1549 O'CONNOR Drive, Toronto, ON

O'Connor-Parkview, Toronto · MLS® E13532978

$1,900/mo
For Lease
Listed 15 days ago
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2Bedrooms
1Bathrooms
1Parking
700Sq Ft

About this home

Upper Level, Completely Renovated, Bright & Spacious 2 Bedroom Apartment. Located In A Mixed Use Plaza Above a Mexican restaurant. Large Windows In Every Room & Skylight In High Ceiling. All Amenities Close By Along With Buses & Subway Stations. Must See!!

Key facts

Property type
Other, Apartment
MLS®
E13532978
Bedrooms
2
Bathrooms
1
Size
700 sq ft
Cross streets
EGLINTON, O'CONNOR, ST. CLAIR
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Poured Concrete
Roof
Shingles
Sewer
Sewer
Days on market
15
Listing brokerage
ZOLO REALTY

Rooms

Primary BedroomUpper3.35 × 3.00 m

large window · closet · laminate

Living RoomUpper5.78 × 3.65 m

combined w/kitchen · skylight · pot lights

KitchenUpper5.78 × 3.65 m

combined w/living · large window · pot lights

Bedroom 2Upper3.35 × 2.43 m

window · laminate

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,280/moest. value

Listed at $1,900/mo, this rental is about 17% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In O'Connor-Parkview lately, landlords have been getting about 98% of asking and homes lease in about 28 days.

Based on 70 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 70 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 $1,650/mo
  • Bedrooms +$150/mo
  • Adjusts to $1,800/mo

That comparable adjusts to $1,800/mo; the $2,280/mo estimate above is the median of all 70 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 Victoria Park Elementary School, 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.

List price
$1,900/moBelow market$2,420/moAbove market

Total price vs nearby homes. Fair value about $2,280/mo, median of 70 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
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
Comparable listingsCurrently listed nearby in O'Connor-Parkview · asking prices
$2,078avg asking

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

419-500 Dawes Road$1,9951514-500 Dawes Road$1,995304-11 Glenburn Avenue$1,800402-4 ParkVista$2,200224-1401 O'Connor Drive$2,400

The 5 closest active listings nearby.

See all comparable homes
1,900This home1,9951,9951,8002,2002,400This home vs active comparables
Live market pulseActive comparables in O'Connor-Parkview · median list $2K
22active listings nearby
15days on market
100leased nearby · 90 days
$2Kmedian leased price
98%of asking, on average

On the market now.

View comparable listings

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

Neighbourhood & location

O'Connor-Parkview, 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.

Banbury-Don Mills
$3K
East End-Danforth
$3K
North St. James Town
$2K
Bayview Village
$3K
Church-Yonge Corridor
$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 Victoria Park Elementary School
92%
Victoria Park Elementary SchoolPublic · Elementary · 0.6 km awayAmong the top in the GTA · 92% meet the provincial standard
East York Alternative Secondary SchoolEQAO results not published

Affordability & Mortgage

Affordability
$9/mo
$4KIncome needed
0.5×Price ÷ income
$2Weekly 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 $9Property tax $1Total carry $10

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)
$8per month

Mortgage amount $1,520 · 4.14% over 25 years

$380Down payment (20.0%)
$1,520Loan before insurance
$0CMHC premium
$9Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9

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

One-time closing costs

Ontario land transfer tax
$10
Toronto municipal land transfer tax
$10
Estimated closing costs
$19

Plus your down payment of $380. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10/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

$913Total interest paid
$2,433Total of all payments
Principal $1,520 Interest $913
YearPrincipalInterestBalance
1$36$62$1,484
2$37$60$1,447
3$39$59$1,409
4$40$57$1,368
5$42$55$1,326
6$44$54$1,283
7$46$52$1,237
8$47$50$1,190
9$49$48$1,140
10$51$46$1,089
11$54$44$1,035
12$56$41$979
13$58$39$921
14$61$37$860
15$63$34$797
16$66$31$731
17$69$29$663
18$71$26$591
19$74$23$517
20$78$20$439
21$81$17$358
22$84$13$274
23$88$10$187
24$91$6$95
25$95$2$0

At the end of your 5-year term

Total paid over the term
$487
Principal paid down
$194
Interest paid
$293
Balance remaining
$1,326

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 ZOLO REALTY. MLS®/PropTx.

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