216-664 Spadina Avenue, Toronto, ON

University, Toronto · MLS® C13140546

$2,795/mo
For Lease
Listed 65 days ago
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1Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

SAVE! | UpTo 2 MONTHS FREE* | Move-In This Week | ADDITIONAL $1000 credit in the 3rd month | SPACIOUS 1 Bedroom, 1 Bathroom | DOWNTOWN TORONTO SPADINA & BLOOR | Discover unparalleled luxury living in this brand-new, never-lived-in suite at 664 Spadina Ave, perfectly situated in the lively heart of Toronto's Harbord Village and University District. This exceptional suite features an expansive open-concept layout, floor-to-ceiling windows that flood the space with natural light, a designer kitchen with top-of-the-line stainless steel appliances and sleek cabinetry, generously sized bedrooms with ample closet space, and an elegant bathroom with modern fixtures. Located across from the University of Toronto's St. George campus, and close to top schools, cultural gems like the ROM, AGO, and Queens Park, as well as St. George and Museum subway stations, this home offers seamless access to the Financial and Entertainment Districts. Enjoy upscale Yorkville nearby or the historic charm of Harbord Village, surrounded by the city's finest dining, shopping, and cultural attractions. See it today and start living your Toronto dream at 664 Spadina Ave!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13140546
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
Spadina Ave & Harbord St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Other
Exposure
West
Days on market
65
Listing brokerage
CITY REALTY POINT
Moe’s TakeTeam Asgarian · Broker
Above comparables
$2,500/moest. value

Listed at $2,795/mo, this rental is about 12% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In University lately, landlords have been getting about 99% of asking and homes lease in about 13 days.

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.

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 $2,700/mo
  • Bedrooms −$150/mo
  • Adjusts to $2,550/mo

That comparable adjusts to $2,550/mo; the $2,500/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.

Its public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

List price
$2,350/moBelow market$2,795/moAbove market

Total price vs nearby homes. Fair value about $2,500/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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in University · asking prices
$2,925avg asking

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

711-664 Spadina Avenue$2,950801-736 Spadina Avenue$2,5001003-664 Spadina Avenue$3,325

The 3 closest active listings nearby.

See all comparable homes
2,795This home2,9502,5003,325This home vs active comparables
Live market pulseActive comparables in University · median list $3K
26active listings nearby
65days 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

University, 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.

Annex
$2K
Bay Street Corridor
$2K
Church-Yonge Corridor
$2K
North St. James Town
$2K
Waterfront Communities C1
$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 Huron Street Junior Public School
74%
Huron Street Junior Public SchoolPublic · Elementary · 0.8 km awayAround the GTA average · 74% meet the provincial standard
St. BrunoEQAO 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 $14

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)
$12per month

Mortgage amount $2,236 · 4.14% over 25 years

$559Down payment (20.0%)
$2,236Loan 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 $559. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$14/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

$1,344Total interest paid
$3,580Total of all payments
Principal $2,236 Interest $1,344
YearPrincipalInterestBalance
1$52$91$2,184
2$55$89$2,129
3$57$86$2,072
4$59$84$2,013
5$62$81$1,951
6$64$79$1,887
7$67$76$1,820
8$70$73$1,750
9$73$70$1,677
10$76$67$1,602
11$79$64$1,523
12$82$61$1,441
13$86$58$1,355
14$89$54$1,266
15$93$50$1,173
16$97$46$1,076
17$101$42$975
18$105$38$870
19$110$34$760
20$114$29$646
21$119$24$527
22$124$19$404
23$129$14$274
24$134$9$140
25$140$3$0

At the end of your 5-year term

Total paid over the term
$716
Principal paid down
$285
Interest paid
$431
Balance remaining
$1,951

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 CITY REALTY POINT. MLS®/PropTx.

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