Toronto Submarket Hub

The Annex Rental Comps & Market Trends

Access granular residential building comps, verified lease benchmarks, and real-time inventory for 44 tracked properties across The Annex, Toronto.

Postal Codes Covered:M5R, M5S, M6G

Active Rental Inventory

Listed and Tracked by FastScreen as of August 2026

Current publicly listed rental units and asking prices across The Annex

Active Listings
14units
Across 44 buildings
Average Asking Rent
$3,324/mo
+1.2% Asking Trend
Average Unit Size
723SF
Asking layout average
Average Asking / SF
$4.64/SF
Current asking rate
Average Days on Market
39days
Active listing age

Closed Leases

Transactions that closed in August 2026 across The Annex

Units Leased
8closed
Executed transactions
Average Leased Rent
$3,291/mo
+2.7% MoM Delta
Average Leased SF
731SF
Executed size average
Average Leased / SF
$4.65/SF
Realized per-foot rate
Average Days on Market
11days
Days to execute lease

The Annex Rental Rates by Unit Layout

Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in August 2026.

Studio / Bachelor
$2,238/mo
$4.87/SF · 460 SF
+$354 vs Toronto
1-Bedroom
$2,415/mo
$5.00/SF · 501 SF
+$144 vs Toronto
1-Bedroom + Den
$2,929/mo
$4.58/SF · 640 SF
+$464 vs Toronto
2-Bedroom
$3,583/mo
$4.53/SF · 808 SF
+$536 vs Toronto
2-Bedroom + Den
$3,949/mo
$4.20/SF · 940 SF
+$625 vs Toronto
3-Bedroom+
$4,937/mo
$4.18/SF · 1180 SF
+$782 vs Toronto

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.

ANX Condos

322 Dupont Street

$3,538
avg leased
Leased $/SF: $4.87/SF
Days on Market: 10d
Closed Leases: 4
Active Supply: 5 units
118 Total SuitesBuilding Comps
$3,050
avg leased
Leased $/SF: $4.69/SF
Days on Market: 14d
Closed Leases: 2
Active Supply: 4 units
233 Total SuitesBuilding Comps
Bianca

280 Howland Ave

$2,480
avg leased
Leased $/SF: $4.13/SF
Days on Market: 3d
Closed Leases: 1
Active Supply: 3 units
216 Total SuitesBuilding Comps
Pears on the Avenue

170 Avenue Rd

$3,600
avg leased
Leased $/SF: $4.24/SF
Days on Market: 17d
Closed Leases: 1
Active Supply: 1 units
175 Total SuitesBuilding Comps
Mosaic

736 Spadina Ave

$2,395
avg leased
Leased $/SF: $4.35/SF
Days on Market: 78d
Closed Leases: 1
Active Supply: 0 units
217 Total SuitesBuilding Comps
The 664 Spadina

664 Spadina Avenue

$6,980
avg leased
Leased $/SF: $5.37/SF
Days on Market: 60d
Closed Leases: 1
Active Supply: 0 units
113 Total SuitesBuilding Comps
AYC - Towns

165-175 Pears Ave/270 Davenport Rd

$3,700
avg leased
Leased $/SF: $3.64/SF
Days on Market: 56d
Closed Leases: 1
Active Supply: 0 units
45 Total SuitesBuilding Comps
28 Madison Avenue

28 Madison Avenue

$2,400
avg leased
Leased $/SF: $3.20/SF
Days on Market: 73d
Closed Leases: 1
Active Supply: 0 units
6 Total SuitesBuilding Comps
$2,780
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
43 Total SuitesBuilding Comps
Sussex Square

666 Spadina Avenue

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
334 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
264 Total SuitesBuilding Comps
Exhibit

200 Bloor St W

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
206 Total SuitesBuilding Comps
The Dunhill Club

95 Prince Arthur Ave

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
206 Total SuitesBuilding Comps
B.Streets Condos

783 Bathurst St

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
195 Total SuitesBuilding Comps
The Prince Arthur

38 Avenue Rd

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
150 Total SuitesBuilding Comps
276 George

276 St George Street

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
149 Total SuitesBuilding Comps
The Summit

280 St George Street

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
149 Total SuitesBuilding Comps
The Vincennes

35 Walmer Road

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
147 Total SuitesBuilding Comps
720 Spadina Co-Ownership

720 Spadina Avenue

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
123 Total SuitesBuilding Comps
88 Bernard Avenue

88 Bernard Avenue

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
82 Total SuitesBuilding Comps
Brazil Towers

485 Huron Street

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
76 Total SuitesBuilding Comps
Saint George Mews

284 Bloor St W

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
74 Total SuitesBuilding Comps
190 George

190 St George St

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
67 Total SuitesBuilding Comps
55 Prince Arthur

55 Prince Arthur Ave

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
66 Total SuitesBuilding Comps
161 Saint George

161 St George Street

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
63 Total SuitesBuilding Comps
Farewell Apartments

