$799,000 - 380 Macpherson Avenue Unit 209, Yorkville
Condo for Sale in Yorkville
46 days on marketNeighbourhood: Casa Loma
- MLS Number
- C13164702
- Property Type
- Condo
- Status
- active
- Days on Site
- 46
- Bedrooms
- 1
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Madison Avenue Lofts, Suite 209 at 380 Macpherson offers a rare, design-forward take on authentic loft living-where scale, texture, and light come together with quiet intention. Soaring 14-foot ceilings and expansive windows define the space, while exposed concrete, steel ductwork, and industrial detailing create a refined architectural backdrop. A custom floor-to-ceiling bookshelf wall-complete with a sliding ladder-anchors the main living area, introducing both function and statement in equal measure. Originally designed as a two-bedroom, the residence has been thoughtfully reimagined into a generous one-bedroom with an expansive open-concept great room. The living and dining areas flow effortlessly, offering flexibility for both everyday living and elevated entertaining. The kitchen is sleek and modern, finished with stainless steel appliances and a breakfast bar that integrates seamlessly into the space. The primary suite is quietly set apart, framed by a full wall of windows and complemented by its own private balcony, ample closet space, and a well-appointed four-piece ensuite. A second full bathroom adds convenience for guests. Two large balconies extend the living experience outdoors, offering multiple moments to step away and take in the surrounding cityscape. Residents enjoy access to a curated collection of amenities, including a rooftop terrace with unobstructed views toward Casa Loma, complete with BBQs and lounge areas designed for long summer evenings. Additional offerings include a fitness centre, theatre room, party spaces, and concierge service. Underground parking and a second-floor locker are included, with bike storage conveniently located on P1. A rare offering in one of Toronto's most distinctive loft conversions-effortless, architectural, and quietly iconic.
Estimate your monthly payments for this property
Estimated Payment
$4,099.28/mo
Includes CMHC insurance ($22,292)
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.
380 Macpherson Avenue Unit 209, Annex / Yorkville / Summerhill
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Rental income estimator & ROI calculator
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 $999/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 46 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.
Efficient Living
At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.
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 $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.