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    506 - 942 Yonge Street

    For SaleThe Memphis Condos
    $735,000
    1 Bed + 1
    1 Bath
    1 Parking
    655 SQFT
    33 Days on Strata
    Est Sell Timeframe
    18 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $1,122/sqft
    Maintenance Fees:
    $653/mth
    Taxes:
    $2,685 (2024)
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    North
    Possession Date:
    May 1, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Living
    Open Concept, Hardwood Floor, Combined with Dining
    13.26 x 10.01ft
    Dining
    Combined with Living, Hardwood Floor, Window
    11.16 x 8.17ft
    Kitchen
    Ceramic Floor, Breakfast Bar
    9.58 x 6.99ft

    About this Listing

    Open Concept Layout In This Rarely-Offered 1+Plus Den In Luxurious Bloor/Yonge, Prime Location, Nestled B/W Yorkville & Rosedale Areas. Walking Distance To Subway, Shops, Restaurants & Shopping. Perfect Condition, With Hardwood Floors & Ensuite Laundry. Recently Upgraded, Gorgeous Spacious & Comfortable Sun-Filled Space.

    ExtrasFridge, Stove, B/I Dishwasher, Exhaust Hood, Washer, Dryer, Window Blinds, ELFs, Tiled Back-Splash, Granite Foyer, Engineered Hardwood

    century 21 parkland ltd.MLS® #C8181682


    Amenities

    Party Room
    Concierge
    Sauna
    Games Room
    Rec Room
    Security System

    Nearby Amenities

    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.

    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
    Household Income
    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%

    Days on Strata

    Units at The Memphis Condos spend an average of
    24
    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

    Turnover of Units

    On average, each unit is owned for
    9
    YEARS before being sold again

    Property Value

    -13%
    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

    8
    Units were Sold over the past twelve months

    Rented Units

    17
    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 Range$520,000$630,000 - $630,500$650,000 - $710,000No DataNo DataNo DataNo Data
    Avg. Cost Per Sqft$996$1,081$1,000No DataNo DataNo DataNo Data
    Avg. Wait for Unit Availability287 Days142 Days76 DaysNo DataNo Data26 DaysNo Data
    Ratio of Units in Building12%26%41%13%4%5%1%

    Maintenance Fees

    The Memphis Condos vs The Yorkville Area

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