128 Wells Street, Toronto, ON
Annex, Toronto · MLS® C13866852
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About this home
In short
- Architect-Designed Annex Renovation Showcasing Bright, Modern Interiors with High Ceilings Throughout and an Abundance of Natural Light.
- Spanning Over 2,700 Sq Ft Across Three Well-Designed Levels, This Home Features a Versatile Finished Loft Easily Convertible to a Fourth Bedroom or Office, Plus a...
- Open-Concept Living and Dining Flow into a Designer Kitchen with Walkout to a Large Deck and Private Garden-Perfect for Entertaining.
Architect-Designed Annex Renovation Showcasing Bright, Modern Interiors with High Ceilings Throughout and an Abundance of Natural Light. Spanning Over 2,700 Sq Ft Across Three Well-Designed Levels, This Home Features a Versatile Finished Loft Easily Convertible to a Fourth Bedroom or Office, Plus a Fully Finished Basement with Walkout and In-Law Suite. Thoughtfully Updated with Contemporary Finishes and Four Luxurious Bathrooms. Open-Concept Living and Dining Flow into a Designer Kitchen with Walkout to a Large Deck and Private Garden-Perfect for Entertaining. The Primary Suite Offers a True Retreat with a Spa-Inspired Ensuite and Walk-In Closet. Stunning Third-Floor Loft with Bath and Rooftop Walkout.Located just steps from Summerhill Market, great coffee shops, Bathurst & Dupont Subway Stations, restaurants, boutiques, parks, and everyday neighbourhood amenities. Enjoy easy access to Yorkville and Bloor Street. This is Annex living at its best-modern, comfortable, private, and perfectly located. Abundant street parking is an added bonus.
Key facts
- Property type
- Semi-Detached, 2 1/2 Storey
- MLS®
- C13866852
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 4 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 18 × 140 ft
- Cross streets
- Dupont/Bathurst
- Parking
- 0 parking
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,806 / 2026
- Days on market
- 12
- Listing brokerage
- RE/MAX HALLMARK BATORI GROUP INC.
Rooms
juliette balcony · 3 pc bath · large window
hardwood floor · picture window · 2 pc bath
3 pc bath · open concept · walk-out
Double Closet
bay window · fireplace · open concept
walk-in closet(s) · 5 pc ensuite · picture window
galley kitchen · w/o to deck
juliette balcony · b/i closet · picture window
Listed at $1,999,999, about 14% above our estimate of $1.75M (homes like it typically land between $1.64M and $1.84M).
Why $1.75M. The typical semi-detached home sold in Annex over the past year went for about $1.73M (59 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $7,806 a year; the typical home sold here pays about $9,300.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises it3+1 bedrooms and 4 baths, against 4+1 and 3 typically.
- ▼ Lowers it slightly0 garage and 0 total parking spaces, against 1 and 1 typically.
Total price vs nearby homes. Fair value about $1.75M, learned from recent GTA sales.
The market behind the math:
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.
It never sees the asking price. The 54 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.72M. 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Schools & getting aroundcatchment and transit
The assigned public school is Palmerston Avenue Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Based on 54 comparable homes that sold in Annex over the past two years, from 111 closings there.
Sold price trend
Median sold price for semi-detached homes in Toronto: $1.12M in September 2026, up 2% from a year ago, on 2,409 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.08M | 252 |
| November 2025 | $1.03M | 207 |
| December 2025 | $967K | 117 |
| January 2026 | $997K | 100 |
| February 2026 | $1.09M | 151 |
| March 2026 | $1.18M | 180 |
| April 2026 | $1.18M | 242 |
| May 2026 | $1.18M | 282 |
| June 2026 | $1.21M | 262 |
| July 2026 | $999K | 237 |
| August 2026 | $970K | 166 |
| September 2026 | $1.12M | 213 |
Neighbourhood & location
Annex, Toronto, ON
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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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $1,599,999 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,847
- Property tax
- $651
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,497
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $36,475
- Toronto municipal land transfer tax
- $36,475
- Estimated closing costs
- $72,950
Plus your down payment of $400,000. 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
- $530,800
- Principal paid down
- $195,490
- Interest paid
- $335,310
- Balance remaining
- $1,404,509
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 29 whole-home leases in Annex signed at a median of $5,566 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,232. 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 RE/MAX HALLMARK BATORI GROUP INC.. MLS®/PropTx.