$2,174,000 - 123 Barton Avenue, Yorkville
Detached for Sale in Yorkville
160 days on market- MLS Number
- C12729410
- Property Type
- Detached
- Status
- active
- Days on Site
- 160
- Bedrooms
- 6
- Bathrooms
- 6
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Listing Brokerage
- PROPERTY.CA INC.
Corner-lot multiplex at the intersection of Clinton and Barton Ave, set on a 20 x 78 ft in the Annex. This property features 5+1 self-contained units with efficient one-bedroom and bachelor layouts, offering strong income potential (gross rental not including coin laundry is over $130k) and tenant appeal. The third-floor unit enjoys access to a large private rooftop terrace. Building improvements include a new flat roof (2 years old), waterproofed basement, furnace replaced 5 years ago, and upgraded city water line to a full 1-inch service. Tenants benefit from shared coin-operated Maytag laundry machines on site. An investment opportunity with solid fundamentals and thoughtful updates in a highly desirable neighbourhood.
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Estimated Payment
$9,616.34/mo
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 Annex / Yorkville / Summerhill
Annex / Yorkville / Summerhill 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 Annex / Yorkville / Summerhill
- •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
Annex / Yorkville / Summerhill 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.
123 Barton Avenue, Annex / Yorkville / Summerhill
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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
Premium Pricing
At $1449/sqft, this property is priced above the Yorkville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 160 days on site, this property has exceeded the typical selling timeline for Yorkville. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Yorkville are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Yorkville.
Bathroom Count Matters
With 6 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $9,058 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.