118 Rainsford Road, Toronto, ON
The Beaches, Toronto · MLS® E13457560
About this home
Welcome to your new home on Rainsford Rd. Located in the highly sought after Beach Triangle, Rainsford is known for friendly neighbours, street gatherings and children running outdoors. Recently renovated and well maintained, this 3 +1 bdrm, semi detached brick home is an entertainers delight featuring a Valor gas fireplace, open concept main floor and backyard oasis with a BBQ. The finished basement boasts a 4-pc washroom, family room, additional bedroom, laundry room with a sink and a storage room. The front facing driveway makes parking a breeze and the coveted garage provides ample storage. Enjoy the ultimate Beach life - live walking distance to the water, playgrounds, schools, music venue, and notable restaurants and shops on Queen St East. A true escape from the city without the lengthy commute. The streetcar and bus is at your doorstep and Lakeshore and the DVP is just a few minutes drive. Work in process: New LED lights on the main floor, painting main floor, new shower head in the downstairs bathroom.
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- E13457560
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2
- Size
- 1100-1500
- Lot
- 33.5 × 96 ft
- Cross streets
- Woodbine Ave / Kingston Rd
- Parking
- 1 garage · 2 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Brick
- Roof
- Shingles
- Sewer
- Sewer
- Days on market
- 34
- Listing brokerage
- KELLER WILLIAMS ADVANTAGE REALTY
Rooms
broadloom · above grade window · 4 pc bath
hardwood floor · window · closet
hardwood floor · overlooks backyard
hardwood floor · large window · closet
hardwood floor · fireplace
hardwood floor · w/o to deck
hardwood floor · bay window
broadloom · pot lights · closet
hardwood floor · window · closet
stainless steel appl · breakfast bar · pot lights
Listed at $5,450/mo, this rental is about 30% 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 100% of asking and homes lease in about 16 days.
There were not many closely comparable homes right in The Beaches, so I widened the search to the surrounding area.
Based on 97 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 97 recently leased comparable homes — actual closing prices, not asks — 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, leased for $3,680/mo
- Adjusts to $3,680/mo
That comparable adjusts to $3,680/mo; the $4,200/mo estimate above is the median of all 97 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.
Its public catchment (Norway Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, this is a very walkable address with everyday errands close by. Rainsford Road is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $4,200/mo, median of 97 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Open-concept layout: modern, sought-after flow.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Value driver
- Lifestyle
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homes28 days longer than the Toronto average (6 days).
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 Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Rainsford Road, about 28 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 22, 2026); conventional rates run a little higher.
Mortgage amount $4,360 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $23
- Property tax
- $3
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $27
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $27
- Toronto municipal land transfer tax
- $27
- Estimated closing costs
- $55
Plus your down payment of $1,090. 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
- $1,396
- Principal paid down
- $555
- Interest paid
- $841
- Balance remaining
- $3,805
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 KELLER WILLIAMS ADVANTAGE REALTY. MLS®/PropTx.