408-55A Avenue Road, Toronto, ON
Annex, Toronto · MLS® C13024434
About this home
Luxurious living at its finest in the heart of Yorkville! There is no better value in all of Yorkville at this price point. Prestigious five star location, The Residences of Hazelton Lanes is where you will find your next place to call home. This fabulous 2 storey 2 bedroom 3 bathroom with 2 terraces is to good of an opportunity to miss out on! Main floor features an open concept floor plan allowing for entertaining with a walk out to an oversized terrace with glorious unobstructed city views. A chefs designer kitchen with state of the art appliances, porcelain countertops and custom cabinetry a powder room and a storage room under the stairs. Make your way to the second floor and behold a grand primary bedroom with a walk out to terrace, 5 piece spa like ensuite bathroom, laundry area and a second large bedroom also with its own walk out to a terrace and a 4 piece bathroom. The building has just finished a massive renovation to all the hallways and is absolutely stunning. Did I mention the oversized terraces on both the main and upper floors!! First class concierge services await the lifestyle you deserve. All the finest shopping, dining and galleries literally at your doorstep. Truly a must see!
Key facts
- Property type
- Condo Apartment, 2-Storey
- MLS®
- C13024434
- Bedrooms
- 2
- Bathrooms
- 3 (1 half)
- Size
- 1400-1599
- Cross streets
- Yorkville Ave. and Avenue Rd.
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $2,635/mo
- Exposure
- West
- Property tax
- $6,515 / 2025
- Days on market
- 93
- Listing brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Rooms
stainless steel appl · breakfast bar · pot lights
w/o to terrace · closet · laminate
double closet · 2 pc bath · marble floor
combined w/dining · w/o to terrace · open concept
w/o to terrace · 5 pc ensuite · double closet
combined w/living · w/o to terrace · open concept
Listed at $1,579,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
In Annex lately, sellers have been getting about 95% of asking and homes sell in about 35 days.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 21 similar homes nearby, adjusted for size, beds, and baths.Median of 21 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.46M, a bit lower. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $2.38M
- Bedrooms −$30K
- Bathrooms +$30K
- Adjusts to $2.38M
That comparable adjusts to $2.38M; the $1.81M estimate above is the median of all 21 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
Its public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $1.81M, median of 21 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 24% below the area average of $1,379/sqft.
92 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Annex, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $1,263,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,741
- Property tax
- $543
- Condo / maintenance fees
- $2,635
- Heating
- $0
- Estimated monthly cost
- $9,919
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,055
- Toronto municipal land transfer tax
- $28,055
- Estimated closing costs
- $56,110
Plus your down payment of $315,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $404,454
- Principal paid down
- $160,869
- Interest paid
- $243,585
- Balance remaining
- $1,102,331
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.