606-18 Yonge Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13473890

$575,888
For Sale
Listed 32 days ago
2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

PRICED TO SELL!! BEST DEAL ON BAY ST. A Rare Unicorn Residence Defined by Design and Access Centered in the heart of downtown, steps from Union Station and directly across from Scotiabank Arena. Rare amenity-level location with only 6 exclusive units. Private gated patios with direct walkout to BBQs and shared outdoor space Immediate access to premium facilities including fitness/yoga studio, pool, sauna, and hot tub. Fully renovated suite to maximize usable square footage Soaring 10' ceilings throughout, creating an open, airy feel, Spa-inspired washroom complete with a 9' rain shower Custom cabinetry throughout, including a sleek, space-saving Murphy bed. Upgraded Samsung & LG appliance package, featuring a WiFi-enabled 4-door refrigerator with built-in camera. Parking and locker are on 5th level for easy access to both. Convenient doggy pee pad on terrace for the puppy. Room divider blind enables you to convert to plus 1 bedroom or open concept living area. This unit was built to supply "quiet enjoyment with concrete walls and slabs, superior construction sound attenuation between suites, acoustically engineered wall assemblies, thermally and acoustically sealed balcony doors and glazing and insulating balcony doors.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13473890
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Yonge and Lakeshore
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete Poured
Maintenance
$543/mo
Exposure
East
Property tax
$2,700 / 2025
Days on market
32
Listing brokerage
UNION REALTY BROKERAGE INC.

Rooms

Living RoomGround3.65 × 3.03 m

walk-out · combined w/kitchen

Primary BedroomGround3.77 × 2.59 m

b/i bookcase · b/i closet

KitchenGround3.84 × 3.03 m

stainless steel appl · b/i dishwasher · combined w/living

BedroomGround2.44 × 2.26 m

combined w/living · overlook patio · murphy bed

Our TakeTeam Asgarian · Broker
Above comparables
$554Kest. value

Listed at $575,888, and my independent estimate is about 4% above what comparable homes suggest.

In Waterfront Communities C1 lately, sellers get about 96% of asking; homes sell in ~34 days.

List price
$517KGreat deal$576KOverpriced

Total price vs nearby homes. Fair value about $554K, 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 $489K, a bit lower.

What the listing highlights4 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
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • 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

Priced above comparable homes overall, but the price per square foot ($887/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 14 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$588kavg asking

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

1610-5 Mariner Terrace$579k316-85 Queens Wharf Road$589k1301-170 Fort York Boulevard$590k2310-397 Front Street$590k3708-19 Grand Trunk Crescent$590k

The 5 closest of 8 active listings nearby.

See all comparable homes
576kThis home579k589k590k590k590kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $593K
$887this home / sqft
58active listings nearby
32days on market
99sold nearby · 90 days
$590Kmedian sold price
96%of asking, on average

This home lists 5% below the area average of $933/sqft.

31 days longer than the Toronto average (1 days).

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
$742K
Waterfront Communities C8
$621K
Church-Yonge Corridor
$561K
Bay Street Corridor
$948K
Niagara
$575K

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
$2,625/mo
$121KIncome needed
4.8×Price ÷ income
$606Weekly 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 $2,625Property tax $225Condo fee $543Total carry $3,393

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)
$2,459per month

Mortgage amount $460,710 · 4.14% over 25 years

$115,178Down payment (20.0%)
$460,710Loan before insurance
$0CMHC premium
$3,227Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,459
Property tax
$225
Condo / maintenance fees
$543
Heating
$0
Estimated monthly cost
$3,227

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

One-time closing costs

Ontario land transfer tax
$7,993
Toronto municipal land transfer tax
$7,993
Estimated closing costs
$15,986

Plus your down payment of $115,178. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,986/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

$276,846Total interest paid
$737,557Total of all payments
Principal $460,710 Interest $276,846
YearPrincipalInterestBalance
1$10,793$18,709$449,918
2$11,244$18,258$438,673
3$11,715$17,788$426,959
4$12,205$17,298$414,754
5$12,715$16,787$402,039
6$13,247$16,255$388,792
7$13,801$15,701$374,991
8$14,378$15,124$360,612
9$14,980$14,522$345,633
10$15,606$13,896$330,026
11$16,259$13,243$313,767
12$16,939$12,563$296,828
13$17,648$11,854$279,180
14$18,386$11,116$260,794
15$19,155$10,347$241,639
16$19,956$9,546$221,683
17$20,791$8,711$200,891
18$21,661$7,842$179,231
19$22,567$6,936$156,664
20$23,511$5,992$133,153
21$24,494$5,008$108,659
22$25,519$3,984$83,141
23$26,586$2,916$56,555
24$27,698$1,804$28,857
25$28,857$646$0

At the end of your 5-year term

Total paid over the term
$147,511
Principal paid down
$58,672
Interest paid
$88,840
Balance remaining
$402,039

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
2.1%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.

4.3%
Gross yield
− Property tax $2,700− Condo fees $6,514− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,080

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

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