401-32 Davenport Road, Toronto, ON

Annex, Toronto · MLS® C13835756

$720,000
For Sale
Listed 21 days agoNo offer date stated
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2Bedrooms
2Bathrooms
0Parking
800-899Sq ft

About this home

In short

  • Welcome to The Yorkville Condominiums at 32 Davenport, ideally located in the heart of Bloor-Yorkville.
  • This bright and spacious 2-bedroom, 2-bathroom suite offers approximately 800 sq. ft. of interior living space plus an impressive 182 sq. ft. balcony.
  • Enjoy a quiet west-facing exposure with beautiful afternoon light, floor-to-ceiling windows, 9-foot ceilings and quality roller blinds throughout.
  • The open-concept kitchen features quartz countertops and Miele appliances.

Welcome to The Yorkville Condominiums at 32 Davenport, ideally located in the heart of Bloor-Yorkville. This bright and spacious 2-bedroom, 2-bathroom suite offers approximately 800 sq. ft. of interior living space plus an impressive 182 sq. ft. balcony. A wider floor plan sets this suite apart from the more typical long and narrow layouts in the building, creating a comfortable and functional living space with excellent natural light throughout. Enjoy a quiet west-facing exposure with beautiful afternoon light, floor-to-ceiling windows, 9-foot ceilings and quality roller blinds throughout. The open-concept kitchen features quartz countertops and Miele appliances. The primary bedroom offers custom built-in storage, providing excellent additional functionality. The living and dining areas extend naturally to the oversized balcony, creating a fantastic outdoor space in the heart of the city. Residents enjoy an excellent selection of building amenities, including a hot tub, steam room, yoga studio, fitness room, party room and rooftop terrace with BBQs. Steps to the shops, restaurants and cafes of Bloor-Yorkville, Ramsden Park, transit and everything downtown Toronto has to offer. Includes one storage locker.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13835756
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Bay & Davenport
Parking
0 parking
Basement
Other
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Other
Maintenance
$787/mo
Exposure
North West
Property tax
$5,271 / 2026
Days on market
21
Listing brokerage
THE AGENCY
Our TakeTeam Asgarian · Broker
A discount is typical here
$688Klikely sale price

Listed at $720,000. 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 $688K, if it sells. A realistic range is $648K to $744K.

Independent value check: $901K. Without looking at the asking price, our model values the home itself about 25% above the ask (homes like it typically land between $839K and $947K).

Why $901K. The typical condo sold in Annex over the past year went for about $853K (250 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $5,271 a year; the typical home sold here pays about $4,900.
  • ▼ Lowers it slightly0 garage and 0 total parking spaces, against 1 and 1 typically.
List price
$648KBelow recent closings$744KAbove recent closings

Total price vs nearby homes. Likely closing about $688K, 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
21days on market so far
$3,683/moest. rent · 296 leases
6.1%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.1 months of inventory: 42 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 $848/sqft against an area asking average of $1,065/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 $878K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

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

  • Open-concept layout: modern, sought-after flow. 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.

Based on 59 comparable homes that sold in Annex over the past two years, from 482 closings there.

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.

Kensington-Chinatown
$585K
Church-Yonge Corridor
$876K
Moss Park
$549K
Waterfront Communities C1
$625K
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 · 0.2 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 elementary0.8 km · 94% at standard
Cottingham Junior Public School · Public elementary0.9 km · 100% at standard
St Joseph's College School · Catholic secondary1.0 km · 76% at standard
Huron Street Junior Public School · Public elementary1.1 km · 74% at standard
Msgr Fraser College (Isabella Campus) · Catholic secondary1.1 km
Jarvis Collegiate Institute · Public secondary1.3 km · 57% at standard
Native Learning Centre · Public secondary1.3 km
Church Street Junior Public School · Public elementary1.4 km · 73% at standard
Rose Avenue Junior Public School · Public elementary1.4 km · 46% at standard
St Martin Catholic School(OL of Lourdes · Catholic elementary1.4 km
Brown Junior Public School · Public elementary1.6 km · 86% at standard
Our Lady of Perpetual Help Catholic School · Catholic elementary1.6 km · 88% at standard

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

Affordability & Mortgage

Affordability
$3,282/mo
$158KIncome needed
4.6×Price ÷ income
$757Weekly cost
$21,750Land 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.

73%mortgage
Mortgage $3,282Property tax $439Condo fee $787Total carry $4,508

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,185per month

Mortgage amount $576,000 · 4.49% over 25 years

$144,000Down payment (20.0%)
$576,000Loan before insurance
$0CMHC premium
$4,411Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,185
Property tax
$439
Condo / maintenance fees
$787
Heating
$0
Estimated monthly cost
$4,411

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

One-time closing costs

Ontario land transfer tax
$10,875
Toronto municipal land transfer tax
$10,875
Estimated closing costs
$21,750

Plus your down payment of $144,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,855/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

$379,441Total interest paid
$955,441Total of all payments
Principal $576,000 Interest $379,441
YearPrincipalInterestBalance
1$12,854$25,364$563,146
2$13,437$24,780$549,709
3$14,048$24,170$535,661
4$14,685$23,532$520,976
5$15,352$22,865$505,623
6$16,049$22,168$489,574
7$16,778$21,440$472,796
8$17,540$20,678$455,257
9$18,336$19,882$436,920
10$19,169$19,049$417,752
11$20,039$18,179$397,713
12$20,949$17,269$376,764
13$21,900$16,318$354,864
14$22,894$15,323$331,970
15$23,934$14,284$308,036
16$25,021$13,197$283,015
17$26,157$12,061$256,859
18$27,344$10,873$229,515
19$28,586$9,632$200,929
20$29,884$8,334$171,045
21$31,240$6,977$139,805
22$32,659$5,559$107,146
23$34,142$4,076$73,004
24$35,692$2,526$37,312
25$37,312$905$0

At the end of your 5-year term

Total paid over the term
$191,088
Principal paid down
$70,377
Interest paid
$120,712
Balance remaining
$505,623

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 296 whole-home leases in Annex$3,683/mo
$44,196Gross annual rent
3.3%Cap rate after taxes and upkeep
$3,432 to $4,078Typical 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 296 whole-home leases in Annex signed at a median of $3,548 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,683. 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.

6.1%
Gross yield
− Property tax $5,271− Condo fees $9,447− Insurance $600− Vacancy & upkeep $4,862Net operating income $24,016

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of THE AGENCY. MLS®/PropTx.

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