$849,900

For saleJust listed

#1802 1 Yorkville Avenue, Toronto (Annex) - Single Family for Sale

#1802 1 Yorkville Avenue, Toronto (Annex), Ontario, M4W0B1

2 beds2 baths0 parking750 ft²$560/mo condo feeListed 3 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $849,900, it is attractively priced about 17% below the $1,029,000 median asking price in Toronto. It has been on the market 3 days, fresher than the Toronto average of 58 days.

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Description

Rarely Available! Stylish and highly functional 2-bedroom, 2-bathroom suite in the heart of prestigious Yorkville! This bright corner suite boasts a desirable southwest exposure, welcoming abundant natural light throughout the day. The thoughtfully designed split-bedroom layout provides excellent privacy, featuring two generously sized bedrooms and two full bathrooms. The well-appointed kitchen offers abundant cabinet storage, along with a centre island featuring additional storage and seating for casual breakfasts. The inviting living area provides a comfortable and versatile space for everyday living and entertaining. A thoughtfully designed floor plan, ideal for professionals, couples, or small families. Residents enjoy an exceptional collection of world-class amenities, including indoor and outdoor swimming pools, private cabanas, a state-of-the-art fitness centre, yoga and dance studios, rooftop party rooms, and a theatre and more. Unbeatable location just steps to the Toronto Reference Library, upscale shopping, fine dining, two TTC subway lines, U of T, and everything downtown Toronto has to offer. An excellent opportunity for both those seeking a stylish urban home and investors looking for a property with strong rental appeal, thanks to its prime Yorkville location and highly functional two-bedroom layout. Experience sophisticated urban living in one of Toronto's most sought-after neighbourhoods! (id:66096)

Property Details

MLS®: C14137396
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $560/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $4,481.09/yr
Listed: 3 days ago

Features

Appliances: Window Coverings
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Annex) listings, avg age

58d

Price / ft²

$1,134

List price

$850K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Annex) has been listed for 3 days, which is 55 days fresher than the city average of 58. Act while there is still low competition.

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Listed by BAY STREET INTEGRITY REALTY INC. · ALICE WANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4W)

This home lists at $849,900, about 8.2× the local median household income of $104,000.

Carrying it typically needs a household income of about $166,015 (20% down, 25-yr amortization, stress-tested) — roughly 60% above the area median.

Median household income: $104,000
Population: 15,296
Median age: 44.8
Owner / renter: 56% / 44%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M4W)

$849,900· $1,134/ft²

For sale

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Full Cost Breakdown

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Down Payment7.06% · $59,990

Min 7.06%50%

Mortgage payment$4,379/mo

↳ CMHC premium ($31,596 capitalized)

Property tax (est.)$373/mo

Condo fee$560/mo

Total monthly$5,313

Cash Needed to Close

Down payment (7.06%)$59,990

Land transfer tax$26,946

Est. closing costs$5,050

Total cash needed$91,986

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