$3,850,000 - 61 St Clair Avenue Unit 1101, Yorkville
Condo for Sale in Yorkville
Neighbourhood: Yonge-St. Clair
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- MLS Number
- C13814642
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Taxes (2026)
- $13,313
- Maintenance Fees
- $3,522/mo
- Locker
- Exclusive
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Spectacular south-facing views, exceptional scale & sophisticated renovation define this extraordinary 2 bed + den, 2 bath residence in the heart of Yonge-St Clair! Offering approximately 2,512 sf of beautifully renovated living space, Suite 1101 delivers the rare combination of expansive proportions, abundant natural light, incredible storage & unobstructed views of the downtown skyline. Huge picture windows frame the cityscape, while 4 walk-outs lead to 2 south-facing balconies overlooking the serene grounds of St. Michael's Cemetery. The open concept principal rooms are designed equally for elegant entertaining & comfortable everyday living. A spacious living room features a built-in fireplace with a clever concealed television panel, while the generous dining room easily accommodates family & friends, complemented by a separate breakfast area for more casual dining. The exceptional chef's kitchen offers extensive custom cabinetry, abundant counter space & a built-in desk, plus a huge walk-in pantry with double pocket doors & exceptional storage. A separate servery with built-in wine fridge adds both function & style. The versatile den is enclosed by pocket doors & features built-in display shelving & an entertainment unit - ideal as a home office, family room or additional bedroom. A desirable split-bedroom layout provides privacy. The spacious primary suite features an extraordinary amount of storage with two walk-in closets, a double-door closet & an additional single closet. The luxurious 5-pc ensuite includes double sinks, a large glass-enclosed walk-in shower & soaker tub. The generous 2nd bedroom features its own renovated 3-pc ensuite. Set within a prestigious luxury building with a newly renovated lobby, fabulous concierge, indoor pool, sauna, party room & ample visitor parking. An unbeatable midtown location just steps to the subway, shops, restaurants & the B&R. A truly exceptional opportunity to enjoy expansive, turnkey living in the heart of midtown.
Estimate your monthly payments for this property
Estimated Payment
$17,029.85/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.
61 St Clair Avenue Unit 1101, 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
Premium Pricing
At $1540/sqft, this property is priced above the Yorkville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 15 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. The $3522/month fees should cover building insurance, common elements, and reserve contributions.
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 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 $16,042 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.