$1,395,000 - 423 Avenue Road Unit 8, Yorkville
Condo for Sale in Yorkville
Popular ListingNeighbourhood: Yonge-St. Clair
- MLS Number
- C13477744
- Property Type
- Condo
- Status
- active
- Days on Site
- 14
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,800 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- Exclusive
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Looking for an exclusive, discreet luxury residence in the heart of the city? Look no further! Suite 8 at 423 Ave Rd is one of fourteen suites in this boutique building nestled in the desirable Summerhill enclave. Enjoy spectacular views of Toronto's iconic skyline while you relax or entertain friends. Sophisticated, contemporary, and stylish, this home offers exemplary craftsmanship, clever design, and functional living space. Direct elevator access opens to a gracious foyer where natural light streams through the oversized windows. The living, dining, kitchen, and solarium are open concept and span the length of the building, offering incredible vistas. Elevated finishes include wide plank hardwood flooring, grey slate tile, contemporary fixtures, stylish Zebra wood and laminate cabinets, Caesarstone counters, a nine-foot island, heated floors, a fireplace, pocket doors, built-ins, and a Murphy bed. The spacious king-sized primary bedroom features his and hers walk-in closets, a sitting area, and a spa-like five-piece ensuite. The multi-functional solarium has heated floors with natural light streaming in, perfect for relaxing or using as an office space. The second bedroom/ den offers a Murphy bed and built-ins, functional as a guest room option or a den/office. There is a spacious three-piece ensuite with a large walk-in shower. Ensuite laundry and front hall closet combine for extra storage. Enjoy the gorgeous designer kitchen with integrated top-of-the-line Miele appliances and a nine-foot island with four stools for relaxed dining while taking in the remarkable views.
Estimate your monthly payments for this property
Estimated Payment
$6,170.56/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 Yonge-St. Clair
Yonge-St. Clair 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 Yonge-St. Clair
- •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
Yonge-St. Clair 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.
423 Avenue Road Unit 8, 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
Competitive Pricing
At $775/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
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.
About Yonge-St. Clair
I know Yonge-St. Clair 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 $5,813 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.