914 Yonge Street Unit 1506, Toronto C02

Price: $499,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: C13165406

This is your opportunity to own a spacious and sun-filled 1 bedroom + den residence in the heart of Yorkville, perfectly positioned just steps from Bloor-Yonge, world-class shopping, luxury boutiques, top-rated restaurants, cafés, transit, and everything that makes this one of Toronto's most prestigious and sought-after neighbourhoods. Offering a smart, functional layout with no wasted space, this beautifully maintained suite features a generously sized bedroom, a versatile enclosed den ideal for a home office or a walk-in closet, and a bright spacious living area framed by large windows and unobstructed west-facing views that flood the unit with natural light throughout the day. Enjoy breathtaking sunsets from your private open balcony while taking in the clear unobstructive city skyline views. Recently refreshed with new paint and updated light fixtures, the unit is completely livable as-is while also presenting incredible potential for a buyer looking to renovate and customize to modern tastes. Adding even more value, the experienced seller - who specializes in property management and development - is willing to renovate the kitchen or other portions of the suite to your taste at an additional mutually agreed cost, offering buyers a rare opportunity to upgrade efficiently and cost-effectively before move-in. Located in a secure, well-managed building in one of downtown Toronto's most iconic communities, this is an ideal opportunity for end-users, investors, professionals, or anyone looking for a premium location with long-term upside and unbeatable lifestyle convenience. Maintenance fee include all utilities, making ownership even more attractive and predictable. A rare chance to own a spacious Yorkville condo with incredible layout, views, natural light, and renovation potential in a location that will never go out of style! *Parking & Lockers available for rent in the building provided by building management.*

914 Yonge Street Unit 1506 - Condo photo 1 of 26 in Annex / Yorkville / Summerhill, Ontario
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active
New Listing
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$499,000 - 914 Yonge Street Unit 1506, Yorkville

Condo for Sale in Yorkville

New — Listed 3 days ago
2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
C13165406
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Annex / Yorkville / Summerhill
Locker
Common
Exposure
West
Balcony
Open
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

This is your opportunity to own a spacious and sun-filled 1 bedroom + den residence in the heart of Yorkville, perfectly positioned just steps from Bloor-Yonge, world-class shopping, luxury boutiques, top-rated restaurants, cafés, transit, and everything that makes this one of Toronto's most prestigious and sought-after neighbourhoods. Offering a smart, functional layout with no wasted space, this beautifully maintained suite features a generously sized bedroom, a versatile enclosed den ideal for a home office or a walk-in closet, and a bright spacious living area framed by large windows and unobstructed west-facing views that flood the unit with natural light throughout the day. Enjoy breathtaking sunsets from your private open balcony while taking in the clear unobstructive city skyline views. Recently refreshed with new paint and updated light fixtures, the unit is completely livable as-is while also presenting incredible potential for a buyer looking to renovate and customize to modern tastes. Adding even more value, the experienced seller - who specializes in property management and development - is willing to renovate the kitchen or other portions of the suite to your taste at an additional mutually agreed cost, offering buyers a rare opportunity to upgrade efficiently and cost-effectively before move-in. Located in a secure, well-managed building in one of downtown Toronto's most iconic communities, this is an ideal opportunity for end-users, investors, professionals, or anyone looking for a premium location with long-term upside and unbeatable lifestyle convenience. Maintenance fee include all utilities, making ownership even more attractive and predictable. A rare chance to own a spacious Yorkville condo with incredible layout, views, natural light, and renovation potential in a location that will never go out of style! *Parking & Lockers available for rent in the building provided by building management.*

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

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5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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

914 Yonge Street Unit 1506, Annex / Yorkville / Summerhill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,288

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

Competitive Pricing

At $713/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

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 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.

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.

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