The breathtaking view is the first thing you notice when you enter the penthouse residence at 38 Avoca. This elegant home at the top of Avoca Vale, offers rare, refined living with unobstructed views in the coveted Yonge and St Clair neighbourhood. Upscale urban amenities are steps away from the 1689 square foot condo, with an extraordinary perspective of the Toronto skyline, the Rosedale Ravine and all the way to the blue vista of Lake Ontario. Inside, the scale is equally impressive. Expansive living and dining rooms are framed by oversized windows and finished with rich hardwood floors and a gas fireplace. The proportions are generous, the natural light exceptional, and the connection to the outdoors immediate. From the balcony, mature treetops fill the foreground with changing leaf colours while the city unfolds beyond-a rare combination of nature, water, and skyline from a sophisticated Midtown address. The South facing, eat-in kitchen is sunlit by day, with a spectacular nighttime view of downtown Toronto. Two well-separated bedrooms , complemented by full ensuites offer privacy with an additional 2 piece guest bathroom down the hall. Two dedicated underground parking spaces and a large private storage locker add important, practical value to this Penthouse condo. Residents enjoy a 24-hour concierge service and a thoughtful collection of amenities, including a fitness centre, library and lounge, party room, visitor parking, and a landscaped courtyard terrace with barbecue stations. At the centre of Yonge & St. Clair, this residence puts exceptional dining, grocery shopping, cafes, parks, and public transit within easy reach. It is a rare opportunity to combine substantial interior space, five-star service, and a truly memorable view at one of Toronto's most sought- after addresses.
2 bedrooms, 2 bathrooms, about 1,600 sq ft, works out to roughly $1,247 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 38 Avoca Ave #PH3
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1600-1799 sq ftas stated on the listing
Parking
2 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
38 Avoca Ave #PH3 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14027124$1,995,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 38 Avoca Ave #PH3 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$9,801
/mo
based on the purchase price of $1,995,000
$399,000 cash
$1,596,000 financed
$1,344,251 total interest
Principal54%$1,596,000
Interest46%$1,344,251
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 2–3 bed homes for sale in Toronto around $2.0M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4900.6%On average, homes sold at or above asking.
Active listings12,690Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 9,684 sales from Jul 15 – Oct 13, 2026 (6,629 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
2 for sale at 38 Avoca Ave — plus its sale and lease history.
38 Avoca Ave #PH3 is listed at $1,995,000 (MLS® C14027124). Summitly updates the price as soon as the MLS® record changes.
Is $1,995,000 a good price for 38 Avoca Ave #PH3?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 38 Avoca Ave #PH3 changed?
No — 38 Avoca Ave #PH3 is still listed at its original asking price of $1,995,000.
How many bedrooms and bathrooms does 38 Avoca Ave #PH3 have?
38 Avoca Ave #PH3 has 2 bedrooms and 2 bathrooms, with about 1,600–1,799 square feet of living space. It is a condo in Toronto.
Is 38 Avoca Ave #PH3 close to transit?
The nearest rapid-transit station is St. Clair Station (Line 1), about 310 m (about a 4-minute walk) in a straight line. Summerhill Station is about 790 m (about a 10-minute walk), and Davisville Station is about 1.2 km (about a 15-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 38 Avoca Ave #PH3?
About $9,801 a month — principal and interest on $1,995,000 with 20% down ($399,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 38 Avoca Ave #PH3 compare with other homes in Toronto?
Its asking price of $1,995,000 is about 135% above the median sold price in Toronto over the last 90 days, $848,250, across 9,684 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 38 Avoca Ave #PH3 been sold before?
Summitly has no earlier MLS® sale or lease of 38 Avoca Ave #PH3 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 38 Avoca Ave #PH3?
38 Avoca Ave #PH3 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 38 Avoca Ave #PH3 been on the market?
38 Avoca Ave #PH3 was listed today (October 13, 2026).
What is the price per square foot of 38 Avoca Ave #PH3?
About $1,109 to $1,247 per square foot: the asking price of $1,995,000 over the 1,600–1,799 sq ft the listing gives as its size range.