$1,699,000 - 55A Avenue Road Unit 406, Yorkville
Condo for Sale in Yorkville
42 days on market- MLS Number
- C13079838
- Property Type
- Condo
- Status
- active
- Days on Site
- 42
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- None
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Welcome To Prestigious Yorkville And The Residences Of Hazelton Lanes, Just Steps From Bloor Street Renowned "Mink Mile. Experience Luxury Living at Its Finest in One of Toronto's Most Exclusive Addresses. Nestled In The Heart Of Yorkville, This Boutique Residence Offers Privacy And Sophistication With Just Six Storeys And 53 Unique Suites. This Rare Two-Storey, 1,500+ Sq. Ft. Suite Offers Two Spacious Bedrooms, Three Elegant Bathrooms, And Two Expansive Private Terraces, Each Equipped With Gas BBQ Hookups Perfect For Seamless Indoor-Outdoor Entertaining. The Sun-Drenched, Open-Concept Living And Dining Areas Flow Effortlessly Onto A 23' X 8' Terrace. The Contemporary Kitchen Is A Chef's Dream, Featuring Custom Cabinetry, Premium Stainless-Steel Appliances, Bespoke Stone Countertops And Backsplash And Designer Flooring Throughout. Upstairs, The Luxurious Primary Suite Offers A Walk-Out To The Second Terrace And A Spa-Inspired 5-Piece Ensuite. The Second Bedroom Also Opens To The Terrace, Creating A Rare Urban Retreat. A Stylish Second-Floor Laundry And An Additional 3-Piece Guest Bathroom Provide Added Convenience. Extras: Enjoy All That Yorkville Has To Offer World-Class Dining, High-End Shopping, Renowned Art Galleries, Vibrant Nightlife, And Cultural Institutions, All Within Steps Of Your Door. Parking And Locker Available For Rent Under Contract.
Estimate your monthly payments for this property
Estimated Payment
$7,515.25/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.
55A Avenue Road Unit 406, 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 $1214/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.
Market Position
At 42 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.
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 $7,079 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.