89 Bernard Avenue, Toronto C02

Price: $2,649,000

6 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Semi-Detached

MLS#: C13156500

Rarely does a home of this scale, character, and address come to market in The Annex. Set on an exceptionally wide 32-foot lot with the coveted luxury of three-car private parking, this remarkable residence offers nearly 4,000 square feet of beautifully proportioned living across four levels- a combination almost impossible to find in one of Toronto's most prestigious neighbourhoods. The main floor makes an immediate impression. A gracious marble foyer and sweeping staircase set the tone, opening to a grand formal living room anchored by a stunning marble fireplace, an elegant dining area ideal for entertaining, and an updated kitchen with new premium appliances. The scale and flow are exceptional. The second floor is a private retreat. The primary suite features a walk-in closet, a luxurious ensuite, and a coveted walk-out to a private terrace. A second bedroom with its own ensuite and a charming sitting room with a bay window complete this level beautifully. The third floor offers rare flexibility, two generous bedrooms, a full bathroom, a sun-drenched south-facing terrace, and a magnificent family and recreation room. The lower level provides a self-contained nanny or guest suite with an ensuite bath, soaring ceiling heights, and expansive recreation space. Steps to Yorkville, Bloor Street, the University of Toronto, and the very best of the city, this is Annex living at its finest.

89 Bernard Avenue - Semi-Detached photo 1 of 37 in Annex / Yorkville / Summerhill, Ontario
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$2,649,000 - 89 Bernard Avenue, Yorkville

Semi-Detached for Sale in Yorkville

New — Listed 4 days ago
6Beds
5Baths
2,500 - 2,999Sq Ft
Semi-Detached
Property Details
MLS Number
C13156500
Property Type
Semi-Detached
Status
active
Days on Site
4
Bedrooms
6
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Annex / Yorkville / Summerhill
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Description

Rarely does a home of this scale, character, and address come to market in The Annex. Set on an exceptionally wide 32-foot lot with the coveted luxury of three-car private parking, this remarkable residence offers nearly 4,000 square feet of beautifully proportioned living across four levels- a combination almost impossible to find in one of Toronto's most prestigious neighbourhoods. The main floor makes an immediate impression. A gracious marble foyer and sweeping staircase set the tone, opening to a grand formal living room anchored by a stunning marble fireplace, an elegant dining area ideal for entertaining, and an updated kitchen with new premium appliances. The scale and flow are exceptional. The second floor is a private retreat. The primary suite features a walk-in closet, a luxurious ensuite, and a coveted walk-out to a private terrace. A second bedroom with its own ensuite and a charming sitting room with a bay window complete this level beautifully. The third floor offers rare flexibility, two generous bedrooms, a full bathroom, a sun-drenched south-facing terrace, and a magnificent family and recreation room. The lower level provides a self-contained nanny or guest suite with an ensuite bath, soaring ceiling heights, and expansive recreation space. Steps to Yorkville, Bloor Street, the University of Toronto, and the very best of the city, this is Annex living at its finest.

Mortgage Calculator

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Estimated Payment

$11,717.42/mo

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5-yr fixed avg.

Principal: $2,119,200Interest: $1,396,026
Mortgage Amount$2,119,200
Total Interest$1,396,026
Est. Property Tax$1,876/mo
Total Cost$3,515,226

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

89 Bernard Avenue, Annex / Yorkville / Summerhill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,350/mo
Range: $3,698 - $5,003
Cap Rate (ROI)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,350
Maintenance Fees-$0
Property Tax (est.)-$1,876
Insurance (est.)-$552
Net Cash Flow+$1,922

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

Fair Market Value

At $1060/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 6 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 $11,038 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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