$1,450,000 - 568 Delaware Avenue, Yorkville
Detached for Sale in Yorkville
New — Listed 3 days ago- MLS Number
- C13441160
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Listing Brokerage
- INTERNATIONAL REALTY FIRM, INC.
Discover this exceptional detached home in the heart of Wychwood, thoughtfully reimagined with luxurious finishes and meticulous attention to detail. Designed for modern family living, the bright and airy open-concept layout offers an effortless flow between living, dining, and entertaining spaces.At the heart of the home is a stunning contemporary kitchen, complemented by elegantly designed bathrooms and 4+1 spacious bedrooms. Each bedroom features its own private ensuite, providing comfort, privacy, and convenience for family members and guests alike.Natural light pours in through multiple skylights, creating a warm and inviting atmosphere throughout. Step out onto the expansive deck and enjoy beautiful views overlooking the surrounding neighbourhood.Major upgrades have been completed throughout the home, including new windows, a high-efficiency gas furnace, central air conditioning, and fully modernized electrical and plumbing systems.Situated on an oversized lot, the property offers a secluded backyard retreat and the rare advantage of a double-car garage with laneway access. Ideally positioned within walking distance of TTC transit, excellent schools, parks, cafés, and nearby amenities, this turnkey residence delivers the perfect blend of style, function, and location.
Estimate your monthly payments for this property
Estimated Payment
$6,413.84/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.
568 Delaware 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
Fair Market Value
At $967/sqft, this property is priced in line with current Yorkville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
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 $6,042 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.