5-27 Hiawatha Road, Toronto, ON

Greenwood-Coxwell, Toronto · MLS® E13004000

$1,495/mo
For Lease
Listed 94 days ago
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1Bedrooms
1Bathrooms
0Parking
700Sq Ft

About this home

This bright and cozy one-bedroom unit offers a warm and inviting living space. The living room features a charming electric fireplace paired with hardwood floors, creating a comfortable atmosphere. The kitchen is equipped with a gas stove, fridge, built-in microwave, and washer, along with heated flooring that extends throughout both the kitchen and bathroom for added comfort. Conveniently located just steps from the shops of Queen and Gerrard, as well as TTC transit, this unit provides easy access to shopping and nearby malls. It's also within walking distance to the Beach and Queen Street, making it perfect for those who enjoy both urban convenience and a relaxed lifestyle.

Key facts

Property type
Detached, 2 1/2 Storey
MLS®
E13004000
Bedrooms
1
Bathrooms
1
Size
700 sq ft
Cross streets
Gerrard St E & Coxwell Ave
Parking
0 parking
Driveway
None
Basement
Apartment
Heating
Baseboard
A/C
None
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Days on market
94
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

KitchenBasement7.53 × 3.09 m

tile floor · window

Living RoomBasement7.53 × 3.09 m

hardwood floor · fireplace · window

Dining RoomBasement7.53 × 3.09 m

hardwood floor · combined w/living · window

BedroomBasement3.39 × 2.10 m

hardwood floor · window

Moe’s TakeTeam Asgarian · Broker
In the wider range
$1,395/moest. value

Listed at $1,495/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 5 similar rentals nearby, adjusted for size, beds, and baths.Median of 5 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 $1,395/mo
  • Adjusts to $1,395/mo

That comparable adjusts to $1,395/mo; the $1,395/mo estimate above is the median of all 5 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 Duke of Connaught Junior and Senior 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
$1,289/moBelow market$1,739/moAbove market

Total price vs nearby homes. Fair value about $1,395/mo, median of 5 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.

  • Heated floors: comfort and a premium-finish signal.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Lifestyle
Comparable listingsCurrently listed nearby in Greenwood-Coxwell · asking prices
$2,509avg asking

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

Basement-156 Gillard Avenue$1,3952-25 Glenside Avenue$2,100Lower-90 Oakvale Avenue$1,850326 Rhodes Avenue$2,400Laneway-254 Rhodes Avenue$4,800

The 5 closest active listings nearby.

See all comparable homes
1,495This home1,3952,1001,8502,4004,800This home vs active comparables
Live market pulseActive comparables in Greenwood-Coxwell · median list $2K
7active listings nearby
94days on market

92 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

Greenwood-Coxwell, 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
Willowdale East
$3K
Willowdale West
$4K

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 Duke of Connaught Junior and Senior Public School
71%
Duke of Connaught Junior and Senior Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 71% meet the provincial standard
School of Life ExperienceEQAO results not published

Affordability & Mortgage

Affordability
$7/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 $7Property tax $1Total carry $8

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)
$6per month

Mortgage amount $1,196 · 4.14% over 25 years

$299Down payment (20.0%)
$1,196Loan before insurance
$0CMHC premium
$7Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7

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

One-time closing costs

Ontario land transfer tax
$7
Toronto municipal land transfer tax
$7
Estimated closing costs
$15

Plus your down payment of $299. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8/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

$719Total interest paid
$1,915Total of all payments
Principal $1,196 Interest $719
YearPrincipalInterestBalance
1$28$49$1,168
2$29$47$1,139
3$30$46$1,108
4$32$45$1,077
5$33$44$1,044
6$34$42$1,009
7$36$41$973
8$37$39$936
9$39$38$897
10$41$36$857
11$42$34$815
12$44$33$771
13$46$31$725
14$48$29$677
15$50$27$627
16$52$25$575
17$54$23$522
18$56$20$465
19$59$18$407
20$61$16$346
21$64$13$282
22$66$10$216
23$69$8$147
24$72$5$75
25$75$2$0

At the end of your 5-year term

Total paid over the term
$383
Principal paid down
$152
Interest paid
$231
Balance remaining
$1,044

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 HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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