$349,500 - 581 Avenue Road Unit 204, Yorkville
Condo for Sale in Yorkville
41 days on marketNeighbourhood: Yonge-St. Clair
- MLS Number
- C13557714
- Property Type
- Condo
- Status
- active
- Days on Site
- 41
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- Exclusive
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Your Stylish City Escape at Avenue & St. Clair! Looking for style, space, and the perfect neighbourhood vibe? This one-bedroom in a classic mid-century co-operative has it all and then some. From the moment you walk through the front doors, you'll notice the beautifully updated lobby, where original mid-century details meet a fresh, modern aesthetic. It's a welcoming first impression that sets the tone for the entire building. The location is unbeatable: morning lattes, boutique shopping, and dinner hotspots are just around the corner, with the TTC steps away to whisk you anywhere in the city. Perched on the second floor, this bright and spacious suite feels like a hidden gem. The living and dining area flows seamlessly onto a full-length balcony, perfect for cocktails at sunset or a little container garden. The oversized bedroom is a retreat of its own, with room for a king bed and more. Part of the appeal of co-op living is the strong sense of community. Residents here take pride in their building, creating a warm and welcoming atmosphere that truly feels like home. Whether you're looking for a stylish full-time residence or the ideal pied-à-terre, this is a place that blends easy living with timeless mid-century charm, right in the heart of the city. (Please note that maintenance fees include property taxes)
Estimate your monthly payments for this property
Estimated Payment
$1,793.12/mo
Includes CMHC insurance ($9,751)
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.
581 Avenue Road Unit 204, 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 $499/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.
Market Position
At 41 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 700 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 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.
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.