$1,999,000 - 248 Spadina Road, Yorkville
Townhouse for Sale in Yorkville
New — Listed 2 days agoNeighbourhood: Casa Loma
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- MLS Number
- C13781098
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Located just steps from Casa Loma, this Georgian-inspired townhouse in Castle Hill offers more than 3,400 square feet of living space across four and a half levels. Set well back from the street and buffered by mature landscaping, the home enjoys a quiet, private setting while remaining exceptionally well connected to the rest of the city. A large foyer with a curved staircase creates a dramatic entrance, with a rough-in already in place for an elevator. The main living room is generously proportioned with high ceilings, a gas fireplace and a walkout to a private terrace. The second level offers space for a formal dining room, along with a large eat-in kitchen with room for an additional family area. Two spacious bedrooms are located on the third floor, including a large primary suite with soaring double-height ceilings, ample closet space and a five-piece ensuite. The fourth-floor loft provides flexible additional living space and works equally well as a family room, home office or guest area. It opens onto a west-facing rooftop terrace with afternoon and evening sun and views toward Casa Loma and the downtown skyline. The lower level includes a third bedroom with ensuite, additional storage and direct access to a private two-car garage. A substantial and highly flexible home in a quiet Castle Hill setting, offering a rare opportunity to reimagine the space and create a home entirely your own. The location offers easy access to Yorkville, Summerhill, Forest Hill and downtown, with nearby transit, parks, shops, restaurants and everyday amenities all close at hand.
Estimate your monthly payments for this property
Estimated Payment
$8,842.25/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 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.
248 Spadina Road, 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 $800/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 Yorkville'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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Yorkville have shown strong appreciation as families seek more space.
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.
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.