#upper-613 Delaware Avenue, Toronto, ON

Wychwood, Toronto · MLS® C13559450

$1,900/mo
For Lease
Listed 9 days ago
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1Bedrooms
1Bathrooms
0Parking
1100-1500Sq Ft

About this home

Welcome to this freshly renovated 1-bedroom, 1-bathroom second-floor apartment in the heart of the Wychwood community! This sun-drenched unit is perfect for a professional or a couple looking to enjoy this vibrant, artsy, character-filled midtown/west neighborhood. The entire property has been freshly painted, giving it a bright and inviting feel. The fully renovated kitchen (2025) features brand-new millwork and appliances, complemented by a charming barn-style design with open-top shelves cabinetry, gas-stove, and a sink window. The west-facing living room boasts a brand-new bay window, capturing abundant afternoon sunlight and stunning sunset hues. The bedroom overlooks the cozy backyard and includes a B/I closet. Ample storage space is available throughout the unit. The unit comes with central heat and A/C. Additional window and portable A/C units have been added for more comfort on hot summer days. Pet friendly apartment! Laundry is available in the basement (shared with the main floor). Street parking is available through the City of Toronto. Steps to TTC buses and Sovereign Coffee shop. A 5-minute walk to Geary Ave with all the bars, breweries, and restaurants, as well as Geary Ave and Bartlett parkettes. Minutes to Ossington Subway Station (line 2), Wychwood tennis courts, No Frills, FreshCo, LCBO, and lots of local shops! ***Tenant pays $125/mo flat fee for all utilities including hydro, heat, water, garbage removal***

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
C13559450
Bedrooms
1
Bathrooms
1
Size
1100-1500
Lot
15.04 × 86.5 ft
Cross streets
Davenport/Ossington
Parking
0 parking
Driveway
Street Only
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
9
Listing brokerage
THE AGENCY

Rooms

KitchenSecond4.72 × 1.00 m

b/i shelves · window · custom counter

Living RoomSecond3.94 × 3.37 m

bay window · west view · closet

Primary BedroomSecond3.34 × 2.77 m

overlooks backyard · closet · east view

BathroomSecond2.00 × 1.68 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,276/moest. value

Listed at $1,900/mo, this rental is about 17% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

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

Based on 7 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 7 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 $3,130/mo
  • Bedrooms −$150/mo
  • Bathrooms −$100/mo
  • Adjusts to $2,880/mo

That comparable adjusts to $2,880/mo; the $2,276/mo estimate above is the median of all 7 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.

List price
$1,900/moBelow market$2,739/moAbove market

Total price vs nearby homes. Fair value about $2,276/mo, median of 7 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
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$1,666avg asking

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

Walk out BSMT-94 Micmac Crescent$1,780LOWER / BSMT-402 Kingston Road$1,700BSMT-24 Dairy Drive$1,700Ground-290 Mcnicoll Avenue$1,700Lower-1538 Davenport Road$1,450

The 5 closest of 8 active listings nearby.

See all comparable homes
1,900This home1,7801,7001,7001,7001,450This home vs active comparables
Live market pulseActive comparables in Wychwood · median list $4K
9active listings nearby
9days on market

4 days longer than the Toronto average (5 days).

View comparable listings

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

Neighbourhood & location

Wychwood, Toronto, ON

Nearby neighbourhoods

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

Dovercourt-Wallace Emerson-Junction
$2K
Palmerston-Little Italy
$2K
Trinity-Bellwoods
$3K
Little Portugal
$4K
South Riverdale
$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) →

Affordability & Mortgage

Affordability
$9/mo
$4KIncome needed
0.5×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 $9Property tax $1Total carry $10

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)
$8per month

Mortgage amount $1,520 · 4.14% over 25 years

$380Down payment (20.0%)
$1,520Loan before insurance
$0CMHC premium
$9Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9

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

One-time closing costs

Ontario land transfer tax
$10
Toronto municipal land transfer tax
$10
Estimated closing costs
$19

Plus your down payment of $380. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10/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

$913Total interest paid
$2,433Total of all payments
Principal $1,520 Interest $913
YearPrincipalInterestBalance
1$36$62$1,484
2$37$60$1,447
3$39$59$1,409
4$40$57$1,368
5$42$55$1,326
6$44$54$1,283
7$46$52$1,237
8$47$50$1,190
9$49$48$1,140
10$51$46$1,089
11$54$44$1,035
12$56$41$979
13$58$39$921
14$61$37$860
15$63$34$797
16$66$31$731
17$69$29$663
18$71$26$591
19$74$23$517
20$78$20$439
21$81$17$358
22$84$13$274
23$88$10$187
24$91$6$95
25$95$2$0

At the end of your 5-year term

Total paid over the term
$487
Principal paid down
$194
Interest paid
$293
Balance remaining
$1,326

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 THE AGENCY. MLS®/PropTx.

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