3401-18 Yonge Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13839478

$619,000
For Sale
Listed 21 days agoNo offer date stated
1+1Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Elevate your downtown lifestyle.
  • Perched on the 34th floor with a desirable west exposure, this spacious 1 Bedroom + Den offers 718 sq. ft. of exceptionally functional living space, 9-foot ceilings...
  • The open-concept living and dining area provides plenty of room to entertain, while the generous layout and 9-foot ceilings create an airy, sophisticated feel.
  • Residents of 18 Yonge enjoy an outstanding array of amenities including 24-hour concierge, indoor pool, hot tub, fitness centre, yoga/exercise studio, men's and...

Elevate your downtown lifestyle! Welcome to 18 Yonge, perfectly positioned at Yonge & Lakeshore in the heart of Toronto's vibrant Downtown Core. Perched on the 34th floor with a desirable west exposure, this spacious 1 Bedroom + Den offers 718 sq. ft. of exceptionally functional living space, 9-foot ceilings, two full bathrooms, an open balcony & parking included - the perfect place to take in the city and enjoy beautiful western sunsets. The versatile den is ideal as a home office, guest space or cozy second living area. The open-concept living and dining area provides plenty of room to entertain, while the generous layout and 9-foot ceilings create an airy, sophisticated feel. Residents of 18 Yonge enjoy an outstanding array of amenities including 24-hour concierge, indoor pool, hot tub, fitness centre, yoga/exercise studio, men's and women's saunas, party room, meeting/business facilities and a spectacular rooftop terrace with BBQs and putting green. Step outside and you're minutes from Union Station, Harbourfront, the Financial District, Scotiabank Arena, the Hockey Hall of Fame, the PATH and countless restaurants, cafés and shops. Enjoy the waterfront, parks and trails right outside your door, with easy access to the Gardiner Expressway and major transit connections. Space, views, outdoor living, parking and exceptional amenities - all in one of Toronto's most connected downtown locations. Ideal for end users and investors alike.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
C13839478
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
700-799 sq ft
Cross streets
Yonge St/Lake Shore Blvd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$631/mo
Exposure
West
Property tax
$3,238 / 2026
Days on market
21
Listing brokerage
SAGE REAL ESTATE LIMITED

Rooms

Primary BedroomFlat3.10 × 4.30 m

4 pc ensuite · large window · large closet

Dining RoomFlat3.10 × 5.40 m

combined w/living · open concept · laminate

DenFlat2.20 × 2.20 m

closet · sliding doors · laminate

KitchenFlat2.20 × 2.30 m

overlooks dining · stainless steel appl · breakfast bar

Living RoomFlat3.10 × 5.40 m

combined w/dining · w/o to balcony · large window

Our TakeTeam Asgarian · Broker
A small discount is typical
$600Klikely sale price

Listed at $619,000. Going by how homes in Waterfront Communities C1 have actually closed against their asking prices (about 97%, 280 local closings in 90 days), the likely sale price is near $600K, if it sells. A realistic range is $565K to $649K.

Independent value check: $610K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $568K and $641K).

Why $610K. The typical condo sold in Waterfront Communities C1 over the past year went for about $620K (1357 sales). What sets this one apart:

  • ▲ Raises it1+1 bedrooms and 2 baths, against 1+1 and 1 typically.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $3,238 a year; the typical home sold here pays about $3,300.
List price
$565KBelow recent closings$649KAbove recent closings

Total price vs nearby homes. Likely closing about $600K, from 280 recent closings in this pocket.

The market behind the math:

280sold nearby · 90 days
$617Kmedian sold price
96%of asking, on average
~29 dayshomes like this take to sell
21days on market so far
$3,012/moest. rent · 5 leases
5.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1 months of inventory: 89 condo apartment homes for sale in the area against 280 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 $826/sqft against an area asking average of $1,006/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 280 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $551K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • 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 3 homes sold in this building over the past 5 months, plus 2 nearby in Waterfront Communities C1, from 500 closings in Waterfront Communities C1.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C1 · asking prices
$607kavg 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 $610K, which is where my estimate comes from.

