$2,499,000 - 1430 Yonge Street Unit 1401, Yorkville
Condo for Sale in Yorkville
126 days on market- MLS Number
- C12773772
- Property Type
- Condo
- Status
- active
- Days on Site
- 126
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX PROFESSIONALS INC.
Welcome to the Clairmont at 1430 Yonge Street, a truly exceptional sub-penthouse offering over 2,600 square feet of unparalleled luxury. Built in 2008, this boutique midrise building is a beacon of sophistication in the prime Yonge and St. Clair neighbourhood, perfectly situated to enjoy everything Summerhill and South Hill have to offer. This is one of the largest suites in the building, designed for both grand entertaining and comfortable living. Step inside to discover the perfect floor plan featuring a huge primary suite, three bedrooms (or 2 + dedicated office), three full bathrooms, a powder room, separate laundry room, a spacious living room with fireplace, and a formal dining room for hosting gatherings. The gourmet eat-in chef's kitchen is a culinary dream, with Sub-Zero and Miele appliances complete with a large island and breakfast area. The space is filled with natural light from floor-to-ceiling windows that provide panoramic views of the city skyline and the CN Tower. With panoramic exposures to the south, east, and north, you'll be treated to stunning sunrises and natural light throughout the day. Step outside to one of the five balconies to take in the views. One balcony has a natural gas line and BBQ's are permitted. The building is situated steps to the beautiful Rosehill Reservoir, a four-acre park, featuring a tranquil reflecting pool and waterfall. This unique setting provides a serene escape from the city core while still being moments from the vibrant intersection of St. Clair and Yonge, home to boutique shops, gourmet restaurants, and lively entertainment. The Clairmont offers an exceptional living experience, including a hotel-like personal concierge service. This exquisite residence also includes two parking spots and three lockers, providing convenience and an abundance of storage. Move in and start living the luxury life immediately, or envision a custom-designed space that reflects your personal style.
Estimate your monthly payments for this property
Estimated Payment
$11,053.92/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.
1430 Yonge Street Unit 1401, Annex / Yorkville / Summerhill
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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 $1000/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.
Negotiation Opportunity
At 126 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.
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. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 4 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 $10,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.