Agent Scott Hanton says McMurrich Residences in Toronto's Annex neighbourhood is a quiet building in a community 'where everybody recognizes everybody.'Photography provided by Hanton Real Estate Inc.
77 McMurrich St., No. 403, Toronto
Asking price: $795,000 (September, 2025)
Previous asking price: $785,000 (April, 2025)
Selling price: $770,000 (October, 2025)
Previous selling prices: $667,000 (July, 2017); $380,200 (September, 2006); $296,400 (June, 2004); $225,785 (January, 2004)
Taxes: $3,677 (2024)
Property days on market: 92
Listing agent: Scott Hanton, Hanton Real Estate Inc.
The living room has wall-to-wall windows and exits to a balcony.
The action
This one-bedroom plus den unit at McMurrich Residences, near Ramsden Park on Yonge Street went on sale in the spring and had nine visitors over five weeks – but no offers. It was taken off the market for the summer and reintroduced in the fall at a slightly higher price.
“In the summer, the market was noticeably picking up in the downtown condo market,” agent Scott Hanton said.
“We thought, maybe the market was coming back better than we thought. We tried listing it a little higher.”
This time, the 737-square-foot unit had 11 visitors and one formal offer. Negotiations resulted in a deal $25,000 below the asking price.
“Both the fall and the spring offered buyers a ton of choices, but the reality is the choices weren’t that great,” Mr. Hanton said.
“This one was much more homier and spacious than newer condos in the area.”
The 22-year-old unit's kitchen is U-shaped.
What they got
This 22-year-old unit has a bedroom and a living room with wall-to-wall windows and exits to a balcony.
Close to the foyer, there is a den, a U-shaped kitchen and a four-piece bathroom with newer laundry machines.
The unit has a storage locker and one parking spot. Monthly fees of $908 cover water and heating, 24-hour concierge and access to a gym and party room.
The bedroom has a sliding door to the north-facing balcony.
The agent’s take
“It’s a very quiet building and a community where everybody recognizes everybody and says, ‘Hello,’” Mr. Hanton said.
“Although the balcony is facing north, there are no opportunities for any buildings to go in front. You get an unobstructed sunset view every night overlooking Summerhill and Yorkville. It’s a beautiful spot and very quiet.”