$1,999,900 - 26 Bishop Street, Yorkville
Detached for Sale in Yorkville
126 days on market- MLS Number
- C12838180
- Property Type
- Detached
- Status
- active
- Days on Site
- 126
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Location truly is everything and 26 Bishop Street delivers. Tucked away on a quiet no through traffic street with the added luxury of a private driveway. This home is a secluded urban retreat, just steps from the boutiques, cafés, and cultural energy of Yorkville. Walk to the University of Toronto, top-rated schools, two subway lines, and the iconic Bloor and Yonge corridors. This never lived in rebuild features a bright, open concept main floor with 9+ foot ceilings through out the living, dining, and kitchen areas, creating an exceptional sense of space and flow. The flexible floor plan easily adapts to modern living. A beautiful custom kitchen is both elegant and functional, showcasing sleek cabinetry, a striking quartz waterfall island with abundant storage, and brand new high end stainless steel appliances. A walkout leads directly to a large stone patio and private fully fenced garden with a tranquil outdoor setting, perfect for entertaining. Principal rooms feature pristine natural wood flooring throughout. A stunning wood staircase with a contemporary glass railing leads to the second floor, which offers three comfortable bedrooms. The primary bedroom overlooks the rear garden and includes generous built-in storage, complemented by two additional bedrooms with closets. The lower level is beautifully finished with excellent ceiling height, waterproof flooring, a spacious recreation or family room, and a three-piece bathroom. Mechanical systems are top-of-the-line, offering peace of mind for years to come. Set in one of Toronto's most coveted neighbourhoods, this home boasts a 9.8/10 walk score and an unmatched combination of location, quality, and lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$8,846.23/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.
26 Bishop Street, 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 $1818/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.
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.
Detached Home Advantages
Detached homes in Yorkville are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
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.
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 $8,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.