401-321 Davenport Road, Toronto, ON
Annex, Toronto · MLS® C13765730
About this home
In short
- Perched above a quiet, tree-lined street, this exceptional residence at 321 Davenport is ideally located in the heart of The Annex, just a short walk to the shops...
- This spacious 3-bedroom + den, 3.5-bathroom suite offers approximately 3,809 sq. ft. of interior living space plus a 262 sq. ft. terrace.
- The suite features 10-foot ceilings throughout, a beautifully designed modern kitchen and bathrooms, and premium Miele appliances.
Perched above a quiet, tree-lined street, this exceptional residence at 321 Davenport is ideally located in the heart of The Annex, just a short walk to the shops, restaurants, and wellness destinations of Yorkville. Designed with modern elegance and clean architectural lines, this boutique building offers a private and refined lifestyle residence. This spacious 3-bedroom + den, 3.5-bathroom suite offers approximately 3,809 sq. ft. of interior living space plus a 262 sq. ft. terrace. Floor-to-ceiling windows showcase beautiful south,east, andwest city views, while the large terrace overlooks the surrounding treetops and the downtown skyline. The suite features 10-foot ceilings throughout, a beautifully designed modern kitchen and bathrooms, and premium Miele appliances. The unit also includes one EV parking space, one standard parking space, and a private storage room.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13765730
- Bedrooms
- 3
- Bathrooms
- 4 (1 half)
- Size
- 3750-3999 sq ft
- Cross streets
- Between Dupont St & Bedford Rd
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Concrete, Other
- Exposure
- South East
- Days on market
- 39
- Listing brokerage
- HARVEY KALLES REAL ESTATE LTD.
Rooms
electric fireplace · window floor to ceiling · hardwood floor
hardwood floor · open concept · window floor to ceiling
hardwood floor · double closet
3 pc ensuite · hardwood floor · double closet
6 pc ensuite · hardwood floor · walk-in closet(s)
laundry sink · b/i appliances
b/i appliances · centre island · hardwood floor
3 pc ensuite · hardwood floor · walk-in closet(s)
gas fireplace · window floor to ceiling · w/o to balcony
Listed at $8,875,990 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $8.48M, typically $7.99M to $9.17M. Comparable closings on their own put this home around $3.61M, about 59% below the ask.
Total price vs nearby homes. Likely closing about $8.48M, from 59 recent closings in this pocket.
The market behind the math:
About 0.3 months of inventory: 6 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.
Price per square foot: this home lists at $2,291/sqft against an area asking average of $1,937/sqft.
How this estimate is builtthe short version
I take the 59 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.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
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.
Based on 59 comparable homes that sold in Annex over the past two years, from 482 closings there.
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 $2,173/sqft; this home lists at $2,291/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold 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.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $785K | 22 |
| November 2025 | $885K | 22 |
| December 2025 | $1.08M | 11 |
| January 2026 | $1.03M | 10 |
| February 2026 | $644K | 14 |
| March 2026 | $820K | 25 |
| April 2026 | $888K | 30 |
| May 2026 | $970K | 22 |
| June 2026 | $770K | 31 |
| July 2026 | $835K | 28 |
| August 2026 | $740K | 15 |
| September 2026 | $1.09M | 26 |
Neighbourhood & location
Annex, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $7,100,792 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $39,261
- Estimated property tax
- $5,548
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $44,809
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $208,375
- Toronto municipal land transfer tax
- $354,654
- Estimated closing costs
- $563,029
Plus your down payment of $1,775,198. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $2,355,690
- Principal paid down
- $867,586
- Interest paid
- $1,488,104
- Balance remaining
- $6,233,206
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 203 whole-home leases in Annex signed at a median of $3,650 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,278. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.