1 Mozart Avenue, Toronto, ON

Ionview, Toronto · MLS® E13488284

$4,000/mo
For Lease
Listed 27 days ago
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5Bedrooms
2Bathrooms
4Parking
1100-1500Sq Ft

About this home

Located On A Quiet Street In The Desirable Ionview Community, This Well-Maintained Detached Brick Bungalow Offers Comfortable Living In A Convenient Location Close To Schools, Shopping, Parks, TTC, And The Upcoming Eglinton LRT. The Home offers 3 Bedrooms on the main level with 1 Bathroom. A Separate Side Entrance Leads To A Fully Finished Basement With A Second Kitchen, Large Living Area, Two Additional Bedrooms, A 3-Piece Bathroom, and Laundry. Enjoy A Large Private Driveway With Parking For Up To Four Vehicles. A Great Opportunity For Families in a Convenient Toronto Location.

Key facts

Property type
Detached, Bungalow
MLS®
E13488284
Bedrooms
5 (3 + 2)
Bathrooms
2
Size
1100-1500
Lot
49.08 × 110 ft
Cross streets
Birchmount Rd & Eglinton Ave
Parking
4 parking
Basement
Separate Entrance, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Brick
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Days on market
27
Listing brokerage
RIGHT AT HOME REALTY
Moe’s TakeTeam Asgarian · Broker
Above comparables
$3,703/moest. value

Listed at $4,000/mo, this rental is about 8% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In Ionview lately, landlords have been getting about 100% of asking and homes lease in about 29 days. Rents are up 3% versus a year ago.

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

Based on 46 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 46 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 $3,750/mo
  • Bedrooms +$150/mo
  • Adjusts to $3,900/mo

That comparable adjusts to $3,900/mo; the $3,703/mo estimate above is the median of all 46 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 Ionview 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
$3,350/moBelow market$4,000/moAbove market

Total price vs nearby homes. Fair value about $3,703/mo, median of 46 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. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby · asking prices
$4,014avg asking

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

UPPER-34 Mystic Avenue$3,9953 Orianna Drive$3,97531 Brookview Drive$4,500Upper Unit - 2nd/3rd-27 St Johns Road$4,50040 Alanbull Square$3,100

The 5 closest of 6 active listings nearby.

See all comparable homes
4,000This home3,9953,9754,5004,5003,100This home vs active comparables
Live market pulseActive comparables in Ionview · median list $3K
10active listings nearby
27days on market
7leased nearby · 90 days
$4Kmedian leased price
100%of asking, on average
+3%vs a year ago

26 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

Ionview, 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.

Tam O'Shanter-Sullivan
$2K
Woburn
$2K
Morningside
$3K
Bayview Village
$3K
Milliken
$2K

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 Ionview Public School
64%
Ionview Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 64% meet the provincial standard

Affordability & Mortgage

Affordability
$18/mo
$5KIncome 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 $18Property tax $3Total carry $21

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)
$17per month

Mortgage amount $3,200 · 4.14% over 25 years

$800Down payment (20.0%)
$3,200Loan before insurance
$0CMHC premium
$20Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$20

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

One-time closing costs

Ontario land transfer tax
$20
Toronto municipal land transfer tax
$20
Estimated closing costs
$40

Plus your down payment of $800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$21/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

$1,923Total interest paid
$5,123Total of all payments
Principal $3,200 Interest $1,923
YearPrincipalInterestBalance
1$75$130$3,125
2$78$127$3,047
3$81$124$2,966
4$85$120$2,881
5$88$117$2,792
6$92$113$2,700
7$96$109$2,605
8$100$105$2,505
9$104$101$2,401
10$108$97$2,292
11$113$92$2,179
12$118$87$2,062
13$123$82$1,939
14$128$77$1,811
15$133$72$1,678
16$139$66$1,540
17$144$61$1,395
18$150$54$1,245
19$157$48$1,088
20$163$42$925
21$170$35$755
22$177$28$577
23$185$20$393
24$192$13$200
25$200$4$0

At the end of your 5-year term

Total paid over the term
$1,025
Principal paid down
$408
Interest paid
$617
Balance remaining
$2,792

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 RIGHT AT HOME REALTY. MLS®/PropTx.

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