11 Walmer Road

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
63 Total SuitesBuilding Comps
177 George

177 St George Street

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
56 Total SuitesBuilding Comps
The Loretto

385 Brunswick Ave

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
49 Total SuitesBuilding Comps
Gibson Place

212 St George St

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
41 Total SuitesBuilding Comps
409 Huron Street

409 Huron Street

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
40 Total SuitesBuilding Comps
66 Avenue Road

4 Lowther Ave

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
40 Total SuitesBuilding Comps
142 Pears Avenue

142 Pears Ave

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
32 Total SuitesBuilding Comps
346 Davenport

346 Davenport Rd

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
30 Total SuitesBuilding Comps
Museum House

206 Bloor St W

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
27 Total SuitesBuilding Comps
10 Prince Arthur

10 Prince Arthur Ave

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
25 Total SuitesBuilding Comps
Residences of Designer's Walk

330 - 338 Davenport Rd

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
24 Total SuitesBuilding Comps
Schoolhouse

391 Brunswick Ave

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
19 Total SuitesBuilding Comps
The Creed Building

295 Davenport Rd

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
19 Total SuitesBuilding Comps
277 Davenport

277 Davenport Rd

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
9 Total SuitesBuilding Comps
Brunswick Lofts

225 Brunswick Ave

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
7 Total SuitesBuilding Comps
44 Walmer

44 Walmer Road

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
Condo ResidenceBuilding Comps
47 Madison Avenue

47 Madison Avenue

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
Condo ResidenceBuilding Comps
605 Bloor

605 Bloor Street

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
Condo ResidenceBuilding Comps
Spadina Residences

70 Spadina Road

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
Condo ResidenceBuilding Comps
Calculation Methodology & Metrics Context (August 2026)
Average Leased Rent:

Derived from verified closed lease contracts finalized during August 2026 across multi-residential buildings in The Annex.

Leased $/SF & Density:

Realized monthly lease price divided by interior living square footage (excluding external terraces and parking valuations).

Closed Leases & Fallbacks:

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.

Days on Market & Supply:

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

The Annex is one of Toronto's most storied and architecturally distinctive residential neighbourhoods. Bordering the University of Toronto St. George campus, this community blends grand 19th-century Victorian and Edwardian residences with contemporary mid-rise condo developments along Bloor Street West and Dupont Street. The demographic includes professors, medical staff, graduate researchers, and corporate executives.

Direct transit access via three subway stations on TTC Line 2 (Spadina, Dupont, and Bathurst), with Spadina providing direct Line 1 interchange access. The neighbourhood boasts top bike lane infrastructure along Bloor and Harbord, plus quiet tree-lined residential side streets.

A unique combination of historic brick conversions, boutique low-rises, and mid-century rental stock interspersed with contemporary luxury boutique condo projects. Suites often feature larger floor plans with mature leafy streetscape views.

Submarket Pricing Density & Municipal Benchmark Spread

The realized average lease rate in The Annex is currently $3,291/month ($4.65/SF), with an average leasing velocity of 11 Days on Market. Compared to the overall Toronto municipal benchmark ($2,770/month), The Annex trades at a 19% price premium, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from Mosaic ($2,395/mo) to The 664 Spadina ($6,980/mo).

Currently across The Annex's 44 tracked multi-family properties, there are 14 active rental listings with an average asking rent of $3,324/month ($4.64/SF). For closed transactions executed in August 2026, realized lease agreements averaged $3,291/month, representing real-world contract values negotiated between property owners and prospective tenants.

For Renters

The Annex offers a quieter, neighbourhood-centric feel compared to the Downtown Core while maintaining equal transit access. Tenancies tend to be longer (2+ years), reducing annual turnover frequency. With an average of 11 days on market, prepare pre-verified credit reports, proof of employment, and deposit drafts prior to viewings. Check building construction completion dates to confirm Ontario rent control guideline applicability.

For Landlords

Tenant retention is among the highest in central Toronto. Maintaining well-appointed interior fixtures and modern appliances ensures high renewal rates and near-zero vacancy periods. At an average rent of $3,291/mo, each day of vacancy costs $110/day. Pricing your listing accurately to 30-day verified comps eliminates costly extended marketing periods and protects your annual net operating income.

For Realtors

Emphasize proximity to University of Toronto faculties, organic markets along Bloor, and quiet residential surroundings when marketing boutique condominium suites. Utilize granular building-level $/SF comps across The Annex's 44 properties when preparing client CMAs. Highlight transit walking times, parking inclusions, and balcony square footage to command premium tenant interest.

