$615,000 - 1 Balmoral Avenue Unit 512, Yorkville
Condo for Sale in Yorkville
New — Listed yesterdayNeighbourhood: Yonge-St. Clair
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- C14031048
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Taxes (2026)
- $3,583
- Maintenance Fees
- $977/mo
- Locker
- Owned
- Exposure
- East
- Balcony
- Juliette
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
All-inclusive with one parking space and one very large locker in the iconic Grande Dame of Summerhill-One Balmoral! This French Chateau architecture sets this condo apart from others in both elegance and luxury. The secret west garden oasis with a waterfall and covered sitting area is a welcoming surprise! The newly redesigned marble lobby entry is a testament to the ongoing pride of ownership of the residents. This immaculate, bright suite answers your 'bucket' list for the perfect pied-à-terre in one of the most sought-after, well-located buildings in prime Summerhill. Two Juliette balconies, wall-to-wall built-in bookcase, Moulded Feature Wall in Bedroom, Wood and travertine marble floors- all demonstrate the quality of construction. Rooms are spacious, with the Primary Bedroom large enough for a King bed. Ample underground parking and guest suites make this ideal for guests. Amenities include a well-equipped gym and spacious, recently renovated party/entertainment area. This building is impeccably maintained and well-managed with a healthy reserve. Enjoy elegant, carefree living at its best!
Estimate your monthly payments for this property
Estimated Payment
$3,155.27/mo
Includes CMHC insurance ($17,159)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Yonge-St. Clair
Yonge-St. Clair is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Yonge-St. Clair
- •Convenient location in Annex / Yorkville / Summerhill
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Yonge-St. Clair offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1 Balmoral Avenue Unit 512, Annex / Yorkville / Summerhill
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1025/sqft, this property is priced in line with current Yorkville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Yorkville's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $977/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Yonge-St. Clair
I know Yonge-St. Clair well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Yorkville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,563 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.