1606-4050 Yonge Street, Toronto, ON

Bedford Park-Nortown, Toronto · MLS® C13624190

$3,250,000
For Sale
Listed 80 days agoNo offer date statedSitting longer than typical
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3+1Bedrooms
4Bathrooms
0Parking
1800-1999Sq ft

About this home

In short

  • Introducing Yonge City Square, the first new luxury condominium residence in the prestigious Hoggs Hollow neighbourhood in over 20 years.
  • With direct access to York Mills Subway Station & Highway 401, this exclusive community offers spacious, thoughtfully designed suites, refined finishes, 10' ceilings...

Introducing Yonge City Square, the first new luxury condominium residence in the prestigious Hoggs Hollow neighbourhood in over 20 years. With direct access to York Mills Subway Station & Highway 401, this exclusive community offers spacious, thoughtfully designed suites, refined finishes, 10' ceilings and an exceptional collection of hotel-inspired amenities. Surrounded by lush parks, the Don Valley Golf Course, upscale shopping, fine dining, and some of Toronto's most desirable neighbourhoods, Yonge City Square delivers an unmatched lifestyle combining luxury, convenience, and timeless elegance. A rare opportunity for discerning end-users seeking an elevated place to call home.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13624190
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
1800-1999 sq ft
Cross streets
Yonge St/Wilson Ave
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$1,376/mo
Exposure
North West
Days on market
80
Listing brokerage
MILBORNE REAL ESTATE INC.

Rooms

Bedroom 2Main2.92 × 2.92 m

4 pc ensuite · walk-in closet(s) · window

Dining RoomMain8.59 × 7.01 m

open concept · w/o to balcony

KitchenMain8.59 × 7.01 m

open concept · centre island

Primary BedroomMain4.98 × 2.95 m

5 pc ensuite · walk-in closet(s) · w/o to balcony

Living RoomMain8.59 × 7.01 m

open concept · combined w/dining

Bedroom 3Main3.20 × 2.46 m

closet · window

DenMain3.43 × 2.79 m

separate room · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$3.16Mlikely sale price

Listed at $3,250,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $3.16M, typically $2.97M to $3.41M. Comparable closings on their own put this home around $1.44M, about 56% below the ask.

Longer on the market than typical. 80 days on the market against about 28 for homes like it here, and asking 125% above where comparable closings put it.

List price
$2.97MBelow recent closings$3.41MAbove recent closings

Total price vs nearby homes. Likely closing about $3.16M, from 11 recent closings in this pocket.

The market behind the math:

11sold nearby · 90 days
$1.18Mmedian sold price
96%of asking, on average
+2%prices vs a year ago
~19 dayshomes like this take to sell
80days on market so far
$4,429/moest. rent · 5 leases
1.6%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.8 months of inventory: 14 condo apartment homes for sale in the area against 11 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,711/sqft against an area asking average of $1,059/sqft.

How this estimate is builtthe short version

I take the 11 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), 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.

What the listing highlights1 point to weigh

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

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
Schools & getting aroundcatchment and transit

Its public catchment (York Mills Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

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

There were not many closely comparable homes right in Bedford Park-Nortown, so I widened the search to the surrounding area.

Based on 11 comparable homes that sold in Bedford Park-Nortown over the past two years, from 93 closings there.

What sellers nearby are askingCurrently listed nearby in Bedford Park-Nortown · asking prices
$3.27Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $1.44M, which is where my estimate comes from.

Per square foot, these ask about $1,379/sqft; this home lists at $1,711/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
3.25MThis home4.20M3.50M4.35M2.20M2.10MThis home vs active comparables

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,804 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K885

Neighbourhood & location

Bedford Park-Nortown, 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.

Bayview Village
$526K
Dovercourt-Wallace Emerson-Junction
$640K
North St. James Town
$765K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K

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 Armour Heights Public School
70%
Armour Heights Public SchoolPublic · Elementary · 1.0 km awayAround the GTA average · 70% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Loretto Abbey Catholic Secondary School · Catholic secondary0.5 km · 76% at standard
St Edward Catholic School · Catholic elementary1.2 km · 89% at standard
Owen Public School · Public elementary1.3 km · 59% at standard
Cameron Public School · Public elementary1.6 km · 81% at standard
Bannockburn Public School · Public elementary1.6 km
St Andrew's Middle School · Public elementary1.6 km · 81% at standard
John Wanless Junior Public School · Public elementary1.7 km · 88% at standard
Summit Heights Public School · Public elementary1.8 km · 85% at standard
Avondale Alternative Elementary School · Public elementary1.8 km · 94% at standard
Avondale Public School · Public elementary1.8 km · 70% at standard
Blessed Sacrament Catholic School · Catholic elementary1.9 km · 83% at standard
Bedford Park Public School · Public elementary1.9 km · 88% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$14,812/mo
$661KIncome needed
4.9×Price ÷ income
$3,418Weekly cost
$137,950Land transfer tax, one-time (Ontario + Toronto)
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.

81%mortgage
Mortgage $14,812Estimated property tax $2,031Condo fee $1,376Total carry $18,219

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$14,376per month

Mortgage amount $2,600,000 · 4.49% over 25 years

$650,000Down payment (20.0%)
$2,600,000Loan before insurance
$0CMHC premium
$17,783Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,376
Estimated property tax
$2,031
Condo / maintenance fees
$1,376
Heating
$0
Estimated monthly cost
$17,783

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

One-time closing costs

Ontario land transfer tax
$67,725
Toronto municipal land transfer tax
$70,225
Estimated closing costs
$137,950

Plus your down payment of $650,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$17,400/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

$1,712,754Total interest paid
$4,312,754Total of all payments
Principal $2,600,000 Interest $1,712,754
YearPrincipalInterestBalance
1$58,021$114,489$2,541,979
2$60,655$111,855$2,481,324
3$63,409$109,101$2,417,914
4$66,288$106,222$2,351,626
5$69,298$103,212$2,282,328
6$72,445$100,066$2,209,883
7$75,734$96,776$2,134,150
8$79,172$93,338$2,054,977
9$82,767$89,743$1,972,210
10$86,525$85,985$1,885,685
11$90,454$82,056$1,795,231
12$94,561$77,950$1,700,671
13$98,854$73,656$1,601,817
14$103,342$69,168$1,498,474
15$108,035$64,476$1,390,440
16$112,940$59,570$1,277,500
17$118,068$54,442$1,159,432
18$123,428$49,082$1,036,004
19$129,033$43,478$906,971
20$134,891$37,619$772,080
21$141,016$31,494$631,064
22$147,419$25,092$483,645
23$154,112$18,398$329,533
24$161,109$11,401$168,424
25$168,424$4,086$0

At the end of your 5-year term

Total paid over the term
$862,551
Principal paid down
$317,672
Interest paid
$544,879
Balance remaining
$2,282,328

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
From 5 whole-home leases in Bedford Park-Nortown$4,429/mo
$53,148Gross annual rent
0.2%Cap rate after taxes and upkeep
$3,897 to $4,960Typical rent range
~23 daysTo find a tenant, on average

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

Talk about the numbers

The last 5 whole-home leases in Bedford Park-Nortown signed at a median of $3,603 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,429. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

1.6%
Gross yield
− Property tax $22,750− Condo fees $16,506− Insurance $600− Vacancy & upkeep $5,846Net operating income $7,446

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

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