980 Yonge Street Unit 205, Toronto C02

Price: $749,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: C13430054

Welcome to Sophisticated City Living in one of Toronto's Most Coveted Locations. This Beautifully Renovated Corner Suite Offers 1150 ft2 of Elegant, Light-Filled Living Space in a Prestigious Boutique Building, Perfectly Positioned Between Rosedale and Yorkville. Designed With Both Style and Function in Mind, This Spacious 2-Bedroom, 2-Bathroom Residence Features a Desirable Split-Bedroom Floor Plan, Soaring 9-foot Ceilings, and Oversized Windows That Flood this Suite with Natural Light Throughout the Day. Generously Proportioned Principal Rooms Easily Accommodate Full-Sized Furnishings, Creating a Sense of Comfort Rarely Found in Condominium Living. This Contemporary Renovation Has Transformed the Suite With a Custom-Designed Kitchen, Premium Flooring, Updated Interior Doors, Pot Lighting, and Two Beautifully Renovated Bathrooms. The Spacious Primary Retreat Features a Dressing Area With Two Double Closets and a 4-piece Ensuite. A Welcoming Foyer, Generously Sized Second Bedroom With a Double Closet and Exceptional Storage Throughout Further Enhances the Thoughtful Layout. Residents Enjoy the Services and Amenities of This Elegant Building, Including a 24-Hour Concierge, Rooftop Terrace With BBQs, Fitness Centre, Party Room, Bike Storage, and Visitor Parking. The Location is Unmatched. Across the Street From Rosedale Subway Station and Just Steps to Ramsden Park & Scenic Trails. You'll Enjoy Effortless Access to the Shops, Cafés and Acclaimed Restaurants of Yorkville, Rosedale & Summerhill. Convenient Access to the DVP Makes Commuting a Breeze. One Underground Parking Space and Locker are Included.

980 Yonge Street Unit 205 - Condo photo 1 of 28 in Annex / Yorkville / Summerhill, Ontario
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active
New Listing
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$749,000 - 980 Yonge Street Unit 205, Yorkville

Condo for Sale in Yorkville

New — Listed 2 days ago
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
C13430054
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Annex / Yorkville / Summerhill
Locker
Exclusive
Exposure
North East
Balcony
None
Listing Brokerage
SAGE REAL ESTATE LIMITED
Description

Welcome to Sophisticated City Living in one of Toronto's Most Coveted Locations. This Beautifully Renovated Corner Suite Offers 1150 ft2 of Elegant, Light-Filled Living Space in a Prestigious Boutique Building, Perfectly Positioned Between Rosedale and Yorkville. Designed With Both Style and Function in Mind, This Spacious 2-Bedroom, 2-Bathroom Residence Features a Desirable Split-Bedroom Floor Plan, Soaring 9-foot Ceilings, and Oversized Windows That Flood this Suite with Natural Light Throughout the Day. Generously Proportioned Principal Rooms Easily Accommodate Full-Sized Furnishings, Creating a Sense of Comfort Rarely Found in Condominium Living. This Contemporary Renovation Has Transformed the Suite With a Custom-Designed Kitchen, Premium Flooring, Updated Interior Doors, Pot Lighting, and Two Beautifully Renovated Bathrooms. The Spacious Primary Retreat Features a Dressing Area With Two Double Closets and a 4-piece Ensuite. A Welcoming Foyer, Generously Sized Second Bedroom With a Double Closet and Exceptional Storage Throughout Further Enhances the Thoughtful Layout. Residents Enjoy the Services and Amenities of This Elegant Building, Including a 24-Hour Concierge, Rooftop Terrace With BBQs, Fitness Centre, Party Room, Bike Storage, and Visitor Parking. The Location is Unmatched. Across the Street From Rosedale Subway Station and Just Steps to Ramsden Park & Scenic Trails. You'll Enjoy Effortless Access to the Shops, Cafés and Acclaimed Restaurants of Yorkville, Rosedale & Summerhill. Convenient Access to the DVP Makes Commuting a Breeze. One Underground Parking Space and Locker are Included.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,842.76/mo

Includes CMHC insurance ($20,897)

$
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5%10%50%

5-yr fixed avg.

Principal: $674,100Interest: $457,830
Mortgage Amount$694,997
Total Interest$457,830
Est. Property Tax$531/mo
Total Cost$1,152,827

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

980 Yonge Street Unit 205, Annex / Yorkville / Summerhill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$1,023

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 $749/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.

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 $3,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    980 Yonge Street Unit 205, Anne… — $749,000 | Battaglia Team