Welcome to this spacious and beautifully renovated two-storey townhouse at 142 Pears Avenue, ideally positioned in the heart of the Annex, just steps from Yorkville. Offering approximately 1,820 sq. ft. above grade plus a finished lower level, this 2-bedroom, 2-bathroom residence combines the space and privacy of a home with the convenience of condominium living. The main floor features hardwood floors, pot lights and an open-concept living and dining area designed for both everyday living and entertaining. The generous living room is anchored by an electric fireplace and features a walk-out to a generous private terrace, creating a seamless extension of the living space for outdoor dining, entertaining or relaxing. The adjoining dining area flows into the renovated kitchen with stainless steel appliances, quartz counters and ample cabinetry. Upstairs, the expansive primary bedroom features hardwood floors, a picture window and walk-in closet. A well-proportioned second bedroom with closet provides flexibility for family, guests or a home office, with a four-piece bathroom completing this level. The finished lower level adds exceptional living space with a large recreation room, second four-piece bathroom, separate laundry room and additional storage/utility space. Residents enjoy an outdoor pool, recently renovated recreation room, separate men's and women's saunas. One underground parking space and one out-of-suite locker are included. Tucked away from the bustle of the city yet moments from Yorkville, Avenue Road and Davenport, with excellent access to shops, restaurants, parks, schools and public transit, this is an exceptional opportunity to enjoy generous townhouse living in one of Toronto's most desirable neighbourhoods.