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    1006 - 942 Yonge St

    For SaleThe Memphis Condos
    $650,000
    1 Bed + 1
    1 Bath
    0 Parking
    700 SQFT
    8 Days on Strata
    Est Sell Timeframe
    29 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $681/mth
    Taxes:
    $2,438 (2024)
    Cost Per Sqft:
    $929/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    North
    Possession Date:
    To Be Determined
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Baseboard

    Room Dimensions

    Living
    Hardwood Floor
    0 x 0ft
    Dining
    Hardwood Floor
    0 x 0ft
    Kitchen
    Stainless Steel Appliances, Marble Counter
    0 x 0ft

    About this Listing

    Yorkville is centrally located in a prestigious neighbourhood with world class restaurants, high end shopping, Royal Ontario Museum and countless other amenities. Gated from Yonge Street with approximately 700 sq. feet of living space, 1 plus 1 bedrooms, 1 washroom, ensuite laundry and spacious open concept living room dining room and kitchen. Amenities Included: Terrace, full gym,media room, party room, conference room, sauna, billiard room and 24 hour security and concierge.Just steps away from the heart of Toronto with public transportation, libraries, universities, schools, theatres and hospitals. Must Sell!

    forest hill real estate inc.MLS® #C9345294


    Amenities

    Media Room
    Guest Suites
    Visitor Parking
    Party Room
    Rooftop Deck
    BBQ

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    16,960
    Average Individual Income
    $62,918
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $103,235
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    20%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    26%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    37%
    Detached
    30%
    Semi Detached
    16%
    Low Rise Apartment
    11%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    76%
    Mandarin
    11%
    Cantonese
    7%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Armenian
    1%
    Korean
    1%
    Education
    University and Above
    39%
    High School
    23%
    College
    16%
    None
    13%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    The Memphis Condos vs The Yorkville Area

    Days on Strata

    Units at The Memphis Condos spend an average of
    19
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Yorkville

    Turnover of Units

    On average, each unit is owned for
    9.2
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    27th
    Highest price per SQFT out of 56 condos in the Yorkville area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    20
    Units were Rented over the past twelve months

    Best Value Rank

    The Memphis Condos offers the
    ?
    best value out of 56 condos in the Yorkville neighbourhood

    Appreciation Rank

    The Memphis Condos has the
    ?
    highest ROI out of 56 condos in the Yorkville neighbourhood

    Rental Yield

    The Memphis Condos yields the
    ?
    highest rent prices out of 56 condos in the Yorkville neighbourhood

    High Demand

    The Memphis Condos is the
    ?
    most popular building out of 56 condos in the Yorkville neighbourhood

    Transaction Insights at 942 Yonge Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$630,000 - $660,000$690,000 - $710,000$850,000No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$1,032$1,066$919No DataNo DataNo Data
    Avg. Wait for Unit Availability287 Days142 Days76 Days820 DaysNo Data26 DaysNo Data
    Ratio of Units in Building12%26%42%13%4%5%1%

    Transactions vs Inventory

    Total number of units listed and sold in Yorkville