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South Annex, Toronto is a central Toronto neighbourhood known for a high number of cyclists, people who walk to work, arts / culture / recreation / sports and social science / education / government / religion workers, and renters. It is a diverse neighbourhood notable for a high number of Japanese, Portuguese, Korean, Czech, and Italian speakers.
South Annex largely features semi-detached houses, accounting for 37% of sales, followed by condos at 19% and detached houses at 16%. 2 1/2-storey houses are the most common style and the majority of properties have 3 bedrooms. The average price in South Annex over the past 12 months is $1,287,535, an increase of 7% over the same period last year. The average freehold price over the past 12 months is $1,578,673 as compared to the average condo price of $645,051 over the same period.