206-170 Avenue Road, Toronto, ON
Annex, Toronto · MLS® C13842474
About this home
In short
- A distinctive, fully upgraded residence at Pears on the Avenue offering a rare combination of space, privacy and true indoor-outdoor living.
- Just under 1,000 sq. ft., this beautifully appointed 2-bedroom, 2-bath suite features 10-ft ceilings, hardwood floors, crown moulding & pot lights throughout, and a...
- The unit's second-floor setting further enhances the experience, offering easy access to the building and amenities without relying on elevators, while its position...
- The suite also includes a premium extra-wide accessible parking space with an EV charger, conveniently located beside the elevator.
- Built by Menkes, Pears on the Avenue offers attentive concierge service and exceptional amenities including an indoor pool, fitness centre, guest suite, visitor...
A distinctive, fully upgraded residence at Pears on the Avenue offering a rare combination of space, privacy and true indoor-outdoor living. Just under 1,000 sq. ft., this beautifully appointed 2-bedroom, 2-bath suite features 10-ft ceilings, hardwood floors, crown moulding & pot lights throughout, and a proper foyer leading into a thoughtfully designed living space. The upgraded kitchen showcases glass tile backsplash & a large waterfall island, creating a clean, contemporary focal point for the home. What truly sets this residence apart is its nearly 400 sq. ft. wraparound terrace, with direct walkouts from both the kitchen & living room. The generous outdoor footprint visually extends the interior and creates a seamless connection between inside and out-an exceptional amount of private outdoor space in the heart of the city. The unit's second-floor setting further enhances the experience, offering easy access to the building and amenities without relying on elevators, while its position tucked away from the elevator provides a quiet, private sense of arrival. The suite also includes a premium extra-wide accessible parking space with an EV charger, conveniently located beside the elevator. Ideally positioned at the crossroads of Yorkville & The Annex, Pears on the Avenue is one of those buildings that has quietly earned a loyal following among those who know it well. Intimate in scale, exceptionally well managed & built with the quality and proportions that make a home genuinely enjoyable to live in, it is a building where residents tend to stay. Built by Menkes, Pears on the Avenue offers attentive concierge service and exceptional amenities including an indoor pool, fitness centre, guest suite, visitor parking & pet spa. Directly across from Ramsden Park and a short walk to the subway, Whole Foods, great restaurants, boutiques and everything Yorkville has to offer. A sophisticated, highly livable home in one of Toronto's most desirable neighbourhoods.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13842474
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 900-999 sq ft
- Cross streets
- AVENUE / DAVENPORT
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Metal/Steel Siding
- Maintenance
- $960/mo
- Exposure
- North East
- Property tax
- $6,599 / 2026
- Days on market
- 19
- Listing brokerage
- HAZELTON REAL ESTATE INC.
Rooms
Hardwood Floor
hardwood floor · 4 pc ensuite · walk-in closet(s)
hardwood floor · stainless steel appl · centre island
hardwood floor · double closet
hardwood floor · window floor to ceiling · w/o to terrace
hardwood floor · window floor to ceiling · double closet
Listed at $1,349,000. 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 $1.29M, if it sells. A realistic range is $1.21M to $1.39M.
Independent value check: $1.11M. Without looking at the asking price, our model values the home itself about 17% below the ask (homes like it typically land between $1.04M and $1.17M).
Why $1.11M. 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 $6,599 a year; the typical home sold here pays about $4,900.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises itIt is 900 to 999 sq ft; the typical home sold here is 800 to 899.
Total price vs nearby homes. Likely closing about $1.29M, from 59 recent closings in this pocket.
The market behind the math:
About 1.7 months of inventory: 34 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 $1,421/sqft against an area asking average of $1,164/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 $1.10M. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Elevator: rare and valuable for accessibility and resale. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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 7 homes sold in this building over the past two years, from 482 closings in Annex.
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $1.11M, which is where my estimate comes from.
Per square foot, these ask about $1,172/sqft; this home lists at $1,421/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 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
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 $1,079,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,967
- Property tax
- $550
- Condo / maintenance fees
- $960
- Heating
- $0
- Estimated monthly cost
- $7,477
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $23,455
- Toronto municipal land transfer tax
- $23,455
- Estimated closing costs
- $46,910
Plus your down payment of $269,800. 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
- $358,025
- Principal paid down
- $131,858
- Interest paid
- $226,167
- Balance remaining
- $947,342
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 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 $3,693. 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 HAZELTON REAL ESTATE INC.. MLS®/PropTx.