$2,100,000 - 407 Walmer Road Unit 501, Yorkville
Condo for Sale in Yorkville
New — Listed 5 days agoNeighbourhood: Casa Loma
- MLS Number
- C13686648
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- Exclusive
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
A view that will leave you speechless! Immaculate Suite In An Exclusive Boutique Building In The Heart Of Forest Hill. With Only 14 Suites And Just 2 Per Floor, This Residence Offers Exceptional Privacy And Prestigious Living. Enjoy Stunning South-Facing Views Over Nordheimer Ravine From The Expansive Balcony. Offering Approximately 2,190 Sq.Ft. Of Luxurious Living Space, This Beautifully Maintained Suite Features 2 Bedrooms, A Spacious Family Room, Elegant Dining Room, Large Living Room, Functional Kitchen, And An Enclosed Second Balcony Currently Used As A Home Office. Filled With Cascading Natural Light, The Suite Showcases Extensive Built-Ins, Generous Storage Throughout, And A Large Laundry Room Complete With Abundant Cabinetry, Sink, And Samsung Stackable Washer/Dryer. Lovingly Maintained For Over 40 Years. The Family Room Can Easily Be Converted Back To A 3rd Bedroom. Building Features Gym and Sauna. Ideally Located With Easy Access To Two Side-By-Side Parking Spaces In A Prime Garage Location. Enjoy Spectacular City Skyline And CN Tower Views, All Within Walking Distance To Forest Hill Shops, Loblaws, Restaurants, And Top Private & Public Schools Including Upper Canada College, Bishop Strachan School, Forest Hill Collegiate Institute, and Forest Hill Public School.
Estimate your monthly payments for this property
Estimated Payment
$9,289.01/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 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.
407 Walmer Road Unit 501, 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 $1050/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. 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.
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 $8,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.