The Annex Apartments for Rent & Condo Comps
Access granular residential building comps, verified lease benchmarks, and real-time inventory for 44 tracked properties across The Annex, Toronto.
The Annex Rental Market Overview
As of late summer 2026, the Annex submarket in Toronto—anchored by postal forward sortation area M5R—operates as a high-speed rental enclave characterized by rapid leasing velocity and strong executive demand. Through the trailing 30-day period ending August 31, 2026, the submarket recorded an average realized rent of $3,373 based on 10 closed leases over the trailing 30 days, alongside 15 active listings currently on the market. Properties in the area spend an average of 13 days on the market—leasing 9 days faster than the broader Toronto municipal benchmark of 22 days.
Market performance in the Annex significantly outpaces the broader Toronto municipal average, where realized rents sit at $2,766 across 2,604 closed leases. The Annex commands a substantial rent premium of $607 per month—representing a 21.95% increase over city-wide averages—while maintaining a robust inventory footprint across 44 tracked residential buildings. Two-bedroom configurations drive the highest transaction volumes across the submarket, capturing the bulk of closed lease activity during the current tracking cycle.
Active Rental Inventory
Listed and Tracked by FastScreen as of September 2026Current publicly listed rental units and asking prices across The Annex
Closed Leases
Transactions that closed in September 2026 across The Annex
The Annex Rental Rates by Unit Layout
Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in September 2026.
The Annex Tracked Buildings & Lease Comps
Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in The Annex, Toronto.
| Action | |||||
|---|---|---|---|---|---|
ANX Condos 322 Dupont Street | $3,506/mo | $4.60/SF | 8leases | 2units | Comps |
Bianca 280 Howland Ave | $2,956/mo | $4.15/SF | 5leases | 0units | Comps |
AYC Annex Yorkville Connection 181 Bedford Rd | $3,150/mo | $4.85/SF | 1lease | 4units | Comps |
Pears on the Avenue 170 Avenue Rd | $2,450/mo | $4.45/SF | 1lease | 0units | Comps |
AYC - Towns 165-175 Pears Ave/270 Davenport Rd | $3,700/mo | $3.64/SF | 1lease | 0units | Comps |
The Perry - Annex Living 128 Pears Ave | $2,780/mo | $5.05/SF | 1lease | 0units | Comps |
Exhibit 200 Bloor St W | $2,925(ask) | $4.57 (ask) | 0leases | 2units | Comps |
The 664 Spadina 664 Spadina Avenue | $3,120(ask) | $5.03 (ask) | 0leases | 2units | Comps |
The Dunhill Club 95 Prince Arthur Ave | $2,700(ask) | $3.18 (ask) | 0leases | 1unit | Comps |
B.Streets Condos 783 Bathurst St | $2,000(ask) | $5.00 (ask) | 0leases | 1unit | Comps |
47 Madison Avenue 47 Madison Avenue | $4,800(ask) | $3.69 (ask) | 0leases | 1unit | Comps |
Spadina Residences 70 Spadina Road | $2,270(ask) | $4.13 (ask) | 0leases | 1unit | Comps |
Sussex Square 666 Spadina Avenue | — | — | 0leases | 0units | Comps |
One Bedford at Bloor 1 Bedford Rd | — | — | 0leases | 0units | Comps |
Mosaic 736 Spadina Ave | — | — | 0leases | 0units | Comps |
The Prince Arthur 38 Avenue Rd | — | — | 0leases | 0units | Comps |
276 George 276 St George Street | — | — | 0leases | 0units | Comps |
The Summit 280 St George Street | — | — | 0leases | 0units | Comps |
The Vincennes 35 Walmer Road | — | — | 0leases | 0units | Comps |
720 Spadina Co-Ownership 720 Spadina Avenue | — | — | 0leases | 0units | Comps |
88 Bernard Avenue 88 Bernard Avenue | — | — | 0leases | 0units | Comps |
Brazil Towers 485 Huron Street | — | — | 0leases | 0units | Comps |
