$1,549,000 - 131 Lauder Avenue, Yorkville
Multi-Family for Sale in Yorkville
New — Listed 4 days agoNeighbourhood: Wychwood
- MLS Number
- W13693722
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 4
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Listing Brokerage
- SUTTON GROUP-ASSOCIATES REALTY INC.
A grand dame with undeniable charm and exceptional potential, this home makes a memorable first impression with its handsome presence and great curb appeal. Rich in character and filled with the architectural appeal of a bygone era, it offers a rare opportunity to shape a home for today while positioning yourself for long-term value. Currently divided into two owner-occupied units - main floor and second/third floors plus basement - the property offers flexibility from day one. Keep it as a multiplex, establish your own rents, and maximize its income potential, or restore this distinguished home to its original glory and create a spectacular five-bedroom single-family residence. The scale, setting, and street are all well suited to supporting the value of a truly exceptional transformation. Enjoy the insulated, powered bunkie at the back of the garden, currently used as a cozy spot for watching TV, lounging, or hanging out with friends. Just steps from St. Clair Avenue West, you are surrounded by vibrant urban offerings, from cafés and restaurants to shops and everyday conveniences. Nearby Corso Italia brings an unmistakable connection to Italian culture, food, music, and community. The Wychwood Barns and Regal Public School are also close at hand, adding to the neighborhood's appeal.
Estimate your monthly payments for this property
Estimated Payment
$6,851.75/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 Wychwood
Wychwood 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 Wychwood
- •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
Wychwood 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.
131 Lauder 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
Competitive Pricing
At $775/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
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.
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.
About Wychwood
I know Wychwood well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $6,454 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.