Condo of the Week: $980,000 for a one-bedroom suite in a well-known Yorkville building

Condo of the Week: $980,000 for a one-bedroom suite in a well-known Yorkville building

toronto-condo-of-the-week-38-avenue-road-intro

Address: 38 Avenue Road, Suite 403
Neighbourhood: Yorkville
Agent: Boris Kholodov, Royal LePage, Johnston and Daniel Division, Brokerage
Price: $979,000

The Place: A spacious one-bedroom flat in a landmark Yorkville development.

The History: The Prince Arthur, an imposing building with an impressive archway, is going on 20 years old—meaning this suite’s open-concept layout was ahead of its time. The current owner likes to cook, so he recently added new kitchen countertops, purchased new and expensive appliances and even had a gas line installed.

Big Selling Point: The attentive concierges are happy to retrieve cars, but for everyday shopping the owner shouldn’t need to drive at all. Whole Foods is right across the street, and so is Yorkville’s commercial strip.

Possible Deal Breaker: The unit has just a Juliet balcony, and there’s no shared outdoor space beyond a courtyard. Then again, who needs a terrace when the patios at One and La Société are just around the corner?

By The Numbers:

• $979,000
• 1,225 square feet
• $1,133 in monthly maintenance fees
• 9-foot ceilings
• 2 bathrooms
• 1 bedroom
• 1 parking space
• 1 den