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    5304 - 16 Harbour St

    $1,474,9002 bds2 ba1 pk1,225 sqft
    27 Days on Strata
    $1,474,900
    Price Cut: $1,549,900
    2 Beds
    2 Bath
    1 Parking
    1,225 SQFT

    Listing History


    Details

    Property Type:

    Condo

    Maintenance Fees:

    $1,144/mth

    Taxes:

    $5,393 (2024)

    Cost Per Sqft:

    $1,204/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    South East

    Possession Date:

    June 30, 2025

    Laundry:

    Main

    Amenities

    Car Wash
    Visitor Parking
    Concierge
    Indoor Pool
    Rec Room
    Lap Pool
    Party Room
    Indoor Parking
    Sauna
    Guest Suites
    Gym
    BBQs Allowed
    Tennis Court
    Media Room

    About this Listing

    Stunning Lower Penthouse with Breathtaking Views Unmatched Luxury Living Nestled in the heart of the city, this south-east facing 2-bedroom + den, 2-bath Lower Penthouse unit offers the epitome of luxury urban living. Located just steps from the waterfront, Scotiabank Place, Lakeshore, the Gardiner Expressway, Union Station, and the Financial District, this residence places you at the center of it all while offering a tranquil retreat from the hustle and bustle. With soaring 10-foot ceilings and floor-to-ceiling windows throughout, this home invites natural light to flood every corner, creating a warm and inviting atmosphere. Step out onto the oversized balcony to take in stunning, panoramic views of Lake Ontario and the city skyline a perfect backdrop for relaxation or entertaining guests. The chef-inspired kitchen boasts top-of-the-line stainless steel appliances, including a double fridge, an oven with an oversized gas range, built-in wine fridge, dishwasher, and microwave. The open-concept floor plan, accented by rich hardwood flooring, seamlessly flows from the kitchen to the living and dining areas, making this space ideal for both intimate gatherings and grand-scale entertaining. The natural gas fireplace adds a touch of ambiance, enhancing the inviting atmosphere. Each room offers breathtaking views, while the spacious master suite and generously sized second bedroom provide ample comfort and privacy. The den offers versatility, ideal for a home office, library, or additional living space. This Lower Penthouse unit is the perfect blend of luxury, location, and lifestyle. Don't miss the opportunity to call this exceptional property home.

    ExtrasUnit comes with one parking and two lockers. Stainless steel Double fridge, oven with oversize gas range, built in wine fridge, dishwasher and microwave. All window coverings, all ELF's

    keller williams referred urban realtyMLS® #C12018094

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Hydro
    Heat
    Water
    Parking
    Building Insurance
    Not Included
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room dimensions are not available for this listing.


    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    17,591
    Average Individual Income
    $62,082
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $105,756
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    22%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    25%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    39%
    High Rise Apartment
    23%
    Semi Detached
    21%
    Low Rise Apartment
    9%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    70%
    Mandarin
    13%
    Cantonese
    10%
    Tagalog
    2%
    Tamil
    2%
    Arabic
    1%
    Spanish
    1%
    Armenian
    1%
    Education
    University and Above
    36%
    High School
    24%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%


    Days on Strata

    Units at Success Tower spend an average of
    43
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in The Waterfront

    Turnover of Units

    On average, each unit is owned for
    6.9
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    18th
    Highest price per SQFT out of 45 condos in The Waterfront area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    70
    Units were Rented over the past twelve months

    Best Value Rank

    Success Tower offers the
    ?
    best value out of 45 condos in neighbourhood

    Appreciation Rank

    Success Tower has the
    ?
    highest ROI out of 45 condos in neighbourhood

    Rental Yield

    Success Tower yields the
    ?
    highest rent prices out of 45 condos in neighbourhood

    High Demand

    Success Tower is the
    ?
    most popular building out of 45 condos in neighbourhood

    Market Insights

    Transaction Insights at Success Tower

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$630,000 - $665,000$833,000 - $872,000$867,000 - $900,000$1,598,000 - $1,800,000No Data
    Avg. Cost Per SqftNo DataNo Data$1,016$1,092$1,027$1,043No Data
    Avg. Wait for Unit AvailabilityNo Data153 Days66 Days73 Days73 Days121 Days413 Days
    Ratio of Units in Building1%10%27%28%24%11%4%

    Market Inventory

    Total number of units listed and sold in Waterfront


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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