606-55a Avenue Road, Toronto, ON

Annex, Toronto · MLS® C13222680

$1,501,500
For Sale
Listed 52 days ago
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2Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Welcome to The Residences of Hazelton Lanes, Yorkville Living at Its Finest! Experience luxury living in this spacious two-storey, two-bedroom condo in one of Toronto's most coveted addresses. Nestled in the heart of prestigious Yorkville, this boutique residence offers an intimate setting with just six storeys and 53 unique suites, ensuring both privacy and sophistication. Inside, you'll find hardwood flooring throughout the main level, an eat-in kitchen with stainless steel appliances, and a versatile open-concept living/dining area. The thoughtful layout provides multiple walkouts from the kitchen, living/dining, and second bedroom to a beautiful and expansive private terrace, perfect for relaxing or entertaining. A full laundry room with side-by-side washer/dryer, ample storage, and abundant closet space adds to the convenience. The highlight of this residence is the primary suite, which occupies the entirety of the second floor. This private retreat features a 5-piece ensuite bathroom and a custom walk-in closet with built-in shelving, offering both comfort and elegance.The Residences of Hazelton Lanes offer first-class concierge services and an unparalleled lifestyle. Just steps from Bloor Streets renowned Mink Mile, you'll have world-class shopping, fine dining, art galleries, the ROM, U of T, and vibrant nightlife quite literally at your doorstep. Parking and lockers are available for rent under contract, completing this rare Yorkville opportunity. Discover refined living in the iconic Residences of Hazelton Lanes where luxury, location, and lifestyle come together.Parking And Locker Available For Rent Under Contract.

Key facts

Property type
Condo Apartment, 2-Storey
MLS®
C13222680
Bedrooms
2
Bathrooms
2
Size
1200-1399
Cross streets
Avenue / Yorkville
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$2,551/mo
Exposure
West
Property tax
$6,395 / 2025
Days on market
52
Listing brokerage
PROPERTY.CA INC.

Rooms

Primary BedroomUpper4.15 × 3.89 m

5 pc ensuite · walk-in closet(s) · large window

KitchenMain3.70 × 3.41 m

b/i appliances · eat-in kitchen · w/o to terrace

Dining RoomMain6.39 × 5.63 m

open concept · w/o to terrace

Living RoomMain6.39 × 5.63 m

hardwood floor · combined w/dining · w/o to terrace

Bedroom 2Main5.09 × 3.70 m

hardwood floor · 4 pc ensuite · w/o to terrace

Our TakeTeam Asgarian · Broker
In the wider range
$1.30Mest. value

Listed at $1,501,500, and my independent estimate is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA.

In Annex lately, sellers get about 96% of asking; homes sell in ~35 days.

List price
$1.09MGreat deal$2.04MOverpriced

Total price vs nearby homes. Fair value about $1.30M, median of 39 comparables.

How this estimate is builtthe short version

I take the 39 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.23M, a close match.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

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 39 comparable homes nearby.

Comparable listingsCurrently listed nearby in Annex · asking prices
$1.40Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

3506-8 Cumberland Street$1.50M202-133 Hazelton Avenue$1.40M1101-170 Avenue Road$1.20M2104-88 Cumberland Street$1.30M208-280 Howland Avenue$1.60M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.50MThis home1.50M1.40M1.20M1.30M1.60MThis home vs active comparables
Live market pulseActive comparables in Annex · median list $880K
$1,155this home / sqft
92active listings nearby
52days on market
100sold nearby · 90 days
$626Kmedian sold price
96%of asking, on average

This home lists 17% below the area average of $1,387/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Annex, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bay Street Corridor
$556K
Church-Yonge Corridor
$601K
Moss Park
$894K
Waterfront Communities C1
$571K
Mount Pleasant West
$589K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Jesse Ketchum Junior and Senior Public School
87%
Jesse Ketchum Junior and Senior Public SchoolPublic · Elementary · 0.3 km awayHigher-rated than most nearby · 87% meet the provincial standard

Affordability & Mortgage

Affordability
$6,843/mo
$328KIncome needed
4.6×Price ÷ income
$1,579Weekly cost
20% down4.79%25-yr amortization

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.

69%mortgage
Mortgage $6,843Property tax $533Condo fee $2,551Total carry $9,927

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,410per month

Mortgage amount $1,201,200 · 4.14% over 25 years

$300,300Down payment (20.0%)
$1,201,200Loan before insurance
$0CMHC premium
$9,494Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,410
Property tax
$533
Condo / maintenance fees
$2,551
Heating
$0
Estimated monthly cost
$9,494

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$26,505
Toronto municipal land transfer tax
$26,505
Estimated closing costs
$53,010

Plus your down payment of $300,300. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,786/monthPayment at the qualifying rate

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

$721,815Total interest paid
$1,923,015Total of all payments
Principal $1,201,200 Interest $721,815
YearPrincipalInterestBalance
1$28,140$48,781$1,173,060
2$29,317$47,604$1,143,743
3$30,543$46,377$1,113,200
4$31,821$45,100$1,081,379
5$33,152$43,769$1,048,227
6$34,539$42,382$1,013,688
7$35,983$40,937$977,705
8$37,488$39,432$940,217
9$39,057$37,864$901,160
10$40,690$36,230$860,470
11$42,392$34,528$818,078
12$44,165$32,755$773,912
13$46,013$30,908$727,899
14$47,937$28,983$679,962
15$49,943$26,978$630,020
16$52,032$24,889$577,988
17$54,208$22,713$523,780
18$56,475$20,445$467,304
19$58,838$18,083$408,467
20$61,299$15,622$347,168
21$63,863$13,058$283,305
22$66,534$10,386$216,771
23$69,317$7,603$147,454
24$72,217$4,704$75,237
25$75,237$1,683$0

At the end of your 5-year term

Total paid over the term
$384,603
Principal paid down
$152,973
Interest paid
$231,630
Balance remaining
$1,048,227

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.

Let's connect

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

Rental yield
Estimate$4,100/mo
$49,200Gross annual rent
0.4%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

3.3%
Gross yield
− Property tax $6,395− Condo fees $30,613− Insurance $600− Vacancy & upkeep $5,412Net operating income $6,180

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PROPERTY.CA INC.. MLS®/PropTx.

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