Main-193 Heath Street, Toronto, ON

Casa Loma, Toronto · MLS® C13570010

$5,495/mo
For Lease
Listed 4 days ago
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3Bedrooms
2Bathrooms
1Garage · 3 parking
1500-2000Sq Ft

About this home

Welcome to Heath Manor at 193 Heath Street West, an extraordinary main floor residence in the heart of prestigious Forest Hill Village offering 1,745 sq. ft. of luxurious living space. Set within a grand turn-of-the-century home on a quiet, tree-lined street, this beautifully renovated 3-bedroom, 2-bathroom suite seamlessly blends timeless character with modern sophistication. Flooded with natural light, the thoughtfully designed layout features grand principal rooms, beautiful wood flooring throughout, a decorative fireplace, central air conditioning, ensuite stacked laundry, and an upgraded open-concept kitchen complete with stainless steel appliances that flows effortlessly into the dining area-perfect for both everyday living and entertaining. The spacious primary retreat features a 3-piece ensuite, built-in closets, and walk-out access to a private rear garden patio, while the versatile third bedroom can easily serve as an elegant sunroom, solarium, home office, or guest/3rd bedroom. One of this home's most exceptional features is its two private outdoor living spaces-a charming covered front porch accessed from the kitchen and dining area, and a beautifully landscaped multi-level rear garden patio, creating your own private oasis in the city. Generously sized bedrooms, built-in closets, pot lights, designer chrome light fixtures, roller shades, and additional storage complete this remarkable offering. Located just steps from Forest Hill Village's boutique shops, fine dining, private schools including Upper Canada College and Bishop Strachan School, beautiful city parks, the St. Clair West streetcar, and TTC subway access, this residence offers an unparalleled lifestyle in one of Toronto's most coveted neighbourhoods. Detached garage parking is included, and utilities are a convenient flat fee of just $200 per month. Rarely does a home of this size, character, and quality become available for lease - don't miss the opportunity to call Heath Manor home.

Key facts

Property type
Other, 3-Storey
MLS®
C13570010
Bedrooms
3
Bathrooms
2
Size
1500-2000
Cross streets
St Clair/Spadina
Parking
1 garage · 3 parking (detached)
Driveway
Private
Basement
Apartment
Heating
Radiant
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Other
Roof
Unknown
Sewer
Sewer
Days on market
4
Listing brokerage
RE/MAX HALLMARK REALTY LTD.
Moe’s TakeTeam Asgarian · Broker
Below the wider set
$7,052/moest. value

Listed at $5,495/mo, this rental is tracking about 22% 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 20 similar rentals nearby, adjusted for size, beds, and baths.Median of 20 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 $3,400/mo
  • Size difference +$1,762/mo
  • Bedrooms +$150/mo
  • Bathrooms +$100/mo
  • Adjusts to $5,412/mo

That comparable adjusts to $5,412/mo; the $7,052/mo estimate above is the median of all 20 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.

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

On location, this is a very walkable address with everyday errands close by. Spadina Rd at Heath St West is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$5,495/moBelow market$7,671/moAbove market

Total price vs nearby homes. Fair value about $7,052/mo, median of 20 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.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$4,329avg asking

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

67 Elvaston Drive$3,80042-99 The Queensway$4,200235-4001 Don Mills Road$3,000132 Major Street$7,49556 Marcos Boulevard$3,150

The 5 closest of 8 active listings nearby.

See all comparable homes
5,495This home3,8004,2003,0007,4953,150This home vs active comparables
Live market pulseActive comparables in Casa Loma · median list $3K
23active listings nearby
4days 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

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.

Getting around

82/ 100

Very WalkableA 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: Spadina Rd at Heath St West, about 120 m away

20+ transit stops5 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.

Mount Pleasant West
$2K
Church-Yonge Corridor
$3K
North St. James Town
$4K
Bay Street Corridor
$3K
Kensington-Chinatown
$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 Brown Junior Public School
86%
Brown Junior Public SchoolPublic · Elementary · 0.8 km awayHigher-rated than most nearby · 86% meet the provincial standard

Affordability & Mortgage

Affordability
$25/mo
$5KIncome needed
1.1×Price ÷ income
$6Weekly 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 $25Property tax $3Total carry $28

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$23per month

Mortgage amount $4,396 · 4.14% over 25 years

$1,099Down payment (20.0%)
$4,396Loan before insurance
$0CMHC premium
$27Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$23
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$27

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

One-time closing costs

Ontario land transfer tax
$27
Toronto municipal land transfer tax
$27
Estimated closing costs
$55

Plus your down payment of $1,099. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$28/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

$2,642Total interest paid
$7,038Total of all payments
Principal $4,396 Interest $2,642
YearPrincipalInterestBalance
1$103$179$4,293
2$107$174$4,186
3$112$170$4,074
4$116$165$3,957
5$121$160$3,836
6$126$155$3,710
7$132$150$3,578
8$137$144$3,441
9$143$139$3,298
10$149$133$3,149
11$155$126$2,994
12$162$120$2,832
13$168$113$2,664
14$175$106$2,488
15$183$99$2,306
16$190$91$2,115
17$198$83$1,917
18$207$75$1,710
19$215$66$1,495
20$224$57$1,271
21$234$48$1,037
22$243$38$793
23$254$28$540
24$264$17$275
25$275$6$0

At the end of your 5-year term

Total paid over the term
$1,408
Principal paid down
$560
Interest paid
$848
Balance remaining
$3,836

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 HALLMARK REALTY LTD.. MLS®/PropTx.

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