Bsmt-761 Markham Street, Toronto, ON

Annex, Toronto · MLS® C13068676

$1,695/mo
For Lease
Listed 82 days ago
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1Bedrooms
1Bathrooms
0Parking
700Sq Ft

About this home

Beautifully Renovated 1 Bedroom Basement Apartment Located in Toronto's Vibrant Annex/Seaton Village Neighbourhood. Bright and Spacious, Separate Entrance, Modern Kitchen With Porcelain Flooring, Quartz Countertop & Backsplash, Newer Stainless Steel Appliances, 3 Piece Bath With Porcelaine Floor And Tiles, In-suite Laundry For Convenience. Heat, Water & Hydro Included. Tenant Responsible For Cable & Internet. Enjoy A Private Backyard With Ample Space And Greenery. Centrally Located And Minutes To U of T, Kensington Market, Little Italy, Gourmet Restaurants, Hospitals And Transit. Listing Agent/Listing Brokerage And Landlords Do Not Warrant Retrofit Status Of Basement.

Key facts

Property type
Semi-Detached, 2 1/2 Storey
MLS®
C13068676
Bedrooms
1
Bathrooms
1
Size
700 sq ft
Cross streets
Bathurst/Bloor
Parking
0 parking
Driveway
None
Basement
Apartment, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Days on market
82
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Mud RoomBasement1.68 × 1.77 m

porcelain floor · w/o to yard

Living RoomBasement3.90 × 3.05 m

laminate · pot lights

Primary BedroomBasement2.65 × 3.11 m

laminate · double closet

KitchenBasement3.96 × 3.82 m

ceramic floor · backsplash · stainless steel appl

Moe’s TakeTeam Asgarian · Broker
In line
$2,023/moest. value

Listed at $1,695/mo, this rental is within the range of comparable rentals, on the lower side. The number above is my independent estimate of value, not the asking price.

In Annex lately, landlords have been getting about 99% of asking and homes lease in about 31 days.

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

Based on 45 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 45 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 $2,000/mo
  • Adjusts to $2,000/mo

That comparable adjusts to $2,000/mo; the $2,023/mo estimate above is the median of all 45 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.

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

List price
$1,600/moBelow market$2,323/moAbove market

Total price vs nearby homes. Fair value about $2,023/mo, median of 45 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$2,050avg asking

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

Basement-84 Mackenzie Crescent$1,750BSMT-16 Hallam Street$1,7501A-344 Shaw Street$2,300Bsmt-344 Shaw Street$2,400

The 4 closest active listings nearby.

See all comparable homes
1,695This home1,7501,7502,3002,400This home vs active comparables
Live market pulseActive comparables in Annex · median list $8K
12active listings nearby
82days on market
100leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

77 days longer than the Toronto average (5 days).

View comparable listings

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

Neighbourhood & location

Annex, 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.

Palmerston-Little Italy
$2K
Dovercourt-Wallace Emerson-Junction
$2K
Trinity-Bellwoods
$3K
Dufferin Grove
$4K
Little Portugal
$4K

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 Palmerston Avenue Junior Public School
80%
Palmerston Avenue Junior Public SchoolPublic · Elementary · 0.1 km awayAbove the GTA average · 80% meet the provincial standard
St. BrunoEQAO results not published

Affordability & Mortgage

Affordability
$8/mo
$4KIncome needed
0.4×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 $8Property tax $1Total carry $9

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)
$7per month

Mortgage amount $1,356 · 4.14% over 25 years

$339Down payment (20.0%)
$1,356Loan before insurance
$0CMHC premium
$8Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8

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

One-time closing costs

Ontario land transfer tax
$8
Toronto municipal land transfer tax
$8
Estimated closing costs
$17

Plus your down payment of $339. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9/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

$815Total interest paid
$2,171Total of all payments
Principal $1,356 Interest $815
YearPrincipalInterestBalance
1$32$55$1,324
2$33$54$1,291
3$34$52$1,257
4$36$51$1,221
5$37$49$1,183
6$39$48$1,144
7$41$46$1,104
8$42$45$1,061
9$44$43$1,017
10$46$41$971
11$48$39$924
12$50$37$874
13$52$35$822
14$54$33$768
15$56$30$711
16$59$28$652
17$61$26$591
18$64$23$528
19$66$20$461
20$69$18$392
21$72$15$320
22$75$12$245
23$78$9$166
24$82$5$85
25$85$2$0

At the end of your 5-year term

Total paid over the term
$434
Principal paid down
$173
Interest paid
$261
Balance remaining
$1,183

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 REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.

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