Condos for Rent in The Annex, Toronto, ON
Loading homes in The Annex…
No listings match these filters in this area.
Try zooming out or widening your filters.
Neighbourhood in Toronto
The Annex
The Annex is a vibrant neighbourhood in Toronto known for its culture and diversity. It offers a mix of residential options and is close to many amenities.
At a glance
Listed 19 days ago
Unit 209, 80 Heath Street
Toronto (The Annex), ON M5R 1B1
Condo ApartmentFor Rent
Listed 20 days ago
Unit 1205, 8 Cumberland Street
Toronto (The Annex), ON M4W 0B6
Condo ApartmentFor Rent
Listed 20 days ago
Unit 2305, 200 Bloor Street W
Toronto (The Annex), ON M5S 0B1
Condo ApartmentFor Rent
Listed 20 days ago
Unit 1705, 80 Cumberland Street
Toronto (The Annex), ON M5R 3N7
Condo ApartmentFor Rent
Day to dayLivability
88
Walkability
out of 100 · averaged over 185 past and present listings
Average walk score reported on listings here
7.4
Schools near listings
out of 10 · averaged over 7,143 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$1,199,000
In The Annex
$1,199,000
In Toronto
$1,488,500
In Ontario
$709,900
Median monthly rent
$3,400/mo
In The Annex
$3,400
In Toronto
$3,100
In Ontario
$2,500
≈ 29.4 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
220
Median $1,199,000
Condos 171 · Houses 49
For rent
158
Median $3,400
Condos 108 · Houses 50
Recently sold
Sign in to see sold data
Recently leased
Sign in to see leased data
Market data as of 2026-10-25. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Rich cultural atmosphere with many cafes and restaurants
- Good access to public transit
- Family-friendly with many schools and parks
- Diverse community with a mix of ages
Keep in mind
- Higher median home prices compared to the city average
- Renter strain is above average
The feel of the placeLifestyle
Daily life in The Annex is lively and community-focused, with plenty of activities and services nearby. Residents enjoy a mix of urban living and green spaces.
Within the boundaryWhat's nearby
The boundary
2.8 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
24
Parks
15
Playgrounds
27
Transit stations
11
Grocery stores
116
Restaurants
46
Cafés
19
Gyms
4
Libraries
11
Pharmacies
Counted across all 2.8 km² of The Annex. From OpenStreetMap, as of 2026-10-19.
The schoolsWhich schools, and how they rate
7.8/10
Average rating of the 3 rated schools in this area
8
Elementary
4
Secondary
Palmerston Avenue Junior Public School
Public · Grades JK–6 · Toronto DSB
8.5/10175th of 3,045 Ontario elementary schools
360 students · EQAO 2024-2025
Jesse Ketchum Junior and Senior Public School
Public · Grades JK–8 · Toronto DSB
7.8/106.4 over 5 yrs433rd of 3,045 Ontario elementary schools
535 students · EQAO 2024-2025
Huron Street Junior Public School
Public · Grades JK–6 · Toronto DSB
7.2/107.0 over 5 yrs751st of 3,045 Ontario elementary schools
300 students · EQAO 2024-2025
Careerquest - Toronto
Independent
Not rated
City High School
Independent
Not rated
Dalton School, the
Independent
Not rated
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside The Annex, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
30,705
Population (2021)
2.8 km²
Area
10,974
People per km²
42.3
Median age
$91,535
Median income
41%
Own their home
1.8
People per household
16,320
Households
Every age
- Children (under 15)8.0%
- Working age (15–64)70.2%
- Seniors (65+)21.9%
What is built here
- Detached houses3.8%
- Semi-detached7.3%
- Townhouses3.5%
- Duplexes2.5%
- Low-rise apartments27.7%
- High-rise apartments54.5%
- Other attached homes0.5%
Own or rent
41%Owners
59%Renters
Across 16,320 households
When it was built
Mostly 1960 or earlier
- 1960 or earlier40%
- 1961–198022%
- 1981–19908%
- 1991–20007%
- 2001–20055%
- 2006–20105%
- 2011–20155%
- 2016–20217%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 31%
- Born outside Canada
- 64.3%
- Hold a degree or higher
- 61.6%
- Employment rate
- 24.7%
- Commute by transit
- 37.7%
- Commute by car
- 1.5
- Children per family
- $77,178
- Median income after tax
- $187,032
- Average household income
- 14.4%
- Living on a low income
- $1,751/mo
- Renters pay, per month
- $1,987/mo
- Owners pay, per month
- $1,684,851
- Median home value at census
- 44.1%
- Renters spending 30%+ of income on housing
- 22.2%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 45 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap
What condos in The Annex actually rent for
1,301 condos were leased in The Annex over the 12 months to September 2026. Half leased above $2,865 and half below, 0.7% higher than the 12 months before. A typical condo found its tenant in 19 days.
- Median rent
- $2,865
- +0.7% year over year
- Days to lease
- 19
- 1 day quicker
- Leases closed
- 1,301
- last 12 months
- Rent per square foot
- $4.54/mo
- from 1,002 sized leases
Three years of rents
The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one condo here differs from the next.
What renters actually paid
$3,000/mo
on a $3,000 asking rent — right at the asking rent
- Of the asking rent
- 100.0%
- Leased over asking
- 11.3%
From 1,301 leases that closed here in the last 12 months.
