B&C-116 Hazelton Avenue, Toronto, ON

Annex, Toronto · MLS® C13463610

$3,790,000
For Sale
Listed 85 days agoNo offer date statedPrice drop likely
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5Bedrooms
6Bathrooms
2Garage · 4 parking
3000-3500Sq ft

About this home

In short

  • A Totally Unique Opportunity In One Of Toronto's Most Sought After Neighbourhoods.
  • Showcasing Soaring Cathedral Ceilings With 4 Skylights, The Home Is Filled With Natural Light Throughout.
  • Enjoy Walkouts To 2 Private Balconies Overlooking Mature Trees, Creating A Peaceful Urban Retreat.116C Features 3 Spacious Bedrooms And 3 Bathrooms Highlighted By A...
  • Designed For Elegant Entertaining And Comfortable Living, The Home Also Offers A Walkout To A Beautiful Oasis Backyard Providing Seamless Indoor And Outdoor Living.
  • 4 parking spots included.

A Totally Unique Opportunity In One Of Toronto's Most Sought After Neighbourhoods! Welcome To 116 Hazelton Ave B & C, Two Separate Luxury Residences Offered Under One Title In The Heart Of Prestigious Yorkville; 116B Features 2 Spacious Bedrooms And 2.5 Bathrooms With A Bright Open Concept Layout Designed For Sophisticated City Living. Showcasing Soaring Cathedral Ceilings With 4 Skylights, The Home Is Filled With Natural Light Throughout. Enjoy Walkouts To 2 Private Balconies Overlooking Mature Trees, Creating A Peaceful Urban Retreat.116C Features 3 Spacious Bedrooms And 3 Bathrooms Highlighted By A Dramatic 20 Foot Floor To Ceiling Window That Floods The Living Space With Natural Light. Designed For Elegant Entertaining And Comfortable Living, The Home Also Offers A Walkout To A Beautiful Oasis Backyard Providing Seamless Indoor And Outdoor Living.An extraordinary opportunity to own a distinctive luxury property in the heart of Toronto's most prestigious neighbourhood. 4 parking spots included!

Key facts

Property type
Townhouse, 2-Storey
MLS®
C13463610
Bedrooms
5
Bathrooms
6 (1 half)
Size
3000-3500 sq ft
Lot
17.43 × 145.74 ft
Cross streets
Avenue and Davenport
Parking
2 garage · 4 parking (detached)
Driveway
Available
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Other
Sewer
Sewer
Property tax
$23,550 / 2025
Days on market
85
Listing brokerage
THE AGENCY

Rooms

BedroomMain4.90 × 5.69 m

4 pc ensuite · window · closet

KitchenGround4.87 × 4.29 m

open concept · breakfast bar · granite counters

SittingMain2.68 × 4.17 m

combined w/primary · large closet · hardwood floor

Dining RoomGround3.84 × 3.07 m

cathedral ceiling(s) · window floor to ceiling · w/o to patio

KitchenSecond2.77 × 3.74 m

breakfast area · pantry · east view

Living RoomGround4.87 × 3.68 m

open concept · combined w/dining · fireplace

Dining RoomSecond4.90 × 6.15 m

combined w/living · cathedral ceiling(s) · skylight

Living RoomSecond4.90 × 6.15 m

open concept · fireplace · w/o to balcony

BedroomThird3.29 × 3.35 m

4 pc ensuite · large closet · east view

Primary BedroomMain3.90 × 6.03 m

4 pc ensuite · large closet · hardwood floor

BedroomGround2.77 × 3.56 m

large window · closet · tile floor

Primary BedroomThird3.99 × 5.36 m

3 pc ensuite · large closet · w/o to balcony

Our TakeTeam Asgarian · Broker
Worth a closer look
$2.40Mest. value

Listed at $3,790,000. My estimate lands at $2.40M, so the ask sits about 58% above what comparable sales suggest. A gap that wide can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look at what justifies it before you offer. Treat the figure as a starting point: tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

A price cut is the likelier next move. 85 days on the market, and asking 58% above where comparable closings put it. That is leverage for a buyer: offer with it in mind rather than waiting for the cut, since a reduction brings new eyes with it.

Second read, from the city assessment: $4.18M. That is about 74% above the comparable-sales figure. When my two methods disagree this much, the answer usually sits between them and something about this home is not in the comparables (the lot, the condition, a rebuild). I would want to see it before leaning on either number.

List price
$2.14MBelow recent closings$3.79MAbove recent closings

Total price vs nearby homes. Fair value about $2.40M, median of 5 comparables.

