149 Farnham Avenue, Toronto C02

Price: $6,785,000

4 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: C13105402

New Summerhill Upscale Detached Home To Be Built. Ready For Summer Of 2027. Lands Can Be Purchased With 147 Farnham Ave If One Wishes To Enjoy The Current Livable Residence. One Of Toronto's Most Prestigious Neighborhoods. Home Features A Limestone Facade, Heated Driveway And Pathways, Rare For The Area - Three-Car Parking, Oversized Single Car Garage. 4,300 Square Feet Of Living Area, The Finest Luxury Appointments, Bespoke Features Such As Elevator To All Levels, White Oak Hardwood Flooring Throughout, Heated Flooring On The Lower Level And All Tiled Areas, Three Fireplaces, Pet Spa, Lower Level With Walkout. The Primary Retreat Occupies The Entire Third Level, Featuring A Dressing Room With A Coffee Station, A Tranquil Ensuite, And A Private Terrace With A Fire Pit. Enjoy All The Conveniences Of Being Steps To Yonge St And Easy Access To TTC, Shops, Top Schools And Eateries. This Sublime Locale Allows You To Enjoy Everything Summerhill Has To Offer, From Its Renowned Tree-Lined Streets And Boutique Shops To Easy TTC Access And Local Parks.

149 Farnham Avenue - Detached photo 1 of 1 in Annex / Yorkville / Summerhill, Ontario
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$6,785,000 - 149 Farnham Avenue, Yorkville

Detached for Sale in Yorkville

39 days on market
4Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
C13105402
Property Type
Detached
Status
active
Days on Site
39
Bedrooms
4
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Annex / Yorkville / Summerhill
Listing Brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.
Description

New Summerhill Upscale Detached Home To Be Built. Ready For Summer Of 2027. Lands Can Be Purchased With 147 Farnham Ave If One Wishes To Enjoy The Current Livable Residence. One Of Toronto's Most Prestigious Neighborhoods. Home Features A Limestone Facade, Heated Driveway And Pathways, Rare For The Area - Three-Car Parking, Oversized Single Car Garage. 4,300 Square Feet Of Living Area, The Finest Luxury Appointments, Bespoke Features Such As Elevator To All Levels, White Oak Hardwood Flooring Throughout, Heated Flooring On The Lower Level And All Tiled Areas, Three Fireplaces, Pet Spa, Lower Level With Walkout. The Primary Retreat Occupies The Entire Third Level, Featuring A Dressing Room With A Coffee Station, A Tranquil Ensuite, And A Private Terrace With A Fire Pit. Enjoy All The Conveniences Of Being Steps To Yonge St And Easy Access To TTC, Shops, Top Schools And Eateries. This Sublime Locale Allows You To Enjoy Everything Summerhill Has To Offer, From Its Renowned Tree-Lined Streets And Boutique Shops To Easy TTC Access And Local Parks.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$30,012.34/mo

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5-yr fixed avg.

Principal: $5,428,000Interest: $3,575,703
Mortgage Amount$5,428,000
Total Interest$3,575,703
Est. Property Tax$4,806/mo
Total Cost$9,003,703

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Annex / Yorkville / Summerhill

Discover Annex / Yorkville / Summerhill

Annex / Yorkville / Summerhill is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Annex / Yorkville / Summerhill

  • Convenient location in Annex / Yorkville / Summerhill
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Annex / Yorkville / Summerhill offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

149 Farnham Avenue, Annex / Yorkville / Summerhill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,050/mo
Range: $3,443 - $4,658
Cap Rate (ROI)
-0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,050
Maintenance Fees-$0
Property Tax (est.)-$4,806
Insurance (est.)-$1,414
Net Cash Flow-$2,170

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1939/sqft, this property is priced above the Yorkville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 39 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Yorkville are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Yorkville. Good resale value as demand remains consistent.

Bathroom Count Matters

With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    149 Farnham Avenue | $6,785,000 | Battaglia Team