1416-1346 Danforth Road, Toronto, ON

Eglinton East, Toronto · MLS® E12915586

$1,900/mo
For Lease
Listed 116 days ago
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1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Welcome To Danforth Village Estates! A stunning bright , spacious, and perfectly laid-out one-bedroom condo, perched on the 14th floor. Offering smartly designed living space, sunlit & open concept with modern kitchen. This unit is the ultimate urban sanctuary for a young professional, student, or couple looking for style and convenience in the vibrant Eglinton East neighborhood. Large private balcony, full size stacked washer/dryer, and the ultimate transit hub connection.

Key facts

Property type
Condo Apartment, Loft
MLS®
E12915586
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Danforth Rd. & Eglinton Rd
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
North West
Days on market
116
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Primary BedroomMain3.12 × 2.90 m

Double Closet

Dining RoomMain4.90 × 3.20 m

combined w/living · open concept

Living RoomMain4.90 × 3.20 m

combined w/dining · w/o to balcony

KitchenMain2.30 × 2.44 m
Moe’s TakeTeam Asgarian · Broker
In the wider range
$1,950/moest. value

Listed at $1,900/mo, this rental is within the range of a wider set of rentals, but with few close matches nearby, so worth confirming with a precise CMA. 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 8 similar rentals nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $2,000/mo
  • Adjusts to $2,000/mo

That comparable adjusts to $2,000/mo; the $1,950/mo estimate above is the median of all 8 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.

The assigned public school is Knob Hill Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$930/moBelow market$2,000/moAbove market

Total price vs nearby homes. Fair value about $1,950/mo, median of 8 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.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby in Eglinton East · asking prices
$1,966avg asking

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

417-2460 Eglinton Avenue E$1,9001302-1346 Danforth Road$1,9991216-1346 Danforth Road$2,000

The 3 closest active listings nearby.

See all comparable homes
1,900This home1,9001,9992,000This home vs active comparables
Live market pulseActive comparables in Eglinton East · median list $2K
8active listings nearby
116days 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

Eglinton East, 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

0/ 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.

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.

Flemingdon Park
$2K
Henry Farm
$2K
Willowdale West
$3K
Bayview Village
$3K
North St. James Town
$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 Knob Hill Public School
57%
Knob Hill Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 57% meet the provincial standard
Alternative Scarborough Education 1EQAO results not published

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 18, 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 HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.

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