55a Avenue Road Unit 606, Toronto C02

Price: $1,501,500

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: C13222680

Welcome to The Residences of Hazelton Lanes, Yorkville Living at Its Finest! Experience luxury living in this spacious two-storey, two-bedroom condo in one of Toronto's most coveted addresses. Nestled in the heart of prestigious Yorkville, this boutique residence offers an intimate setting with just six storeys and 53 unique suites, ensuring both privacy and sophistication. Inside, you'll find hardwood flooring throughout the main level, an eat-in kitchen with stainless steel appliances, and a versatile open-concept living/dining area. The thoughtful layout provides multiple walkouts from the kitchen, living/dining, and second bedroom to a beautiful and expansive private terrace, perfect for relaxing or entertaining. A full laundry room with side-by-side washer/dryer, ample storage, and abundant closet space adds to the convenience. The highlight of this residence is the primary suite, which occupies the entirety of the second floor. This private retreat features a 5-piece ensuite bathroom and a custom walk-in closet with built-in shelving, offering both comfort and elegance.The Residences of Hazelton Lanes offer first-class concierge services and an unparalleled lifestyle. Just steps from Bloor Streets renowned Mink Mile, you'll have world-class shopping, fine dining, art galleries, the ROM, U of T, and vibrant nightlife quite literally at your doorstep. Parking and lockers are available for rent under contract, completing this rare Yorkville opportunity. Discover refined living in the iconic Residences of Hazelton Lanes where luxury, location, and lifestyle come together.Parking And Locker Available For Rent Under Contract.

55a Avenue Road Unit 606 - Condo photo 1 of 22 in Annex / Yorkville / Summerhill, Ontario
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New Listing
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$1,501,500 - 55a Avenue Road Unit 606, Yorkville

Condo for Sale in Yorkville

New — Listed 2 days ago
2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
C13222680
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Annex / Yorkville / Summerhill
Locker
Common
Exposure
West
Balcony
Terrace
Listing Brokerage
PROPERTY.CA INC.
Description

Welcome to The Residences of Hazelton Lanes, Yorkville Living at Its Finest! Experience luxury living in this spacious two-storey, two-bedroom condo in one of Toronto's most coveted addresses. Nestled in the heart of prestigious Yorkville, this boutique residence offers an intimate setting with just six storeys and 53 unique suites, ensuring both privacy and sophistication. Inside, you'll find hardwood flooring throughout the main level, an eat-in kitchen with stainless steel appliances, and a versatile open-concept living/dining area. The thoughtful layout provides multiple walkouts from the kitchen, living/dining, and second bedroom to a beautiful and expansive private terrace, perfect for relaxing or entertaining. A full laundry room with side-by-side washer/dryer, ample storage, and abundant closet space adds to the convenience. The highlight of this residence is the primary suite, which occupies the entirety of the second floor. This private retreat features a 5-piece ensuite bathroom and a custom walk-in closet with built-in shelving, offering both comfort and elegance.The Residences of Hazelton Lanes offer first-class concierge services and an unparalleled lifestyle. Just steps from Bloor Streets renowned Mink Mile, you'll have world-class shopping, fine dining, art galleries, the ROM, U of T, and vibrant nightlife quite literally at your doorstep. Parking and lockers are available for rent under contract, completing this rare Yorkville opportunity. Discover refined living in the iconic Residences of Hazelton Lanes where luxury, location, and lifestyle come together.Parking And Locker Available For Rent Under Contract.

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Estimated Payment

$6,641.64/mo

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5-yr fixed avg.

Principal: $1,201,200Interest: $791,292
Mortgage Amount$1,201,200
Total Interest$791,292
Est. Property Tax$1,064/mo
Total Cost$1,992,492

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.

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Neighbourhood Guide: Annex / Yorkville / Summerhill

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

55a Avenue Road Unit 606, Annex / Yorkville / Summerhill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
0.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$1,064
Insurance (est.)-$313
Net Cash Flow+$363

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1251/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.

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.

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 $6,256 (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.

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    55a Avenue Road Unit 606, Ann… — $1,501,500 | Battaglia Team