The Annex :Toronto’s Neighborhood guide
Nestled just north of downtown, The Annex is one of Toronto’s oldest and most distinguished neighborhoods. Developed in the late 19th and early 20th centuries, it quickly became home to prominent Toronto families, evident in its stunning Victorian and Edwardian architecture. Its close proximity to the University of Toronto has always infused it with an intellectual and bohemian spirit, attracting professors, artists, writers, and students alike. The “Annexed” part of its name refers to its annexation to the city of Toronto in the late 19th century.
Local Vibes:
The Annex exudes a laid-back yet lively atmosphere. Strolling through its tree-lined streets, you’ll feel a sense of history combined with a youthful energy. It’s a neighborhood that values independent businesses, cultural institutions, and green spaces. You’ll find residents enjoying sidewalk patios, browsing independent bookstores, or simply relaxing in one of its charming parks. There’s a strong community feel, yet it’s incredibly welcoming to newcomers.
Parks:
Despite its urban setting, The Annex boasts several beautiful parks, offering residents a green escape.
- Socrates Park: A small, tranquil park perfect for a quiet moment or reading.
- Jean Sibelius Square: A larger park with mature trees, a playground, and open spaces, often hosting community events.
- Vermont Square Park: Features sports facilities, a playground, and plenty of space for picnicking and relaxing.
Walkability Score Series: The Annex Edition
The Annex consistently ranks high on walkability, and for good reason!
Proximity to Transit:
The Annex is a transit rider’s dream. It’s exceptionally well-served by the TTC subway system.
- Spadina Station: A major interchange connecting the Bloor-Danforth (Line 2) and Yonge-University (Line 1) subway lines.
- Dupont Station: On the Yonge-University line (Line 1), providing easy access north and south.
- Bathurst Station: On the Bloor-Danforth line (Line 2), connecting east and west.
TTC Buses:
Numerous bus routes crisscross the neighborhood, including:
- 7 Bathurst
- 127 Davenport
- 510 Spadina Streetcar (connecting directly to Union Station)
This extensive network means you can get almost anywhere in the city quickly and efficiently without a car.
Access to Grocery Stores and Amenities:
You’ll never be far from essentials in The Annex.
- Bloor Street West: The main commercial artery, offering a variety of grocery stores (Metro, Whole Foods, various independent grocers), pharmacies, banks, and specialty shops.
- Kensington Market: A short walk or streetcar ride away, providing an incredible array of fresh produce, butcher shops, and unique international foods.
- Mirvish Village: A newer development offering additional retail and dining options.
Pedestrian-Friendly Streets:
Beyond Bloor Street’s bustling sidewalks, the residential streets of The Annex are a joy to walk. Wide, tree-lined, and generally quiet, they feature beautiful heritage homes and a serene atmosphere, perfect for an evening stroll.
Hidden Gems by Postal Code
The Annex (encompassing postal codes like M5S, M5R, and parts of M5P) is full of delightful surprises!
- M5S (University of Toronto/South Annex):
- Thomas Fisher Rare Book Library: Even if you’re not a UofT student, the stunning architecture and occasional public exhibits make this a must-see.
- Hart House: A majestic Gothic-style building within UofT, offering cultural events and a glimpse into academic grandeur.
- M5R (Central Annex):
- The Annex Food Hall (formerly Honest Weight): A curated selection of local food vendors offering diverse and delicious options.
- Book City: An independent bookstore that’s a true neighborhood treasure, perfect for browsing.
- Lee’s Palace: A historic concert venue that has hosted countless iconic bands – check their schedule for upcoming shows!
- General Annex:
- Future Bakery: While known for their European-style bread, their cafe also serves up incredible desserts and a lively atmosphere.
- The quirky alleyways and hidden gardens: Take a detour off the main streets and discover charming nooks and beautifully maintained private gardens.
Property Value & Rental Trends
The Annex is one of Toronto’s most desirable and, consequently, most expensive neighborhoods. Its prime location, stunning architecture, and vibrant community contribute to high property values.
Median Home Price Estimation:
As of late 2023/early 2024, the median home price in The Annex can vary significantly based on the type of property.
- Detached homes: Can range from $2.5 million to well over $5 million, especially for larger, well-preserved Victorians.
- Semi-detached homes: Typically fall in the $1.8 million to $3 million range.
- Condominiums: Prices can range from $700,000 for a 1-bedroom to over $1.5 million for larger units, particularly in newer developments.
Rental Trends:
The Annex is a highly sought-after rental market, driven by its proximity to the university and downtown.
- One-bedroom apartments: Can typically rent for $2,200 to $2,800+ per month.
- Two-bedroom apartments/condos: Generally range from $3,000 to $4,500+ per month.
- Room rentals/shared accommodations: Popular among students, these can vary widely but often start around $900–1,500 per month depending on size and amenities.
Rental prices are influenced by proximity to transit, building age, and included amenities. Demand is consistently high, so good properties rent quickly.
Schools & College in & around The Annex
- Huron Street Junior Public School (541 Huron St) — JK–Grade 6
- Jesse Ketchum Junior and Senior Public School — JK–Grade 8
- Cottingham Junior Public School — JK–Grade 6
- Palmerston Avenue Junior Public School — public elementary
- Essex Junior and Senior Public School — JK–Grade 8
- King Edward Junior and Senior Public School (PK–8) — includes French Immersion
- Kensington Community School (PK–6) — nearby in Kensington Market
- Downtown Vocal Music Academy of Toronto (Grades 4–8) — specialty arts focus
- Harbord Collegiate Institute (286 Harbord St) — Grades 9–12, TDSB
- Central Technical School (725 Bathurst St) — Grades 9–12, strong vocational programs
- Central Toronto Academy — Grades 9–12, alternative secondary
- Jarvis Collegiate Institute — Grades 9–12
- ÉÉ Gabrielle-Roy — French public elementary (PK–6)
- ÉÉ Pierre-Elliott-Trudeau — French public elementary
- Collège Français Secondaire — French secondary, Grades 7–12
- ÉS Toronto Ouest — French public secondary
TTC Routes Streetcars to Annex
| Nearest Stop | Streetcar Route | Direction from Neighbourhood |
|---|---|---|
| Spadina Station (Spadina Ave & Bloor) | 510 Spadina | East edge |
| Bathurst Station (Bathurst St & Bloor) | 511 Bathurst | West edge |
| Refer to TTC |
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