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MLS® C13801326For SaleCondominium

305-38 Avenue Rd

Annex, Toronto, Ontario M5R 2G2

1 / 38
305-38 Avenue Rd, Toronto, photo 1
Asking$1,699,000
Bedrooms
2
Bathrooms
3
Size
1,200–1,399sq ft
Per sq ft
$1,307at the range’s middle
Tax a year
$9,3922026 tax year
Parking
11 underground
Days on market
Members

The brief

About 305-38 Avenue Rd

305-38 Avenue Rd is a 2-bedroom, 3-bathroom condo in Annex, Toronto, listed for sale at an asking price of $1,699,000 (MLS® C13801326).

Luxury living in Yorkville@ the prestigious Prince Arthur! Corner Suite with 2 spacious bedrooms both with ensuite bathrooms+ powder room! Open concept living & dining perfect for entertaining! One of best buildings@ fantastic location. Numerous Services And Amenities, Including Outstanding Concierge Service, Valet Parking And Terrace On The 10th Floor. Steps to world class shops, museums, art galleries, coffee shops, restaurants, U of T & public transit. Great Opportunity to Enjoy this Sophisticated & Effortless Living in one of the best buildings in the heart of Yorkville!

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$6,846/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 60 condos with 2 bedrooms for lease in Annex right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$9,392 / 2026
MLS® number
C13801326
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
1200-1399 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: FOREST HILL REAL ESTATE INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Annex
Municipality
Toronto

Building

Size
1200-1399 sqft
Construction
Brick

Inside

Bedrooms
2
Bathrooms
3
Bathroom Details
1 × 4pc Flat, 1 × 3pc Flat, 1 × 2pc Flat
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Heat Pump

Additional

Foundation
Concrete
Fireplace
No
Den
No
Family room
No
Extras
Stainless Steel (Miele B/I Dishwasher, GE Profile Stove), Subzero Fridge, Washer & Dryer, All Existing Window Coverings, All Existing Light Fixtures.
Condo maint.
$2,111

Rooms

RoomSizeFeaturesLevel
Living5.49 × 5.97 mhardwood floor, Combined W/Dining, Juliette BalconyFlat
Dining5.49 × 5.97 mhardwood floor, Combined W/Living, Open ConceptFlat
Kitchen2.96 × 5.03 mhardwood floor, Breakfast Area, WindowFlat
Primary3.66 × 4.15 mhardwood floor, 4 Pc Ensuite, W/I ClosetFlat
2nd Br2.83 × 3.84 mhardwood floor, 3 Pc Ensuite, ClosetFlat

Listing history

Buy/sell history for 305-38 Avenue Rd, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,699,000N/AFor SaleC13801326

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $339,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$339,800
Total mortgage amount
$1,359,200
Total interest payment
$966,400
Total purchase cost
$2,665,400
Mortgage payment
$7,752/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

91%

Monthly carrying cost

$10,646
−$6,846per month
  • Rent $3,800
  • Shortfall $6,846

Rental income opens at $3,800, the median asking rent of 60 comparable homes for lease in Annex. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$30,455
Toronto municipal land transfer tax
$30,455
Total land transfer tax
$60,910
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$52,435
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $1,699,000
$25,980
Ontario total
$30,455

Toronto’s municipal tax uses the same brackets at this price, so it adds another $30,455.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

18 records · 10 on fileRead 2026-11-04
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 3 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasMapped parcel: about 45,510 sq ft201 building permits issued within 250 m in the last 2 years7 open development applications within 250 mNearest airport: 4.0 kmNearest rail line: 850 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Toronto Hydro-Electric System LimitedWired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m103 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 3 m below ground nearbyThe middle water level in the well records within 500 m (284 records). It changes with the season and from spot to spot.500 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity5

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • 201 building permits issued within 250 m in the last 2 years250 m
  • 7 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
  • Nearest airport: 4.0 km4 km
  • Mapped parcel: about 45,510 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address

Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels

Around the home2

  • Nearest rail line: 850 m850 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is The Governing Council of the University of Toronto — St George Campus, 1.1 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, Dotto One, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • Not in the mapped ravine protection area

What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Zoning

Zone

CR 6.0 (c0.5; r6.0) SS2 (x2535)

By-law

569-2013

Municipality

Toronto
Commercial Residential zone (CR)
  1. 1 6.0

    Density: total floor area is capped at 6.0 times the lot area.

  2. 2 c0.5

    Commercial floor area is capped at 0.5 times the lot area.

  3. 3 r6.0

    Residential floor area is capped at 6.0 times the lot area.

  4. 4 x2535

    Site-specific exception 2535: this site has rules of its own, written in the by-law.

  5. 5 SS2

    Standards set 2: the setback, height and coverage rules the by-law applies to this zone.

