1012-18 Yonge Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C14091396

$395,000
For Sale
Listed 1 day agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
0-499Sq ft

About this home

In short

  • Welcome to this beautifully renovated studio in the heart of downtown.
  • Located at 18 Yonge St, this bright and stylish suite offers an open-concept layout with modern finishes, making it perfect for first-time buyers, investors, or urban...
  • The thoughtfully updated interior features contemporary flooring, a renovated kitchen and stainless steel appliances, an upgraded bathroom, and a functional living...
  • A rare bonus in the downtown core, this unit includes 1 OWNED PARKING SPACE, providing exceptional value and convenience.
  • Concierge, Gym, Indoor Pool, Rooftop Patio / BBQs, And More.

Welcome to this beautifully renovated studio in the heart of downtown! Located at 18 Yonge St, this bright and stylish suite offers an open-concept layout with modern finishes, making it perfect for first-time buyers, investors, or urban professionals. The thoughtfully updated interior features contemporary flooring, a renovated kitchen and stainless steel appliances, an upgraded bathroom, and a functional living space designed for comfort and convenience. Large windows fill the unit with natural light, creating a warm and inviting atmosphere. A rare bonus in the downtown core, this unit includes 1 OWNED PARKING SPACE, providing exceptional value and convenience. Enjoy an unbeatable location just steps from Union Station, UP Express, the waterfront, Scotiabank Arena, the Financial District, shopping, restaurants, cafes, and everyday amenities. With easy access to public transit and major highways, commuting is effortless. Premium Building Amenities Including A 24 hr. Concierge, Gym, Indoor Pool, Rooftop Patio / BBQs, And More!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14091396
Bedrooms
1
Bathrooms
1
Size
0-499 sq ft
Cross streets
Yonge and Lake Shore Blvd.
Parking
1 garage (other)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$398/mo
Exposure
West
Property tax
$1,811 / 2026
Days on market
1
Listing brokerage
RE/MAX CONDOS PLUS CORPORATION

Rooms

BedroomFlat4.26 × 3.60 m

laminate · combined w/living

Living RoomFlat4.26 × 3.60 m

laminate · combined w/br · closet

KitchenFlat3.60 × 1.62 m

Breakfast Bar

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
$448kavg asking

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

Per square foot, these ask about $1,797/sqft; this home lists at $1,583/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
395kThis home400k439k449k455k499kThis 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.

Church-Yonge Corridor
$580K
Waterfront Communities C8
$525K
Moss Park
$495K
Kensington-Chinatown
$600K
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 secondary1.2 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
$1,800/mo
$84KIncome needed
4.7×Price ÷ income
$415Weekly cost
$8,800Land 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.

77%mortgage
Mortgage $1,800Property tax $151Condo fee $398Total carry $2,349

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)
$1,747per month

Mortgage amount $316,000 · 4.49% over 25 years

$79,000Down payment (20.0%)
$316,000Loan before insurance
$0CMHC premium
$2,296Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,747
Property tax
$151
Condo / maintenance fees
$398
Heating
$0
Estimated monthly cost
$2,296

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

One-time closing costs

Ontario land transfer tax
$4,400
Toronto municipal land transfer tax
$4,400
Estimated closing costs
$8,800

Plus your down payment of $79,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,115/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

$208,165Total interest paid
$524,165Total of all payments
Principal $316,000 Interest $208,165
YearPrincipalInterestBalance
1$7,052$13,915$308,948
2$7,372$13,595$301,576
3$7,707$13,260$293,870
4$8,057$12,910$285,813
5$8,422$12,544$277,391
6$8,805$12,162$268,586
7$9,205$11,762$259,381
8$9,622$11,344$249,759
9$10,059$10,907$239,699
10$10,516$10,450$229,183
11$10,994$9,973$218,190
12$11,493$9,474$206,697
13$12,015$8,952$194,682
14$12,560$8,407$182,122
15$13,130$7,836$168,992
16$13,727$7,240$155,265
17$14,350$6,617$140,916
18$15,001$5,965$125,914
19$15,682$5,284$110,232
20$16,394$4,572$93,837
21$17,139$3,828$76,699
22$17,917$3,050$58,782
23$18,731$2,236$40,051
24$19,581$1,386$20,470
25$20,470$497$0

At the end of your 5-year term

Total paid over the term
$104,833
Principal paid down
$38,609
Interest paid
$66,224
Balance remaining
$277,391

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$2,300/mo
$27,600Gross annual rent
4.4%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.

7.0%
Gross yield
− Property tax $1,811− Condo fees $4,772− Insurance $600− Vacancy & upkeep $3,036Net operating income $17,381

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

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