Saint George Mews 284 Bloor St W | — | — | 0leases | 0units | Comps |
190 George 190 St George St | — | — | 0leases | 0units | Comps |
55 Prince Arthur 55 Prince Arthur Ave | — | — | 0leases | 0units | Comps |
161 Saint George 161 St George Street | — | — | 0leases | 0units | Comps |
Farewell Apartments 11 Walmer Road | — | — | 0leases | 0units | Comps |
177 George 177 St George Street | — | — | 0leases | 0units | Comps |
The Loretto 385 Brunswick Ave | — | — | 0leases | 0units | Comps |
Gibson Place 212 St George St | — | — | 0leases | 0units | Comps |
409 Huron Street 409 Huron Street | — | — | 0leases | 0units | Comps |
66 Avenue Road 4 Lowther Ave | — | — | 0leases | 0units | Comps |
142 Pears Avenue 142 Pears Ave | — | — | 0leases | 0units | Comps |
346 Davenport 346 Davenport Rd | — | — | 0leases | 0units | Comps |
Museum House 206 Bloor St W | — | — | 0leases | 0units | Comps |
10 Prince Arthur 10 Prince Arthur Ave | — | — | 0leases | 0units | Comps |
Residences of Designer's Walk 330 - 338 Davenport Rd | — | — | 0leases | 0units | Comps |
Schoolhouse 391 Brunswick Ave | — | — | 0leases | 0units | Comps |
The Creed Building 295 Davenport Rd | — | — | 0leases | 0units | Comps |
277 Davenport 277 Davenport Rd | — | — | 0leases | 0units | Comps |
Brunswick Lofts 225 Brunswick Ave | — | — | 0leases | 0units | Comps |
28 Madison Avenue 28 Madison Avenue | — | — | 0leases | 0units | Comps |
44 Walmer 44 Walmer Road | — | — | 0leases | 0units | Comps |
605 Bloor 605 Bloor Street | — | — | 0leases | 0units | Comps |
322 Dupont Street
280 Howland Ave
181 Bedford Rd
170 Avenue Rd
165-175 Pears Ave/270 Davenport Rd
128 Pears Ave
200 Bloor St W
664 Spadina Avenue
95 Prince Arthur Ave
783 Bathurst St
47 Madison Avenue
70 Spadina Road
666 Spadina Avenue
1 Bedford Rd
736 Spadina Ave
38 Avenue Rd
276 St George Street
280 St George Street
35 Walmer Road
720 Spadina Avenue
88 Bernard Avenue
485 Huron Street
284 Bloor St W
190 St George St
55 Prince Arthur Ave
161 St George Street
11 Walmer Road
177 St George Street
385 Brunswick Ave
212 St George St
409 Huron Street
4 Lowther Ave
142 Pears Ave
346 Davenport Rd
206 Bloor St W
10 Prince Arthur Ave
330 - 338 Davenport Rd
391 Brunswick Ave
295 Davenport Rd
277 Davenport Rd
225 Brunswick Ave
28 Madison Avenue
44 Walmer Road
605 Bloor Street
Derived from verified closed lease contracts finalized during September 2026 across multi-residential buildings in The Annex.
Realized monthly lease price divided by interior living square footage (excluding external terraces and parking valuations).
Total executed lease agreements. In boutique buildings with fewer than 2 monthly leases, comps automatically expand to a 90-day rolling window to preserve statistical validity.
The duration from public MLS listing publication to final binding agreement. Active supply reflects current vacant or upcoming units available for rent.
The Annex Rental Market Dynamics & Local Yield Trends
Historic Heritage Character Blended with Academic & Transit Prestige
As of late summer 2026, the Annex submarket in Toronto—anchored by postal forward sortation area M5R—operates as a high-speed rental enclave characterized by rapid leasing velocity and strong executive demand. Through the trailing 30-day period ending August 31, 2026, the submarket recorded an average realized rent of $3,373 based on 10 closed leases over the trailing 30 days, alongside 15 active listings currently on the market. Properties in the area spend an average of 13 days on the market—leasing 9 days faster than the broader Toronto municipal benchmark of 22 days.
