$12,500/mo - 721 Markham Street, Yorkville
Detached for Rent in Yorkville
Neighbourhood: Annex
- MLS Number
- C13616638
- Property Type
- Detached
- Status
- active
- Days on Site
- 25
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Welcome to this rare fully detached home in the heart of Seaton Village, offered as a short-term rental for flexible terms of up to one year. Fully furnished with all utilities included in the monthly rent, this turnkey residence provides exceptional convenience, comfort and flexibility.Featuring four bedrooms, five bathrooms and approximately 2,336 square feet above grade, plus a finished walkout basement, the home offers generous space for everyday family living. Thoughtfully designed throughout, it features hardwood flooring, built-in cabinetry, a fireplace, a spacious kitchen with centre island and a private main-floor office.The third-floor primary retreat includes a walk-in closet, five-piece ensuite with heated floors and a walkout to a private sundeck. The finished lower level offers additional recreation and office space, heated floors and direct access to the backyard.What truly sets this property apart is the land. The home spans two separately titled lots, with an expansive backyard that widens to an impressive 50.68 feet at the rear laneway. The private outdoor space features a luxury outdoor kitchen with high-end barbecue, gas fire-pit, built-in speakers and lighting, along with a detached two-car garage.Located just a three-minute walk from Bathurst Station and close to parks, schools, shops, restaurants and the Mirvish Village development, this is a rare opportunity to enjoy the space and privacy of a detached home in one of Toronto's most connected neighbourhoods. Professional cleaning, lawn maintenance, snow removal and other property maintenance services may also be arranged at an additional cost.
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.
721 Markham Street, 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 $12,500/mo, this is asking above the typical 4-bedroom rent of ~$4,200/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.
Market Position
At 25 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.
Detached Home Advantages
Detached homes in Yorkville are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Yorkville. Good resale value as demand remains consistent.
Bathroom Count Matters
With 5 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.