Main-212 Monarch Park Avenue, Toronto, ON

Danforth, Toronto · MLS® E12958594

$2,750/mo
For Lease
Listed 104 days ago
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3Bedrooms
1Bathrooms
1Parking
700-1100Sq Ft

About this home

LB Easy Showing. Main Floor. Private Walkout Deck & Backyard. Few Minutes Walking Distance To Greenwood Station. Backyard Entrance For This Unit. Stainless Steel Stove, Microwave, Fridge, Dishwasher. Washer/Dryer. Exclusive Use For The Back Yard, Deck, And Driveway. Because of The Tenant's Privacy, Interior Photos Are Not Provided Here. The Images Shown Are From Previous Listings For Reference Only.

Key facts

Property type
Detached, 2-Storey
MLS®
E12958594
Bedrooms
3
Bathrooms
1
Size
700-1100
Lot
16.58 × 100 ft
Cross streets
Danforth & Coxwell
Parking
1 parking
Driveway
Other
Basement
Other
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Days on market
104
Listing brokerage
BAY STREET GROUP INC.
Moe’s TakeTeam Asgarian · Broker
In line
$2,500/moest. value

Listed at $2,750/mo, this rental is within the range of comparable rentals, on the higher side. The number above is my independent estimate of value, not the asking price.

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

Based on 6 similar rentals nearby, adjusted for size, beds, and baths.Median of 6 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 $1,800/mo
  • Adjusts to $1,800/mo

That comparable adjusts to $1,800/mo; the $2,500/mo estimate above is the median of all 6 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.

On schools, this address is zoned for Earl Beatty Junior and Senior Public School, 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. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$1,900/moBelow market$2,845/moAbove market

Total price vs nearby homes. Fair value about $2,500/mo, median of 6 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.

  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$2,189avg asking

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

Lower-115 Donside Drive$1,8002nd Flr-51 Parkdale Road$2,6952nd Fl.-738 Shaw Street$2,60041 Greybeaver Trail$2,100Bsmt-37 Acheson Boulevard$1,750

The 5 closest of 6 active listings nearby.

See all comparable homes
2,750This home1,8002,6952,6002,1001,750This home vs active comparables
Live market pulseActive comparables in Toronto · median list $3K
58active listings nearby
104days on market

102 days longer than the Toronto average (2 days).

View comparable listings

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

Neighbourhood & location

Danforth, 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.

Clairlea-Birchmount
$2K
Wexford-Maryvale
$2K
Bendale
$2K
Bayview Village
$1K
Willowdale East
$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 Earl Beatty Junior and Senior Public School
87%
Earl Beatty Junior and Senior Public SchoolPublic · Elementary · 0.6 km awayHigher-rated than most nearby · 87% meet the provincial standard
School of Life ExperienceEQAO results not published

Affordability & Mortgage

Affordability
$13/mo
$4KIncome needed
0.6×Price ÷ income
$3Weekly 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 $13Property tax $2Total carry $14

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)
$12per month

Mortgage amount $2,200 · 4.14% over 25 years

$550Down payment (20.0%)
$2,200Loan before insurance
$0CMHC premium
$13Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13

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

One-time closing costs

Ontario land transfer tax
$14
Toronto municipal land transfer tax
$14
Estimated closing costs
$28

Plus your down payment of $550. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$14/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

$1,322Total interest paid
$3,522Total of all payments
Principal $2,200 Interest $1,322
YearPrincipalInterestBalance
1$52$89$2,148
2$54$87$2,095
3$56$85$2,039
4$58$83$1,981
5$61$80$1,920
6$63$78$1,857
7$66$75$1,791
8$69$72$1,722
9$72$69$1,650
10$75$66$1,576
11$78$63$1,498
12$81$60$1,417
13$84$57$1,333
14$88$53$1,245
15$91$49$1,154
16$95$46$1,059
17$99$42$959
18$103$37$856
19$108$33$748
20$112$29$636
21$117$24$519
22$122$19$397
23$127$14$270
24$132$9$138
25$138$3$0

At the end of your 5-year term

Total paid over the term
$704
Principal paid down
$280
Interest paid
$424
Balance remaining
$1,920

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 BAY STREET GROUP INC.. MLS®/PropTx.

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