$1,049,000 - 16 McAdam Avenue Unit PH904, York
Condo for Sale in York
New — Listed 7 days agoNeighbourhood: Yorkdale-Glen Park
- MLS Number
- W13505604
- Property Type
- Condo
- Status
- active
- Days on Site
- 7
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,600 sqft
- Neighbourhood
- York / Weston
- Locker
- Owned
- Exposure
- South East
- Balcony
- Terrace
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Welcome to the penthouse you've been waiting for. Perched atop a boutique building, this stunning 3-Bedroom + Den, 2 Full Bath residence offers 1,623 sq ft of beautifully renovated, sun-drenched living space - all wrapped in a show-stopping wrap-around balcony made for entertaining.Soaring high ceilings and floor-to-ceiling windows flood every room with natural light, while sleek porcelain floors flow seamlessly throughout, adding a refined, contemporary elegance underfoot. Automated blinds offer effortless ambiance control, complementing the upscale finishes at every turn.At the heart of the home sits a chef-inspired kitchen featuring a striking island and premium finishes - perfect for hosting or simply enjoying the finer things. The functional layout maximizes every square foot, with generous storage throughout, ensuite laundry, and two private lockers for ultimate organization and convenience.Park with ease with a rare tandem spot accommodating two vehicles - a true urban luxury that's nearly impossible to find at this level.Step outside and you're directly across from Yorkdale Shopping Centre with effortless access to transit, top-tier dining, and everything the city has to offer. A standout opportunity for investors as well: the current tenant is on a fixed lease through July 2027, paying market rent and has been an excellent, reliable tenant - offering immediate, hassle-free income with no lease-up period, vacancy risk, or rent adjustment needed before the lease term ends. Meticulously upgraded, thoughtfully designed, and priced to sell - this is the rare penthouse that delivers on every front. Space, style, location, and value all under one roof. Opportunities like this don't come twice.Pictures taken prior to existing Tenant moving in. Tenant leaves July 2027. Some pictures have been virtually stagged.
Estimate your monthly payments for this property
Estimated Payment
$4,640.08/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 Yorkdale-Glen Park
Yorkdale-Glen Park 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 Yorkdale-Glen Park
- •Convenient location in York / Weston
- •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
Yorkdale-Glen Park 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.
16 McAdam Avenue Unit PH904, York / Weston
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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 $656/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.
Just Listed - Act Strategically
This property hit the market within the last week. In York'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. We'll want to verify the monthly fees and what they include.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to York. Good resale value as demand remains consistent.
About Yorkdale-Glen Park
I know Yorkdale-Glen Park 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: York properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,371 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.