PH01-15 Mcmurrich Street, Toronto, ON

Annex, Toronto · MLS® C13530742

$1,149,000
For Sale
Listed 15 days ago
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3Bedrooms
2Bathrooms
1Garage
1800-1999Sq Ft

About this home

Welcome to Penthouse 01 at 15 McMurrich Street, a rare opportunity to own a spacious true three-bedroom residence in one of Yorkville's most coveted boutique buildings. Offering approximately 1,937 square feet of beautifully appointed living space, this exceptional suite features generous principal rooms, rich hardwood floors, abundant storage, and beautifully renovated bathrooms throughout.Designed for both comfortable living and entertaining, the expansive living and dining areas are filled with natural light and centered around a rare wood-burning fireplace, while the sun-filled family room is surrounded by windows. The fully renovated 2021 kitchen showcases premium appliances, custom wine storage, a beverage fridge, and exceptional cabinetry. All three bedrooms are generously sized with large closets, including a spacious primary retreat featuring a walk-in closet, renovated four-piece ensuite, and walkout to the oversized balcony shared with the living room. In-suite laundry includes a Miele washer and dryer.Residents enjoy 24-hour concierge service, a fitness centre, sauna, and party room, all just steps from Yorkville's renowned boutiques, fine dining, cafés, and the Yonge Street corridor.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13530742
Bedrooms
3
Bathrooms
2
Size
1800-1999
Cross streets
BAY/DAVENPORT
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$2,478/mo
Exposure
South West
Property tax
$6,621 / 2025
Days on market
15
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

FoyerMain1.90 × 2.80 m

hardwood floor · pot lights · double closet

Dining RoomMain3.90 × 6.00 m

fireplace · hardwood floor · pot lights

Bedroom 3Main3.50 × 5.90 m

hardwood floor · double closet · window

Living RoomMain3.70 × 5.40 m

pot lights · hardwood floor · open concept

KitchenMain2.30 × 4.50 m

renovated · stainless steel appl · pot lights

Primary BedroomMain5.30 × 5.90 m

4 pc ensuite · walk-in closet(s) · hardwood floor

Bedroom 2Main2.80 × 4.90 m

double closet · hardwood floor · window

Family RoomMain2.50 × 3.00 m

w/o to balcony · hardwood floor · pot lights

Moe’s TakeTeam Asgarian · Broker
In line
$1.05Mest. value

Listed at $1,149,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

In Annex lately, sellers have been getting about 96% of asking and homes sell in about 34 days.

Based on 7 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 7 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.22M, a bit higher. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, sold for $970K
  • Size difference +$65K
  • Adjusts to $1.04M

That comparable adjusts to $1.04M; the $1.05M estimate above is the median of all 7 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

Its public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

List price
$1.04MGreat deal$1.48MOverpriced

Total price vs nearby homes. Fair value about $1.05M, median of 7 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Comparable listingsCurrently listed nearby in Annex · asking prices
$2.47Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

514-225 Davenport Road$2.10M603-10 Bellair Street$2.82M802-10 Bellair Street$2.50M

The 3 closest active listings nearby.

See all comparable homes
1.15MThis home2.10M2.82M2.50MThis home vs active comparables
Live market pulseActive comparables in Annex · median list $2.69M
$605this home / sqft
15active listings nearby
15days on market
100sold nearby · 90 days
$708Kmedian sold price
96%of asking, on average

14 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Annex, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bay Street Corridor
$471K
Church-Yonge Corridor
$561K
Moss Park
$519K
Waterfront Communities C1
$593K
Waterfront Communities C8
$700K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Jesse Ketchum Junior and Senior Public School
87%
Jesse Ketchum Junior and Senior Public SchoolPublic · Elementary · 0.2 km awayHigher-rated than most nearby · 87% meet the provincial standard

Affordability & Mortgage

Affordability
$5,237/mo
$267KIncome needed
4.3×Price ÷ income
$1,208Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

63%mortgage
Mortgage $5,237Property tax $552Condo fee $2,478Total carry $8,267

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,905per month

Mortgage amount $919,200 · 4.14% over 25 years

$229,800Down payment (20.0%)
$919,200Loan before insurance
$0CMHC premium
$7,935Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,905
Property tax
$552
Condo / maintenance fees
$2,478
Heating
$0
Estimated monthly cost
$7,935

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$19,455
Toronto municipal land transfer tax
$19,455
Estimated closing costs
$38,910

Plus your down payment of $229,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,958/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$552,358Total interest paid
$1,471,558Total of all payments
Principal $919,200 Interest $552,358
YearPrincipalInterestBalance
1$21,534$37,329$897,666
2$22,434$36,428$875,232
3$23,373$35,490$851,859
4$24,350$34,512$827,509
5$25,369$33,493$802,140
6$26,430$32,432$775,710
7$27,536$31,327$748,174
8$28,687$30,175$719,486
9$29,887$28,975$689,599
10$31,138$27,725$658,461
11$32,440$26,422$626,021
12$33,797$25,065$592,225
13$35,211$23,652$557,014
14$36,683$22,179$520,331
15$38,218$20,645$482,113
16$39,816$19,046$442,296
17$41,482$17,380$400,815
18$43,217$15,645$357,598
19$45,025$13,838$312,573
20$46,908$11,954$265,665
21$48,870$9,992$216,795
22$50,914$7,948$165,881
23$53,044$5,818$112,837
24$55,263$3,600$57,574
25$57,574$1,288$0

At the end of your 5-year term

Total paid over the term
$294,312
Principal paid down
$117,060
Interest paid
$177,251
Balance remaining
$802,140

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$6,100/mo
$73,200Gross annual rent
2.5%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

6.4%
Gross yield
− Property tax $6,621− Condo fees $29,737− Insurance $600− Vacancy & upkeep $8,052Net operating income $28,190

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.

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