2407-32 Davenport Road, Toronto, ON

Annex, Toronto · MLS® C12996164

$1,889,000
For Sale
Listed 99 days ago
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3Bedrooms
2Bathrooms
2Garage
1400-1599Sq Ft

About this home

Welcome to "The Yorkville" condos, where luxury living meets one of Toronto's most vibrant and sought-after neighbourhoods. Surrounded by world-class dining, upscale shopping, renowned museums, and endless entertainment, this location truly offers the best of city living. This stunning suite features breathtaking panoramic views with 10-foot floor-to-ceiling windows, allowing you to enjoy both sunrise mornings with your coffee and spectacular sunset evenings. The sleek, modern kitchen is designed for both style and function, complete with full-sized appliances, a generous quartz centre island, and a separate dining area-perfect for entertaining. The primary bedroom offers a five-piece ensuite and walk-in closet. A well-appointed second bedroom and an additional three-piece bath provide comfort and convenience for family or guests. The bright, east-facing den is generously sized-ideal as a home office, additional living space, or easily converted into a third bedroom. Residents enjoy access to premium amenities, including a rooftop terrace, party room, fully equipped fitness centre, steam room, plunge pool, wine tasting room, visitor parking, and 24-hour concierge service. This unit also includes two prime side-by-side parking spaces located right by the elevator lobby, along with an extra-high garage entrance that accommodates even the largest SUVs or trucks. With an exceptional walkability score, you're just a short stroll to Yorkville, Summerhill, and the Annex, and only minutes from Yonge & Bloor subway stations, providing seamless access to both Line 1 and Line 2.Impeccably maintained and showing beautifully, this home offers stunning views and true pride of ownership.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12996164
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1400-1599
Cross streets
Yonge and Davenport
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Other
Maintenance
$1,485/mo
Exposure
South East
Property tax
$9,937 / 2026
Days on market
99
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

Primary BedroomFlat4.32 × 3.61 m

5 pc ensuite · walk-in closet(s) · hardwood floor

BathroomFlat2.45 × 1.50 m

3 Pc Bath

KitchenFlat4.72 × 2.48 m

centre island · modern kitchen · open concept

Living RoomFlat3.96 × 3.88 m

window floor to ceiling · open concept · hardwood floor

BathroomFlat3.26 × 1.48 m

5 Pc Ensuite

Dining RoomFlat4.63 × 2.90 m

window floor to ceiling · w/o to balcony · open concept

DenFlat3.50 × 3.44 m

hardwood floor · east view

Bedroom 2Flat3.51 × 3.14 m

double closet · hardwood floor · east view

FoyerFlat5.19 × 1.50 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$2.52Mest. value

Listed at $1,889,000, this home is about 25% below comparable homes, worth a close look. 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 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.44M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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, listed at $2.38M
  • Adjusts to $2.38M

That comparable adjusts to $2.38M; the $2.52M estimate above is the median of all 10 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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
$1.89MGreat deal$3.05MOverpriced

Total price vs nearby homes. Fair value about $2.52M, median of 10 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Elevator: rare and valuable for accessibility and resale. Lifestyle
Comparable listingsCurrently listed nearby in Annex · asking prices
$2.27Mavg asking

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

208-280 Howland Avenue$1.60M1202-88 Davenport Road$2.38M2801-200 Bloor Street$2.30M603-10 Bellair Street$2.82M

The 4 closest active listings nearby.

See all comparable homes
1.89MThis home1.60M2.38M2.30M2.82MThis home vs active comparables
Live market pulseActive comparables in Annex · median list $2.20M
$1,260this home / sqft
22active listings nearby
99days on market
100sold nearby · 90 days
$712Kmedian sold price
96%of asking, on average

This home lists 15% below the area average of $1,487/sqft.

98 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
$561K
Moss Park
$519K
Waterfront Communities C1
$593K
Waterfront Communities C8
$700K

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 · 0.2 km awayHigher-rated than most nearby · 87% meet the provincial standard

Affordability & Mortgage

Affordability
$8,609/mo
$385KIncome needed
4.9×Price ÷ income
$1,987Weekly 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.

79%mortgage
Mortgage $8,609Property tax $828Condo fee $1,485Total carry $10,922

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,064per month

Mortgage amount $1,511,200 · 4.14% over 25 years

$377,800Down payment (20.0%)
$1,511,200Loan before insurance
$0CMHC premium
$10,377Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,064
Property tax
$828
Condo / maintenance fees
$1,485
Heating
$0
Estimated monthly cost
$10,377

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

One-time closing costs

Ontario land transfer tax
$34,255
Toronto municipal land transfer tax
$34,255
Estimated closing costs
$68,510

Plus your down payment of $377,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,795/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

$908,097Total interest paid
$2,419,297Total of all payments
Principal $1,511,200 Interest $908,097
YearPrincipalInterestBalance
1$35,402$61,370$1,475,798
2$36,883$59,889$1,438,915
3$38,426$58,346$1,400,489
4$40,033$56,739$1,360,456
5$41,708$55,064$1,318,748
6$43,452$53,320$1,275,296
7$45,270$51,502$1,230,026
8$47,163$49,609$1,182,863
9$49,136$47,636$1,133,727
10$51,191$45,581$1,082,536
11$53,333$43,439$1,029,203
12$55,563$41,208$973,640
13$57,888$38,884$915,752
14$60,309$36,463$855,443
15$62,832$33,940$792,612
16$65,460$31,312$727,152
17$68,198$28,574$658,955
18$71,050$25,722$587,904
19$74,022$22,750$513,882
20$77,119$19,653$436,763
21$80,344$16,428$356,419
22$83,705$13,067$272,714
23$87,206$9,566$185,508
24$90,854$5,918$94,654
25$94,654$2,118$0

At the end of your 5-year term

Total paid over the term
$483,859
Principal paid down
$192,452
Interest paid
$291,408
Balance remaining
$1,318,748

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$4,750/mo
$57,000Gross annual rent
1.2%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.

3.0%
Gross yield
− Property tax $9,937− Condo fees $17,815− Insurance $600− Vacancy & upkeep $6,270Net operating income $22,378

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.

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