$2,900,000 - 231 Macpherson Avenue, Yorkville
Detached for Sale in Yorkville
61 days on market- MLS Number
- C13005542
- Property Type
- Detached
- Status
- active
- Days on Site
- 61
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Listing Brokerage
- RE/MAX REALTRON BARRY COHEN HOMES INC.
Stunning, Newly Renovated Three-Storey Modern Residence In Prime Summerhill. Just Steps From Vibrant Avenue Road. Engineered White Oak Hardwood, Italian Porcelain Tiles, And High-End Finishes Throughout. Main Floor Features Dining Room And Living Room With Fireplace, And Gourmet Kitchen Complete With Centre Island And Spacious Breakfast Area With Walkout To The Rear Garden. A Custom White Oak Staircase With Modern Acrylic Railing Leads To The 2nd Floor Featuring Two Large Bedrooms, A 6-Piece Semi-Ensuite Plus Convenient Upper Level Laundry Room. Natural Light Floods The Home Through The Majestic Skylight On The 3rd Floor Where The Primary Bedroom Offers The Ultimate Retreat With A Sprawling Walk-In Closet And Spa-Like 4-Piece Ensuite. A Fourth Bedroom Plus Additional Bathroom Complete The Level. The Partially Finished Lower Level With Powder Room Provides The Perfect Space For Your Future Custom Rec Room, Wine Room, Or Theatre Room Design. Low-Maintenance Exterior, Offering A Convenient 2-Car Private Drive, Fully Fenced Rear Garden Complete With Wood Deck Plus Fire Pit Surrounded By Mature Trees. Conveniently Located Within Walking Distance Of Dupont Station, Public Transit, Parks, Shops And Restaurants Of Summerhill And Yorkville.
Estimate your monthly payments for this property
Estimated Payment
$12,827.68/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.
231 Macpherson Avenue, Annex / Yorkville / Summerhill
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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
Premium Pricing
At $1450/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 61 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 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 $12,083 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.