C-60 Jones Avenue, Toronto, ON

South Riverdale, Toronto · MLS® E13246466

$3,825/mo
For Lease
Listed 48 days ago
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3Bedrooms
2Bathrooms
0Parking
700-1100Sq Ft

About this home

For Rent - 60 Jones Ave, Unit C. 12 Months of Street Parking Included + $500 Utilities Credit. Bright, beautifully finished 2024-built purpose-built rental in the heart of Leslieville. This 3-bedroom, 2-bathroom main-floor home offers approximately 1,100 sq. ft. of modern living, occupying the entire floor for exceptional privacy. The open-concept kitchen, dining and living area features a large island, full-size stainless steel appliances, and walks out to a private elevated rear deck. Enjoy your own covered front porch plus private front and rear entrances. Features: Approx. 1,100 sq. ft. 3 bedrooms, 2 full bathrooms Primary bedroom with 5-piece ensuite Tall ceilings & oversized windows Built-in closets & storage throughout Ductless heating & A/C in every room Energy-efficient, soundproof construction Private outdoor storage shed Separately metered utilities. Steps to Leslie Grove & Greenwood Parks, Queen & Gerrard East, cafés, restaurants, TTC, bike routes, Loblaws, FreshCo and Farm Boy. Immediate occupancy available. Non-smoking. Pets considered.

Key facts

Property type
Detached, 3-Storey
MLS®
E13246466
Bedrooms
3
Bathrooms
2 (1 half)
Size
700-1100
Cross streets
Queen ST. East and Jones Ave
Parking
0 parking
Driveway
Other
Basement
None
Heating
Heat Pump
A/C
Wall Unit(s)
Exterior
Brick
Foundation
Concrete
Roof
Membrane
Sewer
Sewer
Days on market
48
Listing brokerage
ICI SOURCE REAL ASSET SERVICES INC.

Rooms

BedroomMain3.25 × 3.25 m
Moe’s TakeTeam Asgarian · Broker
Above comparables
$2,992/moest. value

Listed at $3,825/mo, this rental is about 28% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In South Riverdale lately, landlords have been getting about 99% of asking and homes lease in about 25 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.

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

Based on 71 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 71 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 $3,100/mo
  • Adjusts to $3,100/mo

That comparable adjusts to $3,100/mo; the $2,992/mo estimate above is the median of all 71 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.

The assigned public school is Bruce Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$2,550/moBelow market$3,825/moAbove market

Total price vs nearby homes. Fair value about $2,992/mo, median of 71 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.

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby · asking prices
$3,338avg asking

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

Main-278 Campbell Avenue$3,2505-148 Glenlake Avenue$3,0001-16 Scarth Road$5,0004-263 Boston Avenue$2,100

The 4 closest active listings nearby.

See all comparable homes
3,825This home3,2503,0005,0002,100This home vs active comparables
Live market pulseActive comparables in South Riverdale · median list $4K
6active listings nearby
48days on market
45leased nearby · 90 days
$4Kmedian leased price
99%of asking, on average

47 days longer than the Toronto average (1 days).

View comparable listings

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

Neighbourhood & location

South Riverdale, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Dovercourt-Wallace Emerson-Junction
$2K
Briar Hill-Belgravia
$3K
Tam O'Shanter-Sullivan
$2K
Bayview Village
$3K
Willowdale West
$11K

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 Bruce Public School
68%
Bruce Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 68% meet the provincial standard
Danforth Collegiate and Technical InstituteEQAO results not published

Affordability & Mortgage

Affordability
$17/mo
$4KIncome needed
0.9×Price ÷ income
$4Weekly 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 $17Property tax $2Total carry $20

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$16per month

Mortgage amount $3,060 · 4.14% over 25 years

$765Down payment (20.0%)
$3,060Loan before insurance
$0CMHC premium
$19Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$19

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

One-time closing costs

Ontario land transfer tax
$19
Toronto municipal land transfer tax
$19
Estimated closing costs
$38

Plus your down payment of $765. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$20/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

$1,839Total interest paid
$4,899Total of all payments
Principal $3,060 Interest $1,839
YearPrincipalInterestBalance
1$72$124$2,988
2$75$121$2,914
3$78$118$2,836
4$81$115$2,755
5$84$111$2,670
6$88$108$2,582
7$92$104$2,491
8$95$100$2,395
9$99$96$2,296
10$104$92$2,192
11$108$88$2,084
12$113$83$1,972
13$117$79$1,854
14$122$74$1,732
15$127$69$1,605
16$133$63$1,472
17$138$58$1,334
18$144$52$1,190
19$150$46$1,041
20$156$40$884
21$163$33$722
22$169$26$552
23$177$19$376
24$184$12$192
25$192$4$0

At the end of your 5-year term

Total paid over the term
$980
Principal paid down
$390
Interest paid
$590
Balance remaining
$2,670

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 ICI SOURCE REAL ASSET SERVICES INC.. MLS®/PropTx.

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