Lower-32 Macklem Avenue, Toronto, ON

Little Portugal, Toronto · MLS® C13463058

$1,500/mo
For Lease
Listed 30 days ago
Request a showing
◎ Directions
1Bedrooms
1Bathrooms
0Parking
1100-1500Sq Ft

About this home

Urban living at its finest in the heart of Little Portugal. Available for immediate occupancy, this spacious one-bedroom flat features a large bedroom, one washroom, and an open-concept living area with a combined kitchen and living space. Ideally situated to enjoy the vibrant amenities of Little Portugal, Little Italy, Dufferin Grove, and surrounding neighborhoods, this home offers both convenience and character. A private entrance from the rear yard adds an extra layer of comfort and privacy. Perfect for working professionals or students seeking an alternative to generic glass condos-this apartment offers authentic urban charm and a true neighborhood feel.

Key facts

Property type
Townhouse, Apartment
MLS®
C13463058
Bedrooms
1
Bathrooms
1
Size
1100-1500
Cross streets
College and Gladstone
Parking
0 parking
Driveway
None
Basement
Apartment
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Stone
Roof
Shingles
Sewer
Sewer
Days on market
30
Listing brokerage
RE/MAX REALTRON REALTY INC.
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.

On schools, this address is zoned for Brock Public School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, this is a very walkable address with everyday errands close by. College St at Dufferin St 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.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1,650avg asking

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

Lower-47 Mare Crescent$1,600Basement-112 Claremont Street$1,800101-138 Robert Street$1,550Ground Floor-435 Meadowvale Road$1,600Bsmt-19 Tait Court$1,700

The 5 closest of 8 active listings nearby.

See all comparable homes
1,500This home1,6001,8001,5501,6001,700This home vs active comparables
Live market pulseActive comparables in Toronto · median list $2K
32active listings nearby
30days on market

17 days longer than the Toronto average (13 days).

View comparable listings

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

Neighbourhood & location

Little Portugal, 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

85/ 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 Dufferin St, about 74 m away

20+ transit stops14 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.

Trinity-Bellwoods
$2K
Dovercourt-Wallace Emerson-Junction
$4K
Niagara
$3K
Kensington-Chinatown
$4K
Waterfront Communities C1
$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 Brock Public School
81%
Brock Public SchoolPublic · Elementary · 0.5 km awayAbove the GTA average · 81% meet the provincial standard
ALPHA II Alternative SchoolEQAO results not published
ALPHA II Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$7/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 $7Property tax $1Total carry $8

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 $1,200 · 4.14% over 25 years

$300Down payment (20.0%)
$1,200Loan 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
$8
Toronto municipal land transfer tax
$8
Estimated closing costs
$15

Plus your down payment of $300. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8/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

$721Total interest paid
$1,921Total of all payments
Principal $1,200 Interest $721
YearPrincipalInterestBalance
1$28$49$1,172
2$29$48$1,143
3$31$46$1,112
4$32$45$1,080
5$33$44$1,047
6$35$42$1,013
7$36$41$977
8$37$39$939
9$39$38$900
10$41$36$860
11$42$34$817
12$44$33$773
13$46$31$727
14$48$29$679
15$50$27$629
16$52$25$577
17$54$23$523
18$56$20$467
19$59$18$408
20$61$16$347
21$64$13$283
22$66$10$217
23$69$8$147
24$72$5$75
25$75$2$0

At the end of your 5-year term

Total paid over the term
$384
Principal paid down
$153
Interest paid
$231
Balance remaining
$1,047

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 REALTRON REALTY INC.. MLS®/PropTx.

CallRequest a showing