McMurrich Residences is a mid-rise condo building with 7 storeys and 100 units, built in 2003 by Plazacorp Developments. The building was designed to fit seamlessly into the Annex neighbourhood's character while providing modern living spaces. Its modest height and scale make it a residential fixture that complements the tree-lined streets and walkable community around it. The building includes standard condo amenities and is maintained through a resident-run condo corporation. Many units in the building are owner-occupied, while others are rented out, creating a mixed-tenure community typical of central Toronto residential areas.

The Annex is one of Toronto's most accessible neighbourhoods, with direct Spadina subway access just steps away and multiple streetcar routes along Bloor and Spadina. The area is pedestrian-friendly, with independent bookstores, cafes, restaurants, and vintage shops clustered around Bloor and Spadina. It's home to the University of Toronto campus, which brings energy and foot traffic year-round. Grocery stores, pharmacies, and services are within a short walk. For renters and buyers who want urban density without feeling cramped, and who value walkability and transit over car dependency, the Annex offers genuine convenience. The neighbourhood also has parks, libraries, and cultural institutions nearby, making it attractive to diverse age groups and lifestyles.

Units at McMurrich Residences average around 500 square feet, making them efficient one-bedroom or junior two-bedroom layouts ideal for professionals, couples, or students. When considering the building, ask about pet policies, as some units or owners may have restrictions. Review the condo's financial health by examining reserve fund studies and recent special assessments, which can affect both ownership costs and rental rates. Current rental activity in the building suggests stable demand and relatively accessible monthly rents. The building's 20-year-old infrastructure is well-maintained, but it's worth understanding what major systems have been updated recently. For renters, proximity to transit and walkable streets means lower transportation costs, which often makes these smaller units more affordable overall than larger units in car-dependent areas.