325-398 Avenue Road, Toronto, ON

Casa Loma, Toronto · MLS® C13508892

$1,695/mo
For Lease
Listed 21 days ago
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1Bathrooms
0Parking
0-499Sq Ft

About this home

*** TWO FREE MONTHS on a 2 year lease or ONE MONTH FREE on a 1 year lease *** PLUS $750 credit in 3rd month *** Students, Professionals, and Newcomers welcome *** Rent controlled building *** Quick move ins can be accommodated *** Utilities included (heat, hydro, water) *** Located in the prestigious Forest Hill in the heart of the city, this charming building combines character suites and rental value. Minutes to shopping, restaurants, transportation and proximity to areas like: The Annex, Yorkville and the downtown financial district. Newly renovated apartments with all updated appliances and hardwood flooring. Laundry facilities in building. Trendy bistro and convenient store in the adjacent building.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13508892
Bathrooms
1
Size
0-499
Cross streets
St Clair Ave W and Avenue Rd
Parking
0 parking
Basement
None
Heating
Radiant
A/C
Other
Exterior
Brick
Exposure
South
Days on market
21
Listing brokerage
RE/MAX REALTRON REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,150/moest. value

Listed at $1,695/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 Casa Loma lately, landlords have been getting about 99% of asking and homes lease in about 14 days.

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

Based on 22 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 22 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 $2,150/mo
  • Adjusts to $2,150/mo

That comparable adjusts to $2,150/mo; the $2,150/mo estimate above is the median of all 22 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.

Its public catchment (Brown Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

List price
$1,695/moBelow market$2,250/moAbove market

Total price vs nearby homes. Fair value about $2,150/mo, median of 22 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
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Comparable listingsCurrently listed nearby in Casa Loma · asking prices
$1,984avg asking

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

215-396 Avenue Road$1,695606-501 St. Clair Avenue$1,895423-398 Avenue Road$1,950105-2 Clarendon Avenue$2,395

The 4 closest active listings nearby.

See all comparable homes
1,695This home1,6951,8951,9502,395This home vs active comparables
Live market pulseActive comparables in Casa Loma · median list $2K
19active listings nearby
21days on market
100leased nearby · 90 days
$3Kmedian leased price
99%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

Casa Loma, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Annex
$2K
Bay Street Corridor
$2K
North St. James Town
$2K
Church-Yonge Corridor
$2K
Moss Park
$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 Brown Junior Public School
86%
Brown Junior Public SchoolPublic · Elementary · 0.3 km awayHigher-rated than most nearby · 86% meet the provincial standard

Affordability & Mortgage

Affordability
$8/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 $8Property tax $1Total carry $9

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)
$7per month

Mortgage amount $1,356 · 4.14% over 25 years

$339Down payment (20.0%)
$1,356Loan before insurance
$0CMHC premium
$8Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8

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
$17

Plus your down payment of $339. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9/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

$815Total interest paid
$2,171Total of all payments
Principal $1,356 Interest $815
YearPrincipalInterestBalance
1$32$55$1,324
2$33$54$1,291
3$34$52$1,257
4$36$51$1,221
5$37$49$1,183
6$39$48$1,144
7$41$46$1,104
8$42$45$1,061
9$44$43$1,017
10$46$41$971
11$48$39$924
12$50$37$874
13$52$35$822
14$54$33$768
15$56$30$711
16$59$28$652
17$61$26$591
18$64$23$528
19$66$20$461
20$69$18$392
21$72$15$320
22$75$12$245
23$78$9$166
24$82$5$85
25$85$2$0

At the end of your 5-year term

Total paid over the term
$434
Principal paid down
$173
Interest paid
$261
Balance remaining
$1,183

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.

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