1802-38 Avenue Road, Toronto, ON

Annex, Toronto · MLS® C13730632

$2,498,000
For Sale
Listed 48 days agoNo offer date stated
2Bedrooms
2Bathrooms
2Garage
1800-1999Sq ft

About this home

In short

  • With one of the most desirable layouts and breathtaking views in the building, this beautifully renovated residence at 38 Avenue Road offers an exceptional Yorkville...
  • Inside, enjoy a designer kitchen appointed with premium Miele appliances, gleaming hardwood floors, and spa-inspired bathrooms designed for total relaxation.
  • The expansive primary retreat features a custom walk-in closet and luxurious proportions rarely found in condo living.
  • Complete with two-car parking and access to outstanding amenities, 38 Avenue Road welcomes you with one of the most dramatic and elegant entrances in Yorkville.

With one of the most desirable layouts and breathtaking views in the building, this beautifully renovated residence at 38 Avenue Road offers an exceptional Yorkville lifestyle. This sun-filled corner suite features two balconies that capture refreshing summer breezes and spectacular city vistas. Inside, enjoy a designer kitchen appointed with premium Miele appliances, gleaming hardwood floors, and spa-inspired bathrooms designed for total relaxation. The expansive primary retreat features a custom walk-in closet and luxurious proportions rarely found in condo living. Complete with two-car parking and access to outstanding amenities, 38 Avenue Road welcomes you with one of the most dramatic and elegant entrances in Yorkville.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13730632
Bedrooms
2
Bathrooms
2
Size
1800-1999 sq ft
Cross streets
Avenue Rd and Bloor St W
Parking
2 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Maintenance
$3,008/mo
Exposure
North East
Property tax
$12,691 / 2025
Days on market
48
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

Living RoomFlat7.70 × 7.24 m

fireplace · b/i bookcase

KitchenFlat5.99 × 3.25 m

b/i appliances · eat-in kitchen · bay window

Bedroom 2Flat4.14 × 3.20 m

closet · window floor to ceiling · hardwood floor

Primary BedroomFlat5.59 × 3.53 m

5 pc ensuite · walk-in closet(s) · w/o to balcony

Dining RoomFlat7.70 × 7.24 m

coffered ceiling(s) · window floor to ceiling · hardwood floor

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby in Annex · asking prices
$3.27Mavg asking

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

Per square foot, these ask about $1,831/sqft; this home lists at $1,315/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
2.50MThis home2.54M3.55M3.50M3.50MThis 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.

North St. James Town
$649K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$876K
Moss Park
$549K
Waterfront Communities C1
$682K

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
Also nearby: 12 more schools within 2.5 km
St Joseph's College School · Catholic secondary0.9 km · 76% at standard
Cottingham Junior Public School · Public elementary1.1 km · 100% at standard
Orde Street Public School · Public elementary1.3 km · 76% at standard
Central Technical School · Public secondary1.3 km · 54% at standard
Rosedale Junior Public School · Public elementary1.4 km · 94% at standard
da Vinci School · Public elementary1.4 km · 67% at standard
Lord Lansdowne Junior Public School · Public elementary1.4 km · 85% at standard
Loretto College School · Catholic secondary1.4 km · 62% at standard
Native Learning Centre · Public secondary1.5 km
Msgr Fraser College (Isabella Campus) · Catholic secondary1.5 km
Church Street Junior Public School · Public elementary1.5 km · 73% at standard
Msgr Fraser Orientation Centre · Catholic secondary1.5 km

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

Affordability & Mortgage

Affordability
$11,385/mo
$527KIncome needed
4.7×Price ÷ income
$2,627Weekly cost
$97,850Land 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.

74%mortgage
Mortgage $11,385Property tax $1,058Condo fee $3,008Total carry $15,450

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,049per month

Mortgage amount $1,998,400 · 4.49% over 25 years

$499,600Down payment (20.0%)
$1,998,400Loan before insurance
$0CMHC premium
$15,115Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,049
Property tax
$1,058
Condo / maintenance fees
$3,008
Heating
$0
Estimated monthly cost
$15,115

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

One-time closing costs

Ontario land transfer tax
$48,925
Toronto municipal land transfer tax
$48,925
Estimated closing costs
$97,850

Plus your down payment of $499,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$13,374/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

$1,316,449Total interest paid
$3,314,849Total of all payments
Principal $1,998,400 Interest $1,316,449
YearPrincipalInterestBalance
1$44,596$87,998$1,953,804
2$46,621$85,973$1,907,184
3$48,737$83,857$1,858,446
4$50,950$81,644$1,807,496
5$53,264$79,330$1,754,232
6$55,682$76,912$1,698,550
7$58,210$74,384$1,640,340
8$60,853$71,741$1,579,487
9$63,616$68,978$1,515,871
10$66,505$66,089$1,449,367
11$69,524$63,070$1,379,842
12$72,681$59,913$1,307,162
13$75,981$56,613$1,231,181
14$79,431$53,163$1,151,750
15$83,037$49,557$1,068,713
16$86,807$45,787$981,906
17$90,749$41,845$891,157
18$94,869$37,725$796,288
19$99,176$33,417$697,112
20$103,679$28,914$593,432
21$108,387$24,207$485,045
22$113,308$19,286$371,737
23$118,453$14,141$253,284
24$123,831$8,763$129,453
25$129,453$3,141$0

At the end of your 5-year term

Total paid over the term
$662,970
Principal paid down
$244,168
Interest paid
$418,802
Balance remaining
$1,754,232

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$6,100/mo
$73,200Gross annual rent
0.6%Cap rate after taxes and upkeep

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.

2.9%
Gross yield
− Property tax $12,691− Condo fees $36,092− Insurance $600− Vacancy & upkeep $8,052Net operating income $15,765

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.

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