$648,000 - 155 Yorkville Avenue Unit 704, Yorkville
Condo for Sale in Yorkville
35 days on marketNeighbourhood: Annex
- MLS Number
- C13584112
- Property Type
- Condo
- Status
- active
- Days on Site
- 35
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- Owned
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- SAM MCDADI REAL ESTATE INC.
Welcome to suite 704 at 155 Yorkville Avenue! A distinguished residence in the heart of one of Toronto's most exclusive neighbourhoods. Elevated above the city's vibrant streets, this beautifully designed 1+1 bedroom suite captures the essence of contemporary city living, where expansive windows fill the interior with natural light and frame captivating views of downtown Toronto's skyline. The stylish kitchen showcases premium built-in stainless steel appliances, a panel ready refrigerator, quartz countertops, & custom cabinetry, seamlessly overlooking the open concept living & dining area where the city becomes part of the everyday view. The primary bedroom continues the experience with mirrored closets and large windows overlooking the city, while the versatile den effortlessly transforms into a home office, guest retreat, or inspiring creative space. Complete with a 4pc bathroom, ensuite laundry, and a private locker, this residence offers the perfect balance of comfort, style, and convenience. Equally compelling as a refined city home or an exceptional investment opportunity, the suite presents outstanding rental appeal in one of Toronto's most sought after locations. Residents enjoy an impressive collection of amenities including a 24hr concierge, state of the art fitness centre, party/media room, and more. Just beyond your door, Yorkville's designer boutiques, acclaimed restaurants, chic cafes, the Royal Ontario Museum, University of Toronto, Bloor Street, and Bay & Bloor-Yonge subway stations await, placing Toronto's Financial District, world class entertainment, and the city's most celebrated destinations within effortless reach. This is more than an address, it's a lifestyle defined by Yorkville.
Estimate your monthly payments for this property
Estimated Payment
$3,324.58/mo
Includes CMHC insurance ($18,079)
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
Annex 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
- •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 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.
155 Yorkville Avenue Unit 704, Annex / Yorkville / Summerhill
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Rental income estimator & ROI calculator
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
Premium Pricing
At $1296/sqft, this property is priced above the Yorkville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 35 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Efficient Living
At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Annex
I know Annex 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 $2,700 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.