108-15 Mcmurrich Street, Toronto, ON

Annex, Toronto · MLS® C14032506

$1,149,900
For Sale
Listed 5 days agoNo offer date stated
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2+1Bedrooms
3Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • House-Like Living in the Heart of Yorkville.
  • This exceptional two-storey ground-level residence at 15 McMurrich St has been completely revamped and tastefully renovated with top of the line materials.
  • Steps to Yonge & Bay streets, easy access to subway, premium shopping, highly rated restaurants, cafes and amenities of Yorkville.
  • Includes: 1 parking spot- equipped with EV charger & 1 storage locker.
  • Building features a party room & kitchen, gym, saunas, terrace, laundry room with 2 new commercial machines (for oversized items etc), visitor parking, 24hr concierge.

Rarely Offered! House-Like Living in the Heart of Yorkville. This exceptional two-storey ground-level residence at 15 McMurrich St has been completely revamped and tastefully renovated with top of the line materials. It offers the best of both worlds- spacious, sophisticated interiors with the ease and convenience of living in one of Toronto's most desirable neighbourhood pockets. Two south facing balconies both overlooking the garden-courtyard. Steps to Yonge & Bay streets, easy access to subway, premium shopping, highly rated restaurants, cafes and amenities of Yorkville. Short stroll to parks & trails, art galleries, library and more! The unique position- being the end unit on the main floor- allows for easy direct access via the side door to the Courtyard and onto Davenport. No waiting on elevators! Includes: 1 parking spot- equipped with EV charger & 1 storage locker. Great community feel. Building corridors & party room have been updated and more reno projects in the works. Building features a party room & kitchen, gym, saunas, terrace, laundry room with 2 new commercial machines (for oversized items etc), visitor parking, 24hr concierge. A distinctive urban home offering space, style, light and prime location- an exceptional opportunity for those seeking a home that is unique, well designed and practical.

Key facts

Property type
Condo Apartment, 2-Storey
MLS®
C14032506
Bedrooms
2+1 (3 total)
Bathrooms
3 (1 half)
Size
1200-1399 sq ft
Cross streets
Yonge St & Davenport Rd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Brick
Maintenance
$1,756/mo
Exposure
South
Property tax
$4,527 / 2026
Days on market
5
Listing brokerage
HOMELIFE/BAYVIEW REALTY INC.

Rooms

Living RoomMain2.80 × 2.90 m

open concept · bay window

Dining RoomMain3.70 × 3.00 m

Open Concept

Bedroom 2Second6.42 × 2.85 m

double closet · window floor to ceiling · pot lights

KitchenMain4.32 × 3.14 m

stainless steel appl · centre island · quartz counter

DenMain3.20 × 3.35 m

W/O To Balcony

Primary BedroomSecond5.38 × 3.30 m

4 pc ensuite · walk-in closet(s) · w/o to balcony

Our TakeTeam Asgarian · Broker
A discount is typical here
$1.10Mlikely sale price

Listed at $1,149,900. 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 $1.10M, if it sells. A realistic range is $1.03M to $1.19M.

Independent value check: $924K. Without looking at the asking price, our model values the home itself about 20% below the ask (homes like it typically land between $860K and $971K).

Why $924K. The typical condo sold in Annex over the past year went for about $853K (250 sales). What sets this one apart:

  • ▲ Raises it stronglyIt is 1,200 to 1,399 sq ft; the typical home sold here is 800 to 899.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $4,527 a year; the typical home sold here pays about $4,900.
  • ▼ Lowers it slightlyIts maintenance fee is $1,756 a month; the typical unit sold here pays about $980.
List price
$1.03MBelow recent closings$1.19MAbove recent closings

Total price vs nearby homes. Likely closing about $1.10M, 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
5days on market so far
$5,112/moest. rent · 93 leases
5.3%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.1 months of inventory: 81 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 $885/sqft against an area asking average of $1,314/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 $826K. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • 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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($885/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Annex, so I widened the search to the surrounding area.

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
$1.04Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $877/sqft; this home lists at $885/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.15MThis home989k840k1.29MThis 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
Msgr Fraser College (Isabella Campus) · Catholic secondary1.1 km
Huron Street Junior Public School · Public elementary1.1 km · 74% at standard
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
Our Lady of Perpetual Help Catholic School · Catholic elementary1.6 km · 88% at standard
Brown Junior Public School · Public elementary1.6 km · 86% at standard

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

Affordability & Mortgage

Affordability
$5,241/mo
$247KIncome needed
4.6×Price ÷ income
$1,209Weekly cost
$38,946Land 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.

71%mortgage
Mortgage $5,241Property tax $377Condo fee $1,756Total carry $7,374

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)
$5,086per month

Mortgage amount $919,920 · 4.49% over 25 years

$229,980Down payment (20.0%)
$919,920Loan before insurance
$0CMHC premium
$7,220Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,086
Property tax
$377
Condo / maintenance fees
$1,756
Heating
$0
Estimated monthly cost
$7,220

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

One-time closing costs

Ontario land transfer tax
$19,473
Toronto municipal land transfer tax
$19,473
Estimated closing costs
$38,946

Plus your down payment of $229,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,156/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

$605,999Total interest paid
$1,525,919Total of all payments
Principal $919,920 Interest $605,999
YearPrincipalInterestBalance
1$20,529$40,508$899,391
2$21,461$39,576$877,931
3$22,435$38,602$855,495
4$23,454$37,583$832,041
5$24,519$36,518$807,523
6$25,632$35,405$781,891
7$26,796$34,241$755,095
8$28,012$33,024$727,083
9$29,284$31,752$697,798
10$30,614$30,423$667,184
11$32,004$29,033$635,180
12$33,457$27,580$601,723
13$34,976$26,061$566,747
14$36,564$24,473$530,183
15$38,224$22,812$491,959
16$39,960$21,077$451,999
17$41,774$19,263$410,225
18$43,671$17,366$366,554
19$45,654$15,383$320,900
20$47,727$13,310$273,174
21$49,894$11,143$223,280
22$52,159$8,878$171,121
23$54,527$6,510$116,594
24$57,003$4,034$59,591
25$59,591$1,446$0

At the end of your 5-year term

Total paid over the term
$305,184
Principal paid down
$112,397
Interest paid
$192,786
Balance remaining
$807,523

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 93 whole-home leases in Annex$5,112/mo
$61,344Gross annual rent
2.5%Cap rate after taxes and upkeep
$4,747 to $5,720Typical 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 93 whole-home leases in Annex signed at a median of $4,375 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,112. 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.

5.3%
Gross yield
− Property tax $4,527− Condo fees $21,076− Insurance $600− Vacancy & upkeep $6,748Net operating income $28,393

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/BAYVIEW REALTY INC.. MLS®/PropTx.

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