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    48 St Clair Avenue W

    Park Avenue Residences
    1for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    13
    Number of Units:
    51
    Condo Completion:
    2005
    Condo Demand:
    Medium
    Unit Size Range:
    558 - 2,400 SQFT
    Unit Availability:
    Low

    Listing History for Park Avenue Residences

    Receive listing updates for Yonge and St. Clair

    Amenities

    Concierge
    Party Room
    Rec Room
    Rooftop Deck
    Media Room
    Security System

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 48 St Clair Avenue WPark Avenue Residences

    This is one of those rare chances to own a piece of Toronto history. Originally the Duplate Canada Building, today 48 St. Clair Ave. W is a luxury condo building called the Park Avenue Residences. It features a variety of spacious units that have made it one of the most coveted addresses in town.

    The Park Avenue Residences are right in the heart of Yonge and St. Clair neighbourhood in midtown Toronto. This is one of the most developed sections of the city, complete with employment opportunities, dining options, and public transit. There’s also a densely wooded park in the region where you can walk through the trees and forget that you’re in the middle of Canada’s largest urban centre.

    The Suites

    Originally built in the 1950’s, this building was completely refurbished and converted into Toronto condos for sale in 2005. It stands at 13 storeys, and it holds 51 suites that come in all sorts of different floor plans that range from 556 square foot one-bedroom condos to 2,564 square foot penthouse suites.

    As soon as you lay eyes on 48 St. Clair West, you can tell that no detail has been overlooked. The building’s exterior exudes luxury with its perfectly landscaped yards that includes trees, flower beds, and the canopy that was added along with the building’s renovation.

    Inhabitants of the Park Avenue Residences will enjoy having convenient amenities in their building, including an exercise room, party room, and concierge service.

    The Neighbourhood

    48 St. Clair Ave W is located at Yonge and St. Clair, in and an area often referred to as Deer Park, which is a vibrant and diverse region. There are towering office buildings centrally located on the Yonge and St. Clair intersection, so this could be a great choice for those who are looking to live close to work.

    There are tons of dining options around this intersection too. It’s a burger lover’s dream, with McDonalds, Holy Chuck and Hero Certified Burgers all located here. If you’re looking for something else, Nove Trattoria is a charming family-owned Italian restaurant that serves house made pasta — it’s definitely a neighbourhood staple.

    Despite being one of the more urban centres in the GTA, the David A. Balfour Park has a trail that cuts through a veritable forest in the middle of the city. You’ll think you’ve slipped into a different time period as you walk through the woods.

    Transportation

    Most of the locals who live around Park Avenue Residences depend on St. Clair Station for getting around the city. It’s part of Line 1 Yonge-University, and it’s three stops away from Bloor-Yonge station where riders can transfer onto Line 2.

    If you’re looking to travel across St. Clair Avenue, look no further than the 512 streetcar, which starts at St. Clair Station and goes all the way down the St. Clair corridor. This makes it easy for residents to travel throughout midtown.

    If you’re looking to drive to the different parts of the GTA from 48 St. Clair West, you’re in luck! The Ontario 401 and Don Valley Parkway are incredibly accessible, so you’ll have no problems getting across the city.

    Park Avenue Residences Reviews

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    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    8/10
    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 condos

    Demographics

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

    Population
    7,027
    Average Individual Income
    $68,170
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $126,089
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    17%
    50 - 64
    24%
    65+
    22%
    Household Income
    $0 - $30,000
    48%
    $30,000+
    25%
    $60,000+
    12%
    $90,000+
    8%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    59%
    Semi Detached
    31%
    Duplex
    6%
    Low Rise Apartment
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    57%
    Mandarin
    13%
    Cantonese
    13%
    Other
    13%
    Tagalog
    2%
    Tamil
    2%
    Education
    University and Above
    34%
    High School
    25%
    College
    16%
    None
    16%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    19%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Physical Sciences
    5%
    Visual & Performing Arts
    4%
    Education
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Park Avenue Residences vs The Yonge and St. Clair Area

    Days on Strata

    Units at Park Avenue Residences spend an average of
    15
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Yonge and St. Clair

    Turnover of Units

    On average, each unit is owned for
    6.4
    YEARS before being sold again

    Property Value

    9%
    Increase in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 34 condos in the Yonge and St. Clair area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    Park Avenue Residences offers the
    ?
    best value out of 34 condos in the Yonge and St. Clair neighbourhood

    Appreciation Rank

    Park Avenue Residences has the
    ?
    highest ROI out of 34 condos in the Yonge and St. Clair neighbourhood

    Rental Yield

    Park Avenue Residences yields the
    ?
    highest rent prices out of 34 condos in the Yonge and St. Clair neighbourhood

    High Demand

    Park Avenue Residences is the
    ?
    most popular building out of 34 condos in the Yonge and St. Clair neighbourhood

    Transaction Insights at 48 St Clair Avenue W

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$710,000$1,860,000No Data
    Avg. Cost Per SqftNo Data$865$1,114No Data
    Avg. Wait for Unit Availability383 Days341 Days482 Days506 Days
    Ratio of Units in Building7%38%36%20%

    Unit Sales vs Inventory

    Total number of units listed and sold in Yonge and St. Clair