229 Rusholme Road, Toronto, ON

Dufferin Grove, Toronto · MLS® C13118190

$1,800/mo
For Lease
Listed 71 days ago
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1Bedrooms
1Bathrooms
0Parking
2500-3000Sq Ft

About this home

Tenant Responsible For Hydro. Chic 2nd Storey Studio Apartment With A Large Sundeck (4.45 X 2.50) Overlooking A Glorious Backyard, In The Heart Of Dufferin Grove. Only Blocks To The Bloor Subway Line and College Streetcars. This is a Vibrant and Exciting Location, With Easy Access To Dufferin Grove Park, Great Restaurants, And Cafes. Easy to Show .

Key facts

Property type
Other, Bachelor/Studio
MLS®
C13118190
Bedrooms
1
Bathrooms
1
Size
2500-3000
Lot
42 × 200 ft
Cross streets
Dovercourt Rd/ College St
Parking
0 parking
Basement
None
Heating
Baseboard
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Days on market
71
Listing brokerage
RE/MAX ULTIMATE REALTY INC.

Rooms

KitchenSecond3.43 × 2.54 m

w/o to deck · ceramic floor · renovated

BedroomSecond3.39 × 3.90 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent leases and give you a straight answer on what it will really take.

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.

  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Live market pulseActive comparables in Dufferin Grove · median list $2K
20active listings nearby
71days on market
39leased 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

Dufferin Grove, Toronto, ON

Nearby neighbourhoods

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

Niagara
$3K
Annex
$2K
Waterfront Communities C1
$2K
Bay Street Corridor
$3K
Church-Yonge Corridor
$2K

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

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

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 22, 2026); conventional rates run a little higher.

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

Mortgage amount $1,440 · 4.14% over 25 years

$360Down payment (20.0%)
$1,440Loan 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
$9
Toronto municipal land transfer tax
$9
Estimated closing costs
$18

Plus your down payment of $360. 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

$865Total interest paid
$2,305Total of all payments
Principal $1,440 Interest $865
YearPrincipalInterestBalance
1$34$58$1,406
2$35$57$1,371
3$37$56$1,335
4$38$54$1,296
5$40$52$1,257
6$41$51$1,215
7$43$49$1,172
8$45$47$1,127
9$47$45$1,080
10$49$43$1,032
11$51$41$981
12$53$39$928
13$55$37$873
14$57$35$815
15$60$32$755
16$62$30$693
17$65$27$628
18$68$25$560
19$71$22$490
20$73$19$416
21$77$16$340
22$80$12$260
23$83$9$177
24$87$6$90
25$90$2$0

At the end of your 5-year term

Total paid over the term
$461
Principal paid down
$183
Interest paid
$278
Balance remaining
$1,257

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 RE/MAX ULTIMATE REALTY INC.. MLS®/PropTx.

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