1402-92 King Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C12729192

$2,800/mo
For Lease
Listed 172 days ago
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2Bedrooms
1Bathrooms
0Parking
700-799Sq Ft

About this home

Located in a prime downtown location, this freshly painted 2-bedroom unit features brand-new laminate flooring throughout and a bright north-facing city view. The functional layout is ideal for urban living and includes a den area perfectly suited for a home office. Conveniently situated near Toronto's business and entertainment districts, with endless shopping, dining, and everyday conveniences right at your doorstep.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12729192
Bedrooms
2
Bathrooms
1
Size
700-799
Cross streets
King / Church
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Exposure
North
Days on market
172
Listing brokerage
T.O. CONDOS REALTY INC.

Rooms

Primary BedroomMain3.20 × 2.74 m

Laminate

KitchenMain2.95 × 2.44 m

open concept · ceramic floor

Living RoomMain5.38 × 3.05 m

combined w/dining · laminate

Dining RoomMain5.38 × 3.05 m

combined w/living · laminate

Bedroom 2Main3.20 × 2.74 m

Laminate

Moe’s TakeTeam Asgarian · Broker
Below comparables
$3,000/moest. value

Listed at $2,800/mo, this rental is about 7% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 37 similar rentals nearby, adjusted for size, beds, and baths.Median of 37 comparable active listings, adjusted for size, beds, and baths.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $2,900/mo
  • Bathrooms −$100/mo
  • Adjusts to $2,800/mo

That comparable adjusts to $2,800/mo; the $3,000/mo estimate above is the median of all 37 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

The assigned public school is Market Lane Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. King St East at Church St West Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2,800/moBelow market$3,163/moAbove market

Total price vs nearby homes. Fair value about $3,000/mo, median of 37 comparables.

Comparable listingsCurrently listed nearby in Church-Yonge Corridor · asking prices
$2,810avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1202-95 Lombard Street$2,7004303-88 Scott Street$3,0001004-3 Gloucester Street$2,7501106-85 Wood Street$2,8501906-25 Carlton Street$2,750

The 5 closest of 8 active listings nearby.

See all comparable homes
2,800This home2,7003,0002,7502,8502,750This home vs active comparables
Live market pulseActive comparables in Church-Yonge Corridor · median list $3K
72active listings nearby
172days on market

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Church-Yonge Corridor, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

88/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: King St East at Church St West Side, about 25 m away

20+ transit stops20+ grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Waterfront Communities C8
$3K
Waterfront Communities C1
$3K
Bay Street Corridor
$3K
Dovercourt-Wallace Emerson-Junction
$2K
Mimico
$3K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 0.8 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$13/mo
$4KIncome needed
0.7×Price ÷ income
$3Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

88%mortgage
Mortgage $13Property tax $2Total carry $15

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12per month

Mortgage amount $2,240 · 4.14% over 25 years

$560Down payment (20.0%)
$2,240Loan before insurance
$0CMHC premium
$14Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$14
Toronto municipal land transfer tax
$14
Estimated closing costs
$28

Plus your down payment of $560. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$15/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,346Total interest paid
$3,586Total of all payments
Principal $2,240 Interest $1,346
YearPrincipalInterestBalance
1$52$91$2,188
2$55$89$2,133
3$57$86$2,076
4$59$84$2,017
5$62$82$1,955
6$64$79$1,890
7$67$76$1,823
8$70$74$1,753
9$73$71$1,680
10$76$68$1,605
11$79$64$1,526
12$82$61$1,443
13$86$58$1,357
14$89$54$1,268
15$93$50$1,175
16$97$46$1,078
17$101$42$977
18$105$38$871
19$110$34$762
20$114$29$647
21$119$24$528
22$124$19$404
23$129$14$275
24$135$9$140
25$140$3$0

At the end of your 5-year term

Total paid over the term
$717
Principal paid down
$285
Interest paid
$432
Balance remaining
$1,955

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of T.O. CONDOS REALTY INC.. MLS®/PropTx.

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