38 Ave Rd Rd

38 Ave Rd is a six-storey mid-rise apartment condominium in Toronto's Annex neighbourhood, registered in 1999. The building comprises residential units managed by Royal Grande Property Management. Monthly condo fees average approximately $1,697, or roughly $1.54 per square foot, covering water and building insurance. Parking is typically owned rather than rented. The location offers excellent walkability with 86 nearby restaurants, 46 cafes, and seven grocery stores within 800 metres, plus convenient access to Cumberland Street's rapid-transit station 224 metres away. Before making an offer, prospective buyers should request and have a lawyer review the status certificate, reserve fund study, audited financial statements, board meeting minutes, insurance documentation, and building by-laws to understand the property's financial health and any planned major repairs.