22-50 Cambridge Avenue, Toronto, ON
Playter Estates-Danforth, Toronto · MLS® E13115840
About this home
Prime Location, Fantastic Opportunity To Lease This Newly Renovated Junior 1 Bedroom/1 Bathroom Unit With Awesome Tree-Lined North Views. Features Include: Quiet Building, On-Site Property Management, Balcony, 4-Piece Bathroom, Excellent Layout. Steps To Broadview Subway Station, Don Valley River Park, Shops, Restaurants, UofT, DVP And QEW. Perfect For University Students, Professionals And Small Families.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- E13115840
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 0-499
- Cross streets
- Broadview/Danforth
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Other
- A/C
- None
- Exterior
- Brick
- Exposure
- North
- Days on market
- 71
- Listing brokerage
- BIG CITY REALTY INC.
Rooms
combined w/dining · w/o to balcony · renovated
Renovated
picture window · closet
Listed at $1,895/mo, this rental is about 11% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.
In Playter Estates-Danforth lately, landlords have been getting about 99% of asking and homes lease in about 32 days.
There were not many closely comparable homes right in Playter Estates-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.
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 $1,890/mo
- Adjusts to $1,890/mo
That comparable adjusts to $1,890/mo; the $2,125/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.
Total price vs nearby homes. Fair value about $2,125/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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesOn the market now.
View comparable listingsNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Playter Estates-Danforth, Toronto, ON
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.
Mortgage amount $1,516 · 4.14% over 25 years
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
- $9
- Toronto municipal land transfer tax
- $9
- Estimated closing costs
- $19
Plus your down payment of $379. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $485
- Principal paid down
- $193
- Interest paid
- $292
- Balance remaining
- $1,323
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.
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BIG CITY REALTY INC.. MLS®/PropTx.