$975,000 - 501 St. Clair Avenue Unit 1105, Yorkville
Condo for Sale in Yorkville
98 days on market- MLS Number
- C12866362
- Property Type
- Condo
- Status
- active
- Days on Site
- 98
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- Owned
- Exposure
- South East
- Balcony
- Terrace
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
A sun-filled corner residence with sweeping south and southeast exposure, offering abundant natural light through expansive floor-to-ceiling windows throughout. Approximately 865 sq. ft. of thoughtfully planned interior living space is complemented by a rare 316 sq. ft. wrap around terrace, creating an impressive 1,181 sq. ft. of total living space ideal for both everyday comfort and entertaining. The well-designed layout includes two bedrooms plus a versatile den, two full bathrooms, and hardwood flooring throughout. The open-concept kitchen is finished with integrated stainless steel appliances and a gas cooktop, making it equally suited for daily use and hosting. Step out to the oversized balcony with a gas line and BBQ, providing seamless indoor-outdoor living and unobstructed open views. Additional features include custom closet built-ins, premium parking, and a locker conveniently located adjacent to the parking space, offering both comfort and practicality. This intimate, luxury boutique building delivers a refined living experience with full-service amenities while maintaining a quieter, more exclusive atmosphere than larger towers. Amenities include 24-hour concierge service, a well-equipped fitness centre with separate saunas, private theatre, library and study spaces, billiards and party rooms, guest suites, and a rooftop infinity pool with panoramic lake and city skyline views. Set within the Casa Loma and Forest Hill corridor, the location offers an exceptional lifestylewith direct subway access at St. Clair West, walkable cafés and fine dining, curated localshops, and immediate access to ravine trails, parks, and the historic Casa Loma grounds. A rareopportunity to enjoy luxury boutique condominium living in one of Toronto's most establishedand prestigious neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$5,002.26/mo
Includes CMHC insurance ($27,203)
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.
501 St. Clair Avenue Unit 1105, 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 $1219/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 98 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.
Efficient Living
At 800 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $4,063 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.