306-77 McMurrich Street, Toronto, ON

Annex, Toronto · MLS® C13759614

$1,300,000
For Sale
Listed 40 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Elegant Boutique Living in the Heart of Downtown Welcome to sophisticated urban living in this beautifully maintained residence, ideally situated in an intimate...
  • Filled with natural light, this spacious 2-bedroom, 2-bathroom + den suite offers an exceptional blend of elegance, comfort, and functionality.
  • A welcoming foyer features granite flooring and a wall-to-wall closet, leading into an inviting open-concept living and dining area with gleaming hardwood floors and...
  • Additionally, this well managed building has recently converted to high-speed fiber and with its healthy reserve fund is preparing for renovations of the building's...

Elegant Boutique Living in the Heart of Downtown Welcome to sophisticated urban living in this beautifully maintained residence, ideally situated in an intimate seven-storey boutique building on a quiet, tree-lined street bordering Toronto's coveted Rosedale and Yorkville neighbourhoods. Filled with natural light, this spacious 2-bedroom, 2-bathroom + den suite offers an exceptional blend of elegance, comfort, and functionality. The versatile den, enclosed by French doors, is perfectly suited as a private home office, study, or guest room. A welcoming foyer features granite flooring and a wall-to-wall closet, leading into an inviting open-concept living and dining area with gleaming hardwood floors and a walkout to a beautifully appointed balcony. The generous primary bedroom also enjoys direct access to the balcony, creating a wonderful connection to the outdoors. The upgraded, well-appointed kitchen offers new cabinetry and ample storage, while the primary retreat is complemented by a luxurious six-piece spa-inspired ensuite, complete with a Jacuzzi tub. Both bathrooms feature elegant marble flooring. Additional conveniences include ensuite laundry, California shutters throughout, and custom-designed walk-in closets in the bedrooms. Set in one of downtown Toronto's most desirable locations, this residence is just steps from world-class shopping, five-star dining, beautiful parks, schools, and convenient transit. A rare opportunity to enjoy boutique condominium living with the cities amenities right outside your door. Of Note: The owners have secured the right to participate in the upcoming installation of the building's EVCS system. Additionally, this well managed building has recently converted to high-speed fiber and with its healthy reserve fund is preparing for renovations of the building's entrance, corridors, party room, guest suite and gym, with no need for a special assessment.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13759614
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Yonge & Belmont
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,423/mo
Exposure
North
Property tax
$5,793 / 2026
Days on market
40
Listing brokerage
BOSLEY REAL ESTATE LTD.

Rooms

Living RoomMain3.25 × 3.99 m

hardwood floor · combined w/dining

BathroomMain1.83 × 2.28 m

3 pc bath · pot lights · marble floor

FoyerMain2.31 × 1.83 m

double closet · granite floor

BathroomMain3.02 × 2.97 m

6 pc ensuite · marble floor · whirlpool

OtherMain3.79 × 1.24 m

Balcony

Dining RoomMain3.24 × 2.37 m

hardwood floor · california shutters · w/o to balcony

DenMain3.03 × 2.28 m

hardwood floor · french doors

KitchenMain3.14 × 2.61 m

renovated · granite counters · breakfast bar

Bedroom 2Main2.75 × 5.57 m

hardwood floor · california shutters · walk-in closet(s)

LaundryMain
Primary BedroomMain3.02 × 5.02 m

hardwood floor · his and hers closets · w/o to balcony

Our TakeTeam Asgarian · Broker
A discount is typical here
$1.24Mlikely sale price

Listed at $1,300,000. Going by how homes in Annex have actually closed against their asking prices (about 96%, 59 local closings in 90 days), the likely sale price is near $1.24M, if it sells. A realistic range is $1.17M to $1.34M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

List price
$1.17MBelow recent closings$1.34MAbove recent closings

Total price vs nearby homes. Likely closing about $1.24M, from 59 recent closings in this pocket.

The market behind the math:

59sold nearby · 90 days
$800Kmedian sold price
94%of asking, on average
−9%prices vs a year ago
~34 dayshomes like this take to sell
40days on market so far
$4,539/moest. rent · 6 leases
4.2%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.2 months of inventory: 23 condo apartment homes for sale in the area against 59 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 $1,182/sqft against an area asking average of $1,211/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 59 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.08M. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
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 ($1,182/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 6 homes sold in this building over the past two years, from 482 closings in Annex.

