128 Pears Avenue, Toronto, ON

$1,355,000
MLS#:C11933361
2 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Annex. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $1,355,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Storage
  • equipped with central air central cooling and highly efficient heat pump heating via gas

Description

Discover an unparalleled residence in a prestigious boutique building that redefines luxury living. This expansive 2-bedroom, 2-bathroom home offers a sophisticated retreat, perfectly situated just in the heart of Toronto's most desirable neighborhoods bordering Summerhill, Yorkville and the Annex. The essence of The Perry lies in its luxurious design-driven details. Everything has been meticulously reviewed and carefully selected for each of the spacious, contemporary suites in the development. The open-concept layout is bathed in natural light, accentuated by soaring ceilings that enhance the sense of grandeur. The sleek Italian Poliform kitchen, featuring premium Gaggenau appliances, is a culinary masterpiece designed for entertaining. Step outside to your private balcony, complete with a gas line for effortless outdoor grilling, all while enjoying city views. Unlike typical condo units, this residence boasts generously sized bedrooms, ensuring comfort and tranquility. Residents enjoy exclusive access to exceptional amenities, including a 24-hour concierge, a fully equipped gym, party room/lounge with pool table opens to large outdoor terrace, private dining room with caterer's kitchen, an entertainment lounge, guest suites, and a tranquil garden oasis. Nestled in an upscale, walkable neighborhood in the heart of the city, this home is surrounded by fine dining, high-end shopping, and a dog park conveniently located across the street. Indulge in a lifestyle of elegance and convenience in this award-winning building that truly stands apart. **EXTRAS** Exceptional quality awaits you at this exclusive boutique residence. Luxury amenities include 24-hour concierge, gym, piano lounge, outdoor serenity terrace, party room, and so much more.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 21, 2025
Sold price information is available to members only
Listed Date1/21/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$7,782.35

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Public Transit, Rec./Commun.Centre, School, Library

Interior Features

Storage

Security Features

Concierge/Security

Community Features

Location

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128 Pears Avenue, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 128 Pears Avenue 507, Toronto C02, ON M5R 0A9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$271,000 (20.0%)
* Minimum Canadian down payment required for this price is $271,000.
Amortization Period25 Years
Estimated Monthly Payment$6,460Based on a loan of $1,084,000 over 25 years.
Purchase Price$1,355,000
Loan Amount$1,084,000
Provincial Land Transfer Tax:$23,575
Toronto Municipal Land Transfer Tax:$23,575
Total Estimated Closing Taxes:$47,150

About Purchasing a Home in Toronto, ON

For a property listed at $1,355,000 in Toronto, the legal minimum down payment is $271,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $23,575 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $23,575 also applies, bringing the total estimated land transfer taxes to $47,150.

Nearby Listings

Distance:

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Annex, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,932,882

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Huron Street
Public541 Huron Street, Toronto, Ontario, M5R 2R6
5.8
Jesse Ketchum
Public61 Davenport Road, Toronto, Ontario, M5R 1H4
7.3
Cottingham
PublicCottingham Street, Toronto, Ontario, M4V 1E3
10.0
St Joseph
Public74 Wellesley Street West, Toronto, Ontario, M5S 1C4
4.9
Queen Victoria
PublicQueen's Park Crescent East, Toronto, Ontario, M7A 1A2
4.9

Secondary Schools

St. Joseph’s
Catholic74 Wellesley Street West, Toronto, Ontario, M5S 1C4
7.2
Central
Public725 Bathurst Street, Toronto, Ontario, M5S 2R5
4.2
Harbord
Public286 Harbord Street, Toronto, Ontario, M6G 1G5
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.