Frequently Asked Questions

The Annex Rental Market & Leasing FAQs

Essential insights for tenants, property owners, and real estate professionals navigating The Annex, Toronto

Based on lease transactions tracked by FastScreen in August 2026 across 44 tracked condominium and apartment buildings in The Annex, realized rents by unit layout average:

  • Studio / Bachelor:$2,238/mo($4.87/SF · 460 SF)
    +$354 vs Toronto avg
  • 1-Bedroom:$2,415/mo($5.00/SF · 501 SF)
    +$144 vs Toronto avg
  • 1-Bedroom + Den:$2,929/mo($4.58/SF · 640 SF)
    +$464 vs Toronto avg
  • 2-Bedroom:$3,583/mo($4.53/SF · 808 SF)
    +$536 vs Toronto avg
  • 2-Bedroom + Den:$3,949/mo($4.20/SF · 940 SF)
    +$625 vs Toronto avg
  • 3-Bedroom+:$4,937/mo($4.18/SF · 1180 SF)
    +$782 vs Toronto avg

Overall market leasing across all unit layouts averaged $3,291/month ($4.65/SF) with an average of 11 Days on Market. Active rental listings currently average $3,324/month ($4.64/SF) for an average unit size of 723 SF.

Explore Other Toronto Submarkets

Compare neighbourhood comps and rental rates for leased units across Toronto against The Annex

View Toronto Hub
Downtown West
125 buildings · $3,016/mo
-$275/mo (-8.4%)Lower
North Midtown
122 buildings · $2,642/mo
-$649/mo (-19.7%)Lower
South Midtown
95 buildings · $3,546/mo
+$255/mo (+7.7%)Higher
Downtown Core
87 buildings · $2,929/mo
-$362/mo (-11.0%)Lower
Toronto East
84 buildings · $2,540/mo
-$751/mo (-22.8%)Lower
Downtown East
72 buildings · $2,435/mo
-$856/mo (-26.0%)Lower
Toronto West
68 buildings · $2,790/mo
-$501/mo (-15.2%)Lower
Cabbagetown
67 buildings · $2,755/mo
-$536/mo (-16.3%)Lower
Bloor-Yorkville
61 buildings · $3,625/mo
+$334/mo (+10.1%)Higher
St. Lawrence
58 buildings · $2,722/mo
-$569/mo (-17.3%)Lower
Entertainment District
50 buildings · $2,807/mo
-$484/mo (-14.7%)Lower
CityPlace / Fort York
46 buildings · $2,822/mo
-$469/mo (-14.3%)Lower
Harbourfront
37 buildings · $3,039/mo
-$252/mo (-7.7%)Lower
High Park
37 buildings · $2,673/mo
-$618/mo (-18.8%)Lower
East York
33 buildings · $2,248/mo
-$1,043/mo (-31.7%)Lower
Scarborough North
27 buildings · $2,575/mo
-$716/mo (-21.8%)Lower
Junction
26 buildings · $2,393/mo
-$898/mo (-27.3%)Lower
East Bayfront
25 buildings · $3,199/mo
-$92/mo (-2.8%)Lower
Liberty Village
24 buildings · $2,750/mo
-$541/mo (-16.4%)Lower
Don Valley North
20 buildings · $2,756/mo
-$535/mo (-16.3%)Lower
Dovercourt
19 buildings · $2,485/mo
-$806/mo (-24.5%)Lower
Parkdale
19 buildings · $2,917/mo
-$374/mo (-11.4%)Lower
Yorkdale
19 buildings · $2,410/mo
-$881/mo (-26.8%)Lower
Downsview
19 buildings · $1,788/mo
-$1,503/mo (-45.7%)Lower
Oakwood
17 buildings · $1,874/mo
-$1,417/mo (-43.1%)Lower
Don Mills
17 buildings · $2,375/mo
-$916/mo (-27.8%)Lower
Etobicoke North
14 buildings · $2,302/mo
-$989/mo (-30.1%)Lower
Etobicoke Centre
13 buildings · $2,593/mo
-$698/mo (-21.2%)Lower
Scarborough South
12 buildings · $2,997/mo
-$294/mo (-8.9%)Lower
Scarborough East
12 buildings · $2,650/mo
-$641/mo (-19.5%)Lower
Scarborough West
12 buildings · $2,250/mo
-$1,041/mo (-31.6%)Lower
Etobicoke South
11 buildings · $2,499/mo
-$792/mo (-24.1%)Lower
Willowdale
10 buildings · $2,700/mo
-$591/mo (-18.0%)Lower
North York City Centre
7 buildings · $2,639/mo
-$652/mo (-19.8%)Lower
Etobicoke Kingsway
6 buildings · $2,300/mo
-$991/mo (-30.1%)Lower
Weston
5 buildings · $2,578/mo
-$713/mo (-21.7%)Lower
Scarborough City Centre
3 buildings · $2,245/mo
-$1,046/mo (-31.8%)Lower
Mimico
3 buildings · $2,661/mo
-$630/mo (-19.1%)Lower
North York West
3 buildings · $2,000/mo
-$1,291/mo (-39.2%)Lower
York Mills
2 buildings · $1,825/mo
-$1,466/mo (-44.5%)Lower
Halton Hills
1 building · $2,770/mo
-$521/mo (-15.8%)Lower