Metrohomes

Old Toronto · Toronto Neighbourhood Guide

Annex

A middle-income, mixed owner-and-renter pocket of Old Toronto.

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Who Lives HereRentsTransitGrowth Zones

29,300

Population

39.6

Median Age

$85,000

Median Household Income

1.8

Avg. Household Size

41% OwnHome ownership in Annex59% Rent

Renting in Annex

$2,163

Average Rent / Month

2.8%

Rental Vacancy Rate

+13%

vs. GTA Average ($1,917)

Source: CMHC Rental Market Survey, October 2025 (Toronto (Central) zone). Adapted from CMHC data; this does not constitute CMHC endorsement.

About Annex

Annex is a balanced mix of owners and renters — close to 41% own and 59% rent. Median household income, around $85,000, tracks close to the Toronto figure. It's a mixed-age community, with a steady, settled feel.

Renting here commands a premium over the GTA average of $1,917 — a sign of sustained demand. For investors and owners eyeing a high-demand, transit-rich pocket, the relevant questions are about multiplex potential and purpose-built rental — the build-and-hold strategies we evaluate with construction-informed due diligence.

We've been building in Old Toronto since 1988. In Annex, that means honest answers about what's feasible, what it costs, and what adds real value — before you commit.

Free Neighbourhood Report

Transit, walkability & what’s being built in Annex

Run the free report for a specific Annex address — TTC access, walk score, growth zones, and active development nearby, in seconds.

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What could you build in Annex?

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Common Questions About Annex

Thinking about Annex? Let’s talk.

We take on 7–10 projects at a time. Each one gets our full attention.