$5,400/mo - 5 Salvador Allende Court, Yorkville
Condo for Rent in Yorkville
104 days on market- MLS Number
- C12855542
- Property Type
- Condo
- Status
- active
- Days on Site
- 104
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,800 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- None
- Exposure
- North
- Balcony
- Enclosed
- Listing Brokerage
- ROYAL LEPAGE PREMIUM ONE REALTY
***Limited Time Offer! 1-month free rent on a 1-year lease!!!*** Now for lease - A luxury unit - The Ossington Luxury Townhomes in Toronto's New Cultural Corridor Located at Ossington and Davenport. Step into this stunning Townhome offering open concept with 9ft ceiling height, marble/granite countertops with double sinks in the master ensuite, glass frameless shower enclosure in the ensuite with deep soaker tub and large framed mirrors. Featuring 3 spacious bedrooms, 2 modern bathrooms, and 2 car tandem parking. It's designed for effortless urban living. Private 100 sqft kitchen walk out patio overlooking the city skyline with gas bbq hook-up. You'll be surrounded by top-tier restaurants, boutique shops, lush parks, and unmatched city energy. With transit just steps away and every essential withing reach, this unbeatable location is the perfect place to call home. Don't miss your chance to lease in one of Toronto's premier rental communities!
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.
5 Salvador Allende Court, 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 $5,400/mo, this is asking above the typical 3-bedroom rent of ~$3,500/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.
Negotiation Opportunity
At 104 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.