$2,200,000 - 183 Madison Avenue, Yorkville
Semi-Detached for Sale in Yorkville
68 days on market- MLS Number
- C12974732
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 68
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Listing Brokerage
- REAL ESTATE HOMEWARD
Increasingly hard to find: a true freehold with a private drive, built-in garage, and a deeplot framed by mature trees - all on one of the neighbourhood's most sought-after streets.The main floor was designed for real living. A fully renovated kitchen features white shaker cabinetry, subway tile, open wood shelving, butcher block counters, and stainless appliances - opening directly into a dining area and a sun-filled family room with walk-out to the back deck and garden. The layout flows the way it should. Upstairs, the primary bedroom is generous in scale with double closets, a private balcony, and a ensuite. Two additional bedrooms on this level offer flexibility for family, guests, or a dedicated home office.The lower level adds significant living space - a large rec room with fireplace, bedroom, a bathroom, and direct access to the rear yard. Whether you're housing extended family, hosting, or simply spreading out, the space works.Outside, the backyard is a proper urban retreat: a stone patio, raised garden beds, and a canopy of mature trees that makes the city feel far away. The front of the property is equally distinctive - brick façade, arched garage door, and interlock drive give it a presence rarely found at this price point in The Annex. Three-plus bedrooms. Three-plus bathrooms. Garage and parking. Renovated kitchen. Freehold in The Annex asking $2.2M. This is the opportunity. Some photos in this listing have been virtually staged to showcase the home's potential.
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Estimated Payment
$9,731.34/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 / 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.
183 Madison 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 $1467/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.
Negotiation Opportunity
At 68 days on site, this property has exceeded the typical selling timeline for Yorkville. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Yorkville. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 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 $9,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.