With a near-perfect Walk Score, this spacious corner suite puts some of downtown Toronto's best at your doorstep. Pick up fresh ingredients at St. Lawrence Market, walk to the Financial District, or enjoy the restaurants and cafés along Front and Adelaide, all just minutes from home. Inside, the 743 sq. ft. one-bedroom plus den layout feels bright and open, with 9-foot ceilings and wraparound floor-to-ceiling windows capturing north and east views of the city. The kitchen features granite countertops, stainless steel appliances and a centre island that flows naturally into the living space. A separate den offers a comfortable work-from-home setup, while two private balconies provide plenty of outdoor space. An oversized end parking space, with no vehicle directly beside it, and a storage locker add everyday convenience. The building also offers a 24-hour concierge, two fitness centres and an impressive rooftop terrace with BBQs and cabanas. Steps to TTC, St. James Park, George Brown College and everything downtown has to offer.
1 bedroom, 1 bathroom, about 700 sq ft, works out to roughly $970 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 116 George St #1202
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
700-799 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
116 George St #1202 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,336
/mo
based on the purchase price of $679,000
$135,800 cash
$543,200 financed
$457,517 total interest
Principal54%$543,200
Interest46%$457,517
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $679K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5227.1%On average, homes sold at or above asking.
Active listings12,684Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 3 – Aug 1, 2026.
Based on 9,067 sales from Aug 1 – Oct 30, 2026 (7,001 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
3 for sale · 2 for rent at 116 George St — plus its sale and lease history.
116 George St #1202 is listed at $679,000 (MLS® C13809346). Summitly updates the price as soon as the MLS® record changes.
Is $679,000 a good price for 116 George St #1202?
Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 116 George St #1202 changed?
Yes — it was first listed at $699,000 and is now $679,000, a drop of $20,000 (2.9%).
How many bedrooms and bathrooms does 116 George St #1202 have?
116 George St #1202 has 1 bedroom and 1 bathroom, with about 700–799 square feet of living space. It is a condo in Toronto.
Is 116 George St #1202 close to transit?
The nearest rapid-transit station is Mimico GO Station (Lakeshore West GO), about 530 m (about a 7-minute walk) in a straight line. Old Mill Station is about 4.2 km, and Royal York Station is about 4.2 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 116 George St #1202?
About $3,336 a month — principal and interest on $679,000 with 20% down ($135,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 116 George St #1202 compare with other homes in Toronto?
Its asking price of $679,000 is about 19% below the median sold price in Toronto over the last 90 days, $840,000, across 9,067 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 116 George St #1202 been sold before?
Summitly has no earlier MLS® sale or lease of 116 George St #1202 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 116 George St #1202?
116 George St #1202 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 116 George St #1202 been on the market?
39 days — 116 George St #1202 was listed on September 21, 2026.
What is the price per square foot of 116 George St #1202?
About $850 to $970 per square foot: the asking price of $679,000 over the 700–799 sq ft the listing gives as its size range.
Does 116 George St #1202 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
