202-117 Cosburn Avenue, Toronto, ON

Danforth Village-East York, Toronto · MLS® E13554376

$1,500/mo
For Lease
Listed 7 days ago
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1Bathrooms
0Parking
700Sq Ft

About this home

Welcome to apartment #202 at 117 Cosburn Avenue, a beautifully maintained rental opportunity nestled in the heart of East York's sought-after Pape Village community. This bright and inviting bachelor apartment is ideal for tenants seeking comfort, convenience, and a vibrant neighbourhood to call home.Featuring a functional layout designed for easy everyday living, this residence offers a well-appointed kitchen and bathroom, and large windows that fill the space with natural light. The thoughtfully designed floor plan maximizes every square foot, creating a warm and welcoming atmosphere.Enjoy unbeatable convenience with shops, restaurants, cafés, parks, schools, and public transit just steps away. With quick access to the Danforth, TTC, DVP, and downtown Toronto, commuting is simple and efficient.A fantastic opportunity to lease in one of East York's most connected and desirable communities. Don't miss your chance to live in this wonderful space.For your convenience, rent includes heat, hydro, and water. Parking is available for an additional $100/mth. Coin-operated laundry is available on-site.

Key facts

Property type
Other, Bachelor/Studio
MLS®
E13554376
Bathrooms
1
Size
700 sq ft
Lot
92 × 180 ft
Cross streets
Pape and Cosburn
Parking
0 parking
Driveway
Private
Basement
None
Heating
Radiant
A/C
None
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Days on market
7
Listing brokerage
HOUSESIGMA INC.

Rooms

BedroomMain6.09 × 3.35 m

Combined w/Living

Living RoomMain6.09 × 3.35 m

Combined w/Br

KitchenMain2.13 × 1.98 m
Moe’s TakeTeam Asgarian · Broker
In the wider range
$1,700/moest. value

Listed at $1,500/mo, this rental is within the range of a wider set of rentals, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 25 similar rentals nearby, adjusted for size, beds, and baths.Median of 25 comparable active listings, adjusted for size, beds, and baths. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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, listed at $2,995/mo
  • Bathrooms −$100/mo
  • Adjusts to $2,895/mo

That comparable adjusts to $2,895/mo; the $1,700/mo estimate above is the median of all 25 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

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

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$1,485/moBelow market$2,442/moAbove market

Total price vs nearby homes. Fair value about $1,700/mo, median of 25 comparables.

Comparable listingsCurrently listed nearby in Danforth Village-East York · asking prices
$1,565avg asking

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

L-23 Kings Park Boulevard$1,485Basement-301 Gowan Avenue$1,5951-238 Glebemount Avenue$1,595Lower-212 Glebemount Avenue$1,700BSMT-95 Barker Avenue$1,450

The 5 closest of 8 active listings nearby.

See all comparable homes
1,500This home1,4851,5951,5951,7001,450This home vs active comparables
Live market pulseActive comparables in Danforth Village-East York · median list $2K
26active listings nearby
7days on market

On the market now.

View comparable listings

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

Neighbourhood & location

Danforth Village-East York, 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.

Getting around

0/ 100

Car-DependentA 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.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Church-Yonge Corridor
$2K
Mount Pleasant West
$2K
Bay Street Corridor
$3K
Kensington-Chinatown
$2K
Clairlea-Birchmount
$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 William Burgess Elementary School
59%
William Burgess Elementary SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 59% meet the provincial standard
East York Alternative Secondary SchoolEQAO results not published

Affordability & Mortgage

Affordability
$7/mo
$4KIncome needed
0.4×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 $7Property tax $1Total carry $8

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6per month

Mortgage amount $1,200 · 4.14% over 25 years

$300Down payment (20.0%)
$1,200Loan before insurance
$0CMHC premium
$7Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7

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

One-time closing costs

Ontario land transfer tax
$8
Toronto municipal land transfer tax
$8
Estimated closing costs
$15

Plus your down payment of $300. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8/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

$721Total interest paid
$1,921Total of all payments
Principal $1,200 Interest $721
YearPrincipalInterestBalance
1$28$49$1,172
2$29$48$1,143
3$31$46$1,112
4$32$45$1,080
5$33$44$1,047
6$35$42$1,013
7$36$41$977
8$37$39$939
9$39$38$900
10$41$36$860
11$42$34$817
12$44$33$773
13$46$31$727
14$48$29$679
15$50$27$629
16$52$25$577
17$54$23$523
18$56$20$467
19$59$18$408
20$61$16$347
21$64$13$283
22$66$10$217
23$69$8$147
24$72$5$75
25$75$2$0

At the end of your 5-year term

Total paid over the term
$384
Principal paid down
$153
Interest paid
$231
Balance remaining
$1,047

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 HOUSESIGMA INC.. MLS®/PropTx.

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