$650,000 - 10 Yonge Street Unit 3604, Downtown Toronto
Condo for Sale in Downtown Toronto
89 days on market- MLS Number
- C12898306
- Property Type
- Condo
- Status
- active
- Days on Site
- 89
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North East
- Balcony
- Enclosed
- Listing Brokerage
- ICI SOURCE REAL ASSET SERVICES INC.
Experience Harbourfront luxury in this stunning 750 square foot penthouse at 3604-10 Yonge Street. This newly renovated custom designed 1+1 unit showcases 9 foot ceilings, hardwood floors and floor-to-ceiling windows that frame spectacular city views from every room. The thoughtfully designed kitchen features stainless steel appliances and custom-built cabinetry, perfect for culinary enthusiasts. The oversized master bedroom includes mirrored closet along the full length of aside wall and the spacious solarium provides flexibility as an additional bedroom or home office. Beautifully renovated 6-piece bathroom includes oversized shower and big deep bathtub. Exquisite custom-tray ceilings paired with high-end, adjustable lighting create a tailored, luminous ambiance throughout the entire home. This exceptional property includes one underground parking space and one storage locker. The maintenance fees cover ALL utilities plus Full HD Bell TV and 1.5TB Internet service. Impressive 10,000 square feet of amenities with both indoor and outdoor pools, hot tub, sauna, professional fitness center and 360 sky-lounge and outdoor BBQ areas. Location is everything. Union Station sits just 200 meters away, connecting you to Toronto's entire transit network. Grocery stores, sports bars, restaurants and coffee places are within very short walking distance. Professional concierge services and 24-hour security ensure safety, piece of mind and convenience witht his stunning unique penthouse. *For Additional Property Details Click The Brochure Icon Below*
Estimate your monthly payments for this property
Estimated Payment
$3,334.84/mo
Includes CMHC insurance ($18,135)
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 3604, 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
Fair Market Value
At $929/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 89 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 700 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 $2,708 (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.