1-608 Spadina Avenue, Toronto, ON

University, Toronto · MLS® C13500496

$6,500/mo
For Lease
Listed 19 days ago
3Bedrooms
3Bathrooms
1Garage
2000-2500Sq Ft

About this home

High End Reno in A Prime South Annex Location. Absolutely One of a Kind! This 1880s Heritage Home with Original Woodwork Has Been Carefully Restored and Expanded to Couple Modern Convenience with Old World Charm. This GEM Exudes Impeccable Design and Thoughtful Function with Its' Incredible Spaces and Magnificent Detailing. It Comprises of Over 2000sq Ft of Indoor Space Plus Ample Outdoor Space. It Has 2+1 Bedroom, 3 Baths, 10 Ft Celling, Hardwood Flooring, Huge Foodie's Kitchen with Quartz Countertop and Island for Cooking, Dining or Just Hanging. Loads of Cabinets/Drawers. Stainless Steel Appliances. Open Concept Living Space with Gas Fireplace Perfect to Cozy-Up on Cold Nights and Floor to Ceiling, Plus Wall-To-Wall Windows/Patio Doors Leading to A Huge Private Deck with View of a Beautiful Courtyard. Layout Can Lend Itself to A Stately Independent Office or A Family Room. Main Floor of a Quiet Six-Plex, This Is a Magazine Worthy Home! Suits Easy Going Responsible Profession, Non-Smokers with No Pets. Minimum 1 Year Lease with References, Credit Check and Employment Letters. Driveway Parking for One Vehicle Include. As well, a Garage Space is Available At $250 Per Month.With Walking Scote Of 98/1000 and Transit Score Of 99/100, This Location is Walkers Paradise, Across from U of T St. Geroge Campus, Walk to Bloor Street Retail, Kensington Market, UHN Hospitals, Restaurants and Cafes, a Short Walk to Bloor Subway Means an Easy Commute to Everywhere in Toronto. This Rare GEM Is Waiting For Its Match!

Key facts

Property type
Other, 3-Storey
MLS®
C13500496
Bedrooms
3
Bathrooms
3 (1 half)
Size
2000-2500
Cross streets
Spadina Ave/Harbord St
Parking
1 garage (none)
Driveway
Available
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Days on market
19
Listing brokerage
SUTTON GROUP-ASSOCIATES REALTY INC.

Rooms

Living RoomMain5.96 × 3.08 m

hardwood floor · combined w/dining

BedroomMain6.01 × 3.64 m

hardwood floor · window

Bedroom 2Main4.67 × 4.62 m

hardwood floor · closet

Primary BedroomMain3.26 × 5.46 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Dining RoomMain5.95 × 2.68 m

hardwood floor · combined w/kitchen · w/o to deck

KitchenMain5.95 × 2.93 m

open concept · stainless steel appl · quartz counter

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$9,287/moest. value

Listed at $6,500/mo, this rental is tracking about 30% below a wider set of rentals, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 46 similar rentals nearby, adjusted for size, beds, and baths.Median of 46 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 $2,500/mo
  • Bathrooms +$200/mo
  • Adjusts to $2,700/mo

That comparable adjusts to $2,700/mo; the $9,287/mo estimate above is the median of all 46 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 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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$6,500/moBelow market$9,999/moAbove market

Total price vs nearby homes. Fair value about $9,287/mo, median of 46 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.

  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in University · asking prices
$3,680avg asking

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

81 Major Street$5,500Unit 2-210 McCaul Street$5,2003rd Floor-653 Bathurst Street$2,500653 Bathurst Street$2,500upper-6 Lennox Street$2,700

The 5 closest active listings nearby.

See all comparable homes
6,500This home5,5005,2002,5002,5002,700This home vs active comparables
Live market pulseActive comparables in University · median list $3K
48active listings nearby
19days 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

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.

Getting around

0/ 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 Google.

Almost all errands require a car.

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.

Kensington-Chinatown
$2K
Annex
$4K
Bay Street Corridor
$3K
Church-Yonge Corridor
$3K
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 da Vinci School
67%
da Vinci SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 67% meet the provincial standard
St. BrunoEQAO results not published

Affordability & Mortgage

Affordability
$30/mo
$5KIncome needed
1.3×Price ÷ income
$7Weekly 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 $30Property tax $4Total carry $34

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)
$28per month

Mortgage amount $5,200 · 4.14% over 25 years

$1,300Down payment (20.0%)
$5,200Loan before insurance
$0CMHC premium
$32Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$28
Property tax
$4
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$32

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

One-time closing costs

Ontario land transfer tax
$33
Toronto municipal land transfer tax
$33
Estimated closing costs
$65

Plus your down payment of $1,300. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$34/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

$3,125Total interest paid
$8,325Total of all payments
Principal $5,200 Interest $3,125
YearPrincipalInterestBalance
1$122$211$5,078
2$127$206$4,951
3$132$201$4,819
4$138$195$4,681
5$144$189$4,538
6$150$183$4,388
7$156$177$4,232
8$162$171$4,070
9$169$164$3,901
10$176$157$3,725
11$184$149$3,541
12$191$142$3,350
13$199$134$3,151
14$208$125$2,944
15$216$117$2,727
16$225$108$2,502
17$235$98$2,267
18$244$89$2,023
19$255$78$1,768
20$265$68$1,503
21$276$57$1,226
22$288$45$938
23$300$33$638
24$313$20$326
25$326$7$0

At the end of your 5-year term

Total paid over the term
$1,665
Principal paid down
$662
Interest paid
$1,003
Balance remaining
$4,538

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 SUTTON GROUP-ASSOCIATES REALTY INC.. MLS®/PropTx.

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