$3,698,000 - 21 Austin Terrace, Yorkville
Detached for Sale in Yorkville
56 days on market- MLS Number
- C13022232
- Property Type
- Detached
- Status
- active
- Days on Site
- 56
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to an exceptional, fully reimagined residence on one of Casa Loma's most distinguished streets. This stately detached brick home has been meticulously renovated throughout, offering over 4+1 bedrooms and 4 bathrooms of thoughtfully designed living space where timeless architecture meets modern sophistication. Behind its gorgeous curb appeal, the home reveals refined interiors with elegant proportions, premium finishes, and a seamless flow tailored for both elevated entertaining and everyday living. The designer kitchen anchors the main level, effortlessly connecting to a private, maintenance-free backyard retreat that's an ideal setting for intimate gatherings or relaxed outdoor living. The upper level offers generously scaled bedrooms, including a serene primary suite, while the finished lower level provides exceptional flexibility for guests, a home office, or additional family space. A rare offering in this coveted enclave, the property features four car parking. Perfectly positioned just moments from top-tier schools, lush parks, transit, and the iconic Casa Loma. This is a turnkey opportunity to own a refined home in one of Toronto's most prestigious and architecturally rich neighbourhoods.
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Estimated Payment
$16,357.50/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.
21 Austin Terrace, 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 $1479/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 56 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.
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 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 $15,408 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.