811-170 Avenue Road, Toronto, ON

Annex, Toronto · MLS® C13822872

$1,829,000
For Sale
Listed 26 days agoNo offer date stated
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2Bedrooms
3Bathrooms
2Garage
1200-1399Sq ft

About this home

In short

  • Welcome to Suite 811 at Pears on the Avenue - one of Avenue Road's most distinguished addresses.
  • This spacious two-bedroom residence offers an open-concept layout, panoramic skyline and park views, and floor-to-ceiling windows that flood the living and dining...
  • Hardwood floors and 9-foot ceilings add warmth and volume throughout.
  • The kitchen is anchored by integrated Miele appliances, granite countertops, and a generous island - a natural gathering point whether you're cooking for two or...
  • Building amenities are extensive: indoor pool, fitness centre, yoga studio, 24-hour concierge, party room, and a rooftop terrace with fireplace and barbecue.

Welcome to Suite 811 at Pears on the Avenue - one of Avenue Road's most distinguished addresses. This spacious two-bedroom residence offers an open-concept layout, panoramic skyline and park views, and floor-to-ceiling windows that flood the living and dining areas with natural light. Hardwood floors and 9-foot ceilings add warmth and volume throughout. The kitchen is anchored by integrated Miele appliances, granite countertops, and a generous island - a natural gathering point whether you're cooking for two or hosting a crowd. The primary suite enjoys south-facing exposure, complete with a walk-in closet and a spa-like 5-piece ensuite. The second bedroom is equally impressive - oversized and privately positioned, with unobstructed east-facing views over Ramsden Park and its own 3-piece ensuite. A large south-facing terrace extends the living space outdoors, offering a rare private retreat above the city. Two side-by-side parking spots are included - a genuine rarity at this address. Building amenities are extensive: indoor pool, fitness centre, yoga studio, 24-hour concierge, party room, and a rooftop terrace with fireplace and barbecue. Steps from Yorkville Village, Summerhill, and the best of Avenue and Davenport - this is urban living with nothing left to compromise.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13822872
Bedrooms
2
Bathrooms
3 (1 half)
Size
1200-1399 sq ft
Cross streets
Avenue & Davenport
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Concrete
Maintenance
$1,263/mo
Exposure
South East
Property tax
$9,202 / 2025
Days on market
26
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

Primary BedroomFlat3.96 × 3.35 m

walk-in closet(s) · 5 pc ensuite · hardwood floor

Living RoomFlat6.63 × 5.18 m

hardwood floor · w/o to balcony · combined w/kitchen

KitchenFlat3.96 × 2.13 m

centre island · b/i appliances · open concept

Dining RoomFlat6.63 × 5.18 m

se view · large window · hardwood floor

Bedroom 2Flat3.98 × 3.28 m

3 pc ensuite · closet · east view

FoyerFlat4.20 × 2.10 m

hardwood floor · closet · pot lights

Our TakeTeam Asgarian · Broker
A discount is typical here
$1.75Mlikely sale price

Listed at $1,829,000. Going by how homes in Annex have actually closed against their asking prices (about 96%, 56 local closings in 90 days), the likely sale price is near $1.75M, if it sells. A realistic range is $1.65M to $1.89M.

Independent value check: $1.61M. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $1.50M and $1.69M).

Why $1.61M. The typical condo sold in Annex over the past year went for about $853K (250 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $9,202 a year; the typical home sold here pays about $4,900.
  • ▲ Raises it stronglyIt is 1,200 to 1,399 sq ft; the typical home sold here is 800 to 899.
  • ▲ Raises it2 garage and 2 total parking spaces, against 1 and 1 typically.
  • ▲ Raises it slightlyIts maintenance fee is $1,263 a month; the typical unit sold here pays about $980.
List price
$1.65MBelow recent closings$1.89MAbove recent closings

Total price vs nearby homes. Likely closing about $1.75M, from 56 recent closings in this pocket.