The market behind the math:

3sold nearby · 90 days
85days on market so far
$16,871/moest. rent · 5 leases
5.3%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5 months of inventory: 5 townhouse homes for sale in the area against 3 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,166/sqft against an area asking average of $1,156/sqft. Size and $/sqft both feed the estimate above.

  • Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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, lot frontage, a ravine backing, an inground pool), 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 $4.18M, higher than the comparables and worth a second look.

What the listing highlights3 points to weigh

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

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. 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

Priced above comparable homes overall, but the price per square foot ($1,166/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Annex, so I widened the search to the surrounding area.

Based on 5 comparable homes that sold in Annex over the past two years, from 44 closings there.

What sellers nearby are askingCurrently listed nearby in Annex · asking prices
$3.10Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $2.40M, which is where my estimate comes from.

Per square foot, these ask about $1,156/sqft; this home lists at $1,166/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
3.79MThis home2.40M7.39M2.17M2.29M1.23MThis home vs active comparables

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.

University
$1.40M
Cabbagetown-South St. James Town
$1.85M
Trinity-Bellwoods
$1.20M
Little Portugal
$1.26M
South Riverdale
$1.30M

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
Also nearby: 12 more schools within 2.5 km
Cottingham Junior Public School · Public elementary0.7 km · 100% at standard
Huron Street Junior Public School · Public elementary0.8 km · 74% at standard
Rosedale Junior Public School · Public elementary1.1 km · 94% at standard
St Joseph's College School · Catholic secondary1.2 km · 76% at standard
Brown Junior Public School · Public elementary1.3 km · 86% at standard
Msgr Fraser College (Isabella Campus) · Catholic secondary1.5 km
Central Technical School · Public secondary1.7 km · 54% at standard
Our Lady of Perpetual Help Catholic School · Catholic elementary1.7 km · 88% at standard
Loretto College School · Catholic secondary1.7 km · 62% at standard
Msgr Fraser Orientation Centre · Catholic secondary1.7 km
Deer Park Junior and Senior Public School · Public elementary1.7 km · 84% at standard
Native Learning Centre · Public secondary1.7 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$17,274/mo
$725KIncome needed
5.2×Price ÷ income
$3,986Weekly cost
$170,350Land transfer tax, one-time (Ontario + Toronto)
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.

90%mortgage
Mortgage $17,274Property tax $1,963Total carry $19,236

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.

4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$16,346per month

Mortgage amount $3,032,000 · 4.24% over 25 years

$758,000Down payment (20.0%)
$3,032,000Loan before insurance
$0CMHC premium
$18,308Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16,346
Property tax
$1,963
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$18,308

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

One-time closing costs

Ontario land transfer tax
$81,225
Toronto municipal land transfer tax
$89,125
Estimated closing costs
$170,350

Plus your down payment of $758,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$19,834/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

$1,871,756Total interest paid
$4,903,756Total of all payments
Principal $3,032,000 Interest $1,871,756
YearPrincipalInterestBalance
1$70,054$126,096$2,961,946
2$73,056$123,095$2,888,891
3$76,186$119,964$2,812,705
4$79,450$116,700$2,733,254
5$82,855$113,295$2,650,399
6$86,405$109,745$2,563,994
7$90,108$106,043$2,473,887
8$93,969$102,182$2,379,918
9$97,995$98,155$2,281,923
10$102,194$93,956$2,179,729
11$106,573$89,577$2,073,155
12$111,140$85,010$1,962,016
13$115,902$80,248$1,846,114
14$120,868$75,282$1,725,245
15$126,048$70,103$1,599,198
16$131,449$64,702$1,467,749
17$137,081$59,069$1,330,668
18$142,955$53,195$1,187,713
19$149,080$47,070$1,038,633
20$155,468$40,682$883,164
21$162,130$34,020$721,034
22$169,077$27,073$551,957
23$176,322$19,828$375,634
24$183,878$12,273$191,757
25$191,757$4,394$0

At the end of your 5-year term

Total paid over the term
$980,751
Principal paid down
$381,601
Interest paid
$599,150
Balance remaining
$2,650,399

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
From 5 whole-home leases in Annex$16,871/mo
$202,452Gross annual rent
4.1%Cap rate after taxes and upkeep
$11,597 to $20,518Typical rent range

About the suite: in Annex basements rarely rent out (3 of 34 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in Annex signed at a median of $13,522 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $16,871. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.3%
Gross yield
− Property tax $23,550− Insurance $1,400− Vacancy & upkeep $22,270Net operating income $155,232

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of THE AGENCY. MLS®/PropTx.

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