#B-324 Spadina Avenue, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13234440

$1,200/mo
For Lease
Listed 44 days ago
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1Bedrooms
3Bathrooms
0Parking
700Sq Ft

About this home

Incredible Opportunity Available Now: Cozy Shared Accommodation with One Room for Rent. This Spacious 1-Bedroom in the Vibrant Heart of Chinatown, Just Steps Away from Kensington Market, Offers a Convenient 10-Minute Walk to UofT and a Quick 10-Minute Streetcar Ride to TMU. Featuring 10-Ft Ceilings, Plenty of Natural Light, Laminate Flooring, and a Private Balcony, This Residence Provides a Comfortable Living Space. Enjoy Easy Access to Transportation with a Streetcar Stop at Your Doorstep, and Explore Nearby Cafes, Shops, and Restaurants. The Landlord Ensures the Cleanliness of Shared Common Areas with Weekly Cleaning Services. Utilities, Including Hydro, Water, and Electricity, Are Included in the Rent.

Key facts

Property type
Other, 3-Storey
MLS®
C13234440
Bedrooms
1
Bathrooms
3 (1 half)
Size
700 sq ft
Cross streets
Spadina & Dundas
Parking
0 parking
Basement
None
Heating
Baseboard
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Days on market
44
Listing brokerage
RE/MAX CONDOS PLUS CORPORATION
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.

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

On location, this is a very walkable address with everyday errands close by. Spadina Ave at Dundas St West North Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Worth verifying
Comparable listingsCurrently listed nearby in Kensington-Chinatown · asking prices
$1,889avg asking

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

101-124 Baldwin Street$1,7000-227 Beverley Street$1,7502-265 Augusta Avenue$1,8951221-297 College Street$1,9501235-230 Simcoe Street$2,150

The 5 closest of 8 active listings nearby.

See all comparable homes
1,200This home1,7001,7501,8951,9502,150This home vs active comparables
Live market pulseActive comparables in Kensington-Chinatown · median list $3K
76active listings nearby
44days on market

On the market now.

View comparable listings

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

Neighbourhood & location

Kensington-Chinatown, 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

83/ 100

Very WalkableA 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 Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Spadina Ave at Dundas St West North Side, about 61 m away

20+ transit stops20+ grocery20+ dining20+ parks20+ 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.

Bay Street Corridor
$3K
Waterfront Communities C1
$3K
Church-Yonge Corridor
$3K
Dovercourt-Wallace Emerson-Junction
$2K
Mimico
$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) →

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 da Vinci School
67%
da Vinci SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 67% meet the provincial standard

Affordability & Mortgage

Affordability
$5/mo
$4KIncome needed
0.3×Price ÷ income
$1Weekly 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 $5Property tax $1Total carry $6

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5per month

Mortgage amount $960 · 4.14% over 25 years

$240Down payment (20.0%)
$960Loan before insurance
$0CMHC premium
$6Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6

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

One-time closing costs

Ontario land transfer tax
$6
Toronto municipal land transfer tax
$6
Estimated closing costs
$12

Plus your down payment of $240. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6/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

$577Total interest paid
$1,537Total of all payments
Principal $960 Interest $577
YearPrincipalInterestBalance
1$22$39$938
2$23$38$914
3$24$37$890
4$25$36$864
5$26$35$838
6$28$34$810
7$29$33$781
8$30$32$751
9$31$30$720
10$33$29$688
11$34$28$654
12$35$26$619
13$37$25$582
14$38$23$543
15$40$22$504
16$42$20$462
17$43$18$419
18$45$16$373
19$47$14$326
20$49$12$277
21$51$10$226
22$53$8$173
23$55$6$118
24$58$4$60
25$60$1$0

At the end of your 5-year term

Total paid over the term
$307
Principal paid down
$122
Interest paid
$185
Balance remaining
$838

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 CONDOS PLUS CORPORATION. MLS®/PropTx.

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