$2,350,000 - 150 Heath Street Unit 1402, Yorkville
Condo for Sale in Yorkville
Neighbourhood: Casa Loma
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- MLS Number
- C13812994
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Taxes (2026)
- $8,471
- Maintenance Fees
- $3,472/mo
- Locker
- Owned
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- PROPERTY.CA INC.
Perched atop the building as one of only three exclusive penthouse suites, this rare offering boasts approximately 2,200 square feet of luxurious living space with 2 bedrooms, plus library, delivering the scale and comfort of a grand home with the convenience of condominium living. Flooded with natural light throughout, the residence features dramatic skylights and expansive, sweeping views that stretch all the way to Lake Ontario. Designed for both elegant entertaining and everyday comfort, the layout offers generous principal rooms, spacious bedrooms, and exceptional flexibility for families, professionals, or downsizers seeking uncompromising space. Three owned parking spots add rare convenience for a downtown penthouse. This is a truly unique opportunity for buyers who desire the lifestyle of a luxury home without the maintenance responsibilities of a house, while being one of only three penthouse owners in this building. Ideally situated in one of Toronto's most coveted neighbourhoods, residents enjoy the perfect blend of prestige, convenience, and walkability. Steps from the historic Casa Loma, and minutes to Forest Hill, Summerhill, Yorkville and The Annex, this location offers easy access to dining, boutique shopping, cafes, parks, and cultural attractions. Enjoy a sophisticated urban lifestyle surrounded by tree-lined streets, historic architecture, and vibrant city amenities, all while being conveniently connected to transit and downtown Toronto. Opportunities of this size and calibre, at the very top of the building, are exceptionally rare. Experience penthouse living on a scale seldom found in Toronto's condominium market. Building Features 24/7 Concierge, valet parking and car wash.
Estimate your monthly payments for this property
Estimated Payment
$10,394.84/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 Casa Loma
Casa Loma 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 Casa Loma
- •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
Casa Loma 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.
150 Heath Street Unit 1402, 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 $1175/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.
Market Position
At 15 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. The $3472/month fees should cover building insurance, common elements, and reserve contributions.
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 3 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.
About Casa Loma
I know Casa Loma 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.