Market performance in the Annex significantly outpaces the broader Toronto municipal average, where realized rents sit at $2,766 across 2,604 closed leases. The Annex commands a substantial rent premium of $607 per month—representing a 21.95% increase over city-wide averages—while maintaining a robust inventory footprint across 44 tracked residential buildings. Two-bedroom configurations drive the highest transaction volumes across the submarket, capturing the bulk of closed lease activity during the current tracking cycle.
Submarket Pricing Density & Municipal Benchmark Spread
The realized average lease rate in The Annex is currently $2,793/month ($4.79/SF), with an average leasing velocity of 21 Days on Market. Compared to the overall Toronto municipal benchmark ($2,871/month), The Annex trades at a 3% discount, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from Pears on the Avenue ($2,450/mo) to AYC - Towns ($3,700/mo).
Month Over Month Trends
Month-over-month metrics show a notable upward shift in realized lease pricing across the Annex. Average realized rents rose by $205 per month—a 6.47% increase—moving from $3,168 across 14 closed leases in the prior 30-day window to $3,373 across 10 closed leases in the latest 30-day window. This short-term pricing adjustment is driven by a higher concentration of multi-bedroom transactions executed during the current period, reflecting seasonal demand shifts and premium lease closings in core Annex towers.
Longer Term Trends & Rental Dispersion
Mid-term and historical baselines highlight stable long-term pricing structures across the Annex. Over the trailing 90 days, 43 closed leases averaged $3,142 per month, while the 180-day and historical baseline establishes an average realized rent of $2,998 per month across 86 total historical leases. Price dispersion across the submarket spans from a minimum realized rent of $1,975 to a maximum of $6,980, establishing a median rent of $2,925.
Analyzing market spread, the middle 50% of Annex rental transactions—defined by the interquartile range—spans from a 25th percentile rent of $2,400 to a 75th percentile rent of $3,438, producing an interquartile range dollar spread of $1,038. This dispersion illustrates a clear pricing tier between entry-level 1-bedroom suites and premium multi-bedroom executive properties.
Currently across The Annex's 44 tracked multi-family properties, there are 14 active rental listings with an average asking rent of $3,122/month ($4.56/SF). For closed transactions executed in September 2026, realized lease agreements averaged $2,793/month, representing real-world contract values negotiated between property owners and prospective tenants.
For Renters
Renters targeting the Annex should prepare for a highly competitive leasing environment where properties spend an average of 13 days on the market—leasing 9 days faster than the broader Toronto municipal benchmark of 22 days. Prospective tenants should aim for the middle 50% benchmark range, where realized monthly rents span between $2,400 (25th percentile) and $3,438 (75th percentile). Upgrading living space involves clear financial steps: moving from a 1-bedroom suite to a 1-bedroom plus den adds an average of $453 per month (a 19.72% increase) for 104 additional square feet, while stepping up to a 2-bedroom layout increases costs by $1,108 per month (a 48.24% jump) for an additional 254 square feet. Transitioning from a 2-bedroom to a 3-bedroom layout adds an average of $1,603 per month (a 47.08% increase) for 348 extra square feet. Renters should verify parking arrangements prior to applying, as unbundled parking structures can add substantial monthly premiums depending on the building.
For Landlords
Landlords and condo investors operating in the Annex benefit from rapid absorption timelines and strong tenant demand, though pricing discipline remains critical. Active listings across the submarket average $3,120 per month against closed leases averaging $3,373, reflecting an asking-to-realized spread of -$253 per month where well-priced properties frequently lease at or above initial asking targets. With properties spend an average of 13 days on the market—leasing 9 days faster than the broader Toronto municipal benchmark of 22 days, owners should align asking rates with recent closed lease benchmarks in their specific building to capture high-velocity tenant interest. Overpricing outside the middle 50% interquartile threshold risks extending vacancy periods beyond the submarket norm.
