89 Mcgill Street, Unit 1608, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $799,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 800-899 sqft
- Ample parking with 1.0 garage spaces (1.0 total parking spaces) with a convenient underground configuration
- Notable attributes: Built-In Oven, Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rarely offered 3-bedroom residence at Alter Condos by renowned builder Tridel, showcasing spectacular, unobstructed downtown skyline views and iconic CN Tower views from the comfort of your own home! In a city surrounded by high-rise towers, this exceptional suite offers a rare sense of openness, privacy and breathtaking views from every room. Floor-to-ceiling windows fill the space with natural light, while the primary bedroom's private balcony provides a stunning vantage point to enjoy the beautifully illuminated CN Tower at night. The thoughtfully designed open-concept layout features a modern kitchen flowing seamlessly into the bright living and dining areas, three versatile bedrooms and two full bathrooms, offering exceptional flexibility for urban living. An outstanding investment opportunity with $3,300 in current monthly rental income! The unit is occupied by established tenants who have resided in the property for 6 years. have taken great care of the home willing to stay or to remain, Currently on a month-to-month tenancy, same layout new lease can be up to $4000. providing an attractive opportunity for investors seeking immediate rental income. also it can be a great family home. Residents enjoy resort-inspired amenities including 24-hour concierge, rooftop outdoor pool and terrace with BBQs, fitness centre, yoga studio, whirlpool, sauna, steam rooms, theatre, party rooms and visitor parking. Ideally located in the heart of downtown Toronto, just steps from Toronto Metropolitan University, College Subway Station, shopping, restaurants, entertainment and everyday conveniences, with easy access to the University of Toronto, CF Toronto Eaton Centre and the Financial District. A rare combination of three-bedroom living, iconic skyline views, established rental income and exceptional downtown connectivity, making this a compelling opportunity for both investors and future end-users.
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Property Summary
This condo apartment located at 89 Mcgill Street, Toronto is currently for sale and has been available for 0 days. This property is listed at $799,000 with an estimated mortgage of $2,660* per month. It has 3 beds, 2 bathrooms, and is 800-899 square feet. 89 Mcgill Street, Toronto is in the Church-Yonge Corridor neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Church-Yonge Corridor, Toronto.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •800-899 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Built-In Oven
- Carpet Free
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Toronto?
If you are looking for a house in Toronto or researching Toronto real estate for sale, this 3-bedroom condo apartment at 89 Mcgill Street, Unit 1608, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Toronto Buyer Budget & Costs
Estimated mortgage: $2,660*/month*. Estimated Ontario Land Transfer Tax: $24,910. First-time Toronto home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Toronto
Frequently Asked Questions about 89 Mcgill Street, Unit 1608, Toronto, ON
Q.What is the asking price for 89 Mcgill Street, Unit 1608, Toronto, ON ?
The current listing price for 89 Mcgill Street, Unit 1608, Toronto, ON in Church-Yonge Corridor, Toronto is $799,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 800-899 sqft.
Q.What property type and architectural style is 89 Mcgill Street, Unit 1608, Toronto, ON ?
89 Mcgill Street, Unit 1608, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Built-In Oven, Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Church-Yonge Corridor, Toronto
161 assaults (45.0/100k)
43 B&E (40.0/100k)
60 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 89 Mcgill Street 1608, Toronto, ON M5B 1H5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $799,000 in Toronto, the legal minimum down payment is $54,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,455 also applies, bringing the total estimated land transfer taxes to $24,910.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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