108-111 Cosburn Avenue, Toronto, ON

Danforth Village-East York, Toronto · MLS® E12893056

$1,715/mo
For Lease
Listed 127 days ago
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1Bathrooms
1Garage
0-499Sq Ft

About this home

Bright and beautifully renovated bachelor suite in the heart of East York! This open-concept unit offers approximately 440 sq. ft. of thoughtfully designed living space, featuring modern finishes and a functional layout perfect for urban living. The contemporary kitchen is equipped with stainless steel appliances, quartz countertops, and a convenient breakfast bar, while the updated 4-piece bathroom showcases sleek cabinetry and modern fixtures. Residents enjoy a well-maintained building with controlled access, on-site laundry facilities, and optional indoor and outdoor parking. Ideally located just minutes from Pape TTC Station, this property offers easy access to transit, shops, restaurants, and everyday amenities along the Danforth. Enjoy nearby green spaces including Lower Don Parklands and Taylor Creek Dog Park, perfect for outdoor recreation. With a strong Walk Score and convenient transit options, this location offers the perfect balance of comfort, convenience, and vibrant city living. An excellent opportunity for first-time renters, students, or professionals seeking a stylish and well-connected Toronto address. Parking is rental and at $120. Heat is included. Water and Hydro are extra. Please note, some photos have been virtually staged and are also of typical similar units within the building

Key facts

Property type
Condo Apartment, Apartment
MLS®
E12893056
Bathrooms
1
Size
0-499
Cross streets
Pape & Cosburn
Parking
1 garage (underground)
Basement
None
Heating
Radiant
A/C
None
Exterior
Brick
Exposure
West
Days on market
127
Listing brokerage
VALERY REAL ESTATE INC.

Rooms

Living RoomFlat6.45 × 3.39 m

vinyl floor · window

KitchenFlat2.18 × 2.89 m

open concept · quartz counter · stainless steel appl

Moe’s TakeTeam Asgarian · Broker
In line
$1,886/moest. value

Listed at $1,715/mo, this rental is within the range of comparable rentals, on the lower side. The number above is my independent estimate of value, not the asking price.

In Danforth Village-East York lately, landlords have been getting about 99% of asking and homes lease in about 16 days.

There were not many closely comparable homes right in Danforth Village-East York, so I widened the search to the surrounding area.

Based on 9 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 9 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 $1,349/mo
  • Adjusts to $1,349/mo

That comparable adjusts to $1,349/mo; the $1,886/mo estimate above is the median of all 9 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 Westwood Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$1,588/moBelow market$1,941/moAbove market

Total price vs nearby homes. Fair value about $1,886/mo, median of 9 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
  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1,876avg asking

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

917-51 Trolley Crescent$1,800926-28 Eastern Avenue$1,880111-8 Tippett Road$1,9001815-77 Shuter Street$1,9002111-15 Lower Jarvis Street$1,900

The 5 closest of 8 active listings nearby.

See all comparable homes
1,715This home1,8001,8801,9001,9001,900This home vs active comparables
Live market pulseActive comparables in Toronto · median list $3K
98active listings nearby
127days 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

Danforth Village-East York, 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.

Regent Park
$3K
Church-Yonge Corridor
$3K
Moss Park
$2K
Bay Street Corridor
$3K
Waterfront Communities C8
$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 William Burgess Elementary School
59%
William Burgess Elementary SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 59% meet the provincial standard
East York Alternative Secondary SchoolEQAO results not published

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 $1,372 · 4.14% over 25 years

$343Down payment (20.0%)
$1,372Loan 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
$9
Toronto municipal land transfer tax
$9
Estimated closing costs
$17

Plus your down payment of $343. 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

$824Total interest paid
$2,196Total of all payments
Principal $1,372 Interest $824
YearPrincipalInterestBalance
1$32$56$1,340
2$33$54$1,306
3$35$53$1,271
4$36$52$1,235
5$38$50$1,197
6$39$48$1,158
7$41$47$1,117
8$43$45$1,074
9$45$43$1,029
10$46$41$983
11$48$39$934
12$50$37$884
13$53$35$831
14$55$33$777
15$57$31$720
16$59$28$660
17$62$26$598
18$65$23$534
19$67$21$467
20$70$18$397
21$73$15$324
22$76$12$248
23$79$9$168
24$82$5$86
25$86$2$0

At the end of your 5-year term

Total paid over the term
$439
Principal paid down
$175
Interest paid
$265
Balance remaining
$1,197

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 VALERY REAL ESTATE INC.. MLS®/PropTx.

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