Third Floor-896 Avenue Road, Toronto, ON

Yonge-Eglinton, Toronto · MLS® C13022518

$1,900/mo
For Lease
Listed 93 days ago
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1Bedrooms
1Bathrooms
1Garage
1100-1500Sq Ft

About this home

This third-floor apartment offers a unique, thoughtfully designed layout that blends open-concept living with defined spaces. This spacious bedroom and living area are filled with natural light, creating a bright and inviting atmosphere. Enjoying relaxing on the private balcony with views suitable for unwinding at the end of the day. The unit includes one unassigned parking space, access to a shared laundry room, and requires tenant(s) to pay for hydro and internet.

Key facts

Property type
Detached, 2-Storey
MLS®
C13022518
Bedrooms
1
Bathrooms
1
Size
1100-1500
Cross streets
Avenue Road & Chaplin Crescent
Parking
1 garage (carport)
Basement
None
Heating
Forced Air
A/C
Wall Unit(s)
Exterior
Brick
Foundation
Concrete
Roof
Metal
Sewer
Sewer
Days on market
93
Listing brokerage
EXP REALTY

Rooms

Living RoomThird4.08 × 3.08 m

cathedral ceiling(s) · overlooks garden · w/o to balcony

Primary BedroomThird4.57 × 4.45 m

natural finish · cathedral ceiling(s) · overlooks frontyard

KitchenThird3.41 × 1.34 m

combined w/living · natural finish · cathedral ceiling(s)

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,420/moest. value

Listed at $1,900/mo, this rental is about 21% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In Yonge-Eglinton lately, landlords have been getting about 98% of asking and homes lease in about 28 days.

There were not many closely comparable homes right in Yonge-Eglinton, so I widened the search to the surrounding area.

Based on 19 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 19 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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, leased for $2,400/mo
  • Bedrooms −$150/mo
  • Adjusts to $2,250/mo

That comparable adjusts to $2,250/mo; the $2,420/mo estimate above is the median of all 19 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

On schools, this address is zoned for Oriole Park Junior Public School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

List price
$1,900/moBelow market$3,190/moAbove market

Total price vs nearby homes. Fair value about $2,420/mo, median of 19 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$1,489avg asking

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

Upper-1263 Woodbine Avenue$1,750Unit AA, 2nd Floor-15 Wildflower Way$1,398372 Victoria Park Avenue$1,650Bsmt 2-14 Tarsus Crescent$1,500Unit AAA-99 Clinton St Street$1,148

The 5 closest of 8 active listings nearby.

See all comparable homes
1,900This home1,7501,3981,6501,5001,148This home vs active comparables
Live market pulseActive comparables in Yonge-Eglinton · median list $3K
7active listings nearby
93days on market
98leased nearby · 90 days
$5Kmedian leased price
98%of asking, on average

92 days longer than the Toronto average (1 days).

View comparable listings

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

Neighbourhood & location

Yonge-Eglinton, 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.

Nearby neighbourhoods

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

Briar Hill-Belgravia
$3K
Dovercourt-Wallace Emerson-Junction
$2K
Downsview-Roding-CFB
$3K
Willowdale West
$11K
Bayview Village
$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 Oriole Park Junior Public School
100%
Oriole Park Junior Public SchoolPublic · Elementary · 0.3 km awayAmong the top in the GTA · 100% meet the provincial standard

Affordability & Mortgage

Affordability
$9/mo
$4KIncome needed
0.5×Price ÷ income
$2Weekly 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 $9Property tax $1Total carry $10

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8per month

Mortgage amount $1,520 · 4.14% over 25 years

$380Down payment (20.0%)
$1,520Loan before insurance
$0CMHC premium
$9Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9

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

One-time closing costs

Ontario land transfer tax
$10
Toronto municipal land transfer tax
$10
Estimated closing costs
$19

Plus your down payment of $380. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10/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

$913Total interest paid
$2,433Total of all payments
Principal $1,520 Interest $913
YearPrincipalInterestBalance
1$36$62$1,484
2$37$60$1,447
3$39$59$1,409
4$40$57$1,368
5$42$55$1,326
6$44$54$1,283
7$46$52$1,237
8$47$50$1,190
9$49$48$1,140
10$51$46$1,089
11$54$44$1,035
12$56$41$979
13$58$39$921
14$61$37$860
15$63$34$797
16$66$31$731
17$69$29$663
18$71$26$591
19$74$23$517
20$78$20$439
21$81$17$358
22$84$13$274
23$88$10$187
24$91$6$95
25$95$2$0

At the end of your 5-year term

Total paid over the term
$487
Principal paid down
$194
Interest paid
$293
Balance remaining
$1,326

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 EXP REALTY. MLS®/PropTx.

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