$885,000 - 8 York Street Unit 2710, Downtown Toronto
Condo for Sale in Downtown Toronto
- MLS Number
- C13172194
- Property Type
- Condo
- Status
- active
- Days on Site
- 23
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
Experience breathtaking direct Lake Ontario waterfront views. Bright south exposure in exceptional Water Club residence, crafted by the renowned Kolter Group, meticulous attention to detail. Sunlight pours thru the stunning solarium, living room, and kitchen, creating a warm, inviting atmosphere to capture the essence of waterfront living. This gorgeous suite features beautifully curated design and decor, ideal for a buyer who appreciates style, comfort, and sophistication. An open-concept living, dining, and kitchen areas offer a seamless flow-perfect for relaxing or entertaining. The spacious primary bedroom easily accommodates a queen-size bed and room to spare. It includes a lovely 4-piece ensuite bathroom. The separate den, complete with a privacy door, offers a convenient large space for a home office or large enough for this second bedroom. A second bathroom with a stand-up shower, plus in-suite laundry, adds everyday convenience. All ceilings are an impressive 9 feet > The Water Club building offers outstanding amenities, including: 24-hour concierge, Guest suites, Party/meeting room, fully equipped gym, rooftop deck and garden, Beanfield Fibre internet availability > Location is unbeatable, steps from waterfront trails, biking paths, and an array of local conveniences such as Starbucks, Lavazza, Sobeys, Rabba, Natural Food Shop Inc., and popular eateries like Quiznos, Mr. Souvlaki, and Watermark Irish Pub. Cultural and entertainment attractions are moments away, including the Toronto Railway Museum, Museum of Inuit Art, CBC Museum, and Graham Spry Theatre. You're also within easy reach of the Financial District, Entertainment District, Union Station, Rogers Centre, Scotiabank Arena, and major highways. This condominium stands out for its unique style, thoughtful design, and unbeatable location. Whether you love the vibrancy of downtown Toronto or the tranquility of lakeside living, this home offers an experience that feels endless.
Estimate your monthly payments for this property
Estimated Payment
$4,540.51/mo
Includes CMHC insurance ($24,692)
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.
8 York Street Unit 2710, 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 $1106/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.
Market Position
At 23 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 800 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 $3,688 (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.