2903-16 Yonge Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13836642

$525,000
For Sale
Listed 21 days agoNo offer date stated
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1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • FOR SALE: Spacious One Bedroom Condo.
  • Practical Layout w/Soaring 9' Ceilings, Engineered Hardwood Floors & 5' Baseboards.
  • 4pc Tiled Bathroom w/ Bathtub.
  • Steps To Subway, Waterfront, Air Canada Center, CN Tower, Scotiabank Arena, Restaurants, Shopping, Banks, And All Amenities.
  • The Facility Features An Indoor Swimming Pool, Whirlpool, State Of The Art Fitness Centre, And Seperate Saunas.

FOR SALE: Spacious One Bedroom Condo! Practical Layout w/Soaring 9' Ceilings, Engineered Hardwood Floors & 5' Baseboards. Modern Tiled Kitchen w/ Granite Counter And Breakfast Bar. 4pc Tiled Bathroom w/ Bathtub. Ensuite Laundry. North Facing Open Balcony w/ Stunning CN Tower And City Views. Conveniently located In The Heart Of Downtown Toronto. Steps To Subway, Waterfront, Air Canada Center, CN Tower, Scotiabank Arena, Restaurants, Shopping, Banks, And All Amenities.The Spectacular Pinnacle Club Is An Impressive Multi-Level Indoor/Outdoor, Social, Fitness, Spa, And Meeting Facility. The Facility Features An Indoor Swimming Pool, Whirlpool, State Of The Art Fitness Centre, And Seperate Saunas. The Clubs Also Home To Billiards, Meeting Rooms, Guest Suites, And A Luxurious Lounge/Reading Room. Outside, You Will Find A Tennis Court, Running Track and Exquisitely Landscaped Terrace.**Maintenance Fees Includes All Utilites.**

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
C13836642
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
Yonge St and Lake Shore Blvd W
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$433/mo
Exposure
North
Property tax
$2,323 / 2026
Days on market
21
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

Primary BedroomFlat3.90 × 2.74 m

mirrored closet · window floor to ceiling · hardwood floor

Living RoomFlat5.18 × 3.04 m

w/o to balcony · window floor to ceiling · hardwood floor

BathroomFlat0.00 × 0.00 m

4 pc bath · tile floor

Dining RoomFlat5.18 × 3.04 m

Combined w/Living

KitchenFlat2.74 × 2.74 m

breakfast bar · granite counters · tile floor

Our TakeTeam Asgarian · Broker
No automatic estimate

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 read

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.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C1 · asking prices
$544kavg asking

Nothing 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 $990/sqft; this home lists at $955/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
525kThis home545k500k555k559k560kThis home vs active comparables

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.

Waterfront Communities C8
$554K
Church-Yonge Corridor
$876K
Moss Park
$549K
Kensington-Chinatown
$585K
North St. James Town
$649K

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
Also nearby: 12 more schools within 2.5 km
St Michael's Choir (Sr) School · Catholic secondary1.3 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary1.3 km · 98% at standard
Bishop Macdonell Catholic School · Catholic elementary1.6 km · 82% at standard
Jean Lumb Public School · Public elementary1.6 km · 73% at standard
Contact Alternative School School · Public secondary1.6 km
Ogden Junior Public School · Public elementary1.7 km · 69% at standard
St Paul Catholic School · Catholic elementary1.8 km · 62% at standard
Oasis Alternative Secondary School · Public secondary1.8 km
ALPHA Alternative Junior School · Public elementary1.8 km
City School · Public secondary1.9 km · 58% at standard
The Waterfront School · Public elementary1.9 km · 74% at standard
Heydon Park Secondary School · Public secondary2.0 km · 8% at standard

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

Affordability & Mortgage

Affordability
$2,393/mo
$109KIncome needed
4.8×Price ÷ income
$552Weekly cost
$13,950Land 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.

79%mortgage
Mortgage $2,393Property tax $194Condo fee $433Total carry $3,019

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,322per month

Mortgage amount $420,000 · 4.49% over 25 years

$105,000Down payment (20.0%)
$420,000Loan before insurance
$0CMHC premium
$2,949Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,322
Property tax
$194
Condo / maintenance fees
$433
Heating
$0
Estimated monthly cost
$2,949

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

One-time closing costs

Ontario land transfer tax
$6,975
Toronto municipal land transfer tax
$6,975
Estimated closing costs
$13,950

Plus your down payment of $105,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,811/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

$276,676Total interest paid
$696,676Total of all payments
Principal $420,000 Interest $276,676
YearPrincipalInterestBalance
1$9,373$18,494$410,627
2$9,798$18,069$400,829
3$10,243$17,624$390,586
4$10,708$17,159$379,878
5$11,194$16,673$368,684
6$11,703$16,164$356,981
7$12,234$15,633$344,747
8$12,789$15,078$331,958
9$13,370$14,497$318,588
10$13,977$13,890$304,611
11$14,612$13,255$289,999
12$15,275$12,592$274,724
13$15,969$11,898$258,755
14$16,694$11,173$242,061
15$17,452$10,415$224,609
16$18,244$9,623$206,365
17$19,072$8,795$187,293
18$19,938$7,929$167,354
19$20,844$7,023$146,511
20$21,790$6,077$124,721
21$22,779$5,088$101,941
22$23,814$4,053$78,127
23$24,895$2,972$53,232
24$26,025$1,842$27,207
25$27,207$660$0

At the end of your 5-year term

Total paid over the term
$139,335
Principal paid down
$51,316
Interest paid
$88,019
Balance remaining
$368,684

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$1,700/mo
$20,400Gross annual rent
1.9%Cap rate after taxes and upkeep

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.

3.9%
Gross yield
− Property tax $2,323− Condo fees $5,192− Insurance $600− Vacancy & upkeep $2,244Net operating income $10,041

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

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