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Welcome To The Annex

The Annex wraps around the north edge of the University of Toronto, roughly between Bathurst and Avenue Road, Bloor and Dupont. It is one of the few parts of the city that is genuinely walkable, transit-rich and lined with grand old homes, which is why it pulls in students, professors, downtown professionals and the seriously well-off in roughly equal measure. Famous as a 1960s hippie haven, it has gentrified hard since, but the independent bookshops, cafes and leafy one-way streets keep it from feeling slick.

It is also a neighbourhood in transition right now: the old Honest Ed’s corner at Bloor and Bathurst has become Mirvish Village, a mixed-use rebuild finishing through 2026 that is slowly bringing the southwest end back to life.

The Annex FAQs

Roughly Bathurst to Avenue Road, Bloor up to Dupont, wrapped around the University of Toronto and just west of Yorkville. It borders Seaton Village to the west and the University / Harbord pocket to the south.

It is not for the faint of wallet. Condos make up most of what trades and generally run from the mid $600Ks into the low seven figures; semis sit around $2M; and the grand detached “Annex style” houses go well north of $3M. Plenty of people arrive here as renters first. See the live statistics block below for current figures, or browse current Annex listings.

If you want to walk everywhere, skip the car and live among bookshops, cafes and century homes, few neighbourhoods beat it. The trade-offs are the price of entry and the student-rental energy near campus.

It can be, with U of T and good schools close by, but it skews to students, renters and professionals more than young families… only about 8% of residents are kids, and the housing leans to condos and converted units.

About as good as Toronto gets. Subway stations on two lines (Spadina, St. George, Bathurst and Bay), streetcars nearby, and a walk score in the mid 90s. You likely won’t need a car, and parking is the least pleasant part of driving here anyway.

A lot of it, yes, especially the blocks closest to U of T. It gets quieter and more owner-occupied the further north you go toward Dupont.

Around the Neighbourhood

Cultural landmarks: the Royal Ontario Museum and the Bata Shoe Museum anchor the Bloor and Avenue Road corner; Lee’s Palace has been the strip’s live-music room for 40 years; the Hot Docs Ted Rogers Cinema (the old Bloor Cinema) is the world’s first documentary cinema; and the Royal Conservatory sits just south, with Philosopher’s Walk winding behind it into U of T.

Hot local spots: BMV Books for the second-hand stacks, Snakes & Lattes for board games and a pint, and a deep bench of restaurants running from Fat Pasha to Playa Cabana to a Future Bistro breakfast.

Parks & green space: Jean Sibelius Square for the big playground, St. Alban’s Square for a quiet bench, and Philosopher’s Walk for the prettiest shortcut to campus.

Your Typical Neighbour

The Annex is one of the most mixed neighbourhoods in the city, and one of the few wealthy ones where most people rent. Of its roughly 29,000 residents, about three-fifths are tenants, many in the older apartment blocks and converted houses near campus, while the owners tend to be long-established and well-off (a wave of Hungarian families who arrived after 1956 still hold properties along Bloor). It is highly educated and affluent, with family incomes well above the city average.

Source: City of Toronto Neighbourhood Profile, Annex, 2021 Census

What We Love

Options, and a lot of them. The Bloor strip is still independent at heart: bookshops, artisanal bakeries, health-food stores, small galleries and Parisian-style cafes, most of them cheap enough that they won’t blow your mortgage payment. U of T is on your doorstep, transit is world-class, and after years of hoarding, the old Honest Ed’s site has reopened as Mirvish Village, with spots like Book Bar (a wine bar and bookshop) and a second location of Pizzeria Badiali opening as it completes through 2026.

What We Don’t Love

The price of entry, full stop. And the more affordable listings can sit a little close to the frat and sorority houses, so do your homework on the block (they aren’t that hard to spot, and we’ll help). The upside of all that Mirvish Village construction is that it is finally winding down, but the Bloor and Bathurst corner has been a noisy work site for a long stretch.

Real Estate

The “Annex style” home is the signature here: stone arches, turrets and a moneyed, distinctly Toronto look, on some of the most attractive streets in the city. Mixed in are former mansions that now serve as U of T frat and sorority houses, dated International-style mid-rise apartments, and multi-unit homes steadily being converted back into single-family houses. For buyers the options are as varied as the buyers, but demand means first-timers are usually looking at condos or the occasional co-ownership. New to the market? Start with our First-Time Buyer guide.

(Current prices and days on market appear in the live statistics block below, updated quarterly.)

 

Transit

About as good as it gets in Toronto. The Annex is served by subway stations on both Line 1 and Line 2, including Spadina, St. George, Bathurst and Bay, with streetcars close by and a walk score in the mid 90s. For most residents a car is the least appealing way to get around.

Property Statistics in The Annex

Detached Houses - Statistics

Q4 2025

$3,948,000

Average Price

16

New Listings

8

Properties Sold

66

Average Days on Market

95%

% of Asking Price

semi-detached - Statistics

Q4 2025

$2,483,000

Average Price

28

New Listings

15

Properties Sold

17

Average Days on Market

98%

% of Asking Price

townhome - Statistics

Q4 2025

$3,111,000

Average Price

15

New Listings

5

Properties Sold

26

Average Days on Market

95%

% of Asking Price

Condos - Statistics

Q4 2025

$1,461,000

Average Price

166

New Listings

58

Properties Sold

50

Average Days on Market

91%

% of Asking Price

All Properties - Statistics

Q4 2025

$1,929,068

Average Price

235

New Listings

90

Properties Sold

43

Average Days on Market

94%

% of Asking Price

Source: TRREB Statistics

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