$2,289,000 - 3 Mcalpine Street Unit PH 903, Yorkville
Condo for Sale in Yorkville
119 days on market- MLS Number
- C12864996
- Property Type
- Condo
- Status
- active
- Days on Site
- 119
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,250 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- Owned
- Exposure
- North East
- Balcony
- Terrace
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Experience luxury in this exceptionally renovated penthouse, exquisitely reimagined to evoke the refined elegance & glamour of a Manhattan home in the sky. Nestled in Yorkville -Toronto's most coveted enclave of high-end fashion &world-class dining, this prestigious suite offers an elevated urban lifestyle. Thoughtfully re-designed with an emphasis on space, light & premium materials, this expansive 2-storey penthouse with 3 bedrooms & 3 renovated bathrooms, impresses with 2,256 sq ft of sophisticated interior living space. Enter through a gracious foyer into a luminous interior where an architectural staircase makes a statement & abundant natural light create an atmosphere of calm & grandeur. Wide plank 6.5" white oak engineered hardwood floors extend throughout, enhanced by dramatic arched & floor-to-ceiling windows that frame the city skyline. The designer kitchen features Caesarstone counters, a micro cement concrete finished backsplash, top-tier appliances (Liebherr, Gaggenau & Fisher & Paykel) & custom cabinetry tailored for both culinary passion & curated entertaining. Elegant transitions between spaces make every corner feel intentional & luxurious. The family room has dramatic double height 18'6" ft ceilings, a walkout to the terrace & a separate space that could be partitioned off to create a main floor office. Upstairs, a generous primary suite features wrap-around windows, 2 walk-in closets & an oversized spa-like bathroom with a soaker tub, double vanities & a custom glass shower ensuring comfort without compromise. 2 additional bedrooms & a renovated 3 pc bathroom complete the 2nd floor. Step onto your private balconies -these outdoor living spaces provide the perfect backdrop for morning coffee or evening soirées. With 2 parking spots, a locker, & access to building amenities, this residence is an exceptional opportunity for the discerning buyer seeking turnkey elegance, architectural character & the unmistakable feel of a penthouse in the sky.
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 PH 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 119 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.
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 Yorkville. Good resale value as demand remains consistent.
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.