$775,000 - 863 St Clair Avenue Unit 206, Yorkville
Condo for Sale in Yorkville
32 days on market- MLS Number
- C13133456
- Property Type
- Condo
- Status
- active
- Days on Site
- 32
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- SAGE REAL ESTATE LIMITED
Discover True Urban Luxury at Monza Condos in St. Clair West Monza Condos redefines boutique living in Toronto's coveted St. Clair West and Wychwood Park neighbourhoods. This beautifully appointed 719 sq ft suite offers two spacious bedrooms, two stylish bathrooms, and a dedicated study, all within an open-concept layout designed for modern living. Every detail of this suite has been meticulously crafted to combine comfort and elegance.Step inside and enjoy a chef-inspired kitchen outfitted with premium built-in appliances, including a sleek induction cooktop, convection oven, full-size panelled fridge, and an integrated panelled dishwasher-perfect for culinary enthusiasts. The private south-facing balcony offers a serene retreat with a sweeping city view, providing the ideal backdrop for relaxing or entertaining.Monza's upscale amenities elevate everyday living, with a state-of-the-art fitness centre and an expansive rooftop terrace offering panoramic city views. Relax in the elegant indoor lounge, fire up the BBQ, or dine al fresco in the sophisticated outdoor spaces-perfect for both intimate moments or grand gatherings.For a limited time, exclusive summer incentives make your transition to Monza effortless and rewarding. With up to $75,000 in buyer incentives, discounted pricing, and a seamless closing process, now is the perfect time to secure your place in one of Toronto's most desirable addresses. Book your private tour today and experience the luxurious lifestyle that awaits you.
Estimate your monthly payments for this property
Estimated Payment
$3,976.15/mo
Includes CMHC insurance ($21,623)
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.
863 St Clair Avenue Unit 206, 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 $1107/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 32 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.
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 $3,229 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.