Per square foot, these ask about $858/sqft; this home lists at $826/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
619kThis home615k658k585k579k599kThis home vs active comparables

Sold price trend

Median sold price for condos in Waterfront Communities C1: $621K in September 2026, down 6% from a year ago, on 1,320 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.

Month by month
MonthMedian soldClosings
October 2025$655K132
November 2025$618K116
December 2025$690K78
January 2026$601K78
February 2026$648K105
March 2026$640K109
April 2026$615K124
May 2026$608K135
June 2026$610K139
July 2026$600K94
August 2026$588K117
September 2026$621K93

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
$570K
Moss Park
$633K
Church-Yonge Corridor
$613K
Bay Street Corridor
$479K
Niagara
$619K

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 secondary1.2 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary1.2 km · 98% at standard
Contact Alternative School School · Public secondary1.5 km
Bishop Macdonell Catholic School · Catholic elementary1.6 km · 82% at standard
Jean Lumb Public School · Public elementary1.6 km · 73% at standard
Ogden Junior Public School · Public elementary1.6 km · 69% at standard
St Paul Catholic School · Catholic elementary1.7 km · 62% at standard
Oasis Alternative Secondary School · Public secondary1.8 km
ALPHA Alternative Junior School · Public elementary1.8 km
Heydon Park Secondary School · Public secondary1.9 km · 8% at standard
City School · Public secondary1.9 km · 58% at standard
The Waterfront School · Public elementary1.9 km · 74% at standard

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

Affordability & Mortgage

Affordability
$2,821/mo
$131KIncome needed
4.7×Price ÷ income
$651Weekly cost
$17,710Land 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.

76%mortgage
Mortgage $2,821Property tax $270Condo fee $631Total carry $3,722

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,738per month

Mortgage amount $495,200 · 4.49% over 25 years

$123,800Down payment (20.0%)
$495,200Loan before insurance
$0CMHC premium
$3,639Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,738
Property tax
$270
Condo / maintenance fees
$631
Heating
$0
Estimated monthly cost
$3,639

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

One-time closing costs

Ontario land transfer tax
$8,855
Toronto municipal land transfer tax
$8,855
Estimated closing costs
$17,710

Plus your down payment of $123,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,314/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

$326,214Total interest paid
$821,414Total of all payments
Principal $495,200 Interest $326,214
YearPrincipalInterestBalance
1$11,051$21,806$484,149
2$11,553$21,304$472,597
3$12,077$20,780$460,520
4$12,625$20,231$447,894
5$13,199$19,658$434,696
6$13,798$19,059$420,898
7$14,424$18,432$406,473
8$15,079$17,777$391,394
9$15,764$17,093$375,630
10$16,480$16,377$359,150
11$17,228$15,629$341,923
12$18,010$14,846$323,912
13$18,828$14,029$305,084
14$19,683$13,174$285,402
15$20,576$12,280$264,825
16$21,511$11,346$243,315
17$22,487$10,369$220,827
18$23,508$9,348$197,319
19$24,576$8,281$172,743
20$25,692$7,165$147,051
21$26,858$5,998$120,193
22$28,078$4,779$92,116
23$29,352$3,504$62,763
24$30,685$2,171$32,078
25$32,078$778$0

At the end of your 5-year term

Total paid over the term
$164,283
Principal paid down
$60,504
Interest paid
$103,778
Balance remaining
$434,696

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 Waterfront Communities C1$3,012/mo
$36,144Gross annual rent
3.4%Cap rate after taxes and upkeep
$2,651 to $3,373Typical rent range
~15 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 Waterfront Communities C1 signed at a median of $2,650 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,012. 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.

5.8%
Gross yield
− Property tax $3,238− Condo fees $7,571− Insurance $600− Vacancy & upkeep $3,976Net operating income $20,759

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

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