$6,900/mo - 151 Avenue Road Unit 508, Yorkville
Condo for Rent in Yorkville
32 days on market- MLS Number
- C13132418
- Property Type
- Condo
- Status
- active
- Days on Site
- 32
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- None
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Discover exceptional Yorkville living in this rare 1,244 sq ft two-bedroom, two-and-a-half-bathroom corner suite with one of the largest private balconies in the building - a stunning 258 sq ft wrap-around terrace balcony. Perfect for morning coffee, al fresco dining, or evening entertaining, this expansive outdoor space offers breathtaking north-facing views over one of Toronto's most prestigious neighbourhoods.Inside, the bright, open-concept layout features a spacious living/dining room, a well-appointed kitchen, a generous primary suite with walk-in closet and ensuite, and a second bedroom with its own walk-in closet and private bath. Floor-to-ceiling windows flood the home with natural light, creating a seamless indoor-outdoor lifestyle.Located at the corner of Avenue Road and Davenport in the heart of Yorkville, this boutique 10-storey building by Dash Developments, built by SkyGrid (only 72 suites total) delivers intimate luxury in Toronto's most sought-after neighbourhood. Steps to the Mink Mile's world-class shopping (Gucci, Louis Vuitton, Holt Renfrew), fine dining, art galleries, museums, and top-tier transit, with the Annex's vibrant energy just moments away.Building amenities include 24-hour concierge, gym, party room, guest suites, and a common rooftop terrace. This is sophisticated urban living at its finest - where a massive private balcony meets Yorkville's unmatched lifestyle.
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
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.
151 Avenue Road Unit 508, Annex / Yorkville / Summerhill
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $6,900/mo, this is asking above the typical 2-bedroom rent of ~$2,900/mo in Yorkville. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Market Position
At 32 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.
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.
Bathroom Count Matters
With 3 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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.