3-320 Lonsdale Road, Toronto, ON

Forest Hill South, Toronto · MLS® C13049298

$2,445/mo
For Lease
Listed 86 days ago
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2Bedrooms
1Bathrooms
0Parking
700-1100Sq Ft
14 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Love Life On Lonsdale! Be Steps Away From The Vibrant Scene In Beloved Forest Hill Village And Make Your Next Move An Investment In One Of The Best Communities In The City. Central, Affluent, Convenient Living Is At Your Doorstep In This Charming And Classic Building Where Your Newly Renovated, Well-Appointed (Large) Apartment Will Be The Smart Choice For A Professional Single Or Couple, Downsizer, Or Whoever Appreciates Size And Substance. Yolo! Parking not available. Photos are Illustrative in Nature and May Not Be Exact Depictions of the Unit.

Key facts

Property type
Other, Apartment
MLS®
C13049298
Bedrooms
2
Bathrooms
1
Size
700-1100
Cross streets
Spadina Rd & Lonsdale Rd
Parking
0 parking
Driveway
Mutual
Basement
None
Heating
Radiant
A/C
None
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Days on market
86
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.
Moe’s TakeTeam Asgarian · Broker
Below comparables
$3,075/moest. value

Listed at $2,445/mo, this rental is about 20% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In Forest Hill South lately, landlords have been getting about 99% of asking and homes lease in about 20 days.

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 65 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 65 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The listing gives square footage as a wide range, so the size adjustment (and this estimate) is approximate; confirming exact size would sharpen it.

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 $3,100/mo
  • Adjusts to $3,100/mo

That comparable adjusts to $3,100/mo; the $3,075/mo estimate above is the median of all 65 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 location, this is a very walkable address with everyday errands close by. Lonsdale Road is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2,445/moBelow market$3,347/moAbove market

Total price vs nearby homes. Fair value about $3,075/mo, median of 65 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
Comparable listingsCurrently listed nearby in Forest Hill South · asking prices
$3,261avg asking

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

5-470 Oriole Parkway$2,2501902-320 Tweedsmuir Avenue$3,7391604-310 Tweedsmuir Avenue$3,795

The 3 closest active listings nearby.

See all comparable homes
2,445This home2,2503,7393,795This home vs active comparables
Live market pulseActive comparables in Forest Hill South · median list $3K
25active listings nearby
86days on market
100leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

On the market now.

View comparable listings

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

Neighbourhood & location

Forest Hill South, 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

98/ 100

Walker's ParadiseA 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 OpenStreetMap contributors.

Most daily errands can be done on foot.

🚉 Nearest transit: Lonsdale Road, about 57 m away

20+ transit stops6 grocery20+ dining20+ parks12 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.

Forest Hill North
$3K
Dovercourt-Wallace Emerson-Junction
$3K
Church-Yonge Corridor
$3K
Waterfront Communities C1
$2K
Regent Park
$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 Holy Rosary
89%
Holy RosaryCatholic · Elementary · 0.5 km awayHigher-rated than most nearby · 89% meet the provincial standard
Forest Hill Junior and Senior Public SchoolEQAO results not published
Forest Hill Collegiate InstituteEQAO results not published

Affordability & Mortgage

Affordability
$11/mo
$4KIncome needed
0.6×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 $11Property tax $2Total carry $13

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)
$10per month

Mortgage amount $1,956 · 4.14% over 25 years

$489Down payment (20.0%)
$1,956Loan before insurance
$0CMHC premium
$12Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12

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

One-time closing costs

Ontario land transfer tax
$12
Toronto municipal land transfer tax
$12
Estimated closing costs
$24

Plus your down payment of $489. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$13/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

$1,175Total interest paid
$3,131Total of all payments
Principal $1,956 Interest $1,175
YearPrincipalInterestBalance
1$46$79$1,910
2$48$78$1,862
3$50$76$1,813
4$52$73$1,761
5$54$71$1,707
6$56$69$1,651
7$59$67$1,592
8$61$64$1,531
9$64$62$1,467
10$66$59$1,401
11$69$56$1,332
12$72$53$1,260
13$75$50$1,185
14$78$47$1,107
15$81$44$1,026
16$85$41$941
17$88$37$853
18$92$33$761
19$96$29$665
20$100$25$565
21$104$21$461
22$108$17$353
23$113$12$240
24$118$8$123
25$123$3$0

At the end of your 5-year term

Total paid over the term
$626
Principal paid down
$249
Interest paid
$377
Balance remaining
$1,707

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 HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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