What sellers nearby are askingCurrently listed nearby in Annex · asking prices
$1.39Mavg 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 $1,299/sqft; this home lists at $1,182/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.30MThis home1.17M1.60M1.88M919kThis home vs active comparables

Sold price trend

Median sold price for condos in Annex: $1.09M in September 2026, down 1% from a year ago, on 256 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$785K22
November 2025$885K22
December 2025$1.08M11
January 2026$1.03M10
February 2026$644K14
March 2026$820K25
April 2026$888K30
May 2026$970K22
June 2026$770K31
July 2026$835K28
August 2026$740K15
September 2026$1.09M26

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
$765K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K
Waterfront Communities C1
$610K
Waterfront Communities C8
$554K

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
Rosedale Junior Public School · Public elementary0.7 km · 94% at standard
Cottingham Junior Public School · Public elementary0.8 km · 100% at standard
Huron Street Junior Public School · Public elementary1.1 km · 74% at standard
St Joseph's College School · Catholic secondary1.2 km · 76% at standard
Msgr Fraser College (Isabella Campus) · Catholic secondary1.2 km
Our Lady of Perpetual Help Catholic School · Catholic elementary1.4 km · 88% at standard
Brown Junior Public School · Public elementary1.4 km · 86% at standard
Jarvis Collegiate Institute · Public secondary1.4 km · 57% at standard
Rose Avenue Junior Public School · Public elementary1.5 km · 46% at standard
Native Learning Centre · Public secondary1.5 km
Church Street Junior Public School · Public elementary1.5 km · 73% at standard
St Martin Catholic School(OL of Lourdes · Catholic elementary1.6 km

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

Affordability & Mortgage

Affordability
$5,925/mo
$271KIncome needed
4.8×Price ÷ income
$1,367Weekly cost
$44,950Land 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.

76%mortgage
Mortgage $5,925Property tax $483Condo fee $1,423Total carry $7,830

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%
$
%
4.49%
%
Live rate from Ratehub.ca

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

years
years (your rate-locked period)
$5,750per month

Mortgage amount $1,040,000 · 4.49% over 25 years

$260,000Down payment (20.0%)
$1,040,000Loan before insurance
$0CMHC premium
$7,656Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,750
Property tax
$483
Condo / maintenance fees
$1,423
Heating
$0
Estimated monthly cost
$7,656

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

One-time closing costs

Ontario land transfer tax
$22,475
Toronto municipal land transfer tax
$22,475
Estimated closing costs
$44,950

Plus your down payment of $260,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,960/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

$685,102Total interest paid
$1,725,102Total of all payments
Principal $1,040,000 Interest $685,102
YearPrincipalInterestBalance
1$23,208$45,796$1,016,792
2$24,262$44,742$992,530
3$25,364$43,640$967,166
4$26,515$42,489$940,650
5$27,719$41,285$912,931
6$28,978$40,026$883,953
7$30,294$38,711$853,660
8$31,669$37,335$821,991
9$33,107$35,897$788,884
10$34,610$34,394$754,274
11$36,181$32,823$718,093
12$37,824$31,180$680,268
13$39,542$29,462$640,727
14$41,337$27,667$599,390
15$43,214$25,790$556,176
16$45,176$23,828$511,000
17$47,227$21,777$463,773
18$49,371$19,633$414,401
19$51,613$17,391$362,788
20$53,956$15,048$308,832
21$56,406$12,598$252,426
22$58,967$10,037$193,458
23$61,645$7,359$131,813
24$64,444$4,560$67,370
25$67,370$1,634$0

At the end of your 5-year term

Total paid over the term
$345,020
Principal paid down
$127,069
Interest paid
$217,952
Balance remaining
$912,931

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 6 whole-home leases in Annex$4,539/mo
$54,468Gross annual rent
1.9%Cap rate after taxes and upkeep
$4,175 to $5,014Typical rent range
~18 daysTo find a tenant, on average

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 6 whole-home leases in Annex signed at a median of $4,399 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,539. 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.

4.2%
Gross yield
− Property tax $5,793− Condo fees $17,070− Insurance $600− Vacancy & upkeep $5,991Net operating income $25,013

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

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