8-423 Avenue Road, Toronto, ON

Yonge-St. Clair, Toronto · MLS® C13877116

$1,249,000
For Sale
Listed 11 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1800-1999Sq ft

About this home

In short

  • Discreet full-floor living with exceptional skyline views.
  • Direct elevator access opens to a gracious foyer, introducing light-filled interiors defined by generous proportions, thoughtful design and refined contemporary finishes.
  • Spanning the length of the building, the open-concept living, dining, kitchen and solarium spaces create an inviting setting for quiet evenings and entertaining alike.
  • Oversized windows frame Toronto's iconic skyline, while wide-plank hardwood, an EcoSmart fireplace and custom built-ins lend warmth and character.
  • Bathed in natural light, the solarium offers heated floors and an ideal setting for a home office or a peaceful place to unwind.

Discreet full-floor living with exceptional skyline views. One of just fourteen residences at 423 Avenue Road, Suite 8 offers an intimate boutique setting in Toronto's sought-after Summerhill neighbourhood. Direct elevator access opens to a gracious foyer, introducing light-filled interiors defined by generous proportions, thoughtful design and refined contemporary finishes.Spanning the length of the building, the open-concept living, dining, kitchen and solarium spaces create an inviting setting for quiet evenings and entertaining alike. Oversized windows frame Toronto's iconic skyline, while wide-plank hardwood, an EcoSmart fireplace and custom built-ins lend warmth and character. The beautifully appointed kitchen pairs distinctive cabinetry and Caesarstone surfaces with integrated Miele appliances. A nine-foot island anchors the space, offering ample room for casual dining and conversation.The spacious primary retreat accommodates a king-sized bed and sitting area, complemented by two walk-in closets and a five-piece ensuite. A versatile second bedroom/den features a built-in Murphy bed and custom storage, with an adjoining three-piece ensuite and generous walk-in shower. Bathed in natural light, the solarium offers heated floors and an ideal setting for a home office or a peaceful place to unwind.Thoughtfully integrated storage, pocket doors and ensuite laundry enhance everyday comfort, while an underground parking space and storage locker offer added convenience. An elegant city residence-a private sanctuary with Toronto's gorgeous skyline as its backdrop.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13877116
Bedrooms
2
Bathrooms
2
Size
1800-1999 sq ft
Cross streets
Avenue & St Clair
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$2,949/mo
Exposure
South
Property tax
$6,069 / 2026
Days on market
11
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES OXLEY REAL ESTAT

Rooms

Primary BedroomMain5.13 × 5.05 m

his and hers closets · 5 pc ensuite

FoyerMain2.41 × 3.40 m

slate flooring · closet · elevator

SolariumMain6.25 × 1.57 m

slate flooring · pocket doors · sw view

BathroomMain2.34 × 3.10 m

3 pc ensuite · heated floor · quartz counter

Bedroom 2Main2.84 × 2.77 m

b/i shelves · murphy bed

Dining RoomMain4.95 × 4.32 m

hardwood floor · open concept · south view

Living RoomMain4.57 × 4.80 m

hardwood floor · fireplace · overlooks dining

BathroomMain3.63 × 2.54 m

5 pc ensuite · pocket doors · b/i closet

KitchenMain4.65 × 3.66 m

renovated · breakfast bar · w/o to balcony

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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

Neighbourhood & location

Yonge-St. Clair, 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.

Kensington-Chinatown
$585K
Dovercourt-Wallace Emerson-Junction
$640K
Church-Yonge Corridor
$876K
Moss Park
$549K
Waterfront Communities C1
$691K

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 Brown Junior Public School
86%
Brown Junior Public SchoolPublic · Elementary · 0.2 km awayHigher-rated than most nearby · 86% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Cottingham Junior Public School · Public elementary0.4 km · 100% at standard
Holy Rosary Catholic School · Catholic elementary1.2 km · 89% at standard
Jesse Ketchum Junior and Senior Public School · Public elementary1.3 km · 87% at standard
Hillcrest Community School · Public elementary1.4 km · 85% at standard
Huron Street Junior Public School · Public elementary1.4 km · 74% at standard
Rosedale Junior Public School · Public elementary1.6 km · 94% at standard
Whitney Junior Public School · Public elementary1.8 km · 94% at standard
Forest Hill Junior and Senior Public School · Public elementary1.8 km · 82% at standard
Davisville Junior Public School · Public elementary1.8 km · 86% at standard
Spectrum Alternative Senior School · Public elementary1.8 km
Palmerston Avenue Junior Public School · Public elementary2.0 km · 80% at standard
Msgr Fraser Orientation Centre · Catholic secondary2.1 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$5,693/mo
$291KIncome needed
4.3×Price ÷ income
$1,314Weekly cost
$42,910Land transfer tax, one-time (Ontario + Toronto)
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.

62%mortgage
Mortgage $5,693Property tax $506Condo fee $2,949Total carry $9,147

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,525per month

Mortgage amount $999,200 · 4.49% over 25 years

$249,800Down payment (20.0%)
$999,200Loan before insurance
$0CMHC premium
$8,979Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,525
Property tax
$506
Condo / maintenance fees
$2,949
Heating
$0
Estimated monthly cost
$8,979

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

One-time closing costs

Ontario land transfer tax
$21,455
Toronto municipal land transfer tax
$21,455
Estimated closing costs
$42,910

Plus your down payment of $249,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,687/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

$658,224Total interest paid
$1,657,424Total of all payments
Principal $999,200 Interest $658,224
YearPrincipalInterestBalance
1$22,298$43,999$976,902
2$23,310$42,987$953,592
3$24,369$41,928$929,223
4$25,475$40,822$903,748
5$26,632$39,665$877,116
6$27,841$38,456$849,275
7$29,105$37,192$820,170
8$30,427$35,870$789,744
9$31,808$34,489$757,936
10$33,252$33,045$724,683
11$34,762$31,535$689,921
12$36,340$29,957$653,581
13$37,990$28,307$615,590
14$39,715$26,582$575,875
15$41,519$24,778$534,357
16$43,404$22,893$490,953
17$45,374$20,923$445,579
18$47,435$18,862$398,144
19$49,588$16,709$348,556
20$51,840$14,457$296,716
21$54,193$12,104$242,523
22$56,654$9,643$185,869
23$59,226$7,071$126,642
24$61,916$4,381$64,727
25$64,727$1,570$0

At the end of your 5-year term

Total paid over the term
$331,485
Principal paid down
$122,084
Interest paid
$209,401
Balance remaining
$877,116

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
1.8%Cap rate after taxes and upkeep

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.

5.9%
Gross yield
− Property tax $6,069− Condo fees $35,388− Insurance $600− Vacancy & upkeep $8,052Net operating income $23,091

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES OXLEY REAL ESTAT. MLS®/PropTx.

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