$1,099,000 - 15 Mcmurrich Street Unit PH01, Yorkville
Condo for Sale in Yorkville
Neighbourhood: Annex
- MLS Number
- C13635790
- Property Type
- Condo
- Status
- active
- Days on Site
- 19
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,800 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- Exclusive
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
INCREDIBLE YORKVILLE VALUE - PRICED TO SELL AT $560 PER SQUARE FOOT! Welcome to Penthouse 01 at 15 McMurrich Street, a rare opportunity to own a spacious true three-bedroom residence in one of Yorkville's most coveted boutique buildings. Offering approximately 1,937 square feet of beautifully appointed living space, this exceptional suite features generous principal rooms, rich hardwood floors, abundant storage, and beautifully renovated bathrooms throughout.Designed for both comfortable living and entertaining, the expansive living and dining areas are filled with natural light and centered around a rare wood-burning fireplace, while the sun-filled family room is surrounded by windows. The fully renovated 2021 kitchen showcases premium appliances, custom wine storage, a beverage fridge, and exceptional cabinetry. All three bedrooms are generously sized with large closets, including a spacious primary retreat featuring a walk-in closet, renovated four-piece ensuite, and walkout to the oversized balcony shared with the living room. In-suite laundry includes a Miele washer and dryer.Residents enjoy 24-hour concierge service, a fitness centre, sauna, and party room, all just steps from Yorkville's renowned boutiques, fine dining, cafes, and the Yonge Street corridor.
Estimate your monthly payments for this property
Estimated Payment
$4,861.25/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
Annex 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
- •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 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.
15 Mcmurrich Street Unit PH01, 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
Competitive Pricing
At $611/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 19 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
About Annex
I know Annex 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 $4,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.