The Annex is one of central Toronto's most walkable, transit-rich neighbourhoods, and 2 bedroom condos here are the most versatile floor plans in most buildings. Searching for 2 bedroom condos for sale in the Annex? Browse the live listings below, and read on for how buying a condo in this area actually works.
Location and transit
Transit here is exceptional: the neighbourhood is served by both subway lines, with Spadina and St. George stations linking Line 1 (Yonge–University) and Line 2 (Bloor–Danforth), plus Bathurst and Dupont stations nearby, and the 510 Spadina and 511 Bathurst streetcars running its edges. St. George is a major interchange between the two lines.
Beyond transit, the area puts you near the University of Toronto, Casa Loma, the Bloor Street shops and restaurants, Mirvish Village and the Royal Ontario Museum nearby, which is part of why condos here hold steady demand.
Closing costs and land transfer tax
Plan for costs beyond the down payment. Toronto buyers pay both the Ontario land transfer tax and a municipal land transfer tax on closing, which together are usually the largest closing cost — and first-time buyers may qualify for rebates that offset part of them. Add legal fees, title insurance, the status-certificate fee and adjustments. Because the totals depend on price and your status, ask your lawyer for an estimate early so there is no scramble for cash at the finish line.
2 Bedroom condos in the Annex
Condo supply is concentrated along the main arterials — Bloor Street, Spadina Road, Dupont Street and Avenue Road — in mid-rise and high-rise buildings, rather than the protected low-rise residential interior, with newer development clustered around the Bloor corridor and the redeveloped Mirvish Village site.
Two-bedroom suites are the most versatile category and tend to hold the broadest resale appeal — they work for couples wanting a guest room or office, two people sharing, downsizers who still want space, and small families. Floor plans vary widely, from two true bedrooms to a two-bedroom-plus-den, and split layouts that put the bedrooms on opposite sides of the unit are prized for privacy. Because the buyer pool is so wide, a well-laid-out two-bedroom in a well-run Annex building is one of the safer condo purchases in the area.
Financing a condo here
Get pre-approved before you shop so you know your real budget. There is a minimum down payment to buy in Canada, and putting down less than twenty percent means your mortgage must be insured against default, which adds a premium; twenty percent or more avoids it. With a condo, lenders also weigh the maintenance fee when deciding how much you qualify for, since it counts against the income available for your mortgage — so factor the fee in from the start.
About the Annex
It is one of the city's oldest and best-known residential districts, defined by tree-lined streets of large Victorian and Edwardian houses and a long-standing mix of university students, academics, writers and professionals. The Annex sits just west of downtown Toronto, bounded roughly by Bloor Street to the south, Bathurst Street to the west, Dupont Street to the north and Avenue Road to the east, wrapped around the western edge of the University of Toronto's St. George campus. Everyday life is highly walkable, with groceries, cafés, independent shops, bookstores and the Bloor Street dining strip all within a short stroll and two subway lines for everything beyond.
Buying a 2 bedroom condo in the Annex
Start with a mortgage pre-approval so you can move quickly, then judge each 2 bedroom suite on its all-in monthly cost — mortgage, maintenance fee and property tax — rather than the asking price alone. When you find one that fits, make the offer conditional on your lawyer reviewing the status certificate, and confirm what parking, locker and fees come with the unit. Use the live map and filters below to narrow the Annex listings to your budget and must-haves, and reach out when a unit is worth seeing in person.
The live map below plots every active 2 bedroom condo for sale in the Annex — set your filters, save the searches that fit, and reach out when a unit is worth a closer look.