205-151 Avenue Road, Toronto, ON

Annex, Toronto · MLS® C12937204

$625,000
For Sale
Listed 114 days ago
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2Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

Voted T.O. Top 3 Buildings Of 2020, Luxurious Boutique Building, Spacious Appx. 650 sf, 1 Bdr Plus Den, 1 Baths, 10' Ceilings, Boast with Light, Ideal for Young Professional or Pied-à-Terre in Yorkville, , Features Top Of The Line Finishes: 10' Ceilings, 7'' Oak Hardwood Floors Throughout, Bosch Integrated Appliances And Not To Be Overlooked The Gorgeous South-West Views, Experience the Utmost in Urban Living.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12937204
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Avenue Rd/Davenport
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$998/mo
Exposure
West
Property tax
$3,877 / 2025
Days on market
114
Listing brokerage
RE/MAX DASH REALTY
Moe’s TakeTeam Asgarian · Broker
In line
$570Kest. value

Listed at $625,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

In Annex lately, sellers have been getting about 96% of asking and homes sell in about 34 days.

Based on 91 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 91 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $644K, a bit higher.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, sold for $665K
  • Adjusts to $665K

That comparable adjusts to $665K; the $570K estimate above is the median of all 91 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

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.

List price
$495KGreat deal$637KOverpriced

Total price vs nearby homes. Fair value about $570K, median of 91 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Comparable listingsCurrently listed nearby in Annex · asking prices
$627kavg asking

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

808-88 Cumberland Street$621k418-942 Yonge Street$600k2014-155 Yorkville Avenue$539k1006-942 Yonge Street$559k1004-200 Bloor Street$818k

The 5 closest of 8 active listings nearby.

See all comparable homes
625kThis home621k600k539k559k818kThis home vs active comparables
Live market pulseActive comparables in Annex · median list $725K
$962this home / sqft
34active listings nearby
114days on market
100sold nearby · 90 days
$644Kmedian sold price
96%of asking, on average

This home lists 19% below the area average of $1,191/sqft.

113 days longer than the Toronto average (1 days).

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
$471K
Church-Yonge Corridor
$627K
Waterfront Communities C1
$652K
Moss Park
$519K
Waterfront Communities C8
$719K

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
$2,849/mo
$141KIncome needed
4.4×Price ÷ income
$657Weekly 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.

68%mortgage
Mortgage $2,849Property tax $323Condo fee $998Total carry $4,169

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,668per month

Mortgage amount $500,000 · 4.14% over 25 years

$125,000Down payment (20.0%)
$500,000Loan before insurance
$0CMHC premium
$3,989Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,668
Property tax
$323
Condo / maintenance fees
$998
Heating
$0
Estimated monthly cost
$3,989

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

One-time closing costs

Ontario land transfer tax
$8,975
Toronto municipal land transfer tax
$8,975
Estimated closing costs
$17,950

Plus your down payment of $125,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,241/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

$300,456Total interest paid
$800,456Total of all payments
Principal $500,000 Interest $300,456
YearPrincipalInterestBalance
1$11,713$20,305$488,287
2$12,203$19,815$476,084
3$12,714$19,305$463,370
4$13,245$18,773$450,124
5$13,799$18,219$436,325
6$14,377$17,642$421,948
7$14,978$17,040$406,970
8$15,605$16,414$391,366
9$16,257$15,761$375,108
10$16,937$15,081$358,171
11$17,646$14,372$340,525
12$18,384$13,634$322,141
13$19,153$12,865$302,988
14$19,954$12,064$283,034
15$20,789$11,230$262,246
16$21,658$10,360$240,588
17$22,564$9,454$218,024
18$23,508$8,510$194,516
19$24,491$7,527$170,024
20$25,516$6,503$144,509
21$26,583$5,435$117,926
22$27,695$4,323$90,231
23$28,853$3,165$61,378
24$30,060$1,958$31,318
25$31,318$701$0

At the end of your 5-year term

Total paid over the term
$160,091
Principal paid down
$63,675
Interest paid
$96,416
Balance remaining
$436,325

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$2,050/mo
$24,600Gross annual rent
0.9%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.

3.9%
Gross yield
− Property tax $3,877− Condo fees $11,971− Insurance $600− Vacancy & upkeep $2,706Net operating income $5,447

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX DASH REALTY. MLS®/PropTx.

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