225 Davenport Road Unit 514, Toronto C02

Price: $2,095,000

3 bedrooms, 2 bathrooms

1,800 sqft

Property Type: Condo

MLS#: C13143634

Suite 514 is not a renovated condominium. It is a fully reimagined residence in a rare L-shaped building with unobstructed views on both sides: Ramsden Park and tree canopy to the north, the greenery and gardens of Yorkville to the south, light shifting across the home all day and sunsets reflecting off the surrounding facades. Yes, the street-level retail at 225 Davenport is dated, but independent from the residences above with a sweeping rooftop terrace offering BBQs, dining, lounge seating, and skyline views. Taken back to the concrete and rebuilt from the ground up, every sightline, material, and lighting moment has been intentionally resolved, reminiscent of a refined Parisian or New York residence. A rare wood-burning fireplace, finished in wine-coloured zellige tile, anchors the living space with warmth rarely found in apartment living. The kitchen centres a Calacatta Viola stone island and bespoke bar, integrated into the living environment rather than set apart. Carbon-stained oak millwork wraps the foyer, concealing doors so the bedroom wing disappears into the panelling. The original solariums were removed so the home now opens fully to light and breeze rather than seasonal enclosure. The primary suite unfolds as a sequence of spaces rather than a single bathroom, with a Calacatta Viola dressing and vanity area open to north light, and a separately enclosed shower and water closet. The second bedroom has its own Carrara marble ensuite with soaking tub. A third bedroom or den offers flexible guest, office, or family use. Walk down Hazelton Avenue into Yorkville, with city bikes at the corner, Eataly, Summerhill Market, Loblaws City Market, and Whole Foods nearby, and Rosedale and Bay subway stations each under a 10-minute walk. The pet-friendly building runs 24-hour concierge and weekday maintenance staff, with dedicated visitor parking. Maintenance fees are all-inclusive of heat, hydro, and water. See the Multimedia section for the complete experience!

225 Davenport Road Unit 514 - Condo photo 1 of 39 in Annex / Yorkville / Summerhill, Ontario
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$2,095,000 - 225 Davenport Road Unit 514, Yorkville

Condo for Sale in Yorkville

49 days on market

Neighbourhood: Annex

3Beds
2Baths
1,800Sq Ft
Condo
Property Details
MLS Number
C13143634
Property Type
Condo
Status
active
Days on Site
49
Bedrooms
3
Bathrooms
2
Square Feet
1,800 sqft
Neighbourhood
Annex / Yorkville / Summerhill
Locker
Owned
Exposure
North South
Balcony
None
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Description

Suite 514 is not a renovated condominium. It is a fully reimagined residence in a rare L-shaped building with unobstructed views on both sides: Ramsden Park and tree canopy to the north, the greenery and gardens of Yorkville to the south, light shifting across the home all day and sunsets reflecting off the surrounding facades. Yes, the street-level retail at 225 Davenport is dated, but independent from the residences above with a sweeping rooftop terrace offering BBQs, dining, lounge seating, and skyline views. Taken back to the concrete and rebuilt from the ground up, every sightline, material, and lighting moment has been intentionally resolved, reminiscent of a refined Parisian or New York residence. A rare wood-burning fireplace, finished in wine-coloured zellige tile, anchors the living space with warmth rarely found in apartment living. The kitchen centres a Calacatta Viola stone island and bespoke bar, integrated into the living environment rather than set apart. Carbon-stained oak millwork wraps the foyer, concealing doors so the bedroom wing disappears into the panelling. The original solariums were removed so the home now opens fully to light and breeze rather than seasonal enclosure. The primary suite unfolds as a sequence of spaces rather than a single bathroom, with a Calacatta Viola dressing and vanity area open to north light, and a separately enclosed shower and water closet. The second bedroom has its own Carrara marble ensuite with soaking tub. A third bedroom or den offers flexible guest, office, or family use. Walk down Hazelton Avenue into Yorkville, with city bikes at the corner, Eataly, Summerhill Market, Loblaws City Market, and Whole Foods nearby, and Rosedale and Bay subway stations each under a 10-minute walk. The pet-friendly building runs 24-hour concierge and weekday maintenance staff, with dedicated visitor parking. Maintenance fees are all-inclusive of heat, hydro, and water. See the Multimedia section for the complete experience!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$9,266.89/mo

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5-yr fixed avg.

Principal: $1,676,000Interest: $1,104,067
Mortgage Amount$1,676,000
Total Interest$1,104,067
Est. Property Tax$1,484/mo
Total Cost$2,780,067

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

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

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 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

225 Davenport Road Unit 514, Annex / Yorkville / Summerhill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,400/mo
Range: $2,890 - $3,910
Cap Rate (ROI)
0.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,400
Maintenance Fees-$1,170
Property Tax (est.)-$1,484
Insurance (est.)-$436
Net Cash Flow+$310

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

Premium Pricing

At $1164/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.

Negotiation Opportunity

At 49 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.

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 $8,729 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    225 Davenport Road Unit 514 | $2,095,000 | Battaglia Team