$3,500/mo - 83 Madison Avenue Unit Lower, Yorkville
Semi-Detached for Rent in Yorkville
Neighbourhood: Annex
- MLS Number
- C13604088
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 30
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Listing Brokerage
- CRESCENT REAL ESTATE INC.
Live in the heart of the city in this charming 3-bedroom unit, perfect for a group of friends or students seeking space, style & convenience. This unit does not feel like a basement with its tall ~8ft ceilings, laminate hardwood floors throughout & a window in each bedroom room for good natural light. This home effortlessly blends old-world character w/modern comforts. With separate living and dining space open to the kitchen (with dishwasher), this unit is both functional and cozy. Shared laundry is on your floor, making chores quick and easy. The shared backyard is perfect for weekend hangouts or quiet study sessions. Located in prime The Annex, one of Toronto's most vibrant neighborhoods, you'll be among beautiful Victorian & Edwardian homes, only two minute walk to University of Toronto, two minute walk to TTC Subway, & right in the middle of the culture, grocery stores, cafes, adventure & creativity defining downtown Toronto living. From here, you have easy access to explore all corners of the city via nearby transit options, making your daily commute or late-night outings a breeze. The unit & house exude character and charm, something you can't replicate in a high-rise. Whether you're hitting the books, hanging out w/friends, or soaking in all that Toronto has to offer, this unit delivers on comfort and unbeatable access to the city. Come experience downtown living at its best, right here in The Annex! Exclusions: Laundry machines are commercial grade and pay per use only $2/load. Tenants to pay 25% of Water and Heat, as well as their own Hydro w/separate meter. Students welcome w/parents as Guarantors! *Photos and Virtual Tour from 2025.
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.
83 Madison Avenue Unit Lower, 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
Fairly Priced Rental
At $3,500/mo, this is in line with typical 3-bedroom rents in Yorkville (~$3,500/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.
Market Position
At 30 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.
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.
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.