40 Hazelton is a low-rise condominium building with 4 storeys and 11 units, developed by Heritage Properties Limited and completed in 1982. Its modest scale makes it feel more like a residential community than a large condo complex, which is part of its appeal in the Annex. Each unit tends to be generously sized, averaging around 2,750 square feet, making these homes suitable for families or those seeking substantial living space. The building's tenure and low unit count mean owners often have stable, long-term relationships with neighbors and a strong say in building decisions through the condo board.

40 Hazelton sits in the Annex, one of Toronto's most vibrant and walkable neighborhoods, centered around the University of Toronto. The area is surrounded by independent bookstores, cafes, restaurants, and cultural institutions like the Gardiner Museum and Royal Ontario Museum, all within walking distance. Transit is a major strength: Spadina Station on the Bloor Line is minutes away, providing direct access downtown and across the city. Hazelton Avenue itself is tree-lined and quieter than nearby Bloor Street, offering a residential feel while remaining minutes from shops, services, and entertainment. The neighborhood suits families, students, academics, and professionals who want urban convenience without sacrificing neighborhood character.

Units at 40 Hazelton are spacious, typically configured for families or those needing room for a home office or guest space. With an average size of 2,750 square feet, you're looking at homes with multiple bedrooms and living areas rather than compact bachelor units. As a small, older condo, it's important to ask about recent building repairs, reserve fund studies, and current maintenance fees, which can vary based on the building's upkeep needs. Prospective buyers should also inquire about pet policies, parking availability, and whether the building allows rentals, as condo rules vary from one building to the next. The intimacy of a 11-unit building means community dynamics matter, so getting a sense of the building's culture and board governance during your visit is worthwhile.