$2,699,900 - 16 Rosemount Avenue, Yorkville
Detached for Sale in Yorkville
95 days on market- MLS Number
- C12881646
- Property Type
- Detached
- Status
- active
- Days on Site
- 95
- Bedrooms
- 5
- Bathrooms
- 6
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Listing Brokerage
- REMAX CONNECT REALTY
Welcome to 16 Rosemount Avenue, a rare turnkey investment opportunity in Toronto's coveted Regal Heights/Wychwood neighbourhood. This stunning Edwardian fourplex was professionally rebuilt to the studs and fully legalized, offering luxury living with the ease of low-maintenance ownership. With impressive street presence and timeless design, this rebuild completed in 2023, showcases exceptional craftsmanship and long-term durability. The property features 4 self-contained suites and 5 hydro meters, delivering efficiency and strong rental appeal. The Main Floor and 2nd Floor Units are Vacant and either make an ideal Owner's Suite. Each suite is thoughtfully appointed with modern conveniences, including ensuite laundry, dishwashers, and built-in microwaves. High-end finishes elevate every space-hardwood floors, quartz countertops, marble tile, and custom kitchens-while comfort is ensured through in-floor hydronic heating and central air conditioning. Outdoor living is a highlight here: the second and third floors offer huge terrace walkouts, while the main-level suite enjoys a deck with direct yard access, enhancing lifestyle value and tenant satisfaction. Perfectly situated steps from St. Clair West, Wychwood Barns, Hillcrest Park, trendy Geary Ave and top-rated schools, this property delivers the ideal blend of urban convenience and community charm. Proximity to TTC transit, shops, restaurants, and cafes ensures consistent tenant demand and strong rental performance. With excellent income production, modern systems throughout, and executive-level finishes, 16 Rosemount stands out as a best-in-class multiplex-ideal for investors or those seeking a premium live/rent opportunity in one of Toronto's most sought-after pockets. Smart design. Prime location. Solid returns. This is the one you've been waiting for!
Estimate your monthly payments for this property
Estimated Payment
$11,942.57/mo
5-yr fixed avg.
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.
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.
16 Rosemount Avenue, Annex / Yorkville / Summerhill
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1080/sqft, this property is priced in line with current Yorkville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 95 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.
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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Yorkville.
Bathroom Count Matters
With 6 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.
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 $11,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.