The market behind the math:

56sold nearby · 90 days
$820Kmedian sold price
94%of asking, on average
−7%prices vs a year ago
~34 dayshomes like this take to sell
26days on market so far
$4,682/moest. rent · 5 leases
3.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1 months of inventory: 19 condo apartment homes for sale in the area against 56 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 $1,407/sqft against an area asking average of $1,350/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 56 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.42M. Condition and finishes remain an in-person call.

What the listing highlights4 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
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • 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 ($1,407/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 7 homes sold in this building over the past two years, from 481 closings in Annex.

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.

Bay Street Corridor
$479K
Church-Yonge Corridor
$659K
Mount Pleasant West
$639K
Waterfront Communities C1
$750K
Moss Park
$633K

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 · 0.7 km awayAround the GTA average · 74% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Cottingham Junior Public School · Public elementary0.6 km · 100% at standard
Brown Junior Public School · Public elementary1.1 km · 86% at standard
Rosedale Junior Public School · Public elementary1.3 km · 94% at standard
St Joseph's College School · Catholic secondary1.4 km · 76% at standard
Hillcrest Community School · Public elementary1.5 km · 85% at standard
Msgr Fraser Orientation Centre · Catholic secondary1.6 km
Palmerston Avenue Junior Public School · Public elementary1.6 km · 80% at standard
Loretto College School · Catholic secondary1.6 km · 62% at standard
Central Technical School · Public secondary1.6 km · 54% at standard
Deer Park Junior and Senior Public School · Public elementary1.6 km · 84% at standard
Our Lady of Perpetual Help Catholic School · Catholic elementary1.7 km · 88% at standard
Msgr Fraser College (Isabella Campus) · Catholic secondary1.8 km

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

Affordability & Mortgage

Affordability
$8,336/mo
$369KIncome needed
5.0×Price ÷ income
$1,924Weekly cost
$66,110Land 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.

80%mortgage
Mortgage $8,336Property tax $767Condo fee $1,263Total carry $10,366

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,090per month

Mortgage amount $1,463,200 · 4.49% over 25 years

$365,800Down payment (20.0%)
$1,463,200Loan before insurance
$0CMHC premium
$10,120Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,090
Property tax
$767
Condo / maintenance fees
$1,263
Heating
$0
Estimated monthly cost
$10,120

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

One-time closing costs

Ontario land transfer tax
$33,055
Toronto municipal land transfer tax
$33,055
Estimated closing costs
$66,110

Plus your down payment of $365,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,792/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

$963,885Total interest paid
$2,427,085Total of all payments
Principal $1,463,200 Interest $963,885
YearPrincipalInterestBalance
1$32,652$64,431$1,430,548
2$34,135$62,948$1,396,413
3$35,685$61,399$1,360,728
4$37,305$59,778$1,323,423
5$38,999$58,085$1,284,424
6$40,770$56,314$1,243,654
7$42,621$54,463$1,201,034
8$44,556$52,528$1,156,478
9$46,579$50,505$1,109,899
10$48,694$48,390$1,061,206
11$50,905$46,179$1,010,301
12$53,216$43,868$957,085
13$55,632$41,451$901,453
14$58,158$38,925$843,295
15$60,799$36,285$782,497
16$63,559$33,524$718,938
17$66,445$30,639$652,493
18$69,462$27,622$583,031
19$72,616$24,468$510,415
20$75,913$21,171$434,503
21$79,359$17,724$355,143
22$82,963$14,121$272,181
23$86,729$10,354$185,451
24$90,667$6,416$94,784
25$94,784$2,299$0

At the end of your 5-year term

Total paid over the term
$485,417
Principal paid down
$178,776
Interest paid
$306,641
Balance remaining
$1,284,424

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$4,682/mo
$56,184Gross annual rent
1.4%Cap rate after taxes and upkeep
$3,793 to $5,244Typical 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 5 whole-home leases in Annex signed at a median of $3,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,682. 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.

3.1%
Gross yield
− Property tax $9,202− Condo fees $15,158− Insurance $600− Vacancy & upkeep $6,180Net operating income $25,044

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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