151 AVENUE Road Unit 602, Toronto C02

Price: $1,050,000

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: C12883116

Welcome To Yorkville's Award Winning Boutique & Luxury Residences. Highly Desired Split 2 Bed, 2 Bath, Extremely Efficient Plan, Ample Of Storage, Kitchen Island And Boasting With Natural Light. Extras: Keyless Suite Lock, Wifi Thermostats, Smooth Ceilings, Modern Fixtures . Gym, Concierge, Party Room, Guest Suite, Shared Terrace, Parking AND locker Included

151 AVENUE Road Unit 602 - Condo photo 1 of 17 in Annex / Yorkville / Summerhill, Ontario
151 AVENUE Road Unit 602 - Condo photo 2 of 17 in Annex / Yorkville / Summerhill, Ontario
151 AVENUE Road Unit 602 - Condo photo 3 of 17 in Annex / Yorkville / Summerhill, Ontario
151 AVENUE Road Unit 602 - Condo photo 4 of 17 in Annex / Yorkville / Summerhill, Ontario
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151 AVENUE Road Unit 602 - Condo photo 8 of 17 in Annex / Yorkville / Summerhill, Ontario
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151 AVENUE Road Unit 602 - Condo photo 10 of 17 in Annex / Yorkville / Summerhill, Ontario
151 AVENUE Road Unit 602 - Condo photo 11 of 17 in Annex / Yorkville / Summerhill, Ontario
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151 AVENUE Road Unit 602 - Condo photo 13 of 17 in Annex / Yorkville / Summerhill, Ontario
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$1,050,000 - 151 AVENUE Road Unit 602, Yorkville

Condo for Sale in Yorkville

94 days on market
2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
C12883116
Property Type
Condo
Status
active
Days on Site
94
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Annex / Yorkville / Summerhill
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
RE/MAX DASH REALTY
Description

Welcome To Yorkville's Award Winning Boutique & Luxury Residences. Highly Desired Split 2 Bed, 2 Bath, Extremely Efficient Plan, Ample Of Storage, Kitchen Island And Boasting With Natural Light. Extras: Keyless Suite Lock, Wifi Thermostats, Smooth Ceilings, Modern Fixtures . Gym, Concierge, Party Room, Guest Suite, Shared Terrace, Parking AND locker Included

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,644.50/mo

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5-yr fixed avg.

Principal: $840,000Interest: $553,351
Mortgage Amount$840,000
Total Interest$553,351
Est. Property Tax$744/mo
Total Cost$1,393,351

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

151 AVENUE Road Unit 602, Annex / Yorkville / Summerhill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$744
Insurance (est.)-$219
Net Cash Flow+$732

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 $1167/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.

Negotiation Opportunity

At 94 days on site, this property has exceeded the typical selling timeline for Yorkville. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Investment Perspective

Looking at this as an investment: Yorkville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    151 AVENUE Road Unit 602, Ann… — $1,050,000 | Battaglia Team