306-325 Sammon Avenue, Toronto, ON

Danforth Village-East York, Toronto · MLS® E13573522

$1,348/mo
For Lease
Listed 1 day ago
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1Bathrooms
0Parking
0-499Sq Ft

About this home

This clean, freshly painted and affordable bachelor unit is located just steps from the heart of The Danforth! Bright and airy, the open living/bedroom space is perfect for both relaxing after work and setting up a cozy work-from-home station. The kitchen includes a fridge, stove, and plenty of cabinet space for storage. The 4 pc bathroom sits off the main living area as do two coat / clothing storage closets. Stay comfortable year-round with an in-unit air conditioner. Outside your door, convenience abounds including quick access to the TTC, parks, restaurants, and local favorites like Left Field Brewery and the Danforth Music Hall. This unit is ideal for someone looking for a vibrant, move-in-ready home while saving for their first place.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13573522
Bathrooms
1
Size
0-499
Cross streets
Greenwood & Sammon
Parking
0 parking
Basement
None
Heating
Water
A/C
Window Unit(s)
Exterior
Brick
Exposure
East
Days on market
1
Listing brokerage
ROYAL LEPAGE/J & D DIVISION

Rooms

BedroomMain6.25 × 3.45 m

combined w/living · laminate · large window

KitchenMain2.64 × 2.16 m

open concept · window · tile floor

Living RoomMain6.25 × 3.45 m

combined w/br · laminate · large window

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent leases and give you a straight answer on what it will really take.

The assigned public school is R H McGregor Elementary 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 very walkable address with everyday errands close by. Mortimer Ave at Greenwood Ave is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

Comparable listingsCurrently listed nearby · asking prices
$2,060avg asking

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

309-1407 Dupont Street$1,7004508-100 Harbour Street$2,0002903-17 bathurst Street$2,2005402-7 Grenville Street$2,200532-50 Bruyeres Mews$2,200

The 5 closest of 8 active listings nearby.

See all comparable homes
1,348This home1,7002,0002,2002,2002,200This home vs active comparables
Live market pulseActive comparables in Toronto · median list $3K
97active listings nearby
1days 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

78/ 100

Very WalkableA 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: Mortimer Ave at Greenwood Ave, about 223 m away

20+ transit stops10 grocery20+ dining20+ parks20+ pharmacies

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
Bay Street Corridor
$3K
Waterfront Communities C8
$3K
Waterfront Communities C1
$3K
Dovercourt-Wallace Emerson-Junction
$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 R H McGregor Elementary School
68%
R H McGregor Elementary SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 68% meet the provincial standard
East York Alternative Secondary SchoolEQAO results not published

Affordability & Mortgage

Affordability
$6/mo
$4KIncome needed
0.3×Price ÷ income
$1Weekly 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 $6Property tax $1Total carry $7

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 $1,078 · 4.14% over 25 years

$270Down payment (20.0%)
$1,078Loan 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
$7
Toronto municipal land transfer tax
$7
Estimated closing costs
$13

Plus your down payment of $270. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7/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

$648Total interest paid
$1,726Total of all payments
Principal $1,078 Interest $648
YearPrincipalInterestBalance
1$25$44$1,053
2$26$43$1,027
3$27$42$999
4$29$40$971
5$30$39$941
6$31$38$910
7$32$37$878
8$34$35$844
9$35$34$809
10$37$33$773
11$38$31$734
12$40$29$695
13$41$28$653
14$43$26$610
15$45$24$566
16$47$22$519
17$49$20$470
18$51$18$420
19$53$16$367
20$55$14$312
21$57$12$254
22$60$9$195
23$62$7$132
24$65$4$68
25$68$2$0

At the end of your 5-year term

Total paid over the term
$345
Principal paid down
$137
Interest paid
$208
Balance remaining
$941

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 ROYAL LEPAGE/J & D DIVISION. MLS®/PropTx.

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