1-256 Homewood Avenue, Toronto, ON

Newtonbrook West, Toronto · MLS® C13429490

$1,850/mo
For Lease
Listed 42 days ago
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◎ Directions
1Bedrooms
1Bathrooms
4Parking
700Sq Ft
12 schools20+ transit stops16 parks20+ restaurantswithin 1.5 km

About this home

monthly Short Term Rent Available, 1st Floor, not basement, ,$2000 all-inclusive(utilities,wifi,furnitures), or $1850 with 20% utilities fee. New Renovation From Floor To Top in 2 years,$$$ Upgrade. Brand New Modern Kitchen With Build-In New Appliance,Gas Stove,1 Big Bedroom Brand New Bathroom, full Brand New Furnitures and Fresh Paint! , no shared space.Walk Out To The Backyard. Excellent Opportunity in Yonge & Seels Desirable Location, The Hear Of North York. Steps To Bus Stop,. 5 Mins Walk To School, 5 Mins Drive To Finch Subway Station. Ttc 12 Mins Direct To Sheppard Subway Station. 10 mins drive to York University,.Newcomers and students are welcome. maximum 2 adults.

Key facts

Property type
Other, 2-Storey
MLS®
C13429490
Bedrooms
1
Bathrooms
1
Size
700 sq ft
Lot
50 × 120 ft
Cross streets
Yonge/Steels
Parking
4 parking
Driveway
Front Yard Parking
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front, Concrete
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
42
Listing brokerage
ANJIA REALTY

Rooms

BedroomMain4.00 × 3.50 m

large window · ensuite bath · b/i appliances

KitchenMain4.00 × 1.50 m

modern kitchen · granite counters · b/i appliances

BathroomMain2.50 × 2.00 m

3 pc bath · granite counters

Dining RoomMain4.00 × 2.00 m

combined w/family · large window · led lighting

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,342/moest. value

Listed at $1,850/mo, this rental is about 21% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In Newtonbrook West lately, landlords have been getting about 98% of asking and homes lease in about 22 days.

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

Based on 64 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 64 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 $2,450/mo
  • Size difference −$91/mo
  • Bedrooms −$150/mo
  • Bathrooms −$200/mo
  • Adjusts to $2,009/mo

That comparable adjusts to $2,009/mo; the $2,342/mo estimate above is the median of all 64 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 R J Lang Elementary and Middle 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 more car-dependent spot, so buyers here typically drive. Cactus Ave at Homewood Ave is about a 1-minute walk away. Worth weighing if transit access matters to you.

List price
$1,850/moBelow market$2,442/moAbove market

Total price vs nearby homes. Fair value about $2,342/mo, median of 64 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. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby · asking prices
$2,390avg asking

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

LOWER / BSMT-402 Kingston Road$1,700372 Victoria Park Avenue$1,650Upper-591 Jane Street$2,600MAIN-402 Kingston Road$3,000UPPER / 2ND-402 Kingston Road$3,000

The 5 closest active listings nearby.

See all comparable homes
1,850This home1,7001,6502,6003,0003,000This home vs active comparables
Live market pulseActive comparables in Newtonbrook West · median list $1K
5active listings nearby
42days on market
100leased nearby · 90 days
$3Kmedian leased price
98%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

Newtonbrook West, 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

18/ 100

Car-DependentA 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 OpenStreetMap contributors.

Almost all errands require a car — groceries and transit are a drive away.

🚉 Nearest transit: Cactus Ave at Homewood Ave, about 64 m away

20+ transit stops6 grocery20+ dining16 parks12 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.

Bayview Village
$3K
Humber Heights
$2K
North St. James Town
$3K
Church-Yonge Corridor
$2K
Bay Street Corridor
$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 Pleasant Public School
58%
Pleasant Public SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 58% meet the provincial standard
Avondale Secondary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$8/mo
$4KIncome needed
0.5×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 $10

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)
$8per month

Mortgage amount $1,480 · 4.14% over 25 years

$370Down payment (20.0%)
$1,480Loan 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
$19

Plus your down payment of $370. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10/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

$889Total interest paid
$2,369Total of all payments
Principal $1,480 Interest $889
YearPrincipalInterestBalance
1$35$60$1,445
2$36$59$1,409
3$38$57$1,372
4$39$56$1,332
5$41$54$1,292
6$43$52$1,249
7$44$50$1,205
8$46$49$1,158
9$48$47$1,110
10$50$45$1,060
11$52$43$1,008
12$54$40$954
13$57$38$897
14$59$36$838
15$62$33$776
16$64$31$712
17$67$28$645
18$70$25$576
19$72$22$503
20$76$19$428
21$79$16$349
22$82$13$267
23$85$9$182
24$89$6$93
25$93$2$0

At the end of your 5-year term

Total paid over the term
$474
Principal paid down
$188
Interest paid
$285
Balance remaining
$1,292

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 ANJIA REALTY. MLS®/PropTx.

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