809 - 942 Yonge Street

Introducing a remarkable opportunity to own a stunning condo for sale in Toronto , located at 942 Yonge Street, Toronto. This exceptional property is nestled in the highly sought-after Annex community, perfectly positioned between the vibrant areas of Yorkville and Rosedale. The Memphis, as this building is known, offers a serene and beautifully maintained oasis that is ideal for anyone seeking a tranquil yet connected lifestyle in one of the city’s most desirable neighbourhoods.

This fully renovated one-bedroom plus den suite spans an impressive 707 square feet, providing bright and thoughtfully designed living space. With large south-facing windows, the home is flooded with natural light, offering a calm view of the courtyard. The suite is a true turnkey opportunity, meticulously upgraded throughout to meet the highest standards of modern living. The bespoke kitchen, which is one of the standout features of this condo for sale in Toronto, boasts custom cabinetry, quartz countertops, a breakfast bar, and high-quality stainless-steel appliances. This kitchen is perfect for cooking, entertaining guests, or simply enjoying a quiet morning coffee.

The Memphis also features a spa-inspired bathroom that has been tastefully renovated, ensuring a fresh and modern feel. The elegant engineered wood flooring and high baseboards throughout the suite add a crisp finish that enhances the overall aesthetic. The spacious primary bedroom comfortably accommodates a king-size bed, making it a perfect retreat after a long day. Additionally, the large den offers versatility, serving as an ideal dining room or a dedicated home office, accommodating the needs of today’s lifestyle.

When considering a condo for sale in Toronto, the amenities of The Memphis are certainly a major draw. Residents enjoy the benefits of a 24-hour concierge service, a well-equipped gym, a sauna for relaxation, and a party/meeting room that is perfect for hosting gatherings. The billiards room adds an element of fun, while the stunning rooftop terrace provides a perfect setting for enjoying the beautiful Toronto skyline. Furthermore, the convenience of visitors' parking is an added bonus for guests.

Living at 942 Yonge Street, Toronto, means you are just steps away from the best that Yorkville has to offer. From high-end shops and trendy bars to exquisite restaurants and gourmet grocery stores like Whole Foods and Eataly, everything you need is within easy reach. The lush parks nearby provide a welcome escape into nature, while excellent public transport links, including both subway lines, ensure that the rest of the city is easily accessible.

It is also worth noting that this condo for sale in Toronto includes one underground garage space, ensuring that parking is never a concern. The unit is unfurnished, allowing you the freedom to personalise the space to your taste. With central air conditioning and forced air heating, comfort is guaranteed throughout the year.

In summary, 942 Yonge Street, Toronto, presents a beautifully renovated, move-in-ready home in the heart of the city. This condo for sale in Toronto is not just a property; it is a lifestyle choice that offers convenience, elegance, and a vibrant community atmosphere. Don’t miss out on this exceptional opportunity to make The Memphis your new home. This is the one you’ve been waiting for.

The Annex is a vibrant and eclectic neighbourhood in Toronto, known for its rich history and diverse cultural scene. Nestled just north of the bustling downtown core, this area is characterised by its charming tree-lined streets, Victorian and Edwardian architecture, and a lively atmosphere. The Annex is home to a mix of students, professionals, and families, thanks to its proximity to the University of Toronto. Residents enjoy an array of cafes, bookstores, and boutique shops, as well as easy access to public transport. With its blend of academic energy and artistic flair, the Annex offers a unique urban experience that appeals to those seeking both community spirit and city living.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. The closest option is Jesse Ketchum Junior and Senior Public School, just 0.3 km away, offering grades JK to 8 with a solid school rating of 7.8. For older students, Jarvis Collegiate Institute, located 1.3 km away, serves grades 9 to 12, though it has a lower rating of 5.9. Additionally, there are other public and Catholic schools in the vicinity, such as Our Lady of Lourdes Catholic School (1.5 km, grades JK to 8, rating 5.5) and St. Joseph's College School (1.1 km, grades 9 to 12, rating 7.6). For families interested in French-language education, Holy Rosary Catholic School (2.3 km, grades JK to 3, rating 8.7) and St. Mary Catholic School (3.4 km, grades JK to 4, rating 5.7) are also nearby. With a variety of educational options, including both public and Catholic institutions, this property is ideally situated for families seeking quality schooling for their children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,789 residents, with an average household size of 1.5. The demographic profile reveals an average age of 50.3 years, indicating a mature community. The average household income stands at a substantial $143,200, although 18.7% of the population is classified as low-income. The real estate market reflects high property values, with an average price of $1,188,000, predominantly consisting of condominiums, which make up 86.27% of the housing stock. The community is characterized by a significant percentage of single individuals at 54.25%, and households with children represent 21.18% of the population. Immigrants constitute 42.74% of the residents, contributing to the area's cultural diversity. Additionally, 43.92% of the population are renters, highlighting a dynamic rental market. Educational attainment is notably high, with 81.11% of residents holding a college or university degree. However, a considerable portion of the population, 38.06%, is not in the labor force, suggesting potential challenges in employment opportunities. Overall, this area presents a blend of affluence, diversity, and a mature demographic landscape.