Skip to main

    611 - 377 Madison Ave

    For SaleSouth Hill on Madison Condos
    $939,900
    2 Beds
    2 Bath
    1 Parking
    902 SQFT
    76 Days on Strata
    Est Sell Timeframe
    12 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $859/mth
    Taxes:
    $4,671 (2024)
    Cost Per Sqft:
    $1,042/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    September 10, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Walkout To Balcony, O/Looks Dining
    11.81 x 9.74ft
    Dining
    Laminate, Open Concept, O/Looks Living
    13.16 x 8.07ft
    Kitchen
    Laminate, Built-in Appliances, Quartz Counter
    13.16 x 10.24ft

    About this Listing

    Imagine waking up to the aroma of freshly brewed coffee, stepping out onto your balcony that transports you into an urban fairytale overlooking a medieval-style castle . This spacious two-bedroom, two-bathroom condo, nestled in a magnificent 7-story boutique building, offers a lifestyle unlike any other. Located on the border of Casa Loma and the Annex, this bright condo features soaring 9-foot ceilings, brand new engineered hardwood flooring (2024) and an open-concept design that enhances the feeling of spaciousness. The balcony off the living room provides a perfect spot for enjoying breakfast or watching beautiful sunsets, complete with a gas barbecue and stunning views of Casa Loma. The primary bedroom is a retreat with a walk-in closet and a 3-piece en-suite bathroom, offering both comfort and convenience. The second bedroom, with its double closet, provides ample space for guests or family members. The kitchen is a chef's dream, equipped with high-quality finishes such as high-gloss cabinetry with under-mount lighting, a stylish tile backsplash, and a quartz counter. Built-in European high-efficiency appliances, including a gas cooktop, ensure cooking is both enjoyable and efficient. For added convenience, this unit includes a premium parking space located conveniently in front of a private large storage room rarely offered in condominiums. This proximity to the entrance door makes accessing your belongings a breeze. Living in this condo is not just about the luxurious interior; it's about embracing a lifestyle where modern comfort meets historic charm. Whether you're relaxing in your living room, cooking in your gourmet kitchen, or taking in the view from your balcony, every moment in this urban oasis feels like a fairy tale come true.

    Extras902 sq ft indoor ( MPAC) plus 115 sq foot outdoor. Steps to Dupont subway station, best shopping & restaurants, minutes to downtown, Yorkville & Forest Hill Village. Only the top 2 floors have gas cooktops and bbq direct gas supply lines.

    exp realtyMLS® #C9013270


    Amenities

    Media Room
    Rooftop Deck
    BBQ
    Security System
    Gym Room
    Concierge

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

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

    Population
    6,579
    Average Individual Income
    $61,605
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $101,954
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    33%
    35 - 49
    20%
    50 - 64
    17%
    65+
    14%
    Household Income
    $0 - $30,000
    43%
    $30,000+
    25%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    55%
    Detached
    27%
    Low Rise Apartment
    9%
    Semi Detached
    4%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    8%
    Telugu
    2%
    Tagalog
    2%
    Arabic
    1%
    Hindi
    1%
    Korean
    1%
    Education
    University and Above
    46%
    High School
    20%
    College
    15%
    None
    11%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    17%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Math & Computer Sciences
    10%
    Humanities
    6%
    Physical Sciences
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    South Hill on Madison Condos vs The Casa Loma Area

    Days on Strata

    Units at South Hill on Madison Condos spend an average of
    22
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Casa Loma

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    2%
    Increase in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 32 condos in the Casa Loma area

    Sold Units

    14
    Units were Sold over the past twelve months

    Rented Units

    12
    Units were Rented over the past twelve months

    Best Value Rank

    South Hill on Madison Condos offers the
    ?
    best value out of 32 condos in the Casa Loma neighbourhood

    Appreciation Rank

    South Hill on Madison Condos has the
    ?
    highest ROI out of 32 condos in the Casa Loma neighbourhood

    Rental Yield

    South Hill on Madison Condos yields the
    ?
    highest rent prices out of 32 condos in the Casa Loma neighbourhood

    High Demand

    South Hill on Madison Condos is the
    ?
    most popular building out of 32 condos in the Casa Loma neighbourhood

    Transaction Insights at 377 Madison Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$475,000 - $645,000$675,000 - $810,000$777,000 - $905,000$2,095,000$1,800,000No Data
    Avg. Cost Per SqftNo Data$1,128$1,080$1,024$1,587$999No Data
    Avg. Wait for Unit Availability188 Days114 Days108 Days76 Days725 Days464 DaysNo Data
    Ratio of Units in Building14%24%25%29%4%6%1%

    Transactions vs Inventory

    Total number of units listed and sold in Casa Loma