Buying in The Annex
The Annex real estate: avg $1,180,000 in Feb 2026. Victorian homes, Koreatown, U of T area. Full market stats and neighbourhood guide.
Avg. Price
$1,180,000
-5.5% YoY
Median Price
$1,020,000
Sales / Month
65
Feb 2026
Days on Market
32
Buyer's Market
The Vibe
The Annex is Toronto's intellectual bohemia, a neighbourhood of Victorian homes, indie bookshops, and university energy. Koreatown brings neon-lit late-night dining to Bloor Street, while quiet residential blocks just north offer century homes with deep lots. The cycling culture is strong, the transit is excellent, and the academic influence gives the area a cosmopolitan, progressive feel.
Who Lives Here
- Population
- 31,200
- Growth
- +3.5% (2016-2021)
- Median Income
- $92,000
- Ownership Rate
- 45.5%
- Avg. Household Size
- 2
- Median Age
- 36
Community
Source: Census 2021, Statistics Canada
Who It's Good For
The types of buyers who tend to thrive in The Annex.
Students & Academics
Steps from the University of Toronto, with affordable rentals, bookshops, and a scholarly atmosphere.
Foodies
Koreatown, indie cafes, and some of Toronto's most creative restaurants are concentrated here.
Cyclists
Excellent cycling infrastructure, flat terrain, and bike-friendly culture make the Annex ideal for two-wheeled commuters.
Price Breakdown by Home Type
Average selling prices in The Annex based on TRREB MLS data for February 2026.
| Home Type | Average Price | YoY Change |
|---|---|---|
| Detached | $2,100,000 | -4.2% |
| Semi-Detached | $1,550,000 | -5.0% |
| Townhouse | $1,100,000 | -5.8% |
| Condo Apartment | $620,000 | -7.5% |
Source: Toronto Regional Real Estate Board (TRREB), Market Watch February 2026. Year-over-year change compared to February 2025.
Market Health
Key indicators showing whether The Annex currently favours buyers or sellers.
SNLR
33.3%
Buyer's Market
Below 40% = buyer's market
Months of Inventory
5.1
Balanced supply levels
Avg. SP/LP
98%
Near asking price — firm market
Days on Market
26
LDOM
32
PDOM
Listing vs. property days on market
Neighbourhoods in The Annex
The Annex encompasses several distinct communities, each with its own character and housing stock.
The Annex Core
Grand Victorian homes between Bloor and Dupont, many converted to multi-unit or retained as single-family.
Seaton Village
Smaller-scale residential area west of Bathurst with a strong community identity and heritage homes.
Koreatown
The bustling commercial strip along Bloor west of Bathurst, packed with Korean restaurants and shops.
South Annex
The blocks closest to Bloor and U of T, with a mix of student rentals and owner-occupied homes.
Also known as
Annex · Seaton Village · Koreatown · Bathurst-Bloor · U of T area
Getting Around
Transit, walkability, and commute information for The Annex.
The Annex is centrally located on TTC Line 2 with Bathurst and Spadina stations, plus the 510 Spadina streetcar connecting to the waterfront.
Major Transit Lines
Commute to Downtown Toronto: 10-15 min by subway to Union Station
93
Walk Score
98
Transit Score
92
Bike Score
Local Scene
What's on your doorstep when you buy in The Annex.
Food & Dining
Byblos
Eastern Mediterranean fine dining that anchors the Annex scene
Bloor Street Diner
Classic 24-hour diner on Bloor near Bathurst
Korea House
Authentic Korean BBQ in the heart of Koreatown
Future Bistro
Beloved bohemian cafe with oversized portions and eclectic vibe
Bar Raval
Stunning Gaudi-inspired pintxo bar on College Street
Fat Pasha
Middle Eastern cuisine with creative twists on Dupont
Attractions & Amenities
University of Toronto
Historic campus with stunning architecture and public spaces
Koreatown
Vibrant strip of Korean restaurants, karaoke, and shops along Bloor
Honest Ed's Alley
Laneway art installations and Mirvish Village redevelopment
Bata Shoe Museum
Unique museum showcasing footwear history in a striking building
BMO Field & Varsity Stadium
Major sports venues adjacent to the Annex
Christie Pits Park
Large community park with pool, baseball diamonds, and off-leash area
Schools
School options available for families buying in The Annex.
8
Public Schools
3
Catholic Schools
2
French Immersion
5
Private Schools
Frequently Asked Questions
Common questions from buyers considering The Annex.
As of February 2026, the average is $1,180,000. Detached Victorians average $2.1M, while condos near Bloor are around $620K.
Nearby Areas
Explore other areas close to The Annex.
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