$500,000 - 18 Yonge Street Unit 808, Downtown Toronto
Condo for Sale in Downtown Toronto
New — Listed 2 days ago- MLS Number
- C13415762
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Your lucky opportunity awaits at Suite 808, 18 Yonge Street - where downtown living meets modern convenience. This recently renovated spacious 1-bedroom condo offers a smart open-concept layout with floor-to-ceiling windows, filling the space with natural light and city views. The functional kitchen features brand new appliances, ample cabinetry, and a breakfast bar that flows seamlessly into the living and dining area, creating the perfect setting for both relaxation and entertaining. The bedroom provides generous closet space and a comfortable retreat from the vibrant city life. Step out to your private balcony and take in the energy of Toronto's core. Residents of 18 Yonge enjoy access to a long list of premium amenities including a 24-hour concierge, fitness centre, indoor pool, hot tub, sauna, party room, and a rooftop terrace with putting green and BBQ area. This well-managed building is known for its prime location and excellent community atmosphere. Situated in the heart of downtown Toronto, you're just steps from Union Station, the PATH, Scotiabank Arena, St. Lawrence Market, the Financial District, and the Waterfront. With restaurants, shops, parks, and transit right at your doorstep, this location offers true urban convenience. Perfect for first-time buyers, young professionals, or investors seeking a property in one of Toronto's most connected and desirable neighborhoods. Experience the best of city living at 18 Yonge Street.
Estimate your monthly payments for this property
Estimated Payment
$2,565.26/mo
Includes CMHC insurance ($13,950)
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.
18 Yonge Street Unit 808, 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 $833/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 600 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.
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.