$6,095,000 - 55 Farnham Avenue, Yorkville
Detached for Sale in Yorkville
New — Listed 5 days ago- MLS Number
- C13148342
- Property Type
- Detached
- Status
- active
- Days on Site
- 5
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
A striking architect-designed residence rebuilt to the highest standards in 2020, blending modern sophistication with exceptional craftsmanship. Completed in 2020, 55 Farnham was taken back to the studs and reconstructed by WPML with architecture by Set less Architecture, interiors by Tanya Bonus, and landscaping by Earth Inc. Only the original side walls remain. The main floor is thoughtfully designed for both elegant entertaining and everyday living. A welcoming foyer with exceptional built-in storage for coats and shoes offers rare practicality. The living room has an elegant fireplace and opens to the grand dining room. At the rear of the home, the space opens to a stunning chef's kitchen featuring Miele, Wolf & Sub-Zero appliances, and a statement Galley workstation sink, combined with a sun-filled family room. The second level hosts three generously proportioned bedrooms, complemented by a thoughtfully designed laundry room with extensive hanging and drying capacity, and two elegantly appointed bathrooms. The third level is dedicated to an exceptional primary retreat, complete with a south-facing IPE-clad balcony, a spacious walk-in closet, and a luxurious, spa-inspired suite. Exceptional features include two-zone HVAC, radiant-heated basement floors, heated entry and baths, and a heated driveway and walkways. Smart home integration controls Lutron lighting, audio, blinds, and security. Finished with Unik Funkis windows and doors, Petersen Tegl brick, zinc roof, Hollace Cluny lighting, two gas fireplaces, IPE decks, and a newly landscaped (2025) backyard with a new patio and AstroTurf. Front pad parking fee $748.35 (2026). This home is not to be missed!
Estimate your monthly payments for this property
Estimated Payment
$26,960.24/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.
55 Farnham 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 $2032/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Yorkville's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Yorkville. Good resale value as demand remains consistent.
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.