304-38 Avenue Road, Toronto, ON

Annex, Toronto · MLS® C13173696

$1,350,000
For Sale
Listed 58 days ago
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1Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Welcome to Suite 304 at The Prince Arthur condominium - An oasis of elegance and refinement in a truly iconic and classic architectural gem in the heart of Yorkville. This spacious one bedroom, 2 bath suite embodies the essence of a cosmopolitan pied-à-terre just steps from world-class shopping, dining, galleries and museums. Airy and spacious, with blonde hardwood floors, marble countertops and backsplash in the kitchen, marble countertops in the bathrooms and marble tub, built-in cabinetry, open concept living dining area, and an abundance of storage space, suitable for both cozy and grand entertaining, Suite 304 is the epitome of quiet elegance and urban chic in its design and the execution of detail throughout. Replete with concierge service, valet parking, gym, sauna, and tranquil lobby areas that make The Prince Arthur is a truly unique and sophisticated condominium living experience.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13173696
Bedrooms
1
Bathrooms
2 (1 half)
Size
900-999
Cross streets
Avenue Rd / Bloor St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,458/mo
Exposure
East
Property tax
$6,553 / 2025
Days on market
58
Listing brokerage
CHESTNUT PARK REAL ESTATE LIMITED

Rooms

FoyerFlat1.90 × 1.30 m

hardwood floor · closet

Dining RoomFlat3.30 × 2.50 m

hardwood floor · balcony · open concept

KitchenFlat2.90 × 2.40 m

tile floor · marble counter · stainless steel appl

BathroomFlat2.80 × 2.40 m

tile floor · marble counter · 5 pc ensuite

Powder RoomFlat1.70 × 1.80 m

tile floor · marble counter · combined w/laundry

LaundryFlat1.60 × 1.00 m

Tile Floor

Living RoomFlat4.50 × 3.80 m

hardwood floor · b/i shelves · east view

Primary BedroomFlat5.30 × 3.10 m

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

Our TakeTeam Asgarian · Broker
Below comparables
$1.64Mest. value

Listed at $1,350,000, and my independent estimate is about 18% below comparable homes, worth a close look.

In Annex lately, sellers get about 96% of asking; homes sell in ~35 days.

List price
$1.35MGreat deal$1.76MOverpriced

Total price vs nearby homes. Fair value about $1.64M, median of 5 comparables.

How this estimate is builtthe short version

I take the 5 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.52M, a close match.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

Below comparable homes on total price, yet the price per square foot ($1,422/sqft) is above the area, which usually points to a smaller or more efficient layout.

Based on 5 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Annex · asking prices
$1.28Mavg asking

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

202-133 Hazelton Avenue$1.40M2104-88 Cumberland Street$1.30M5409-1 Yorkville Avenue$1.10M2201-200 Bloor Street$1.09M3506-8 Cumberland Street$1.50M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.35MThis home1.40M1.30M1.10M1.09M1.50MThis home vs active comparables
Live market pulseActive comparables in Annex · median list $1000K
$1,422this home / sqft
26active listings nearby
58days on market
100sold nearby · 90 days
$626Kmedian sold price
96%of asking, on average

This home lists 20% above the area average of $1,185/sqft.

On the market now.

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
$638K
Church-Yonge Corridor
$611K
Moss Park
$894K
Waterfront Communities C1
$578K
Niagara
$550K

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 Huron Street Junior Public School
74%
Huron Street Junior Public SchoolPublic · Elementary · 0.6 km awayAround the GTA average · 74% meet the provincial standard
St. BrunoEQAO results not published

Affordability & Mortgage

Affordability
$6,153/mo
$282KIncome needed
4.8×Price ÷ income
$1,420Weekly 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.

75%mortgage
Mortgage $6,153Property tax $546Condo fee $1,458Total carry $8,157

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,763per month

Mortgage amount $1,080,000 · 4.14% over 25 years

$270,000Down payment (20.0%)
$1,080,000Loan before insurance
$0CMHC premium
$7,767Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,763
Property tax
$546
Condo / maintenance fees
$1,458
Heating
$0
Estimated monthly cost
$7,767

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

One-time closing costs

Ontario land transfer tax
$23,475
Toronto municipal land transfer tax
$23,475
Estimated closing costs
$46,950

Plus your down payment of $270,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,000/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

$648,984Total interest paid
$1,728,984Total of all payments
Principal $1,080,000 Interest $648,984
YearPrincipalInterestBalance
1$25,301$43,859$1,054,699
2$26,359$42,800$1,028,340
3$27,462$41,698$1,000,879
4$28,610$40,549$972,269
5$29,807$39,352$942,462
6$31,054$38,106$911,408
7$32,353$36,807$879,055
8$33,706$35,453$845,350
9$35,116$34,044$810,234
10$36,585$32,575$773,649
11$38,115$31,045$735,534
12$39,709$29,450$695,825
13$41,370$27,789$654,455
14$43,101$26,059$611,355
15$44,903$24,256$566,451
16$46,782$22,378$519,669
17$48,738$20,421$470,931
18$50,777$18,382$420,154
19$52,901$16,258$367,253
20$55,114$14,046$312,139
21$57,419$11,740$254,720
22$59,821$9,338$194,899
23$62,323$6,836$132,576
24$64,930$4,229$67,646
25$67,646$1,513$0

At the end of your 5-year term

Total paid over the term
$345,797
Principal paid down
$137,538
Interest paid
$208,259
Balance remaining
$942,462

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$3,050/mo
$36,600Gross annual rent
0.6%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.

2.7%
Gross yield
− Property tax $6,553− Condo fees $17,496− Insurance $600− Vacancy & upkeep $4,026Net operating income $7,925

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

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