PH16-3800 Yonge Street, Toronto, ON
Bedford Park-Nortown, Toronto · MLS® C13758794
About this home
In short
- Offering an extraordinary 6,375 square feet of refined living, this one-of-a-kind penthouse combines a beautifully appointed 3,755-square-foot interior with an...
- Ravine views from every room.
- The principal spaces flow effortlessly from the expansive living room to a dramatic glass-enclosed dining room & a chef's kitchen appointed with custom millwork, 48"...
- All 3 bedrooms have ensuite washrooms, generous proportions, exceptional storage, & ravine views.
- The approximately 2,500 sqft spectacular terrace is unlike anything else in the city, a private, very quiet, outdoor oasis surrounded by mature trees & lush...
Welcome to Penthouse 16 at Governors Hill, one of Toronto's most prestigious luxury residences. Offering an extraordinary 6,375 square feet of refined living, this one-of-a-kind penthouse combines a beautifully appointed 3,755-square-foot interior with an unparalleled 2,500-square-foot private terrace overlooking a spectacular ravine with south & west exposures. Ravine views from every room. With floor-to-ceiling windows & multiple skylights, the interior is immersed in natural light. The principal spaces flow effortlessly from the expansive living room to a dramatic glass-enclosed dining room & a chef's kitchen appointed with custom millwork, 48" Sub-Zero Fridge, Miele dishwasher, a Jenn-Air cooktop, breakfast area, & a dumbwaiter to the terrace. A warm & inviting family room, complete with a fireplace & custom wet bar, offers the perfect setting for intimate gatherings. Upstairs, a remarkable flex space with a 3pc ensuite presents endless possibilities as a media lounge, executive office, fitness studio, or guest suite. The primary suite opens directly onto the main floor terrace, featuring a dressing room & a spa-inspired 8-piece ensuite with a jetted soaker tub & private sauna. All 3 bedrooms have ensuite washrooms, generous proportions, exceptional storage, & ravine views.The approximately 2,500 sqft spectacular terrace is unlike anything else in the city, a private, very quiet, outdoor oasis surrounded by mature trees & lush landscaped gardens, complete with multiple entertaining & dining areas, full irrigation, & service elevator access. Life at Governors Hill is defined by impeccable service & exceptional amenities. Residents enjoy a 24-hr gated entrance & concierge. Resort-like amenities inc. a saltwater indoor pool, squash courts, indoor pickleball court, gym, fitness facilities, guest suites, library, large party room with kitchen, elegant entertaining spaces, beautifully maintained grounds, billiard room & multiple guest parking.
Key facts
- Property type
- Condo Apartment, 2-Storey
- MLS®
- C13758794
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 5 (1 half)
- Size
- 3750-3999 sq ft
- Cross streets
- Yonge and York Mills
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $5,178/mo
- Exposure
- South West
- Property tax
- $17,412 / 2025
- Days on market
- 40
- Listing brokerage
- HARVEY KALLES REAL ESTATE LTD.
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
Considering this property? Request a written price readIts public catchment (Lawrence Park Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
For sale
For sale
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For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.
Per square foot, these ask about $1,541/sqft; this home lists at $903/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Bedford Park-Nortown, Toronto, ON
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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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $2,800,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $15,482
- Property tax
- $1,451
- Condo / maintenance fees
- $5,178
- Heating
- $0
- Estimated monthly cost
- $22,111
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $73,975
- Toronto municipal land transfer tax
- $78,975
- Estimated closing costs
- $152,950
Plus your down payment of $700,000. 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
- $928,901
- Principal paid down
- $342,108
- Interest paid
- $586,793
- Balance remaining
- $2,457,892
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 HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.