$599,000 - 380 Macpherson Avenue Unit 227, Yorkville
Condo for Sale in Yorkville
New — Listed yesterdayNeighbourhood: Casa Loma
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- MLS Number
- C13868756
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Taxes (2025)
- $2,775
- Maintenance Fees
- $675/mo
- Locker
- Owned
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Welcome to Madison Avenue Lofts, where authentic loft character meets one of Toronto's most sought-after neighbourhoods. This thoughtfully designed suite makes an immediate impression with 14-ft ceilings, oversized windows and industrial details that give the space its unmistakable loft feel. The open-concept layout makes smart use of every inch, with plenty of natural light and a comfortable flow for everyday living. Beyond the suite, this is a building with a true sense of community - the kind of place where familiar faces and friendly neighbours make it feel like home. Tucked along Macpherson Avenue, a calm residential street that feels removed from the downtown rush, yet keeps some of Toronto's best neighbourhoods within easy reach. Walk to Casa Loma, The Annex, Yorkville, shops, restaurants, parks and Dupont subway station. Building amenities include concierge, fitness centre, party room, rooftop terrace with BBQs, Communal Herb and Vegetable Garden, steam room, visitor parking, and bike storage. Authentic loft living, an incredible location and a building people genuinely love to call home. Even your parking spot works harder, complete with its own built-in bike rack. Included in Maintence fees is High Speed Fibre Internet for uninterrupted service.
Estimate your monthly payments for this property
Estimated Payment
$3,073.18/mo
Includes CMHC insurance ($16,712)
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 227, 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 $998/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.
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.
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. The $675/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 600 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 $2,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.