$30,000/mo - 50 Yorkville Avenue Unit 4501, Yorkville
Condo for Rent in Yorkville
83 days on market- MLS Number
- C13002736
- Property Type
- Condo
- Status
- active
- Days on Site
- 83
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 2,750 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTRON BARRY COHEN HOMES INC.
Experience Elevated Urban Living In This Awe-Inspiring, One-Of-A-Kind Four Seasons Residence, Now Available For Lease. Available Fully Furnished, Offering Seamless, Turnkey Opportunity To Move In Effortlessly And Start Enjoying The Space From Day One. Thoughtfully Redesigned And Reimagined To Maximize Its Breathtaking, Unobstructed Panoramic Views, This Exceptional Corner Suite Offers The Ultimate In Refined Luxury. Bathed In Natural Light Through Dramatic Floor-To-Ceiling Windows, The Home Showcases Sweeping Western Lake Vistas And Unforgettable Sunsets From Nearly Every Principal Room. Elegant Wood Accents, Sophisticated Finishes, And Advanced Home Automation With Integrated A/V And Lighting Systems Create A Blend Of Comfort And Modern Convenience. A Private Elevator Entry Opens Into Expansive, Open-Concept Living And Entertaining Spaces, Including Generously Scaled Principal Rooms Designed For Both Grand Entertaining And Relaxed Everyday Living. The Gourmet Kitchen Is A Chef's Dream, Featuring An Oversized Island, Top-Of-The-Line Integrated Appliances, And Exceptional Storage. The Sprawling Primary Suite Offers A True Retreat, Complete With His-And-Her Walk-In Closets And A Lavish Seven-Piece Marble Ensuite Spa Bath. Residents Enjoy The Unparalleled Lifestyle Of Five-Star Hotel Living, With World-Class Amenities Including A State-Of-The-Art Fitness Centre, Luxury Spa, Full Concierge Services, And In-Residence Dining And Room Service. A Truly Rare Opportunity To Lease One Of The City's Most Distinguished Suites.
Estimate your monthly payments for this property
Estimated Payment
$153.92/mo
Includes CMHC insurance ($837)
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 / 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
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.
50 Yorkville Avenue Unit 4501, Annex / Yorkville / Summerhill
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $30,000/mo, this is asking above the typical 2-bedroom rent of ~$2,900/mo in Yorkville. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Negotiation Opportunity
At 83 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.
Larger Home Realities
At 2,750 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.