Upper-27 Rivercourt Boulevard, Toronto, ON

East York, Toronto · MLS® E13566632

$1,850/mo
For Lease
Listed 7 days ago
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1Bedrooms
1Bathrooms
0Parking
700Sq Ft

About this home

Bright & Beautiful 1-Bedroom Upper-Level Suite in a Charming Detached Home! Nestled on a quiet, tree-lined street, this beautifully maintained upper-level suite offers the perfect blend of comfort, character, and convenience. Thoughtfully designed and filled with natural light, this inviting home features a spacious open-concept living and dining area with gleaming hardwood floors, creating a warm and welcoming atmosphere for everyday living and entertaining.The updated kitchen offers ample cabinetry, generous counter space, and modern finishes, while the bright and spacious bedroom provides a peaceful retreat. The renovated bathroom adds a clean, contemporary touch, completing this move-in-ready home.Enjoy the added privacy of your own entrance and access to the backyard, perfect for relaxing outdoors.Ideally situated in a family-friendly neighbourhood, you'll be just minutes from shopping, restaurants, schools, hospitals, parks, and recreational facilities. Public transit is conveniently located at the end of the street, with easy access to major roadways, making commuting throughout Toronto simple and efficient.Whether you're a young professional or someone seeking a quiet, comfortable place to call home, this exceptional suite offers an outstanding opportunity to enjoy the best of East York living. Move in and enjoy!

Key facts

Property type
Detached, 2-Storey
MLS®
E13566632
Bedrooms
1
Bathrooms
1
Size
700 sq ft
Lot
31 × 112 ft
Cross streets
Pape & O'connor & Donland Ave
Parking
0 parking
Driveway
Street Only
Basement
Apartment
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
7
Listing brokerage
GOLDEN LIFE REALTY LTD.
Moe’s TakeTeam Asgarian · Broker
In line
$1,891/moest. value

Listed at $1,850/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

In East York lately, landlords have been getting about 99% of asking and homes lease in about 25 days.

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

Based on 26 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 26 recently leased comparable homes — actual closing prices, not asks — 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, leased for $1,495/mo
  • Adjusts to $1,495/mo

That comparable adjusts to $1,495/mo; the $1,891/mo estimate above is the median of all 26 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 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.

List price
$1,550/moBelow market$2,331/moAbove market

Total price vs nearby homes. Fair value about $1,891/mo, median of 26 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
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1,820avg asking

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

B-270 Coxwell Avenue$1,880Basement-54A Galley Avenue$1,700Main-119 Essex Street$2,150Basement-54 Muirlands Drive$1,550

The 4 closest active listings nearby.

See all comparable homes
1,850This home1,8801,7002,1501,550This home vs active comparables
Live market pulseActive comparables in East York · median list $2K
7active listings nearby
7days on market
98leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

6 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

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.

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
Bayview Village
$3K
Tam O'Shanter-Sullivan
$2K
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 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
$8/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 $8Property 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 $1,480 · 4.14% over 25 years

$370Down payment (20.0%)
$1,480Loan 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
$9
Toronto municipal land transfer tax
$9
Estimated closing costs
$19

Plus your down payment of $370. 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

$889Total interest paid
$2,369Total of all payments
Principal $1,480 Interest $889
YearPrincipalInterestBalance
1$35$60$1,445
2$36$59$1,409
3$38$57$1,372
4$39$56$1,332
5$41$54$1,292
6$43$52$1,249
7$44$50$1,205
8$46$49$1,158
9$48$47$1,110
10$50$45$1,060
11$52$43$1,008
12$54$40$954
13$57$38$897
14$59$36$838
15$62$33$776
16$64$31$712
17$67$28$645
18$70$25$576
19$72$22$503
20$76$19$428
21$79$16$349
22$82$13$267
23$85$9$182
24$89$6$93
25$93$2$0

At the end of your 5-year term

Total paid over the term
$474
Principal paid down
$188
Interest paid
$285
Balance remaining
$1,292

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 GOLDEN LIFE REALTY LTD.. MLS®/PropTx.

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