$1,249,000 - 423 Avenue Road Unit 8, Yorkville
Condo for Sale in Yorkville
New — Listed 7 days agoNeighbourhood: Yonge-St. Clair
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- MLS Number
- C13877116
- Property Type
- Condo
- Status
- active
- Days on Site
- 7
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,800 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Taxes (2026)
- $6,069
- Maintenance Fees
- $2,949/mo
- Locker
- Exclusive
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES OXLEY REAL ESTAT
Discreet full-floor living with exceptional skyline views. One of just fourteen residences at 423 Avenue Road, Suite 8 offers an intimate boutique setting in Toronto's sought-after Summerhill neighbourhood. Direct elevator access opens to a gracious foyer, introducing light-filled interiors defined by generous proportions, thoughtful design and refined contemporary finishes.Spanning the length of the building, the open-concept living, dining, kitchen and solarium spaces create an inviting setting for quiet evenings and entertaining alike. Oversized windows frame Toronto's iconic skyline, while wide-plank hardwood, an EcoSmart fireplace and custom built-ins lend warmth and character. The beautifully appointed kitchen pairs distinctive cabinetry and Caesarstone surfaces with integrated Miele appliances. A nine-foot island anchors the space, offering ample room for casual dining and conversation.The spacious primary retreat accommodates a king-sized bed and sitting area, complemented by two walk-in closets and a five-piece ensuite. A versatile second bedroom/den features a built-in Murphy bed and custom storage, with an adjoining three-piece ensuite and generous walk-in shower. Bathed in natural light, the solarium offers heated floors and an ideal setting for a home office or a peaceful place to unwind.Thoughtfully integrated storage, pocket doors and ensuite laundry enhance everyday comfort, while an underground parking space and storage locker offer added convenience. An elegant city residence-a private sanctuary with Toronto's gorgeous skyline as its backdrop.
Estimate your monthly payments for this property
Estimated Payment
$5,524.75/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 $694/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.
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 $2949/month fees should cover building insurance, common elements, and reserve contributions.
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 $5,204 (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.