  6. 6 Where this is written

    Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(2535)

  7. 7 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Permit history

39 building permits cleared at this address in the City’s file.

  • Interior AlterationsUnder Review

    Proposed interior alterations to convert existing retail store to an office with laboratory component.

    Applied October 5, 2026

  • Building Permit Related(PS)Issuance Pending

    Plumbing - Proposed interior alterations to convert existing retail store to an office with laboratory component.

    Applied October 5, 2026

  • Building Permit Related(MS)Issuance Pending

    HVAC - Proposed interior alterations to convert existing retail store to an office with laboratory component.

    Applied October 5, 2026

  • Building Permit Related(PS)Permit Issued

    Plumbing - Proposed interior alterations to existing residential condominium unit including structural changes to shear wall, non structural changes to partition wall, bathroom and kitchen modifications and finish upgrades.

    Issued September 1, 2026

  • Interior AlterationsPermit Issued

    Proposed interior alterations to existing residential condominium unit including structural changes to shear wall, non structural changes to partition wall, bathroom and kitchen modifications and finish upgrades.

    Issued September 1, 2026

  • Building Permit Related(MS)Permit Issued

    HVAC - Proposed interior alterations to existing residential condominium unit including structural changes to shear wall, non structural changes to partition wall, bathroom and kitchen modifications and finish upgrades.

    Issued September 1, 2026

  • Garage Repair/ReconstructionInspection

    Proposal for alterations to parking garage (waterproofing and concrete repairs).

    Issued February 20, 2026

  • Other(PS)Closed

    Proposal for plumbing alterations, rough-in & connect.

    Issued October 15, 2025

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications within 800 m of this home.

  • 200 CUMBERLAND STCondominiumUnder Review

    Amendment to Approved Condo Plan. Condo Exemption process


    90 m away

  • 208 BLOOR ST WSite planOMB Appeal

    May 2026 Update: The site plan applications at 208 Bloor and 210 Bloor have been combined to enable the redevelopment of the site as a 36-storey Private Student Residence (112.58 metres, including the mechanical penthouse).208 Bloor is subject to By-law 778-2024.210 Bloor is subject to By-law 782-2022 (OLT)Variance applications are currently being processed.


    200 m away

  • 208 BLOOR ST WOfficial plan or zoning amendmentUnder Review

    Proposed redevelopment of the lands with a 36-storey Private Student Residence (112.58 metres in height, including the mechanical penthouse) with 426 dwelling units.27,742 square metres of residential GFA and 220 square metres of non-residential GFA are proposed.4 visitor parking spaces (including 1 accessible space) and 235 bike parking spaces are proposed.


    200 m away

  • 210 BLOOR ST WSite planUnder Review

    INACTIVE Proposal for a 29-storey mixed-use building with 42 dwelling units and 100 square metres of ground floor retail space.


    200 m away

  • 210 BLOOR ST WOfficial plan or zoning amendmentUnder Review

    Proposed redevelopment of the lands with a 36-storey Private Student Residence (112.58 metres in height, including the mechanical penthouse) with 426 dwelling units.27,742 square metres of residential GFA and 220 square metres of non-residential GFA are proposed.4 visitor parking spaces (including 1 accessible space) and 235 bike parking spaces are proposed.


    200 m away

  • 210 BLOOR ST WCondominiumUnder Review

    *** Draft Plan of Condominium for 42 units.


    200 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

The market

Condos for sale in Annex right now

For sale now
167
Median asking price
$989K

Middle half: $658K to $1.8M

New in 7 days
21

61 in 28 days

Price cuts
13%

22 listings

This home is asking 72% above the median.

See all homes in Annex

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
St George StationTTC subway: Line 1 Yonge-University, Line 2 Bloor-Danforth300 m
Bay StationTTC subway: Line 2 Bloor-Danforth450 m
Museum StationTTC subway: Line 1 Yonge-University450 m
Union StationTTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train3 km
Eglinton StationTTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton3.9 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Jesse Ketchum Junior and Senior Public SchoolToronto DSBPublic · grades JK–8400 m89%Grade 6 average
Huron Street Junior Public SchoolToronto DSBPublic · grades JK–6600 m74%Grade 6 average
Our Lady of Lourdes Catholic SchoolToronto CDSBCatholic · grades JK–81.7 km66%Grade 6 average
École élémentaire Gabrielle-RoyConseil scolaire ViamondeFrench-language public · grades JK–62.4 km96%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
St Joseph's College SchoolToronto CDSBCatholic · grades 9–12850 m66%Grade 9 math
Central Technical SchoolToronto DSBPublic · grades 9–121.3 km34%Grade 9 math
Loretto College SchoolToronto CDSBCatholic · grades 9–121.4 km40%Grade 9 math
Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–121.7 km86%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Annex are shown to signed-in members.

Email Yossi Kaplan, MBA, Salesperson