$12,500/mo - 770 Palmerston Avenue, Yorkville
Semi-Detached for Rent in Yorkville
70 days on market- MLS Number
- C12966288
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 70
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Listing Brokerage
- KINGSWAY REAL ESTATE
An exceptional 3-storey luxury home in the coveted Seaton Village neighborhood - rarely available, and custom-built with 4+1 bedrooms, 4 baths, and designer finishes throughout. Steps to top-ranked schools, including Palmerston Avenue Jr and Royal St. George's College, greenery at Vermont Square Park, St. Alban's year round rink and pool, Fiesta Farms, Summerhill Market, Loblaws, transit, and more. Inside, an open-concept layout showcases custom millwork, oak hardwood, imported marble, and a gourmet kitchen at the heart of the home. Featuring high-end Bosch appliances, a large island with undermount lighting, soft-close cabinetry, and ample storage. A full-width custom window overlooks a private, fully fenced backyard with deck and green space - ideal for summer entertaining. The main floor includes a powder room, entryway closet, additional storage closet, and mirrored dry bar. The second floor offers three spacious bedrooms for children, guests, or home offices. The front bedroom stands out with cathedral ceilings, a statement chandelier, and a striking 15' custom window. A 4-piece bathroom completes this level. The third floor is a private retreat with expansive skylights and a spa-inspired 5-piece ensuite wrapped in marble tile, featuring a soaking tub, glass shower, and double vanity. The primary bedroom is generously sized with a newly added walk-in closet - for a total of two walk-in closets, perfect for both partners. The finished lower level provides a flexible living space with a gym, full kitchen, laundry room, and 4-piece bath - perfect as a nanny suite, in-law space, or recreation room. Can be available FULLY FURNISHED for an additional fee. Monthly rent includes biweekly cleaning, biweekly landscaping (May-November), and high-speed Wi-Fi. A true turnkey luxury lease for professionals or families.
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.
770 Palmerston Avenue, 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 $12,500/mo, this is asking above the typical 4-bedroom rent of ~$4,200/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 70 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.
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 4 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.