2nd Floor-29 Glasgow Street, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13255784

$1,350/mo
For Lease
Listed 42 days ago
1Bedrooms
1Bathrooms
0Parking
700-1100Sq Ft

About this home

Prime U of T Location! Newly renovated and fully furnished 1 Bedrooms & share 1 Bathroom On 2nd Floor For Rent Only, Bright & Quiet. Wood Floor. Pot Lights. Large Window. Located just steps from the University of Toronto campus and adjacent to U of T student residences. Move-in ready, featuring wood flooring throughout. Shared kitchen with Ground Flr Tenants.Walking distance to U of T, downtown, restaurants, supermarkets, shopping, and public transit. Direct bus access to the subway station. Includes fridge, stove, washer, central A/C, new furnace, and hot water tank. Ideal for U of T students. Big room($1300/M). Wifi cost will be shared among all tenants.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
C13255784
Bedrooms
1
Bathrooms
1
Size
700-1100
Lot
16.75 × 58 ft
Cross streets
Spadina/College
Parking
0 parking
Driveway
None
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
42
Listing brokerage
DREAM HOME REALTY INC.

Rooms

BedroomSecond3.39 × 2.87 m

laminate · pot lights

BedroomSecond3.23 × 2.80 m

laminate · pot lights

BedroomSecond3.10 × 2.77 m

laminate · pot lights

KitchenGround3.95 × 3.26 m

family size kitchen · w/o to yard

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1,763/moest. value

Listed at $1,350/mo, this rental is about 23% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

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

Based on 8 similar rentals nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, 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, listed at $1,450/mo
  • Adjusts to $1,450/mo

That comparable adjusts to $1,450/mo; the $1,763/mo estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

The assigned public school is Orde Street 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. College St at Spadina Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1,350/moBelow market$1,800/moAbove market

Total price vs nearby homes. Fair value about $1,763/mo, median of 8 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.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1,658avg asking

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

Lower-1538 Davenport Road$1,450BSMT-24 Dairy Drive$1,700Ground-290 Mcnicoll Avenue$1,700Walk out BSMT-94 Micmac Crescent$1,780

The 4 closest active listings nearby.

See all comparable homes
1,350This home1,4501,7001,7001,780This home vs active comparables
Live market pulseActive comparables in Kensington-Chinatown · median list $6K
7active listings nearby
42days on market

37 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

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

79/ 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: College St at Spadina Ave, about 112 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.

University
$5K
Trinity-Bellwoods
$2K
Annex
$3K
Palmerston-Little Italy
$2K
Little Portugal
$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 Orde Street Public School
76%
Orde Street Public SchoolPublic · Elementary · 0.5 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$6/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 $6Property tax $1Total carry $7

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6per month

Mortgage amount $1,080 · 4.14% over 25 years

$270Down payment (20.0%)
$1,080Loan before insurance
$0CMHC premium
$7Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7

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

One-time closing costs

Ontario land transfer tax
$7
Toronto municipal land transfer tax
$7
Estimated closing costs
$14

Plus your down payment of $270. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7/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

$649Total interest paid
$1,729Total of all payments
Principal $1,080 Interest $649
YearPrincipalInterestBalance
1$25$44$1,055
2$26$43$1,028
3$27$42$1,001
4$29$41$972
5$30$39$942
6$31$38$911
7$32$37$879
8$34$35$845
9$35$34$810
10$37$33$774
11$38$31$736
12$40$29$696
13$41$28$654
14$43$26$611
15$45$24$566
16$47$22$520
17$49$20$471
18$51$18$420
19$53$16$367
20$55$14$312
21$57$12$255
22$60$9$195
23$62$7$133
24$65$4$68
25$68$2$0

At the end of your 5-year term

Total paid over the term
$346
Principal paid down
$138
Interest paid
$208
Balance remaining
$942

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 DREAM HOME REALTY INC.. MLS®/PropTx.

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