$4,998,000 - 40 Bernard Avenue, Yorkville
Semi-Detached for Sale in Yorkville
55 days on market- MLS Number
- C13031538
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 55
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Listing Brokerage
- ROYAL LEPAGE/J & D DIVISION
A rare opportunity to live just steps from Yorkville in a fully realized, design-forward home where everything is done-and everything is within reach. 40 Bernard has been meticulously restored back to the bricks, reimagined as a seamless blend of historic character and contemporary refinement. Set on one of the most coveted blocks in the East Annex, it offers the kind of lifestyle that is increasingly hard to find: walkable, connected, and quietly luxurious. Spanning approximately 3,685 square feet, the home is defined by its light, volume, and thoughtful design. The main floor unfolds effortlessly-anchored by an exceptional chef's kitchen featuring professional-grade appliances, custom rift oak and white cabinetry, a sculptural fluted island, and a striking leathered quartzite slab that reads as both functional surface and natural artwork. A banquette dining area and beautifully integrated built-ins complete the space, while an oversized opening draw you out to a deep, private garden-an unexpected retreat in the city. The second floor primary suite offers a calm, hotel-like atmosphere with tailored millwork, a generous walk-in closet, and a refined ensuite featuring a custom walnut vanity, matte resin freestanding tub, and separate water closet. An elegant study-ideal for quiet work or a moment of retreat-extends the sense of privacy and ease, creating a suite that feels both elevated and complete. Additional bedrooms are well-proportioned and thoughtfully designed, with a third-floor level that opens to a secluded sundeck set among the trees. The lower level continues the home's elevated feel, with full ceiling height, custom built-ins, a comfortable recreation space, guest bedroom, and beautifully finished bath-ideal for both everyday living and hosting. Every detail has been carefully considered, from the quality of materials to the integration of new mechanical systems. The result is a home that feels complete, composed, and effortlessly livable.
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Estimated Payment
$22,107.84/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.
40 Bernard Avenue, Annex / Yorkville / Summerhill
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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
Premium Pricing
At $1999/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 55 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 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.
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 $20,825 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.