108-3 Mcalpine Street, Toronto, ON

Annex, Toronto · MLS® C13862734

$399,900
For Sale
Listed 14 days agoNo offer date stated
Request a showing
◎ Directions
1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Such a wonderful Award-Winning Condo building in Toronto's coveted Yorkville neighborhood.
  • 639s.f., Right At The First Floor For Your Convenience With Floor-To-Ceiling Windows Across Entire Suite With Juliette Balcony.
  • Living Room And Bedroom Have Gorgeous Hardwood Floors.
  • Steps To Subway, Shops & Restaurants, Yorkville, Parks, Concierge, Amenities, Including: Gym,Concierge & Security, Visitors Parking, Party/Meeting Room.

Such a wonderful Award-Winning Condo building in Toronto's coveted Yorkville neighborhood. Rarely Available, One Bedroom Unit approx. 639s.f., Right At The First Floor For Your Convenience With Floor-To-Ceiling Windows Across Entire Suite With Juliette Balcony. Living Room And Bedroom Have Gorgeous Hardwood Floors. Steps To Subway, Shops & Restaurants, Yorkville, Parks, Concierge, Amenities, Including: Gym,Concierge & Security, Visitors Parking, Party/Meeting Room. Exceptional Yorkville Value!!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13862734
Bedrooms
1
Bathrooms
1
Size
600-699 sq ft
Cross streets
Bay St / Davenport Rd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,106/mo
Exposure
North
Property tax
$3,031 / 2025
Days on market
14
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Primary BedroomFlat3.35 × 3.04 m

hardwood floor · large window · large closet

KitchenFlat2.74 × 2.42 m

tile floor · large window · open concept

Dining RoomFlat3.66 × 3.66 m

hardwood floor · large window · juliette balcony

Living RoomFlat3.66 × 3.66 m

hardwood floor · large closet · open concept

Our TakeTeam Asgarian · Broker
A discount is typical here
$382Klikely sale price

Listed at $399,900. 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 $382K, if it sells. A realistic range is $360K to $413K.

Independent value check: $511K. Without looking at the asking price, our model values the home itself about 28% above the ask (homes like it typically land between $476K and $537K).

Why $511K. The typical condo sold in Annex over the past year went for about $853K (250 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $3,031 a year; the typical home sold here pays about $4,900.
  • ▼ Lowers it strongly1 bedrooms and 1 baths, against 2+1 and 2 typically.
  • ▼ Lowers it stronglyIt is 600 to 699 sq ft; the typical home sold here is 800 to 899.
List price
$360KBelow recent closings$413KAbove recent closings

Total price vs nearby homes. Likely closing about $382K, 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
14days on market so far
$3,112/moest. rent · 5 leases
9.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.9 months of inventory: 37 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 $616/sqft against an area asking average of $1,060/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 $596K. Condition and finishes remain an 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.

  • Hardwood floors: quality hardwood is durable and broadly desirable. 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 8 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
$607kavg 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 $511K, which is where my estimate comes from.

Per square foot, these ask about $866/sqft; this home lists at $616/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
400kThis home498k499k825kThis 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
$529K
Waterfront Communities C1
$610K
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
Cottingham Junior Public School · Public elementary0.8 km · 100% at standard
Rosedale Junior Public School · Public elementary0.8 km · 94% at standard
Huron Street Junior Public School · Public elementary1.0 km · 74% at standard
St Joseph's College School · Catholic secondary1.1 km · 76% at standard
Msgr Fraser College (Isabella Campus) · Catholic secondary1.2 km
Jarvis Collegiate Institute · Public secondary1.4 km · 57% at standard
Native Learning Centre · Public secondary1.5 km
Church Street Junior Public School · Public elementary1.5 km · 73% at standard
Brown Junior Public School · Public elementary1.5 km · 86% at standard
Rose Avenue Junior Public School · Public elementary1.5 km · 46% at standard
St Martin Catholic School(OL of Lourdes · Catholic elementary1.5 km
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
$1,823/mo
$102KIncome needed
3.9×Price ÷ income
$421Weekly cost
$8,947Land 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.

57%mortgage
Mortgage $1,823Property tax $253Condo fee $1,106Total carry $3,181

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

years
years (your rate-locked period)
$1,769per month

Mortgage amount $319,920 · 4.49% over 25 years

$79,980Down payment (20.0%)
$319,920Loan before insurance
$0CMHC premium
$3,127Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,769
Property tax
$253
Condo / maintenance fees
$1,106
Heating
$0
Estimated monthly cost
$3,127

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

One-time closing costs

Ontario land transfer tax
$4,474
Toronto municipal land transfer tax
$4,474
Estimated closing costs
$8,947

Plus your down payment of $79,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,141/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

$210,748Total interest paid
$530,668Total of all payments
Principal $319,920 Interest $210,748
YearPrincipalInterestBalance
1$7,139$14,087$312,781
2$7,463$13,763$305,317
3$7,802$13,424$297,515
4$8,157$13,070$289,359
5$8,527$12,700$280,832
6$8,914$12,313$271,918
7$9,319$11,908$262,599
8$9,742$11,485$252,857
9$10,184$11,043$242,673
10$10,647$10,580$232,026
11$11,130$10,097$220,896
12$11,635$9,591$209,261
13$12,164$9,063$197,097
14$12,716$8,511$184,381
15$13,293$7,933$171,088
16$13,897$7,330$157,191
17$14,528$6,699$142,664
18$15,187$6,039$127,476
19$15,877$5,350$111,599
20$16,598$4,629$95,001
21$17,351$3,875$77,650
22$18,139$3,087$59,511
23$18,963$2,264$40,548
24$19,824$1,403$20,724
25$20,724$503$0

At the end of your 5-year term

Total paid over the term
$106,134
Principal paid down
$39,088
Interest paid
$67,045
Balance remaining
$280,832

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$3,112/mo
$37,344Gross annual rent
4.1%Cap rate after taxes and upkeep
$2,739 to $3,486Typical 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 $3,399 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,112. 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.

9.3%
Gross yield
− Property tax $3,031− Condo fees $13,269− Insurance $600− Vacancy & upkeep $4,108Net operating income $16,336

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

CallRequest a showing