For SaleCondo Apt · ApartmentMLS® #C14158190 · TRREB MLS®
506-38 Avenue Rd, Toronto, Ontario
Annex, Toronto, Ontario M5R 2G2
- Bedrooms
- 2
- Bathrooms
- 2
- Type
- Condo Apt
- Basement
- None
$1,690,000
Estimated market value
About 506-38 Avenue Rd
506-38 Avenue Rd is a 2-bedroom, 2-bathroom condo in Annex, Toronto, listed for sale at an asking price of $1,690,000 (MLS® C14158190).
The Prestigious Prince Arthur, An Iconic Address In The Heart Of Yorkville. This Beautifully Appointed South-Facing Residence Offers 1,210 Sq Ft Of Elegant Living Space, Featuring A Spacious Two-Bedroom, Two-Bathroom Layout With Generously Proportioned Principal Rooms. Bathed In Natural Sunlight, The Suite Showcases A Bright And Inviting Living And Dining Area, Perfect For Both Everyday Living And Entertaining. The Well-Designed Kitchen Offers Ample Storage And Functionality, While The Spacious Primary Retreat Provides A Private Sanctuary. Enjoy Refined Condo Living In One Of Yorkville's Most Sought-After Buildings, Renowned For Its Exceptional Service, 24-Hour Concierge And Valet, State-Of-The-Art Fitness Centre, Elegant Party Rooms And Outstanding Amenities. Steps To Toronto's Finest Shopping, Dining, Whole Foods, The ROM And University Of Toronto. Experience The Best Of Luxury Living At The Prince Arthur.
Insights
Condition Score
Fair4 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$6,196/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 58 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.
Key facts
- Tax
- $4,281 / 2026
- MLS® number
- C14158190
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 1200-1399 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Listing history
Buy/sell history for 506-38 Avenue Rd, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,690,000 | N/A | For Sale | C14158190 |
Members see the full history. Prices are hidden from signed-out visitors.
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 Domin Kurian for a full comparative market analysis.
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Annex
- Municipality
- Toronto
Building
- Size
- 1200-1399 sqft
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc, 1 × 3pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- Yes
- Den
- No
- Family room
- No
- Extras
- Fridge, Dishwasher, Stove, Microwave, WasherDryer, All Light Fixtures and Window Coverings.
- Condo maint.
- $1,903
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.66 × 8.23 m | hardwood floor, Wainscoting, Electric Fireplace | Ground |
| Dining | 3.66 × 8.23 m | hardwood floor, Wainscoting, Crown Moulding | Ground |
| Kitchen | 2.44 × 2.44 m | Slate Flooring, Breakfast Bar, Granite Counter | Ground |
| Primary | 3.35 × 4.88 m | W/I Closet, Closet Organizers, 4 Pc Ensuite | Ground |
| 2nd Br | 3.12 × 5.26 m | hardwood floor, French Doors, Wainscoting | Ground |
| Foyer | 1.31 × 3.08 m | Marble Floor, Double Closet, Wainscoting | Ground |
Map and tour
Condos for sale in Annex right now
- For sale now
- 168
- Median asking price
- $989K
- New in 7 days
- 23
- Price cuts
- 15%
Middle half: $661K to $1.8M
60 in 28 days
25 listings
This home is asking 71% above the median.
See all homes in AnnexAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Signals around this home
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 away208 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 away208 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 away210 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 away210 BLOOR ST WCondominiumUnder Review
*** Draft Plan of Condominium for 42 units.
200 m away210 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
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.
Land transfer tax on this home
- Ontario land transfer tax
- $30,275
- Toronto municipal land transfer tax
- $30,275
- Total land transfer tax
- $60,550
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $52,075
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 $1,690,000
- $25,800
- Ontario total
- $30,275
Toronto’s municipal tax uses the same brackets at this price, so it adds another $30,275.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
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.
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.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Jesse Ketchum Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 | 400 m | 89%Grade 6 average |
| Huron Street Junior Public SchoolToronto DSB | Public · grades JK–6 | 600 m | 74%Grade 6 average |
| Our Lady of Lourdes Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1.7 km | 66%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 2.4 km | 96%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Joseph's College SchoolToronto CDSB | Catholic · grades 9–12 | 850 m | 66%Grade 9 math |
| Central Technical SchoolToronto DSB | Public · grades 9–12 | 1.3 km | 34%Grade 9 math |
| Loretto College SchoolToronto CDSB | Catholic · grades 9–12 | 1.4 km | 40%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 1.7 km | 86%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.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| St George Station | TTC subway: Line 1 Yonge-University, Line 2 Bloor-Danforth | 300 m |
| Bay Station | TTC subway: Line 2 Bloor-Danforth | 450 m |
| Museum Station | TTC subway: Line 1 Yonge-University | 450 m |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 3 km |
| Eglinton Station | TTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton | 3.9 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.
Zoning
Zone
CR 6.0 (c0.5; r6.0) SS2 (x2535)By-law
569-2013Municipality
Toronto1 6.0
Density: total floor area is capped at 6.0 times the lot area.
2 c0.5
Commercial floor area is capped at 0.5 times the lot area.
3 r6.0
Residential floor area is capped at 6.0 times the lot area.
4 x2535
Site-specific exception 2535: this site has rules of its own, written in the by-law.
5 SS2
Standards set 2: the setback, height and coverage rules the by-law applies to this zone.
6 Where this is written
Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(2535)
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.
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.
Mortgage Calculator
Plan with the current asking price
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
- $338,000
- Total mortgage amount
- $1,352,000
- Total interest payment
- $961,300
- Total purchase cost
- $2,651,300
- Mortgage payment
- $7,711/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
84%Monthly carrying cost
$9,971- Rent $3,775
- Shortfall $6,196
Rental income opens at $3,775, the median asking rent of 58 comparable homes for lease in Annex. Type over it with the rent you expect. This is a planning tool, not advice.
Market area · filters apply to the charts below
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Sold prices in Annex are shown to signed-in members.