395 Rhodes Avenue, Toronto, ON
Greenwood-Coxwell, Toronto · MLS® E13580106
About this home
Attention Investors, Multi-Generational Buyers, And Savvy Buyers! Welcome To 395 Rhodes Ave, A Remarkable Residential Property Nestled In The Highly Sought-After Greenwood-Coxwell / Leslieville Pocket. This Solid Brick Property Is Fully Tenanted By Reliable Tenants, Generating A Phenomenal Gross Annual Income Of $91,860 (Inclusive Of Utilities) Across 3 Spacious, Self-Contained Units-Each Boasting Its Own Private Entrance, Kitchen, And Bathroom. This Exceptional Income Property Offers Incredible Stability And Outstanding Long-Term Growth Potential.The Layout Is Perfectly Optimized For Maximum Utility: The Lower Level Is A Spacious 3-Bedroom, Kitchen, 1.5-Bathroom Basement Suite. The Main Floor Features A Comfortable 2-Bedroom, Kitchen, 1-Bathroom Layout With A Separate Living Room. The Upper Level Is An Expansive 3-Bedroom Retreat Complete With Kitchen, A Bright Solarium, A Cozy Living Room With A Fireplace, And A Full Bath. Adding Massive Value To This Deep Lot Is A Shared Driveway Providing Easy Access To An Expansive Rear Parking Area That Comfortably Accommodates At Least 2 Vehicles.Live In One Unit And Let The Tenants Cover Your Expenses, Or Maintain It As A Hands-Off, Multi-Stream Addition To Your Real Estate Portfolio. Unbeatable Location Just Steps To The Vibrant Shops, Cafes, And Restaurants Of Little India And Leslieville. Commuting Is Effortless With Quick Access To Both Coxwell And Greenwood Subway Stations, The Danforth GO, And 24-Hour Streetcar Lines. An Absolute Must-See Opportunity!
Key facts
- Property type
- Other, 2-Storey
- MLS®
- E13580106
- Bedrooms
- 8 (5 + 3)
- Bathrooms
- 4 (1 half)
- Size
- 1500-2000
- Lot
- 24.4 × 110.6 ft
- Cross streets
- Coxwell/Gerrard
- Parking
- 2 parking
- Basement
- Separate Entrance, Apartment
- Kitchens
- 3 (2 + 1)
- Heating
- Forced Air
- A/C
- Wall Unit(s)
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Rolled
- Sewer
- Sewer
- Property tax
- $5,806 / 2025
- Listing brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Rooms
ceramic floor · window
ceramic floor · eat-in kitchen · w/o to yard
laminate · large window · closet
laminate · window · closet
ceramic floor · eat-in kitchen · stainless steel appl
laminate · window · closet
ceramic floor · w/o to yard
laminate · large window · fireplace
laminate · window · closet
laminate · window
Ceramic Floor
laminate · fireplace · w/o to sunroom
Ceramic Floor
ceramic floor · eat-in kitchen · window
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 sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairOn schools, this address is zoned for Equinox Holistic Alternative 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.
On location, this is a very walkable address with everyday errands close by. Coxwell Ave at Fairford Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
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.
- Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
- Value driver
- Worth verifying
This home lists 34% below the area average of $911/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Greenwood-Coxwell, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Coxwell Ave at Fairford Ave, about 69 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $840,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,483
- Property tax
- $484
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,966
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $17,475
- Toronto municipal land transfer tax
- $17,475
- Estimated closing costs
- $34,950
Plus your down payment of $210,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $268,953
- Principal paid down
- $106,974
- Interest paid
- $161,979
- Balance remaining
- $733,026
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.
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.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.