MLS® listing
3800 Yonge Street PH16: condo apartment for sale
$3,500,000
From the listing brokerage
Welcome to Penthouse 16 at Governors Hill, one of Toronto's most prestigious luxury residences. Offering an extraordinary 6,375 square feet of refined living, this one-of-a-kind penthouse combines a beautifully appointed 3,755-square-foot interior with an unparalleled 2,500-square-foot private terrace overlooking a spectacular ravine with south & west exposures. Ravine views from every room. With floor-to-ceiling windows & multiple skylights, the interior is immersed in natural light. The principal spaces flow effortlessly from the expansive living room to a dramatic glass-enclosed dining room & a chef's kitchen appointed with custom millwork, 48" Sub-Zero Fridge, Miele dishwasher, a Jenn-Air cooktop, breakfast area, & a dumbwaiter to the terrace. A warm & inviting family room, complete with a fireplace & custom wet bar, offers the perfect setting for intimate gatherings. Upstairs, a remarkable flex space with a 3pc ensuite presents endless possibilities as a media lounge, executive office, fitness studio, or guest suite. The primary suite opens directly onto the main floor terrace, featuring a dressing room & a spa-inspired 8-piece ensuite with a jetted soaker tub & private sauna. All 3 bedrooms have ensuite washrooms, generous proportions, exceptional storage, & ravine views.The approximately 2,500 sqft spectacular terrace is unlike anything else in the city, a private, very quiet, outdoor oasis surrounded by mature trees & lush landscaped gardens, complete with multiple entertaining & dining areas, full irrigation, & service elevator access. Life at Governors Hill is defined by impeccable service & exceptional amenities. Residents enjoy a 24-hr gated entrance & concierge. Resort-like amenities inc. a saltwater indoor pool, squash courts, indoor pickleball court, gym, fitness facilities, guest suites, library, large party room with kitchen, elegant entertaining spaces, beautifully maintained grounds, billiard room & multiple guest parking.
Facts on the listing
| Square feet | 3750-3999 |
|---|---|
| Style | 2-Storey |
| Basement | None |
| Parking spaces | 2 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $5,178 |
| Property tax | $17,412 |
| Tax year | 2025 |
| Locker | Owned |
| Pets | Yes-with Restrictions |
| Exposure | South West |
| Fee includes | Heat Included, Water Included, Cable TV Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included, Hydro Included |
| Balcony | Terrace |
| Laundry | Laundry Room, Ensuite |
| Interior features | Bar Fridge, Built-In Oven, Separate Heating Controls, Storage Area Lockers |
| Floor | 8 |
Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS® C13758794.
About this condo apartment
3800 Yonge Street PH16 is a 4 bedroom condo apartment in TRREB's Bedford Park-Nortown community in Toronto, listed for sale at $3,500,000. The listing shows 5 bathrooms and 3750-3999 square feet. The style is given as 2-storey. The unit faces south west. It comes with 2 parking spaces, an underground garage and a locker (owned) according to the listing. The nearest main intersection given is Yonge and York Mills.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
What it costs to buy 3800 Yonge Street PH16
At the asking price of $3,500,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $3,500,000 |
|---|---|
| Ontario land transfer tax | $73,975 |
| Toronto municipal land transfer tax | $83,475 |
| Both taxes | $157,450 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $700,000 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The rates above $2,000,000 used here are the ones for a home with one or two single family residences. A property with more units is taxed differently. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $5,178 a month |
|---|---|
| Property tax (2025) | $17,412 a year, about $1,451 a month |
| Fee and tax together | about $6,629 a month |
The listing says the maintenance fee includes heat, water, cable tv, cac, common elements, building insurance, parking and hydro. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $3,500,000, which is $2,950,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 2 parking spaces and a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 3800 Yonge Street PH16
How much is land transfer tax on 3800 Yonge Street PH16?
At the asking price of $3,500,000 the Ontario tax is $73,975 and the Toronto tax is $83,475, $157,450 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 3800 Yonge Street PH16?
$700,000 at the asking price of $3,500,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 3800 Yonge Street PH16?
The listing shows $5,178 a month, including heat, water, cable tv, cac, common elements, building insurance, parking and hydro. Check the current fee in the status certificate.
How much is the property tax on 3800 Yonge Street PH16?
The listing shows $17,412 a year for 2025, about $1,451 a month.
Is 3800 Yonge Street PH16 priced above or below the median?
It is listed at $3,500,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $2,950,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 3800 Yonge Street PH16?
Use the form on this page or call us. Quote MLS® C13758794. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 3800 Yonge Street PH16 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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