980 Yonge Street, Toronto, ON

$599,999
MLS#:C11965852
2 beds
1 baths
800-899 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Annex. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $599,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 800-899 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient heat pump heating via electric

Description

Upscale Boutique Living Perfectly situated between Rosedale and Yorkville, this spacious 800 sq. ft.1-bedroom + large den (with French doors) is flooded with natural light and designed for effortless comfort and style. The modern open-concept layout offers excellent storage and features numerous upgrades, including hardwood flooring, a luxurious bathroom with a jacuzzi tub, an eco-friendly deck on the balcony, a wall- mounted electric fireplace, designer light fixtures, European kitchen appliances, and more. The beautifully positioned big private terrace is good place for sunset and sunrise. All rooms enjoy breathtaking 180 degree views of the Rosedale Valley and a distant lakeview. The neighborhood is vibrant, with trendy, upscale shopping, dining, and entertainment options. Conveniently located just minutes from the DVP, close to TTC, parks, and trails. With a 97 Walk Score, you're steps from Rosedale Station, top restaurants, the Toronto Public Library, Ramsden Park.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 12, 2025
Sold price information is available to members only
Listed Date2/10/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$3,264.75

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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980 Yonge Street, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 980 Yonge Street 1001, Toronto C02, ON M4W 3V8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$35,000 (5.8%)
* Minimum Canadian down payment required for this price is $35,000.
Amortization Period25 Years
Estimated Monthly Payment$3,367Based on a loan of $564,999 over 25 years.
Purchase Price$599,999
Loan Amount$564,999
Provincial Land Transfer Tax:$8,475
Toronto Municipal Land Transfer Tax:$8,475
Total Estimated Closing Taxes:$16,950

About Purchasing a Home in Toronto, ON

For a property listed at $599,999 in Toronto, the legal minimum down payment is $35,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,475 also applies, bringing the total estimated land transfer taxes to $16,950.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Annex, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,933,790

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Huron Street
Public541 Huron Street, Toronto, Ontario, M5R 2R6
5.8
Jesse Ketchum
Public61 Davenport Road, Toronto, Ontario, M5R 1H4
7.3
Cottingham
PublicCottingham Street, Toronto, Ontario, M4V 1E3
10.0
St Joseph
Public74 Wellesley Street West, Toronto, Ontario, M5S 1C4
4.9
Queen Victoria
PublicQueen's Park Crescent East, Toronto, Ontario, M7A 1A2
4.9

Secondary Schools

St. Joseph’s
Catholic74 Wellesley Street West, Toronto, Ontario, M5S 1C4
7.2
Central
Public725 Bathurst Street, Toronto, Ontario, M5S 2R5
4.2
Harbord
Public286 Harbord Street, Toronto, Ontario, M6G 1G5
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.