$11,495/mo - 68 Yorkville Avenue Unit 1601, Yorkville
Condo for Rent in Yorkville
104 days on market- MLS Number
- C12856604
- Property Type
- Condo
- Status
- active
- Days on Site
- 104
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Welcome to Residence 1601 at The Regency, an intimate boutique residence of just 58 suites in the heart of Yorkville. Spanning approximately 2,671 sq ft, this meticulously maintained corner suite offers grand principal rooms, approx 10-foot ceilings without bulkheads, and exceptional natural light from its south-east and west exposures. Positioned on a floor with only two suites, the residence offers an exceptional level of privacy. Expansive living and dining areas open seamlessly to a sun-filled south-facing terrace overlooking Bay Street, while a second terrace captures southwest views down Yorkville Avenue - ideal for entertaining or enjoying quiet mornings above the city. The thoughtfully designed layout features generously proportioned bedrooms, including a luxurious primary retreat with a spa-inspired ensuite and double custom walk-in closets, complemented by refined finishes throughout. Recently refreshed with new paint and updated lighting, the suite presents beautifully and is move-in ready. Located steps from the Four Seasons Hotel, world-class dining, designer boutiques, galleries, and cultural institutions, residents enjoy valet parking, 24-hour concierge, fitness facilities, and the understated elegance of one of Yorkville's premier boutique buildings. Two side-by-side valet parking spaces and one large locker are included - a rare opportunity to lease a full-scale luxury residence in the heart of Yorkville.
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.
68 Yorkville Avenue Unit 1601, 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 $11,495/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.
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.
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.