The Annex is a historic, tree-lined neighbourhood near the University of Toronto, popular with students, academics, and young professionals.
| Unit type | Estimated range / mo |
|---|---|
| Bachelor / Studio | $1,800 to $2,200 |
| 1 Bedroom | $2,400 to $2,900 |
| 2 Bedroom | $3,050 to $3,750 |
| 3 Bedroom | $3,850 to $4,700 |
Source: CMHC Rental Market Survey (October 2024) and community submissions. Updated March 2026.
What is the average rent for a 1-bedroom in Annex?
Based on CMHC data and local renter submissions, the estimated fair range for a 1-bedroom in Annex is $2,400 to $2,900 per month. This is 10% above the Toronto average.
Is rent controlled in Annex?
Units first occupied before November 15, 2018 are subject to Ontario rent control. The 2026 guideline is 2.1%. Newer units are not rent controlled between tenancies.
How do I check if my Annex rent is fair?
Use the Toronto Rent Calculator at https://torontofairrent.ca. Enter your neighbourhood, unit type, and monthly rent. You will receive a Fair Rent Canada Score from 1 to 10 showing how your rent compares to the local market.
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