303-32 Davenport Road, Toronto, ON

Annex, Toronto · MLS® C13854852

$1,599,000
For Sale
Listed 17 days agoNo offer date stated
2+1Bedrooms
2Bathrooms
2Garage
900-999Sq ft

About this home

In short

  • This Exceptional Two-Bedroom-Plus-Den Suite Is Defined By Its Spectacular 1,116 Sq.
  • Inside, The Suite Features Generous Principal Rooms, High Ceilings, And A Thoughtfully Designed Layout.
  • The Modern Kitchen Is Appointed With Premium Appliances, White Cabinetry, And A Breakfast Bar/Island, Seamlessly Connecting To The Open-Concept Living And Dining Area.
  • Both Bedrooms Enjoy Direct Access To The Terrace, While The Primary Bedroom Features A 4-Piece Ensuite.

Rarely Offered! This Exceptional Two-Bedroom-Plus-Den Suite Is Defined By Its Spectacular 1,116 Sq.Ft. Private Terrace-An Extraordinary Outdoor Space Rarely Found In Condominium Living. Offering Ample Room For Outdoor Dining, Entertaining, Lounging, And Gardening, The Terrace Serves As A True Extension Of The Home And Creates A Unique Indoor-Outdoor Lifestyle In The Heart Of The City. Inside, The Suite Features Generous Principal Rooms, High Ceilings, And A Thoughtfully Designed Layout. The Modern Kitchen Is Appointed With Premium Appliances, White Cabinetry, And A Breakfast Bar/Island, Seamlessly Connecting To The Open-Concept Living And Dining Area. Both Bedrooms Enjoy Direct Access To The Terrace, While The Primary Bedroom Features A 4-Piece Ensuite. A Versatile Den Provides Flexibility For A Home Office, Guest Room, Or Additional Living Space. The Suite Also Includes Two Parking Spaces. Ideally Situated Between Yorkville And Summerhill, And Just Steps From Some Of Toronto's Finest Restaurants, Cafes, Boutiques, And Everyday Amenities, This Residence Offers A Rare Combination Of Expansive Outdoor Living, Generous Interior Space, And An Exceptional Location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13854852
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
900-999 sq ft
Cross streets
Bay Street and Davenport Road
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,085/mo
Exposure
North West
Property tax
$7,405 / 2025
Days on market
17
Listing brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.

Rooms

Primary BedroomMain2.78 × 2.77 m

w/o to patio · ensuite bath · closet

DenMain2.53 × 2.16 m

large window · hardwood floor · open concept

KitchenMain2.77 × 2.13 m

breakfast bar · stainless steel appl · backsplash

FoyerMain0.00 × 0.00 m

double closet · hardwood floor · overlooks living

Dining RoomMain2.77 × 2.77 m

combined w/living · w/o to patio · hardwood floor

Bedroom 2Main3.02 × 2.74 m

window floor to ceiling · w/o to patio · closet

Living RoomMain3.35 × 2.77 m

hardwood floor · open concept · combined w/dining

Our TakeTeam Asgarian · Broker
A discount is typical here
$1.53Mlikely sale price

Listed at $1,599,000. 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 $1.53M, if it sells. A realistic range is $1.44M to $1.65M.

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
$1.44MBelow recent closings$1.65MAbove recent closings

Total price vs nearby homes. Likely closing about $1.53M, 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
17days on market so far
$3,860/moest. rent · 6 leases
2.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.6 months of inventory: 31 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 $1,684/sqft against an area asking average of $1,196/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 $953K. 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • 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 15 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
$1.08Mavg asking

Nothing 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 $1.16M, which is where my estimate comes from.

Per square foot, these ask about $1,087/sqft; this home lists at $1,684/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.60MThis home1.17M1.30M932k919kThis 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
$876K
Moss Park
$549K
Waterfront Communities C1
$625K

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
$7,288/mo
$321KIncome needed
5.0×Price ÷ income
$1,682Weekly cost
$56,910Land 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.

81%mortgage
Mortgage $7,288Property tax $617Condo fee $1,085Total carry $8,990

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

years
years (your rate-locked period)
$7,073per month

Mortgage amount $1,279,200 · 4.49% over 25 years

$319,800Down payment (20.0%)
$1,279,200Loan before insurance
$0CMHC premium
$8,775Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,073
Property tax
$617
Condo / maintenance fees
$1,085
Heating
$0
Estimated monthly cost
$8,775

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

One-time closing costs

Ontario land transfer tax
$28,455
Toronto municipal land transfer tax
$28,455
Estimated closing costs
$56,910

Plus your down payment of $319,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,561/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

$842,675Total interest paid
$2,121,875Total of all payments
Principal $1,279,200 Interest $842,675
YearPrincipalInterestBalance
1$28,546$56,329$1,250,654
2$29,842$55,033$1,220,811
3$31,197$53,678$1,189,614
4$32,614$52,261$1,157,000
5$34,095$50,780$1,122,905
6$35,643$49,232$1,087,263
7$37,261$47,614$1,050,002
8$38,953$45,922$1,011,049
9$40,721$44,154$970,327
10$42,570$42,305$927,757
11$44,503$40,372$883,254
12$46,524$38,351$836,730
13$48,636$36,239$788,094
14$50,844$34,031$737,249
15$53,153$31,722$684,096
16$55,566$29,309$628,530
17$58,089$26,786$570,441
18$60,727$24,148$509,714
19$63,484$21,391$446,230
20$66,366$18,509$379,863
21$69,380$15,495$310,483
22$72,530$12,345$237,953
23$75,823$9,052$162,130
24$79,266$5,609$82,865
25$82,865$2,010$0

At the end of your 5-year term

Total paid over the term
$424,375
Principal paid down
$156,295
Interest paid
$268,080
Balance remaining
$1,122,905

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$3,860/mo
$46,320Gross annual rent
1.3%Cap rate after taxes and upkeep
$3,551 to $4,169Typical 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 $3,625 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,860. 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.

2.9%
Gross yield
− Property tax $7,405− Condo fees $13,026− Insurance $600− Vacancy & upkeep $5,095Net operating income $20,194

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON BARRY COHEN HOMES INC.. MLS®/PropTx.

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