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

KitchenFlat3.20 × 4.20 m
Living RoomFlat3.90 × 7.00 m
Primary BedroomFlat3.90 × 3.20 m
BathroomFlat3.90 × 3.20 m
Our TakeTeam Asgarian · Broker
Below comparables
$545Kest. value

Listed at $500,000, and my independent estimate is about 8% below comparable homes, worth a close look.

In Waterfront Communities C1 lately, sellers get about 96% of asking; homes sell in ~35 days.

List price
$500KGreat deal$563KOverpriced

Total price vs nearby homes. Fair value about $545K, median of 14 comparables.

How this estimate is builtthe short version

I take the 14 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $494K, a close match.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Market Lane Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Waterfront Communities C1, so I widened the search to the surrounding area.

Based on 14 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$696kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

2404-290 Adelaide Street$730k3004-290 ADELAIDE Street$730k2907-15 Mercer Street$628k

The 3 closest active listings nearby.

See all comparable homes
500kThis home730k730k628kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $590K
$770this home / sqft
86active listings nearby
45days on market
100sold nearby · 90 days
$583Kmedian sold price
96%of asking, on average

This home lists 30% below the area average of $1,095/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Waterfront Communities C1, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Moss Park
$894K
Church-Yonge Corridor
$611K
Bay Street Corridor
$638K
Niagara
$550K
Mimico
$524K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 1.1 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,279/mo
$106KIncome needed
4.7×Price ÷ income
$526Weekly cost
20% down4.79%25-yr amortization

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.

77%mortgage
Mortgage $2,279Property tax $227Condo fee $467Total carry $2,974

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

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,135per month

Mortgage amount $400,000 · 4.14% over 25 years

$100,000Down payment (20.0%)
$400,000Loan before insurance
$0CMHC premium
$2,829Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,135
Property tax
$228
Condo / maintenance fees
$467
Heating
$0
Estimated monthly cost
$2,829

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$6,475
Toronto municipal land transfer tax
$6,475
Estimated closing costs
$12,950

Plus your down payment of $100,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,593/monthPayment at the qualifying rate

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

$240,365Total interest paid
$640,365Total of all payments
Principal $400,000 Interest $240,365
YearPrincipalInterestBalance
1$9,371$16,244$390,629
2$9,763$15,852$380,867
3$10,171$15,444$370,696
4$10,596$15,018$360,100
5$11,040$14,575$349,060
6$11,501$14,113$337,559
7$11,982$13,632$325,576
8$12,484$13,131$313,092
9$13,006$12,609$300,087
10$13,550$12,065$286,537
11$14,117$11,498$272,420
12$14,707$10,907$257,713
13$15,322$10,292$242,391
14$15,963$9,651$226,428
15$16,631$8,984$209,797
16$17,327$8,288$192,470
17$18,051$7,563$174,419
18$18,806$6,808$155,613
19$19,593$6,022$136,020
20$20,413$5,202$115,607
21$21,266$4,348$94,341
22$22,156$3,459$72,185
23$23,083$2,532$49,102
24$24,048$1,566$25,054
25$25,054$561$0

At the end of your 5-year term

Total paid over the term
$128,073
Principal paid down
$50,940
Interest paid
$77,133
Balance remaining
$349,060

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.

Let's connect

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

Rental yield
Estimate$2,050/mo
$24,600Gross annual rent
2.6%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

4.9%
Gross yield
− Property tax $2,730− Condo fees $5,608− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,956

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.

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