Annex homes for sale are typically large detached and semi-detached Victorian houses on tree-lined one-way streets. Most are single-family dwellings although there are houses that have been divided for student rentals as well as fraternities.
Toronto homes for sale in The Annex tend to be large, stone houses; even the semi-detached properties feel like detached homes because of their scale. These are solidly built homes, largely constructed between the 1870’s and early 1900’s. They share a unique look that's eponymous with The Annex thanks to nineteenth century architect E.J. Lennox’s designs which blend various historical styles. Annex houses often feature rounded front archways, decorative turrets and red brick construction.
Many houses have been previously renovated although there are original condition homes remaining. Some of the best buys are the multi-unit student rentals, which can be purchased as investment properties or converted back into single-family homes.
Needless to say, property prices in this elite neighbourhood are not for the faint of heart or wallet. And that’s often for an original condition home that needs a lot of work. However if budget permits, this is one of the best all around neighbourhoods in Toronto for couples and families looking for a showstopper home in a safe neighbourhood close to amenities, without straying too far from Bloor. The South Annex can be slightly easier to break into than the North Annex north of Bloor that has most Torontonians priced out.