Annex Property Management

Toronto is home to an assortment of trendy and multifarious neighbourhoods, but nothing quite compares to what Annex has to offer. The amalgamation of young university students, professors, and professional individuals lives harmoniously in this picturesque area littered with eateries, coffee shops, tattoo parlors, and independently owned retail shops.

For those who can afford it, Annex has become a popular residential area for students who attend the local University of Toronto campus, or thriving professionals who are still young at heart, looking to keep the pace of the city, while enjoying the more tranquil aspects of suburban life.

With so many cultural and historic influences, Annex has gradually become the hub for students and professors alike, especially those who enjoy a swanky social life. There simply is no other place quite like Annex, as its history is plastered, literally all over its buildings, streets, and local parks.

One will surely find something interesting in the area that will captivate your senses.

Information on Annex Neighbourhood

Back in the 1870s, parts of Annex were subdivided, making up smaller residential areas. Today, these have all been merged, now home to dozens of houses and buildings that are true to Victorian and Richardsonian Romanesque architectural styles.

Influences from abroad, especially the United Kingdom and Europe created a charm that is now home to the University of Toronto, the athletic center, and the Jewish Community Centre. Apart from this, there are also ample book stores, art galleries, The Royal Conservatory, and the popular Royal Ontario Museum. Property investment in this area has become increasingly attractive due to its rich cultural heritage and vibrant community.

An impressive collection of attractions is all tied together with beautiful plum-colored trees scattered in the streets. It’s one of the many reasons why more than 15,000 residents from all walks of life call this little neighbourhood their home throughout the year.

This area is anything but ordinary, nor sleepy. So for families, or young parents thinking that Annex might be the perfect suburb to raise a family isn’t quite the right choice. There are of course plentiful other places to choose from, but ultimately you’ll notice that Annex truly caters to the young and energetic crowd of Toronto.

The area shares borders with other prominent neighbourhoods such as Harbord Village, Tarragon Village, Rathnelly, and of course the famed University of Toronto in the south.

Walk Score

Dubbed as the fifth most walkable neighbourhood in Toronto, Annex has a walk score of 92. It’s pretty straightforward that a neighbourhood bordering a large public university would have ample roads and pathways specifically created for pedestrian traffic.

Public Transportation

As of 2021, public transportation in the area has been updated, now serving bus lines 13, 7, 94, and 127. Subway stations include Bathurst, Spadina, and St George stations, helping residents to easily connect with either line 1 or 2 of the subways. The closest commuter highway is Don Valley Parkway, east of Annex.

Bike Score

The area has a high-ranking bike score of 91, allowing for a more bikeable community looking to easily get around, visit shops, run off to class and run daily errands with ease.

School District Ratings

Provisions for schools are somewhat limited, but average district scores are just over 6.8. The most well-known public school is Huron Street Junior Public School. Additional commuting will be needed for those looking to attend other schools or high schools.

Average Rent and Sale Prices

Some of the latest figures indicate that Annex has seen a 17% increase in new houses being sold in recent months, with the average selling price being just short of CAD 1.9 million.

A further look at the rental market revealed that the average bachelor loft will cost around CAD 800+, while a three-bedroom apartment can set you back between CAD 2,000 and CAD 2,400. Rental for a one-bedroom apartment is the most popular, with a low cost of CAD 1,225 per month.

If you’re looking to purchase a new home, you can expect to pay anything between CAD 900,000 to more than CAD 2.1 million for a detached, three-bedroom dwelling.

Data indicates that rental is comparatively lower than in surrounding neighbourhoods.

Investing in Annex

Looking to invest, as late as 2016, the average price per sq foot hovered close to CAD 719. Investing here is tricky, as commercial and retail spaces are hard to come by, with so many of them serving the large young student population of the area.

Investors would need to consider student accommodation opportunities if they’d like to become part of the bustling enclave that is Annex.

In the real estate market, property demand fluctuates seasonally, but overall we’ve noticed that Buttonwood has become a trusted partner and property management agent for residents and newcomers in the Annex area.

About Annex Property Management

Expert Property Manager

At Buttonwood Property Management, we pride ourselves on having a team of expert property managers who have extensive knowledge and experience in managing rental properties in the Annex area. Our property managers are dedicated to providing the best possible service to our clients, ensuring that their properties are well-maintained and generating maximum returns. With a deep understanding of the local market, our team is equipped to handle all aspects of property management, from routine maintenance to complex tenant issues, making sure your investment is in safe hands.

Personalized Service

We understand that every property owner is unique, and that’s why we offer personalized attention to each of our clients. Our property managers work closely with property owners to understand their specific needs and goals, tailoring our services to meet their individual requirements. Whether you’re a seasoned investor or a first-time landlord, we’re committed to providing you with the highest level of service. Our approach ensures that you receive customized solutions that align with your investment strategy, giving you peace of mind and optimal results.

Local Market Expertise

As a local property management company, we have in-depth knowledge of the Annex real estate market. Our team is constantly monitoring market trends, ensuring that our clients receive the most up-to-date advice and guidance on managing their properties. From rent collection to tenant screening, we’re experts in all aspects of property management. This local expertise allows us to maximize your property’s potential, ensuring competitive rental rates and high occupancy levels, while also providing valuable insights into market dynamics.

Property Management Services

Property Marketing

At Buttonwood Property Management, we understand the importance of effective property marketing in attracting high-quality tenants. We also work closely with local real estate agents and property managers to ensure that your property is exposed to the widest possible audience. Our goal is to find the perfect tenant for your property, ensuring that you receive the maximum possible rent and minimizing vacancies. By leveraging our marketing expertise, we help you achieve the best possible return on your investment.