$979,000 - 346 Davenport Road Unit 403, Yorkville
Condo for Sale in Yorkville
53 days on market- MLS Number
- C13041170
- Property Type
- Condo
- Status
- active
- Days on Site
- 53
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- Owned
- Exposure
- South
- Balcony
- Enclosed
- Listing Brokerage
- ROYAL LEPAGE MACRO REALTY
Welcome to Suite 403 at 346 Davenport Road-a newly built 2023 luxury residence offering refined urban living in one of Toronto's most coveted boutique addresses. This 2-bedroom, 2-bathroom1,019 sq. ft. corner suite is thoughtfully designed to maximize light, space, and sophistication, with unobstructed south-facing views of the downtown skyline and a direct sightline to the CN Tower. The heart of the home is a bespoke Italian Scavolini kitchen, complete with premium Miele appliances including a built-in wine bar, an expansive marble island, and generous custom cabinetry offering exceptional storage and functionality. Floor-to-ceiling windows flood the open-concept living and dining space with natural light, seamlessly extending to a private balcony finished with privacy glass-perfect for morning coffee or evening city views. The primary suite offers comfort and privacy, complemented by a spa-inspired ensuite. A second well-appointed bedroom provides flexibility for guests, a home office, or investment appeal. A dedicated laundry room with a full-size Samsung front-load washer and dryer and utility sink adds everyday convenience. This rare offering includes an extra-wide parking space and private storage locker with shelving potential. Located in an exclusive boutique building at the crossroads of Yorkville, Casa Loma, and downtown Toronto, residents enjoy unmatched proximity to world-class dining, shopping, transit, and cultural landmarks. Ideal for young professionals, downsizers, or investors, this suite also presents a compelling opportunity with an existing tenant in place at $4,750/month.
Estimate your monthly payments for this property
Estimated Payment
$5,022.78/mo
Includes CMHC insurance ($27,314)
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.
346 Davenport Road Unit 403, 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
Fair Market Value
At $979/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.
Negotiation Opportunity
At 53 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.
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.
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 $4,079 (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.