MLS Toronto Annex

By Type: Detached : Semi-Detached : Townhouse : Condo Apartment : Investments : Vacant Land

By Price: Under $300,000 : $300,000-$500,000 : $500,000-$700,000 : $700,000-$1,000,000 : $1,000,000+

Annex Homes For Sale

The Annex is Toronto’s most diverse neighbourhood. Business professionals, well-known artists, University of Toronto students and teachers, and people from many walks of life call it home.   

Here are a few fun facts about the Annex and Real Estate, which can be helpful to know if you were are thinking about buying or investing in Real Estate for the area.  

• Annex is a lively neighbourhood that gets its energy from the University of Toronto and the pubs, restaurants and unique shopping experiences that line Bloor Street more known for its bohemian and “hipster” style trends.
• Many of the Annex’s rooming houses and multi-unit residences have lately been converted to single-family homes, signalling the historic Toronto neighbourhood’s resurgence. 
• The neighbourhood was established in the 1870s and 1880s and quickly became one of Toronto’s most prestigious areas. Timothy Eaton, the patriarch of Eaton’s department store, and George Gooderham, president of the Gooderham and Worts Distillery, were among the Annex’s earliest occupants. 
• Between 1880 and 1910, the Annex houses are excellent examples of Victorian, Queen Anne, and Richardsonian Romanesque architectural styles. The exterior facades of many of these homes are made of plum and pink-tinted Credit River sandstone, rich red brick, and terra cotta clay tiles. From pyramidal roofs and towers to recessed great archways and wooden spindled porches, the architectural detail is among the best in the city. The second wave of Annex homes for sale is excellent examples of English Cottage, Georgian, and Tudor architecture. 

The Good about Annex:

People who live in Annex have a comparatively high average income. Renters must be able to afford a higher rental price because condo and real estate project prices in the area are greater than other neighbourhoods just outside of the downtown core. Average salary is a good indicator of their ability to do so. Over the last few years, new builders have taken advantage of the dense and vibrant living area by offering modern condo developments filled with the latest amenities for maximum comfort so more folks can enjoy the area’s conveniences. The B condo is one project that has climbed in price like the rest of the area since its construction. Many investors are keeping a close eye on this area as buying in the Annex has been profitable over time with an avg of 10% gains for condos year over year and for detached homes, the value has increased even more since 2019. The Annex continues to be one of the strongest areas to invest in and many people take advantage of this idea by buying Pre-construction condos when they are in the Pre-sale stage. Usually, prices increase once occupancy takes place and units can be sold for a profit. Many buyers of multi-residential properties decide to renovate and rent them out while holding on to them as the value increases over time.  

The Annex is likewise a tremendously prominent neighbourhood in Toronto culture. It’s noted for its eclectic combination of restaurants (Snakes and Lagers, The Warehouse), theatres (Hot Docs), and other attractions. The AGO and ROM are also close by. Living in the neighbourhood is a draw for those who prefer to feel like they’re in the beating center of the city’s art scene.

What Makes Annex a Totally Unique Neighbourhood

• University of Toronto: Founded in 1827, this public university has long been regarded as one of Toronto’s most prestigious. The sprawling downtown campus of the University of Toronto is a spectacular exhibition of varied architectural types (modern, Gothic, Victorian), sculptures, and green spaces, in addition to the university’s position as a leader in post-secondary education. It appears to be well-suited for ghost sightings, which include a wandering 19th-century stonemason.
• Royal Ontario Museum: The Royal Ontario Museum is a must-see, and it is literally impossible to miss. The main entrance to one of North America’s oldest museums, the ROM, was rebuilt in 2007 with a spectacular piece of glass and aluminum architecture by David Libeskind that resembles a crystal.
• Bloor Hot Docs Cinema: The Bloor Cinema has been showing thought-provoking films at this location since 1913. The Bloor Hot Docs Cinema got a new name and a fresh focus on documentary films after restoration in early 2012. On any given day, the schedule might include films about music or politics that are worth watching and film festival award winners from across the globe.

Eating in The Annex:

The Annex epitomizes what makes Toronto great: the food and the people. Indulge a wide range of desires, from North American pleasures at Rose & Sons to some of the best vegan cooking (and uncooking) in the city at Live Food Bar and Fresh, which will turn anyone into a vegetable lover. 

• Sushi On Bloor: Without a doubt, this is the most well-known sushi restaurant in the Annex. The length of the lines, which extend well onto the Bloor Street sidewalk, is confirmation of this. There are several reasons for its popularity: they seat swiftly, have a large range of specialty sushi, and the value (read: price per roll) is excellent. 
• Sushi Couture: What a name for a sushi restaurant. Yes, people who live in the Annex can enjoy it. This is the more expensive sushi on Bloor, but it’s still not crazy. The eatery is more upscale than your typical in-and-out sushi joint, as the name implies. The sushi menu is excellent. This Annex location is more conducive to sitting and connecting with whoever you’re with. 

Party in Annex:

The Annex isn’t all pubs, but it is well-known (and well-loved) for its cheap beer. It’s time to make friends with ale, from the international brews at The Bedford Academy and the beautiful rear terrace at the Duke of York to the student-friendly Madison Avenue Pub. Live bands will motivate you to sweat a little and drink a little more at Lee’s Palace, where you can dance off the calories. If Dj’s and electronic music is your jam, club Coda is an internationally recognized club that hosts artists from all over the world and has one the most modern sound systems in the city. Needless to say it’s easy to enjoy a variety of entertainment options which the area offers!

Stay in Annex:

Although the Annex is known for dorm rooms rather than hotels, there is a bed to be had in every part of Toronto. The Park Hyatt Toronto’s rooftop lounge has a spectacular view or may stay at the Madison Manor Boutique Hotel to see one of the Annex’s famed Victorian houses up close. 

Shop in Annex:

The Annex is a unique setting that has managed to keep an increasingly rare independent bookstore alive and well. The University of Toronto isn’t the only location where you may read, from spirituality at BMV Books to international newspapers at Book City with some unique comic book shops. Unique options are easy to walk to. People who live in Annex can also try the Green Beanery, which boasts Canada’s largest collection of coffee beans or take a stroll down the street, grab an ice cream and walk to Holt Renfrew or any other trendy shops to get their shopping fix in.

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