$1,300,000 - 77 McMurrich Street Unit 306, Yorkville
Condo for Sale in Yorkville
Neighbourhood: Annex
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- MLS Number
- C13759614
- Property Type
- Condo
- Status
- active
- Days on Site
- 28
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Taxes (2025)
- $5,793
- Maintenance Fees
- $1,423/mo
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- BOSLEY REAL ESTATE LTD.
Elegant Boutique Living in the Heart of Downtown Welcome to sophisticated urban living in this beautifully maintained residence, ideally situated in an intimate seven-storey boutique building on a quiet, tree-lined street bordering Toronto's coveted Rosedale and Yorkville neighbourhoods. Filled with natural light, this spacious 2-bedroom, 2-bathroom + den suite offers an exceptional blend of elegance, comfort, and functionality. The versatile den, enclosed by French doors, is perfectly suited as a private home office, study, or guest room. A welcoming foyer features granite flooring and a wall-to-wall closet, leading into an inviting open-concept living and dining area with gleaming hardwood floors and a walkout to a beautifully appointed balcony. The generous primary bedroom also enjoys direct access to the balcony, creating a wonderful connection to the outdoors. The upgraded, well-appointed kitchen offers new cabinetry and ample storage, while the primary retreat is complemented by a luxurious six-piece spa-inspired ensuite, complete with a Jacuzzi tub. Both bathrooms feature elegant marble flooring. Additional conveniences include ensuite laundry, California shutters throughout, and custom-designed walk-in closets in the bedrooms. Set in one of downtown Toronto's most desirable locations, this residence is just steps from world-class shopping, five-star dining, beautiful parks, schools, and convenient transit. A rare opportunity to enjoy boutique condominium living with the cities amenities right outside your door. Of Note: The owners have secured the right to participate in the upcoming installation of the building's EVCS system. Additionally, this well managed building has recently converted to high-speed fiber and with its healthy reserve fund is preparing for renovations of the building's entrance, corridors, party room, guest suite and gym, with no need for a special assessment.
Estimate your monthly payments for this property
Estimated Payment
$5,750.34/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 Annex
Annex 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 Annex
- •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
Annex 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.
77 McMurrich Street Unit 306, 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 $1300/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 28 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 $1423/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 Annex
I know Annex 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 $5,417 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.