Rent or buy in The Annex
24.8 years
of rent, at the going rate here, adds up to what a condo here costs.
Median sold price
$854,011
257 sales
Median rent
$2,865/mo
1,301 leases
Gross rental yield
4.03%
before costs
Both figures come from deals that actually closed in The Annex over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.
How fast it moves
Median days on market, month by month. Taller means slower.
Terracotta marks the last 12 months.
Every month behind these charts — The Annex, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 103 | $3,050 | $2,500 – $4,350 | 14 | 100.0% |
| Aug 2026 | 148 | $2,900 | $2,538 – $3,525 | 14 | 100.0% |
| Jul 2026 | 196 | $2,788 | $2,400 – $3,700 | 16 | 100.0% |
| Jun 2026 | 163 | $3,000 | $2,490 – $3,650 | 21 | 100.0% |
| May 2026 | 131 | $2,800 | $2,325 – $3,600 | 19 | 100.0% |
| Apr 2026 | 120 | $2,650 | $2,300 – $3,450 | 18 | 100.0% |
| Mar 2026 | 116 | $2,625 | $2,300 – $3,300 | 22 | 100.0% |
| Feb 2026 | 62 | $3,025 | $2,375 – $3,700 | 26 | 100.0% |
| Jan 2026 | 72 | $2,900 | $2,500 – $3,738 | 23 | 100.0% |
| Dec 2025 | 61 | $2,800 | $2,395 – $3,700 | 18 | 100.0% |
| Nov 2025 | 54 | $2,875 | $2,456 – $4,263 | 25 | 100.0% |
| Oct 2025 | 75 | $3,155 | $2,475 – $3,975 | 15 | 100.0% |
| Sep 2025 | 100 | $3,150 | $2,550 – $4,463 | 19 | 100.0% |
| Aug 2025 | 196 | $2,800 | $2,450 – $3,713 | 16 | 100.0% |
| Jul 2025 | 230 | $2,738 | $2,400 – $3,600 | 18 | 100.0% |
| Jun 2025 | 175 | $2,800 | $2,425 – $3,600 | 19 | 100.0% |
| May 2025 | 156 | $2,850 | $2,350 – $3,763 | 18 | 100.0% |
| Apr 2025 | 155 | $2,900 | $2,500 – $3,500 | 20 | 100.0% |
| Mar 2025 | 106 | $2,750 | $2,350 – $3,438 | 21 | 100.0% |
| Feb 2025 | 63 | $2,650 | $2,325 – $3,210 | 25 | 100.0% |
| Jan 2025 | 64 | $2,775 | $2,450 – $3,319 | 22 | 100.0% |
| Dec 2024 | 56 | $2,688 | $2,399 – $3,200 | 32 | 100.0% |
| Nov 2024 | 76 | $3,100 | $2,700 – $4,325 | 23 | 100.0% |
| Oct 2024 | 61 | $3,150 | $2,600 – $3,800 | 20 | 100.0% |
| Sep 2024 | 76 | $3,250 | $2,619 – $4,250 | 19 | 100.0% |
| Aug 2024 | 195 | $2,900 | $2,500 – $3,600 | 36 | 100.0% |
| Jul 2024 | 156 | $2,850 | $2,450 – $3,500 | 31 | 100.0% |
| Jun 2024 | 119 | $2,650 | $2,400 – $3,613 | 45 | 100.0% |
| May 2024 | 133 | $2,850 | $2,400 – $3,500 | 42 | 100.0% |
| Apr 2024 | 90 | $2,550 | $2,350 – $3,273 | 42 | 100.0% |
| Mar 2024 | 48 | $3,008 | $2,238 – $3,825 | 39 | 100.0% |
| Feb 2024 | 42 | $2,743 | $2,525 – $3,475 | 41 | 100.0% |
| Jan 2024 | 46 | $3,100 | $2,625 – $3,750 | 29 | 100.0% |
| Dec 2023 | 42 | $2,800 | $2,500 – $3,900 | 29 | 100.0% |
| Nov 2023 | 42 | $2,880 | $2,600 – $3,500 | 24 | 100.0% |
| Oct 2023 | 42 | $2,900 | $2,700 – $3,500 | 17 | 100.0% |
What people ask about The Annex
How much does a condo cost in The Annex?
Condos in The Annex sold for a median of $854,011 over the 12 months to September 2026, across 257 closed sales — half sold for more and half for less. That is 11.1% lower than the 12 months before it.
How long does it take to sell a condo in The Annex?
A condo in The Annex took a median of 41 days on the market over the 12 months to September 2026. Condos there closed at 95.4% of the asking price on average, with 7.4% selling over asking.
How much is rent for a condo in The Annex?
The median condo lease in The Annex closed at $2,865 a month over the 12 months to September 2026, across 1,301 leases.
Is it cheaper to rent or buy a condo in The Annex?
A condo in The Annex costs about 24.8 years of the rent on one — the median price of $854,011 against a median rent of $2,865 a month, a gross yield of 4.03%. The shorter that number, the closer buying is to renting before financing costs.
Compiled by HOMEH from leases reported closed in The Annex on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one condo. Not an appraisal or an opinion of value.