2002-38 Avenue Road, Toronto, ON

Annex, Toronto · MLS® C13528824

$4,495,000
For Sale
Listed 11 days ago
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3Bedrooms
5Bathrooms
2Garage
3000-3249Sq Ft

About this home

Step into this exceptional corner residence at The Prince Arthur, a rare offering in the heart of Yorkville featuring three bedrooms and five bathrooms. With its southeast exposure, the suite is filled with natural light throughout the day. An inviting foyer with marble floors and classic wainscoting creates a refined first impression, opening into expansive living and dining areas that balance sophisticated entertaining with everyday comfort. A covered private balcony flows seamlessly from the living room. The custom designed kitchen is both stylish and functional, showcasing premium appliances, marble countertops, and a breakfast bar that overlooks a bright breakfast area lined with extensive cabinetry. Tucked just off the kitchen, a discreet hallway leads to a powder room and a laundry room equipped with full-sized machines. The primary suite, entered through double doors, offers a serene retreat with unobstructed views of the iconic CN Tower, along with beautifully crafted his and hers walk-in closets and two luxurious spa-like ensuites. The second bedroom includes a built-in wall unit, a charming south facing Juliette balcony, and its own ensuite. The third bedroom/family room, features custom built-ins, hardwood flooring, and an ensuite, offering flexibility for a variety of needs. Residents benefit from living in a meticulously maintained building known for its discreet, five-star concierge service and an array of hotel inspired amenities, including a fitness centre with sauna, a theatre room, library, two elegant party rooms, and even a car wash. Steps to Yorkville designer shops and fine dining, as well as, close proximity to Bloor St and renowned cultural destinations such as the Royal Ontario Museum, the Royal Conservatory of Music, the University of Toronto, and Queen's Park.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13528824
Bedrooms
3
Bathrooms
5 (1 half)
Size
3000-3249
Cross streets
Bloor St and Avenue Road
Parking
2 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Maintenance
$4,919/mo
Exposure
South East
Property tax
$21,424 / 2025
Days on market
11
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

Primary BedroomFlat6.76 × 3.86 m

3 pc ensuite · 3 pc ensuite · walk-in closet(s)

KitchenFlat3.35 × 3.89 m

renovated · marble counter · breakfast bar

LaundryFlat1.73 × 1.68 m

b/i shelves · laundry sink · ceramic floor

Dining RoomFlat5.05 × 2.77 m

hardwood floor · crown moulding · east view

Living RoomFlat7.82 × 6.22 m

hardwood floor · overlooks dining · w/o to balcony

Bedroom 3Flat4.88 × 3.76 m

b/i bookcase · 4 pc ensuite · closet

FoyerFlat5.31 × 2.57 m

marble floor · elevator · walk-in closet(s)

BreakfastFlat3.35 × 2.74 m

hardwood floor · east view · pantry

Bedroom 2Flat5.26 × 4.32 m

closet · 4 pc ensuite · b/i bookcase

Listing history

  1. Jul 7, 2026Listed$18,000

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Below comparables
$6.72Mest. value

Listed at $4,495,000, this home is about 33% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

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 $4.04M, lower than the comparables and worth a second look. 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 $4.59M
  • Bedrooms −$30K
  • Bathrooms +$15K
  • Adjusts to $4.57M

That comparable adjusts to $4.57M; the $6.72M 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.

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.

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

List price
$4.50MGreat deal$7.05MOverpriced

Total price vs nearby homes. Fair value about $6.72M, 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Annex · asking prices
$6.08Mavg asking

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

702-181 Davenport Road$4.59MSUBPH3-99 Avenue Road$4.20M602-128 Hazelton Avenue$6.20M406-287 Davenport Road$6.52M401-321 Davenport Road$8.88M

The 5 closest of 6 active listings nearby.

See all comparable homes
4.50MThis home4.59M4.20M6.20M6.52M8.88MThis home vs active comparables
Live market pulseActive comparables in Annex · median list $6.52M
$1,439this home / sqft
6active listings nearby
11days on market

This home lists 30% below the area average of $2,054/sqft.

10 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.

Getting around

85/ 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: Avenue Rd at Bloor St West North Side, about 146 m away

20+ transit stops20+ 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.

Church-Yonge Corridor
$644K
Waterfront Communities C1
$686K
Banbury-Don Mills
$500K
Mimico
$872K
Willowdale East
$488K

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
$20,487/mo
$931KIncome needed
4.8×Price ÷ income
$4,728Weekly 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 $20,487Property tax $1,785Condo fee $4,919Total carry $27,191

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$19,190per month

Mortgage amount $3,596,000 · 4.14% over 25 years

$899,000Down payment (20.0%)
$3,596,000Loan before insurance
$0CMHC premium
$25,894Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$19,190
Property tax
$1,785
Condo / maintenance fees
$4,919
Heating
$0
Estimated monthly cost
$25,894

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

One-time closing costs

Ontario land transfer tax
$98,850
Toronto municipal land transfer tax
$118,750
Estimated closing costs
$217,600

Plus your down payment of $899,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$23,308/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

$2,160,877Total interest paid
$5,756,877Total of all payments
Principal $3,596,000 Interest $2,160,877
YearPrincipalInterestBalance
1$84,242$146,033$3,511,758
2$87,766$142,510$3,423,993
3$91,437$138,838$3,332,556
4$95,261$135,014$3,237,295
5$99,246$131,029$3,138,049
6$103,397$126,878$3,034,651
7$107,722$122,553$2,926,929
8$112,228$118,047$2,814,701
9$116,922$113,353$2,697,778
10$121,813$108,462$2,575,965
11$126,908$103,367$2,449,057
12$132,217$98,058$2,316,840
13$137,747$92,528$2,179,093
14$143,509$86,766$2,035,584
15$149,512$80,763$1,886,072
16$155,766$74,510$1,730,307
17$162,281$67,994$1,568,026
18$169,069$61,206$1,398,957
19$176,141$54,134$1,222,816
20$183,509$46,767$1,039,307
21$191,184$39,091$848,123
22$199,181$31,094$648,942
23$207,513$22,762$441,429
24$216,193$14,082$225,236
25$225,236$5,039$0

At the end of your 5-year term

Total paid over the term
$1,151,375
Principal paid down
$457,951
Interest paid
$693,424
Balance remaining
$3,138,049

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$10,200/mo
$122,400Gross 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 $21,424− Condo fees $59,029− Insurance $600− Vacancy & upkeep $13,464Net operating income $27,884

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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