195 Albany Avenue, Toronto, ON

Annex, Toronto · MLS® C13215044

$2,349,000
For Sale
Listed 49 days ago
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5Bedrooms
6Bathrooms
0Parking
1500-2000Sq Ft

About this home

Prime opportunity to own a beautiful newly renovated semi-detached home on a rare ~173 ft deep "pool sized" lot in the heart of the Annex, offering a combination of historic charm and updated luxury. This coveted & quiet tree-lined street in one of Toronto's most sought-after neighbourhoods, steps to a vibrant community & close proximity to downtown, provides the ideal mix of lifestyle & convenience. Taken down to the studs, move-in ready, the entire home is reimagined from top to bottom & offers a functional layout across 4 levels, with over 2,000 sq ft of living space. Main floor includes large windows allowing an abundance of light, spacious open concept w/living rm, dining rm, powder rm, chef inspired kitchen w/ over-sized island & new state-of-the-art appliances. The den/sun rm w/ double glass doors leading to large newly built deck & private fenced deep backyard. Perfect for everyday enjoyment and entertaining possibilities. The 2nd floor, w/2 bedrooms each with their own ensuite, laundry rm, bathroom & den/office area, is ideal for today's modern living. Entire 3rd floor is a spacious primary suite, w/ spa-inspired ensuite, huge walk-in closet, & walk-out to lrg terrace. The fully finished lower level, w/ separate entrance, is designed as independent living space w/a bedroom, bathroom, living area and kitchen. Easily convert back to single family or use lower level for income suite, nanny or extended family. This is an unbeatable and well-situated location in a family-friendly neighbourhood minutes to Bloor St, TTC, close to amenities, parks, vibrant shops, cafes & dining options. Palmerston Avenue Junior PS, Essex Junior & Senior PS, Harbord Collegiate and St Bruno/St Raymond CS, and close to private schools including Royal St George's, Keystone. Move-in ready. A Must See!

Key facts

Property type
Semi-Detached, 3-Storey
MLS®
C13215044
Bedrooms
5 (3 + 2)
Bathrooms
6 (1 half)
Size
1500-2000
Lot
20.85 × 173.73 ft
Cross streets
Dupont St and Howland Ave
Parking
0 parking
Driveway
None
Basement
Walk-Up, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,351 / 2025
Days on market
49
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES OXLEY REAL ESTATE

Rooms

KitchenMain4.62 × 3.68 m

centre island · quartz counter · hardwood floor

Bedroom 2Second3.81 × 2.92 m

hardwood floor · 3 pc ensuite · overlooks backyard

Living RoomMain4.67 × 4.62 m

hardwood floor · fireplace · picture window

OfficeMain2.74 × 2.29 m

hardwood floor · sliding doors · w/o to yard

Dining RoomMain5.16 × 3.89 m

hardwood floor · large window · wet bar

Moe’s TakeTeam Asgarian · Broker
In the wider range
$1.96Mest. value

Listed at $2,349,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.08M, 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 $1.60M
  • Bedrooms +$30K
  • Bathrooms +$45K
  • Adjusts to $1.67M

That comparable adjusts to $1.67M; the $1.96M estimate above is the median of all 5 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.

The assigned public school is Palmerston Avenue Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Bathurst St at Olive Ave is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.90MGreat deal$3.43MOverpriced

Total price vs nearby homes. Fair value about $1.96M, median of 5 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Income potential
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Annex · asking prices
$2.63Mavg asking

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

94B Admiral Road$3.29M675 Huron Street$2.40M183 Madison Avenue$2.20M225 Christie Street$1.79M46 Bernard Avenue$3.49M

The 5 closest active listings nearby.

See all comparable homes
2.35MThis home3.29M2.40M2.20M1.79M3.49MThis home vs active comparables
Live market pulseActive comparables in Annex · median list $4.50M
$1,342this home / sqft
5active listings nearby
49days on market

This home lists 0% above the area average of $1,346/sqft.

45 days longer than the Toronto average (4 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.

Getting around

79/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Bathurst St at Olive Ave, about 130 m away

20+ transit stops11 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Palmerston-Little Italy
$1000K
Corso Italia-Davenport
$951K
Mount Pleasant East
$1.28M
South Riverdale
$1.30M
Danforth
$1.10M

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 Palmerston Avenue Junior Public School
80%
Palmerston Avenue Junior Public SchoolPublic · Elementary · 0.3 km awayAbove the GTA average · 80% meet the provincial standard
St. BrunoEQAO results not published

Affordability & Mortgage

Affordability
$10,706/mo
$434KIncome needed
5.4×Price ÷ income
$2,471Weekly 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.

93%mortgage
Mortgage $10,706Property tax $779Total carry $11,485

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10,028per month

Mortgage amount $1,879,200 · 4.14% over 25 years

$469,800Down payment (20.0%)
$1,879,200Loan before insurance
$0CMHC premium
$10,807Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,028
Property tax
$779
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,807

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

One-time closing costs

Ontario land transfer tax
$45,200
Toronto municipal land transfer tax
$45,200
Estimated closing costs
$90,400

Plus your down payment of $469,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12,180/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

$1,129,233Total interest paid
$3,008,433Total of all payments
Principal $1,879,200 Interest $1,129,233
YearPrincipalInterestBalance
1$44,023$76,314$1,835,177
2$45,865$74,473$1,789,312
3$47,783$72,554$1,741,529
4$49,782$70,556$1,691,747
5$51,864$68,473$1,639,883
6$54,033$66,304$1,585,850
7$56,294$64,044$1,529,556
8$58,648$61,689$1,470,908
9$61,101$59,236$1,409,807
10$63,657$56,680$1,346,150
11$66,320$54,017$1,279,830
12$69,094$51,243$1,210,736
13$71,984$48,353$1,138,752
14$74,995$45,342$1,063,757
15$78,132$42,205$985,625
16$81,400$38,937$904,225
17$84,805$35,532$819,420
18$88,352$31,985$731,068
19$92,048$28,289$639,020
20$95,898$24,439$543,122
21$99,909$20,428$443,213
22$104,088$16,249$339,124
23$108,442$11,895$230,682
24$112,978$7,359$117,704
25$117,704$2,633$0

At the end of your 5-year term

Total paid over the term
$601,687
Principal paid down
$239,317
Interest paid
$362,370
Balance remaining
$1,639,883

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$3,150/mo
$37,800Gross annual rent
1.0%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.

1.6%
Gross yield
− Property tax $9,351− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $22,891

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES OXLEY REAL ESTATE. MLS®/PropTx.

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