$3,895,000 - 18 Gormley Avenue, Yorkville
Detached for Sale in Yorkville
New — Listed 4 days ago- MLS Number
- C13158356
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Set along a quiet street in Deer Park, this newly built steel-frame custom home offers a refined blend of modern architecture and everyday comfort. Spanning three storeys, the home is defined by clean lines, contemporary finishes, and thoughtful functionality. With five bedrooms, five bathrooms, and beautifully appointed living spaces, it is ideally suited for family life within one of Toronto's most established and connected neighbourhoods. Natural light fills the open-concept main floor, where floor-to-ceiling windows create a seamless connection to the outdoors. The kitchen is both elegant and practical, featuring integrated appliances, custom cabinetry, and an oversized stone island with seating for four and built-in storage. The living room features a micro-cement gas fireplace, while oversized wall to wall sliding doors open to a landscaped backyard. At the front, a generous dining area is ideal for entertaining. A discreet powder room completes the level.The second floor offers three well-proportioned bedrooms, custom closets with organizers, and access to beautifully finished bathrooms. A double linen closet and a dedicated laundry space with built-in counter and hanging area enhance everyday convenience. The third level is devoted to a tranquil primary retreat set among the treetops, complete with a private terrace, skyline views, a custom walk-through closet, and a spa-inspired ensuite with heated floors, and a glass-enclosed shower. The lower level adds versatility with 10-foot ceilings, heated floors, a spacious recreation area, an additional bedroom, and a spa-like bathroom with steam shower. Outdoors, a landscaped garden and tiled patio provide a private, low-maintenance setting. An oversized detached two-car garage with rough-in for EV charging adds further convenience. Positioned moments from top private and public schools, parks, transit, and Yonge Street, this home offers a lifestyle defined by connection, comfort, and quiet sophistication.
Estimate your monthly payments for this property
Estimated Payment
$17,228.90/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.
18 Gormley Avenue, 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 $1558/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.
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.
Detached Home Advantages
Detached homes in Yorkville are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Yorkville.
Bathroom Count Matters
With 5 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 $16,229 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.