How much condo should you get for $1.25 million in Toronto? If you're buying in some areas, you can do quite well for around this amount (relatively speaking), but real estate in Yorkville is another matter all together.

This unit in the Hazelton Residences is a good example of what's available near the lower end of this hyper luxury market. It's a nice condo, to be sure, but there just isn't much space. There's an open concept kitchen / dining / living room, a decent-sized bedroom, and two small washrooms.

What you do enjoy in a condo like this is well appointed communal spaces (the mail room might be the nicest in the city), top notch amenities, and an excellent balance between bustling city life and the quietness of Toronto's side streets.

Specs

• Address: #301 133 Hazelton Ave.
• Price: $1,268,000
• Bedrooms: 1
• Bathrooms: 2
• Parking: 1
• Walk Score: 96
• Transit Score: 91
• Maintenance Fees: $1,090.18
• Listing agent: Alex Brott & Heather Hadden
• Listing ID: C3691446

Noteworthy Features

• Corner unit
• Balcony
• 24 concierge
• Fitness centre
• Screening room

Good For

A young professional enamoured with Yorkville and the idea of living in a luxury building. Your dollar won't stretch as far here, but there's a certain appeal to living amidst high fashion shops, fine restaurants, and people loaded with cash (who own nicer condos than you).

Move On If

You want more space and you hate the idea of forking out over a grand each month in maintenance fees. This unit might not be super luxurious, but the building is, and that has a trickle down effect.

Thanks to Bosley Real Estate Ltd., Brokerage for sponsoring our condo of the week. All editorial written and selected by blogTO.