$1,395,000 - 7B Clarendon Avenue, Yorkville
Condo for Sale in Yorkville
New — Listed yesterday- MLS Number
- C13455094
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,600 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- Ensuite
- Exposure
- North South
- Balcony
- Juliette
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
A special offering in highly desirable South Hill, this unique two-level residence is tucked away on a beautiful tree-lined residential street. One of just eight suites in a quiet, well-managed boutique condominium, 7B Clarendon is a rare and highly sought-after main-floor unit. Opportunities to purchase a main-level suite in this building are exceptionally uncommon, offering the ease of direct access with no stairs to climb, along with the space, comfort, and privacy more often associated with a house than a condominium.The thoughtfully designed layout features generous principal rooms, including elegant living and dining areas, a professionally designed kitchen with abundant storage, and two spacious bedrooms, including a primary suite with a wall of closets and a four-piece ensuite. Hardwood floors, panelled dining room walls, and refined architectural details evoke the character and sophistication of a classic home.The lower level provides exceptional flexibility. Currently integrated into the residence, it features a separate entrance, full kitchen, and private terrace, creating an ideal opportunity for a guest suite, nanny suite, home office, or self-contained income-generating accommodation. Excellent schools such as Brown Junior Public School, The Mabin School, UCC and BSS are all steps away, as are parks, ravine, and shopping and restaurants at Yonge and St Clair and Forest Hill Village. Combining the convenience of condominium living with the scale, versatility, and easy accessibility of a house, this is a truly rare offering in one of the city's most desirable neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$6,170.56/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.
7B Clarendon Avenue, 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 $872/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.
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.
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.
Bathroom Count Matters
With 3 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 $5,813 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.