Upper-1 Walter Street, Toronto, ON
The Beaches, Toronto · MLS® E13171222
About this home
Stylish, inviting, and surprisingly spacious, this fully renovated three-bedroom corner suite in the heart of the Beach is the kind of place tenants move into "for a little while"... and end up staying much longer than planned. Thoughtfully furnished and completely turnkey, you can truly just unpack your suitcase. Filled with natural light from north, south, and west-facing windows, this upper flat offers an airy, modern feel with engineered hardwood floors throughout, pot lights, updated fixtures, and a beautifully renovated bathroom featuring a double sink vanity. The functional layout includes three well-appointed bedrooms, ensuite laundry, stainless steel appliances, private entrance access, and an upper deck perfect for morning coffee or summer evenings with the BBQ going. Ideal for someone renovating a home, relocating, in-between purchases, or simply looking for an easy and comfortable furnished rental in one of Toronto's most loved neighbourhoods. Flexible lease terms may be considered, including slightly less than one year for the right tenant. Walter just has a way of feeling like home.
Key facts
- Property type
- Other, Apartment
- MLS®
- E13171222
- Bedrooms
- 3
- Bathrooms
- 1
- Size
- 700-1100
- Cross streets
- Kingston Road And Walter
- Parking
- 1 parking
- Driveway
- Private
- Basement
- None
- Heating
- Radiant
- A/C
- Central Air
- Exterior
- Brick Front
- Foundation
- Not Applicable
- Roof
- Unknown
- Sewer
- Sewer
- Days on market
- 58
- Listing brokerage
- UNION REALTY BROKERAGE INC.
Rooms
NW View
Listed at $3,500/mo, this rental is about 13% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.
In The Beaches lately, landlords have been getting about 99% of asking and homes lease in about 30 days.
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 77 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 77 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The listing gives square footage as a wide range, so the size adjustment (and this estimate) is approximate; confirming exact size would sharpen it.
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, leased for $3,300/mo
- Adjusts to $3,300/mo
That comparable adjusts to $3,300/mo; the $3,092/mo estimate above is the median of all 77 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.
On schools, this address is zoned for Malvern Collegiate Institute, 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 very walkable address with everyday errands close by. Glen Manor Drive is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $3,092/mo, median of 77 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
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing. 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 homesOn the market now.
View comparable listingsNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
The Beaches, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Walker's ParadiseA 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 OpenStreetMap contributors.
Most daily errands can be done on foot.
🚉 Nearest transit: Glen Manor Drive, about 122 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 23, 2026); conventional rates run a little higher.
Mortgage amount $2,800 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $15
- Property tax
- $2
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $17
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18
- Toronto municipal land transfer tax
- $18
- Estimated closing costs
- $35
Plus your down payment of $700. 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
- $897
- Principal paid down
- $357
- Interest paid
- $540
- Balance remaining
- $2,443
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 UNION REALTY BROKERAGE INC.. MLS®/PropTx.