$695,000 - 377 Madison Avenue Unit 102, Yorkville
Condo for Sale in Yorkville
35 days on market- MLS Number
- C13112300
- Property Type
- Condo
- Status
- active
- Days on Site
- 35
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- BRAD J. LAMB REALTY 2016 INC.
Experience refined city living at South Hill in this stunning south-facing unit ideally located between the vibrant neighbourhoods of Casa Loma, the Annex, and Summerhill. Over 700 sq ft 1 bedroom + den with underground parking included. Flooded with natural light through expansive floor-to-ceiling windows, this sophisticated suite features soaring 10-foot ceilings and an exceptional 150 sq. ft. private terrace overlooking a tranquil landscaped courtyard - the perfect urban retreat. Just a 3-minute walk to Dupont Subway Station and surrounded by lush parks, Casa Loma, and Spadina Park, this location offers the perfect balance of convenience, charm, and green space. Inside, the thoughtfully designed open-concept layout showcases upgraded marble countertops and a striking centre island, sleek European-style cabinetry, and integrated premium appliances including a refrigerator, dishwasher, cooktop, built-in stainless steel oven, and microwave. The spacious den offers incredible versatility and can easily function as a dining room, home office, or guest space. The generous primary bedroom features double built-in closets with elegant glass sliding doors, while the spa-inspired bathroom invites relaxation with a deep soaker tub and luxurious finishes. Custom roller blinds and 1 underground parking space complete this exceptional offering. Enjoy first-class amenities including a fully equipped gym, yoga studio, pet spa, and 24-hour concierge service. A rare opportunity to enjoy sophisticated urban living in one of Toronto's most coveted neighbourhoods. Welcome home.
Estimate your monthly payments for this property
Estimated Payment
$3,565.71/mo
Includes CMHC insurance ($19,391)
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.
377 Madison Avenue Unit 102, 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 $993/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 35 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 $2,896 (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.