$717,500 - 10 Yonge Street Unit 3407, Downtown Toronto
Condo for Sale in Downtown Toronto
99 days on market- MLS Number
- C12862172
- Property Type
- Condo
- Status
- active
- Days on Site
- 99
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 900 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Ensuite+Exclusive
- Exposure
- North East
- Balcony
- None
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Experience unparalleled luxury in this stunning, recently renovated sub-penthouse corner unit at Toronto's prestigious Residences of the World Trade Centre. This is more than a condo; it's a lifestyle statement. Step into a sophisticated interior boasting Manhattan-inspired design and breathtaking panoramic city views through expansive floor-to-ceiling windows. Meticulously renovated with designer finishes, this magazine-worthy suite features a gourmet kitchen with custom cabinetry, integrated Fisher & Paykel appliances (Fridge, Oven, Microwave, Dishwasher), a Blomberg stacked Washer/Dryer, leather-finish countertops, a polished backsplash, and a striking island waterfall. The spa-like bathroom offers matching vanity and top from the kitchen units, ceramic tile flooring, and floor-to-ceiling tiling. Elegant details abound, including a designer lighting package, exquisite custom trim (8"), wood window sills, and custom doors. Smart features enhance convenience with a built-in closet and TV centre, auto blinds, and a release camera. Ample storage, an oversized parking spot, and a dedicated storage locker ensure a clutter-free lifestyle. Indulge in resort-style amenities, including indoor/outdoor pools, a golf simulator, a state-of-the-art gym, guest suites, multiple party rooms, billiards, a carwash, visitor parking, squash/basketball courts, a library, games room, board room, and theatre. Enjoy ultimate convenience with access to transit, Union Station, PATH, Scotiabank Arena, Rogers Centre, Centre Island, Sugar Beach, Distillery District, and St. Lawrence Market. This is your chance to own an extraordinary sub-penthouse in one of Toronto's most coveted locations. Schedule your private viewing today!
Estimate your monthly payments for this property
Estimated Payment
$3,681.15/mo
Includes CMHC insurance ($20,018)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
10 Yonge Street Unit 3407, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $797/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 99 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,990 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.