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The 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 Aboriginal Languages, Japanese, Dutch, Czech, and Hungarian speakers.
The Annex largely features condos, accounting for 50% of sales, followed by detached houses at 20% and semi-detached houses at 18%. Condo apartments are the most common style and the majority of properties have 2 bedrooms. The average price in The Annex over the past 12 months is $1,743,787, an increase of 23% over the same period last year. The average condo price over the past 12 months is $1,272,292 as compared to the average freehold price of $2,426,460 over the same period.