For Realtors
Real estate professionals representing clients in the Annex must navigate a fast-moving, high-demand rental pocket backed by 44 tracked developments in the M5R postal area. With an absorption rate of 40.0% and an average days-on-market figure of 13 days, agents should advise tenant clients to have documentation and deposits prepared immediately upon viewing. For landlord clients, managing list-to-lease spreads requires analyzing verified unbundled parking comps and recent closed transactions across comparable bedroom tiers to capture maximum market value without stalling liquidity.
The Annex Rental Market & Leasing FAQs
Essential insights for tenants, property owners, and real estate professionals navigating The Annex, Toronto
What is the average rent for a condominium or apartment in The Annex, Toronto?
The Annex's average realized rent of $3,373 based on 10 closed leases over the trailing 30 days, alongside 15 active listings currently on the market. The middle 50% of the market spans from $2,400 (25th percentile) to $3,438 (75th percentile) with a median rent of $2,925, representing a 21.95% premium over the broader Toronto municipal average of $2,766.
How much is a 1-bedroom apartment in The Annex?
The average rent for a 1-bedroom apartment in the Annex, Toronto is $2,297 per month ($4.44 per square foot) based on 180-day data spanning 32 closed leases, while recent 30-day data shows 2 closed leases averaging $2,415 per month ($5.00 per square foot). Most 1-bedroom units lease between $2,100 (25th percentile) and $2,412 (75th percentile) per month, with an average size of 531 square feet.
How much is a 2-bedroom apartment in The Annex?
The average rent for a 2-bedroom apartment in the Annex, Toronto is $3,405 per month ($4.37 per square foot) based on 180-day data across 39 closed leases, while recent 30-day data shows 8 closed leases averaging $3,613 per month ($4.41 per square foot). Most 2-bedroom units lease between $3,000 (25th percentile) and $3,600 (75th percentile) per month, representing an average rent step-up of $1,108 and an additional 254 square feet compared to 1-bedroom layouts.
How much is a 3-bedroom apartment in The Annex?
Three-bedroom apartment rentals in the Annex represent a scarce inventory segment with zero closed transactions recorded in the current tracking period.
What are the most affordable and premium condo and apartment buildings in The Annex?
Within the Annex, The 664 Spadina commands the highest average lease rate at approximately $5,263 per month, while B.Streets Condos offers an accessible entry point with tracked private transactions starting around $2,050 per month.
How does rent in The Annex compare to the overall Toronto average?
The Annex rents average $3,373 per month, which is higher than the overall Toronto average of $2,766 per month (a spread of $607 or 21.95%). Properties in the Annex spend an average of 13 days on the market—leasing 9 days faster than the broader Toronto municipal benchmark of 22 days.
What are the postal code FSAs for The Annex?
Condo and apartment rentals in the Annex primarily fall within postal forward sortation areas (FSAs) such as M5R.
How fast do rental units lease in The Annex (Days on Market)?
Rental listings in the Annex spend an average of 13 days on the market—leasing 9 days faster than the broader Toronto municipal benchmark of 22 days.
How should landlords price their rental listings in The Annex to avoid vacancy loss?
With active listings averaging $3,120 against closed leases at $3,373—an asking-to-realized spread of -$253 per month—landlords should price in line with recent closed lease benchmarks rather than aspirational asking rates to maintain strong leasing velocity below the submarket average.
How much more will a unit with a parking spot in The Annex rent for versus a unit without one?
Reserved parking in the Annex adds an estimated $342 to $614 per month across 1-bedroom and 2-bedroom rental rates, respectively, based on verified unbundled lease comps.
Are parking spaces, lockers, and utilities included in The Annex rents?
Standard lease agreements in Ontario require renters to set up separate accounts for suite hydro and heating/cooling power. Water service and common amenity upkeep are almost universally included in the owner's monthly maintenance fees.
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