Luxurious Tridel-built Royal Arms Residence featuring sought after unobstructed west views! Bright and spacious 1086 sf split 2 bedroom-2 bath layout offers open concept living and dining areas, an modern kitchen with stainless steel appliances, stone counters and backsplash, plus upgraded flooring, light fixtures, crown moulding and vertical blinds throughout. The large King sized primary bedroom includes his-and-hers closets and a 4 piece ensuite. A sun filled solarium provides flexible space for a potential third bedroom, home office or relaxing retreat. Enjoy resort-style amenities including 24 hour concierge, indoor pool, whirlpool, sauna, fitness centre, guest suites, party room, car wash bay, visitor parking, garden patio with BBQ area, and rooftop observatory with city skyline views. This location can't be beat with steps to TTC, subway, Yonge Street shops, restaurants, Metro and library.
2 bedrooms, 2 bathrooms, about 1,000 sq ft, works out to roughly $698 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 5418 Yonge St #1606
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1000-1199 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
5418 Yonge St #1606 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13731370$698,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5418 Yonge St #1606 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$3,429
/mo
based on the purchase price of $698,000
$139,600 cash
$558,400 financed
$470,319 total interest
Principal54%$558,400
Interest46%$470,319
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $698K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4987.8%On average, homes sold at or above asking.
Active listings12,136Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 29 – Jul 28, 2026.
Based on 9,511 sales from Jul 28 – Oct 26, 2026 (6,903 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
4 for sale · 1 for rent at 5418 Yonge St — plus its sale and lease history.
5418 Yonge St #1606 is listed at $698,000 (MLS® C13731370). Summitly updates the price as soon as the MLS® record changes.
Is $698,000 a good price for 5418 Yonge St #1606?
Summitly rates it Excellent Deal: the asking price is 10% or more below 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 5418 Yonge St #1606 changed?
No — 5418 Yonge St #1606 is still listed at its original asking price of $698,000.
How many bedrooms and bathrooms does 5418 Yonge St #1606 have?
5418 Yonge St #1606 has 2 bedrooms and 2 bathrooms, with about 1,000–1,199 square feet of living space. It is a condo in Toronto.
Is 5418 Yonge St #1606 close to transit?
The nearest rapid-transit station is Finch Station (Line 1), about 650 m (about a 8-minute walk) in a straight line. North York Centre Station is about 780 m (about a 10-minute walk), and Sheppard-Yonge Station is about 1.6 km (about a 20-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 5418 Yonge St #1606?
About $3,429 a month — principal and interest on $698,000 with 20% down ($139,600), 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 5418 Yonge St #1606 compare with other homes in Toronto?
Its asking price of $698,000 is about 17% below the median sold price in Toronto over the last 90 days, $840,000, across 9,511 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 5418 Yonge St #1606 been sold before?
Summitly has no earlier MLS® sale or lease of 5418 Yonge St #1606 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5418 Yonge St #1606?
5418 Yonge St #1606 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5418 Yonge St #1606 been on the market?
55 days — 5418 Yonge St #1606 was listed on September 1, 2026.
What is the price per square foot of 5418 Yonge St #1606?
About $582 to $698 per square foot: the asking price of $698,000 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 5418 Yonge St #1606 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
