$750,000 - 228 St. George Street Unit TH 15, Yorkville
Condo for Sale in Yorkville
33 days on market- MLS Number
- C13129338
- Property Type
- Condo
- Status
- active
- Days on Site
- 33
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- Exclusive
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 PERCY FULTON LTD.
Your first home in one of Toronto's most iconic neighbourhoods starts here. This warm and welcoming two-storey, two-bedroom townhome in The Annex checks every box for first-time buyers, young couples, and urban professionals looking to plant roots in the heart of the city. Move-in ready and thoughtfully laid out, the main level impresses from the start with a beautifully redesigned kitchen by Architecture Riot (2023) - a stylish, functional space that will delight anyone who loves to cook and entertain. Ensuite laundry is conveniently located on the main floor just off the kitchen, keeping everything practical and within easy reach. The living area features a cozy gas fireplace, beautiful bamboo hardwood flooring, and a walkout to your own private balcony - the perfect spot to host friends or simply unwind after a long day. Upstairs, two comfortable bedrooms and a 4-piece bathroom complete the layout.The big-ticket items are already taken care of - with a new air handler (2024) and boiler (2023), you can move in with confidence and focus on making the space your own. Parking and a private locker are included, which in downtown Toronto is a serious bonus.The location truly sets this home apart. Situated steps from the University of Toronto, this is an ideal opportunity for faculty, staff, or graduate students seeking a sophisticated home close to campus. The nearby consulates and diplomatic missions along St George and Avenue Road also make this an exceptional choice for international professionals and diplomats seeking a refined, centrally located residence. Add to that seamless TTC and subway access, the boutiques and restaurants of Yorkville, and some of the city's best museums and green spaces - and you have a address that works as hard as you do.Step into ownership - and into one of Toronto's most beloved communities.
Estimate your monthly payments for this property
Estimated Payment
$3,847.89/mo
Includes CMHC insurance ($20,925)
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.
228 St. George Street Unit TH 15, 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
Fair Market Value
At $1071/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.
Market Position
At 33 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. We'll want to verify the monthly fees and what they include.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $3,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.