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    406 - 116 George St

    For SaleVu North Tower
    $865,200
    2 Beds + 1
    2 Bath
    1 Parking
    840 SQFT
    7 Days on Strata

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $779/mth
    Taxes:
    $3,586 (2024)
    Cost Per Sqft:
    $1,030/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North East
    Possession Date:
    April 1, 2025
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Welcome to Vu Condo. Rarely available Corner unit North/East facing unit 840 sq ft unit with 2 balconies and 2 full baths. Spacious layout includes two bedrooms and den * two full bathrooms* natural light from the floor-to-ceiling windows * 10-foot high ceilings * Open-concept design is perfect for entertaining. The kitchen boasts stainless steel appliances, granite countertops, and a breakfast bar. Just steps away from the Financial District, St. Lawrence Market, Distillery District, Corktown. Enjoy the convenience of a 24-hour concierge, lots of visitor parking in the building, and easy access to the Eaton Centre, George Brown College, TTC Subway, new Ontario Line, Union Station, restaurants, parks, the Downtown Core, and the waterfront. Commuting is easy with quick access to the DVP and Gardiner. The unit includes one parking spot and a locker conveniently located in the same tower very close to elevator. Building amenities include a Security, Bike storage, 2 Gyms, 2 Party/meeting rooms and Rooftop terrace with BBQs on the 9th floor and Guest suite. This is a must see! Will not disappoint!

    ikon real estate inc.MLS® #C12000997


    Amenities

    Concierge
    Rooftop Deck
    Party Room
    Security System
    Bike Storage
    Gym Room

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar Listings

    Demographics

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

    Population
    52,892
    Average Individual Income
    $63,089
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $104,944
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    36%
    High Rise Apartment
    32%
    Semi Detached
    17%
    Low Rise Apartment
    7%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    12%
    Cantonese
    11%
    Tamil
    3%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    35%
    High School
    25%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    Vu North Tower vs The St. Lawrence Area

    Days on Strata

    Units at Vu North Tower spend an average of
    37
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in St. Lawrence

    Turnover of Units

    On average, each unit is owned for
    5.8
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    17th
    Highest price per SQFT out of 71 condos in the St. Lawrence area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    15
    Units were Rented over the past twelve months

    Best Value Rank

    Vu North Tower offers the
    ?
    best value out of 71 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    Vu North Tower has the
    ?
    highest ROI out of 71 condos in the St. Lawrence neighbourhood

    Rental Yield

    Vu North Tower yields the
    ?
    highest rent prices out of 71 condos in the St. Lawrence neighbourhood

    High Demand

    Vu North Tower is the
    ?
    most popular building out of 71 condos in the St. Lawrence neighbourhood

    Transaction Insights at 116 George Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed + Den
    Price RangeNo Data$525,000 - $618,000$695,000$900,000No DataNo Data
    Avg. Cost Per SqftNo Data$989$975$876No DataNo Data
    Avg. Wait for Unit Availability446 Days106 Days171 Days143 Days183 DaysNo Data
    Ratio of Units in Building4%36%28%21%12%1%

    Transactions vs Inventory

    Total number of units listed and sold in St. Lawrence