B-1188 Avenue Road, Toronto, ON

Lawrence Park South, Toronto · MLS® C13557992

$1,600/mo
For Lease
Listed 8 days ago
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◎ Directions
1Bedrooms
1Bathrooms
0Parking
700-1100Sq Ft
18 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

1-Bedroom Basement Apartment in Prime Lawrence Park South! Quiet six-plex on Avenue Rd. Large living/dining area, kitchen with appliances, coin laundry, excellent school district. Steps to TTC, shops, and amenities. Great location!

Key facts

Property type
Other, Apartment
MLS®
C13557992
Bedrooms
1
Bathrooms
1
Size
700-1100
Cross streets
Avenue Rd/Hillhurst/Eglinton
Parking
0 parking
Driveway
Available
Basement
None
Heating
Baseboard
A/C
Wall Unit(s)
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Days on market
8
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

Dining RoomGround0.00 × 0.00 m

ceramic floor · combined w/living

KitchenGround0.00 × 0.00 m

Ceramic Floor

Bedroom 2Ground0.00 × 0.00 m

parquet · closet

BedroomGround0.00 × 0.00 m

ceramic floor · closet

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 North Toronto Collegiate Institute, 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 more car-dependent spot, so buyers here typically drive. Avenue Rd at Hillhurst Blvd is about a 1-minute walk away. Worth weighing if transit access matters to you.

Comparable listingsCurrently listed nearby in Lawrence Park South · asking prices
$2,900avg asking

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

Main-42 Strathgowan Avenue$2,9902-1190 Avenue Road$2,200Upper-1162 Avenue Road$2,600312-515 Rosewell Avenue$3,299309-515 Rosewell Avenue$3,409

The 5 closest of 8 active listings nearby.

See all comparable homes
1,600This home2,9902,2002,6003,2993,409This home vs active comparables
Live market pulseActive comparables in Lawrence Park South · median list $3K
13active listings nearby
8days on market
100leased nearby · 90 days
$2Kmedian 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

Lawrence Park South, 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

22/ 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 — groceries and transit are a drive away.

🚉 Nearest transit: Avenue Rd at Hillhurst Blvd, about 72 m away

20+ transit stops11 grocery20+ dining20+ parks10 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.

Mount Pleasant West
$3K
Annex
$5K
Bay Street Corridor
$3K
Kensington-Chinatown
$3K
Church-Yonge 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 Allenby Junior Public School
78%
Allenby Junior Public SchoolPublic · Elementary · 0.2 km awayAbove the GTA average · 78% meet the provincial standard
Glenview Senior Public 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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7per month

Mortgage amount $1,280 · 4.14% over 25 years

$320Down payment (20.0%)
$1,280Loan 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
$16

Plus your down payment of $320. 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

$769Total interest paid
$2,049Total of all payments
Principal $1,280 Interest $769
YearPrincipalInterestBalance
1$30$52$1,250
2$31$51$1,219
3$33$49$1,186
4$34$48$1,152
5$35$47$1,117
6$37$45$1,080
7$38$44$1,042
8$40$42$1,002
9$42$40$960
10$43$39$917
11$45$37$872
12$47$35$825
13$49$33$776
14$51$31$725
15$53$29$671
16$55$27$616
17$58$24$558
18$60$22$498
19$63$19$435
20$65$17$370
21$68$14$302
22$71$11$231
23$74$8$157
24$77$5$80
25$80$2$0

At the end of your 5-year term

Total paid over the term
$410
Principal paid down
$163
Interest paid
$247
Balance remaining
$1,117

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-ADMIRAL REALTY INC.. MLS®/PropTx.

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