$2,480,000 - 150 Heath Street Unit 603/604, Yorkville
Condo for Sale in Yorkville
Popular Listing- MLS Number
- C13232338
- Property Type
- Condo
- Status
- active
- Days on Site
- 10
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- Owned
- Exposure
- South West
- Balcony
- Terrace
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Just refreshed,, so see it again for the first time! 150 Heath St W is a refined luxury condominium property in mid-town Toronto. It is located in a walkable, desirable & affluent area where the neighbourhoods of Forest Hill South & Casa Loma meet, just a block south of Upper Canada College (UCC) and just a 4 block walk to Bishop Strachan School (BSS), 2 very prominent private boys' and girls' schools. Bus transit to the Bloor St Subway is out front, or it's about a 10-15 minute walk to the Yonge Street Subway at St. Clair Ave. It's also about a 10 minute walk to the shops & cafes of Forest Hill Village. Recently, the building underwent thorough improvements and upgrades inside & out, including extensive new landscaping. There are views to the South, West, & North in 603/604, so there is light in this apartment; lots of light! A Reserve Fund Assessment to be assumed by Buyer.and some needed bathroom upgrades have been figured into the pricing. An onsite Building Manager can make a substantial difference in day-to-day living in a condominium building, and at 150 Heath there is a reliable, dedicated, and experienced Building Manager who provides very good service and takes very good care. The living room is 625 sq ft so it could be a living rm / dining rm combination, leaving the dining room to be a family room.
Estimate your monthly payments for this property
Estimated Payment
$10,969.88/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 / Yorkville / Summerhill
Annex / Yorkville / Summerhill 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 / Yorkville / Summerhill
- •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 / Yorkville / Summerhill 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.
150 Heath Street Unit 603/604, Annex / Yorkville / Summerhill
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Fair Market Value
At $827/sqft, this property is priced in line with current Yorkville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $10,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.