19 Longboat Avenue, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13502212

$4,450/mo
For Lease
Listed 22 days ago
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4Bedrooms
2Bathrooms
1Garage
1100-1500Sq Ft
8 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Welcome to 19 Longboat Avenue, a fully furnished three-storey freehold townhouse located in the heart of downtown Toronto. The main floor features 9-foot ceilings, an open-concept living and dining area, a modern kitchen with breakfast bar, ample storage, and a walkout to a spacious front patio. The ground level offers a built-in single-car garage with direct access to the home through the unfinished basement, which includes laundry and additional storage space. The third floor is dedicated to the primary bedroom retreat, complete with a full bathroom, den, and city views. Steps to St. Lawrence Market, transit, restaurants, shops, and all downtown amenities. A rare opportunity to enjoy convenient urban living in a highly desirable location.

Key facts

Property type
Townhouse, 3-Storey
MLS®
C13502212
Bedrooms
4 (3 + 1)
Bathrooms
2
Size
1100-1500
Lot
15 × 52 ft
Cross streets
E. Lower Sherbourne St. & N. Gardiner Expy
Parking
1 garage (built-in)
Driveway
None
Basement
Unfinished, Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
22
Listing brokerage
UNION CAPITAL REALTY

Rooms

DenThird2.00 × 2.00 m

laminate · juliette balcony · open concept

Dining RoomFlat5.64 × 3.20 m

laminate · combined w/living · open concept

Bedroom 3Second5.28 × 2.06 m

laminate · closet · window

Primary BedroomThird5.54 × 3.71 m

laminate · window · closet

Bedroom 2Second4.06 × 2.18 m

laminate · window · closet

KitchenFlat3.40 × 2.44 m

ceramic floor · open concept · breakfast bar

Living RoomFlat5.64 × 3.20 m

laminate · w/o to patio · pot lights

Moe’s TakeTeam Asgarian · Broker
In line
$3,969/moest. value

Listed at $4,450/mo, this rental is within the range of comparable rentals, on the higher side. The number above is my independent estimate of value, not the asking price.

In Waterfront Communities C8 lately, landlords have been getting about 98% of asking and homes lease in about 21 days. Rents are up 3% versus a year ago.

There were not many closely comparable homes right in Waterfront Communities C8, so I widened the search to the surrounding area.

Based on 80 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 80 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 $4,250/mo
  • Bedrooms +$150/mo
  • Bathrooms −$100/mo
  • Adjusts to $4,300/mo

That comparable adjusts to $4,300/mo; the $3,969/mo estimate above is the median of all 80 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 Market Lane 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. Bus stop is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$3,189/moBelow market$4,560/moAbove market

Total price vs nearby homes. Fair value about $3,969/mo, median of 80 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$3,658avg asking

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

2-3-281 Augusta Avenue$3,975167 Downsview Park Boulevard$3,70027 Spruce Pines Crescent$3,300

The 3 closest active listings nearby.

See all comparable homes
4,450This home3,9753,7003,300This home vs active comparables
Live market pulseActive comparables in Toronto · median list $4K
51active listings nearby
22days on market
18leased nearby · 90 days
$4Kmedian leased price
98%of asking, on average
+3%vs a year ago

10 days longer than the Toronto average (12 days).

View comparable listings

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

Neighbourhood & location

Waterfront Communities C8, 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

90/ 100

Walker's ParadiseA 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: Bus stop, about 157 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.

Moss Park
$2K
South Riverdale
$5K
Kensington-Chinatown
$4K
Niagara
$4K
Trinity-Bellwoods
$6K

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 Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 0.2 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$20/mo
$5KIncome needed
1.0×Price ÷ income
$5Weekly 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 $20Property tax $3Total carry $23

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$19per month

Mortgage amount $3,560 · 4.14% over 25 years

$890Down payment (20.0%)
$3,560Loan before insurance
$0CMHC premium
$22Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$19
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$22

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

One-time closing costs

Ontario land transfer tax
$22
Toronto municipal land transfer tax
$22
Estimated closing costs
$45

Plus your down payment of $890. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$23/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

$2,139Total interest paid
$5,699Total of all payments
Principal $3,560 Interest $2,139
YearPrincipalInterestBalance
1$83$145$3,477
2$87$141$3,390
3$91$137$3,299
4$94$134$3,205
5$98$130$3,107
6$102$126$3,004
7$107$121$2,898
8$111$117$2,787
9$116$112$2,671
10$121$107$2,550
11$126$102$2,425
12$131$97$2,294
13$136$92$2,157
14$142$86$2,015
15$148$80$1,867
16$154$74$1,713
17$161$67$1,552
18$167$61$1,385
19$174$54$1,211
20$182$46$1,029
21$189$39$840
22$197$31$642
23$205$23$437
24$214$14$223
25$223$5$0

At the end of your 5-year term

Total paid over the term
$1,140
Principal paid down
$453
Interest paid
$686
Balance remaining
$3,107

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 UNION CAPITAL REALTY. MLS®/PropTx.

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