609 Avenue Road Unit 707, Toronto C02

Price: $1,228,000

3 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: C13160108

Spectacular one-of-a-kind customized sun-filled corner suite designed by Ali Budd Interiors, featuring designer finishes and too many upgrades to list. This rare residence offers a grand open-concept layout with impeccable attention to detail, creating the perfect balance of elegance, comfort, and functionality. Located on the edge of prestigious Forest Hill, this incredible residence feels like stepping into a top-tier luxury hotel. Super deluxe upgraded and next to new, the suite showcases massive wraparound windows that flood the space with exceptional natural sunlight. Designed for both entertaining and everyday living, the suite features a custom banquette dining area, custom closets, renovated washrooms, exquisite custom trim work, custom kitchen island, and thoughtfully designed living spaces that blend sophistication with warmth. From the moment you step inside, you will instantly feel at home. Ideally situated in one of Toronto's most sought-after neighborhoods, within walking distance to Upper Canada College and Bishop Strachan School, and surrounded by the city's finest amenities, dining, and lifestyle offerings.

609 Avenue Road Unit 707 - Condo photo 1 of 30 in Annex / Yorkville / Summerhill, Ontario
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New Listing
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$1,228,000 - 609 Avenue Road Unit 707, Yorkville

Condo for Sale in Yorkville

New — Listed 3 days ago
3Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
C13160108
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Annex / Yorkville / Summerhill
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
FIRST CLASS REALTY INC.
Description

Spectacular one-of-a-kind customized sun-filled corner suite designed by Ali Budd Interiors, featuring designer finishes and too many upgrades to list. This rare residence offers a grand open-concept layout with impeccable attention to detail, creating the perfect balance of elegance, comfort, and functionality. Located on the edge of prestigious Forest Hill, this incredible residence feels like stepping into a top-tier luxury hotel. Super deluxe upgraded and next to new, the suite showcases massive wraparound windows that flood the space with exceptional natural sunlight. Designed for both entertaining and everyday living, the suite features a custom banquette dining area, custom closets, renovated washrooms, exquisite custom trim work, custom kitchen island, and thoughtfully designed living spaces that blend sophistication with warmth. From the moment you step inside, you will instantly feel at home. Ideally situated in one of Toronto's most sought-after neighborhoods, within walking distance to Upper Canada College and Bishop Strachan School, and surrounded by the city's finest amenities, dining, and lifestyle offerings.

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Estimated Payment

$5,431.86/mo

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5-yr fixed avg.

Principal: $982,400Interest: $647,157
Mortgage Amount$982,400
Total Interest$647,157
Est. Property Tax$870/mo
Total Cost$1,629,557

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.

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Neighbourhood Guide: Annex / Yorkville / Summerhill

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

609 Avenue Road Unit 707, Annex / Yorkville / Summerhill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$520
Property Tax (est.)-$870
Insurance (est.)-$256
Net Cash Flow+$954

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1535/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Yorkville's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $5,117 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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