1608 - 89 Mcgill Street
Toronto C08, ON
- 3 bed
- 2 bath
- approx. 800-899 sqft
- Condo Apartment
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.
Listing Details
- Taxes (2026)
- $3,898
- Listed
- November 2, 2026
Price History
Property
- Style
- Apartment
- Construction
- Concrete
- Interior
- Built-In Oven, Carpet Free
Parking
- Garage
- Underground
- Covered Spaces
- 1
- Total Parking
- 1
Utilities
- Heat Source
- Gas
Location & Legal
- Cross Street
- Mcgill St/ Church St
- Parcel Number
- 766820132
- Possession
- 60-89 days
- Occupancy
- Tenant
Condo
- Maintenance Fee
- $864/month
- Fee Includes
- Common Elements Included, CAC Included, Parking Included, Building Insurance Included
- Pets
- Yes-with Restrictions
- Locker
- None
- Balcony
- Open
Included
- Inclusions
- All Existing Electrical Light Fixtures (ELFs), All Existing Window Coverings, Refrigerator, Stove, Cooktop, Range Hood, Built-In Dishwasher, Washer and Dryer.
Schools
Secondary
- Collège français secondaire0.2 km
French public · CS Viamonde · 155 students
Grade 10 literacy: 100% met the provincial standard
- Native Learning Centre0.3 km
Public · Toronto DSB
- St Michael's Choir (Sr) School0.6 km
Catholic · Toronto CDSB · 105 students
Grade 10 literacy: 100% met the provincial standard
Elementary
- Collège français élémentaire0.2 km
French public · CS Viamonde · 75 students
- Church Street Junior Public School0.3 km
Public · Toronto DSB · 485 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 45% met the provincial standard
- St Michael's Choir (Jr) School0.6 km
Catholic · Toronto CDSB · 135 students
Grade 3 reading: 100% met the provincial standard · Grade 6 math: 100% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area M5B
- Population
- 17,422
- Private dwellings
- 13,071
- Median age
- 31.4
- Average household size
- 1.6
- Median household income
- $58,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Condo & Other in Toronto C08 · last 12 months
- Median sold price
- $581,500
- Homes sold
- 1,610
- Median days on market
- 28
- Sale-to-list price
- 97.3%
Based on 1,610 recorded sales of residential condo & other properties in Toronto C08 over the last 12 months.
Rooms
4-piece on Flat, 3-piece on Flat
Flat
- Bedroom 2
- Bedroom 3
- Dining Room
- Kitchen
- Living Room
- Primary Bedroom
Listed by
RE/MAX REALTRON REALTY INC.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$159,800
Estimated Monthly Payment
$3,925
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,925/mo (20% down, 5.5%)
Taxes: $325/mo · Insurance: $200/mo
Maint: $864/mo
Estimates only. Consult a financial advisor.
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