1 Milne Avenue, Toronto, ON
Oakridge, Toronto · MLS® E13169372
About this home
Located in a quiet, friendly neighborhood, this cozy one-bedroom basement unit is bright and welcoming. It features a spacious open concept living area, bright updated bathroom, a large functional kitchen with a dishwasher and ceramic cooktop stove & a wonderful covered patio.You'll have the comfort of a responsive landlord living upstairs, providing peace of mind and ensuring the home is well-maintained. With a private entrance and shared laundry access, the unit offers both privacy and convenience. Just steps away from Warden Subway Station and major transit routes,you'll have easy access to Golden Mile shopping, grocery stores and local green spaces for peaceful walks (Gus Harris Trail), nearby fitness centers and community programs, as well as medical/dental and wellness facilities nearby. This unit is ideal for a single professional or retiree, fully furnished, and ready for you to move in and enjoy. Tenant responsible for 30%of utilities cost per month. no parking available. Note, the landlord has a very lrg dog.
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- E13169372
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 1100-1500
- Cross streets
- Warden and Danforth
- Parking
- 0 parking
- Driveway
- None
- Basement
- Apartment, Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Unknown
- Roof
- Unknown
- Sewer
- Sewer
- Days on market
- 54
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
laminate · open concept
laminate · above grade window
window · eat-in kitchen · combined w/living
Listed at $1,350/mo, this rental is tracking about 18% below a wider set of rentals, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 7 similar rentals nearby, adjusted for size, beds, and baths.Median of 7 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
- Bedrooms −$150/mo
- Adjusts to $1,650/mo
That comparable adjusts to $1,650/mo; the $1,650/mo estimate above is the median of all 7 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 Birchmount Park Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Danforth Rd at Warden Ave is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $1,650/mo, median of 7 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.
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
- Lifestyle
- Worth verifying
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 homes52 days longer than the Toronto average (2 days).
View comparable listingsNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Oakridge, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
WalkableA 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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Danforth Rd at Warden Ave, about 92 m away
Within a 15-minute (1.5 km) walk.
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) →
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.
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 18, 2026); conventional rates run a little higher.
Mortgage amount $1,080 · 4.14% over 25 years
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
- $14
Plus your down payment of $270. 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
- $346
- Principal paid down
- $138
- Interest paid
- $208
- Balance remaining
- $942
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 ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.