$2,289,000 - 3 Mcalpine Street Unit 903, Yorkville
Condo for Sale in Yorkville
160 days on market- MLS Number
- C12616180
- Property Type
- Condo
- Status
- active
- Days on Site
- 160
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,250 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- Owned
- Exposure
- North East
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Pride Of Ownership! Welcome to 3 McAlpine St Unit # 903, An Inimitable & Rare Offering Two-Storey Penthouse Of The Acclaimed Domus, a Boutique mid-rise set within a quiet Yorkville enclave, surrounded by charming Victorian & Edwardian homes. This rare offering blends the sophistication of luxury condo living with the expansive feel of a contemporary urban home. With over 2200 sq. ft. of thoughtfully designed living space, this residence offers 2+1 Bed, 2.5 Bath, 2 Balconies, 2 Parking spots & a locker. Every room is filled with abundant natural light, creating a warm and inviting atmosphere. Step inside & be welcomed by soaring ceilings, open-concept living spaces, and a striking combination of arched and floor-to-ceiling windows that bathe the suite in natural light. Luxurious hardwood floors run throughout, complementing the modern design and elegant architectural details. The spacious foyer features a double closet & a well-appointed powder room. The chef's kitchen is complete with modern finishes, high-end appliances, custom backsplash & countertops, sleek cabinetry, and connects to a generous dining area, both boasting large windows and access to a balcony. The dramatic living room showcases nearly 20-foot floor-to-ceiling windows & opens to a large balcony creating an inviting, light-filled space, perfect for hosting. Anchored by a signature winding staircase, the second floor offers a primary bedroom that showcases expansive windows with arched skylights allowing abundant natural light, a beautiful 5PC ensuite, & two spacious walk-in closets. This level also offers a second bedroom, a versatile office or den space & a convenient laundry room. Steps from Yorkville, Bloor, Ramsden Park in Rosedale & The Mink Mile, enjoy the city's finest shopping, World-class restaurants & chic cafés, entertainment, transit, close to museums, galleries, and theaters, adding a cultural dimension to the shopping experience-all within walking distance.
Estimate your monthly payments for this property
Estimated Payment
$10,125.02/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.
3 Mcalpine Street Unit 903, 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
Fair Market Value
At $1017/sqft, this property is priced in line with current Yorkville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 160 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.
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.
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 $9,538 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.