Living in The Annex, Toronto

The short answer

The Annex sits on Bloor Street West between Bathurst and Bay stations and parts of it are inside City Heritage Conservation Districts. Apartment buildings make up most of its homes, with semi-detached, row and detached houses on the side streets.

For a buyer that means two markets under one name. Most of what sells is a condo apartment, while the houses trade in much smaller numbers and at a much higher price level. Both sit on top of the subway, which is the neighbourhood’s strongest practical argument.

What homes cost

From April to June 2026 TRREB recorded 133 sales in the Annex community with a median of $1,240,000 and an average of $1,660,517 across all property types. The table above breaks that down by property type.

Condo apartments were 82 of the 133 sales, with a median of about $858,000. Their average of about $1,397,000 sits far above that median, which tells you a small number of expensive units pulled the average up. Use the median as the better guide to a typical apartment sale.

Houses are a different price level. Semi-detached homes were the largest house category with 27 sales and a median of about $1,725,000. Freehold row and townhouses had 9 sales at a median of about $1,825,000. Only 8 detached houses sold, with a median of about $1,950,000 and an average of about $2,882,000, so a single sale can move those figures a long way. The 7 condo townhouse sales had a median of about $1,260,000.

Housing stock

The 2021 Census profile for the City’s Annex neighbourhood counts 29,300 residents in 16,325 private dwellings. Of those, 54.5% were in apartment buildings of five or more storeys and 27.8% in buildings under five storeys, a category that includes houses converted into flats. Single-detached houses were 3.8% of dwellings.

Tenure leans toward renting: 40.9% of households owned and 59.1% rented in 2021. For a buyer of a multi-unit house that matters, because existing tenancies may come with the property. Confirm the status of every unit with your lawyer before you firm up an offer.

Heritage rules apply to parts of the area. The City lists the East Annex Heritage Conservation District, adopted in 1994, which the City describes as the first large residential neighbourhood it studied as a potential district. West Annex Phase 1 on Madison Avenue was adopted in 2015, West Annex Phase II is in development and Harbord Village and Yorkville-Hazelton districts sit next door. Inside a district, exterior changes can need a heritage permit, so check an address with the City before you plan an addition.

Transit and getting downtown

Spadina station at 85 Spadina Road and St George station on Bloor Street West both serve Line 1 Yonge University and Line 2 Bloor Danforth. Bathurst station anchors the west end on Line 2, Bay station sits on the east edge on Line 2 and Dupont station at 263 Dupont Street is on Line 1.

From Spadina station, Union station is 7 stops south on Line 1. From St George station it is 6 stops. The 510 Spadina and 511 Bathurst streetcars run south toward the waterfront and the 26 Dupont bus runs along the top of the area.

Parks, libraries and everyday life

Green space here is mostly small. Jean Sibelius Square on Kendal Avenue, the Walmer Road Parkette and the Bloor-Bedford Parkette are the neighbourhood’s own parks. Christie Pits Park at 750 Bloor Street West, to the west, is the nearest large park.

The Toronto Public Library Spadina Road branch is at 10 Spadina Road and the Palmerston branch is nearby at 560 Palmerston Avenue. The Toronto Reference Library at 789 Yonge Street is east of the area. We could not confirm a City community recreation centre inside The Annex itself.

For schools, Huron Street Junior Public School is a TDSB school on Huron Street. School boundaries are set by the board and they change, so confirm the school for the exact address with the TDSB or TCDSB.

Homes for sale in The Annex

Listings in The Annex follow the same mix as the sales figures: mostly condo apartments near Bloor Street, with a smaller flow of semi-detached, row and detached houses on the side streets and a few condo townhouses. Browse current homes for sale in The Annex and compare them with what similar homes sold for before you set a budget. If you own here and are weighing a sale, start with a free home valuation.

Downsizing in The Annex

For owners moving out of a house, the apartment stock is the obvious next step. From April to June 2026 the condo apartment median was about $858,000 against about $1,725,000 for a semi-detached house and 82 apartments sold in that quarter, so there is a steady supply to choose from. The apartment average of about $1,397,000 shows that larger or higher end units also trade here.

Owners who want to keep a front door and some outdoor space can look at the 7 condo townhouse sales at a median of about $1,260,000. Our downsizing in Toronto guide walks through timing the sale and the purchase and our luxury homes guide covers the upper end of the house market.

Is The Annex right for you

The Annex fits a buyer whose priority is subway access. With Line 1 and Line 2 at Spadina and St George, most of the city is one transfer away and Union station is 7 stops from Spadina.

On budget, a condo apartment around the $858,000 median is the realistic entry point, while a semi-detached house means a budget closer to $1,725,000. Buyers who need a detached house with a yard will find very few in any given quarter: 8 sold from April to June 2026.

If you need more space for the money and can accept a longer ride, compare the price bands in Yonge and Eglinton. If you want to be closer to the lake and Union station, see the downtown waterfront guide. Buyers new to the market can read our first-time home buyers guide.