4 Lowther Avenue Unit 605, Toronto C02

Price: $3,498,000

2 bedrooms, 3 bathrooms

2,250 sqft

Property Type: Condo

MLS#: C13782722

This exceptional light-filled two-bedroom, plus open-plan sub-penthouse of over 2300 sq.ft. is distinguished by quality design and master craftsmanship. Enter through double doors past an inviting foyer into a spacious living room (fireplace behind drywall), dining and den combination that flows seamlessly out to a rare west-facing covered terrace, exceeding 600 sq ft. and equipped with electric blinds along its length, and with multiple access points. The contemporary design is perfect for entertaining, with a dedicated entrance for catering staff, leading to the thoughtfully designed Bellini kitchen with Caesarstone counters and painted glass backsplash. This kitchen offers ample storage and a tranquil breakfast area overlooking the Annex. The primary suite boasts its own private office or den and a beautiful ensuite. The second bedroom/family room with a Murphy bed and custom built-ins, provides access to the terrace. 4 Lowther is a meticulously designed luxury building offering excellent amenities including a gym, swimming pool and sauna. It's steps away from trendy Yorkville restaurants designer shopping on Bloor Street and easy access to transit and cultural destinations like the Royal Ontario Museum and the Royal Conservatory of Music.

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active
New Listing

$3,498,000 - 4 Lowther Avenue Unit 605, Yorkville

Condo for Sale in Yorkville

New — Listed 2 days ago

Neighbourhood: Annex

2Beds
3Baths
2,250Sq Ft
Condo

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Property Details
MLS Number
C13782722
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
3
Square Feet
2,250 sqft
Neighbourhood
Annex / Yorkville / Summerhill
Locker
Owned
Exposure
North West
Balcony
Terrace
Listing Brokerage
HAZELTON REAL ESTATE INC.
Description

This exceptional light-filled two-bedroom, plus open-plan sub-penthouse of over 2300 sq.ft. is distinguished by quality design and master craftsmanship. Enter through double doors past an inviting foyer into a spacious living room (fireplace behind drywall), dining and den combination that flows seamlessly out to a rare west-facing covered terrace, exceeding 600 sq ft. and equipped with electric blinds along its length, and with multiple access points. The contemporary design is perfect for entertaining, with a dedicated entrance for catering staff, leading to the thoughtfully designed Bellini kitchen with Caesarstone counters and painted glass backsplash. This kitchen offers ample storage and a tranquil breakfast area overlooking the Annex. The primary suite boasts its own private office or den and a beautiful ensuite. The second bedroom/family room with a Murphy bed and custom built-ins, provides access to the terrace. 4 Lowther is a meticulously designed luxury building offering excellent amenities including a gym, swimming pool and sauna. It's steps away from trendy Yorkville restaurants designer shopping on Bloor Street and easy access to transit and cultural destinations like the Royal Ontario Museum and the Royal Conservatory of Music.

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Estimated Payment

$15,472.83/mo

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5-yr fixed avg.

Principal: $2,798,400Interest: $1,843,450
Mortgage Amount$2,798,400
Total Interest$1,843,450
Est. Property Tax$2,478/mo
Total Cost$4,641,850

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

4 Lowther Avenue Unit 605, Annex / Yorkville / Summerhill

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Investor Analysis

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Estimated Monthly Rent
$3,360/mo
Range: $2,856 - $3,864
Cap Rate (ROI)
-0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,360
Maintenance Fees-$1,463
Property Tax (est.)-$2,478
Insurance (est.)-$729
Net Cash Flow-$1,310

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 $1555/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.

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.

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.

Bathroom Count Matters

With 3 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 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 $14,575 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    4 Lowther Avenue Unit 605 | $3,498,000 | Battaglia Team