Lower-64 Galt Avenue, Toronto, ON

South Riverdale, Toronto · MLS® E13589172

$1,900/mo
For Lease
Listed 1 day ago
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1Bedrooms
1Bathrooms
0Parking
700-1100Sq Ft

About this home

ARCHITECTULLY DESIGNED Sun Filled one bedroom BASEMENT Unit with Large CLOSET and 3 pc ensuite, On Desirable Street. Ensuite Laundry, With Incredible Contemporary Architectural Features In The Heart Of Leslieville. Stunning Curb Appeal Custom built Kitchen Full Of Surprises, Pendant Lighting, Breakfast Bar, Walk-Out to yard, 9 foot , high ceilings, Living Room. Close To All This Community's Amenities, shops And Restaurants Along Gerrard, Queen, And Danforth. Short Walk To Gerrard Square, & Schools. Street Car For Easy Access To Downtown. Steps To Boardwalk, Lake And Leslie Spit. TENANT IS RESPONSIBLE FOR ALL UTILITIES

Key facts

Property type
Other, 3-Storey
MLS®
E13589172
Bedrooms
1
Bathrooms
1
Size
700-1100
Cross streets
GERRARD ST EAST / JONES AVE
Parking
0 parking
Driveway
Street Only
Basement
Apartment, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
1
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

Primary BedroomBasement3.96 × 3.10 m

ceramic floor · heated floor · large closet

Living RoomBasement9.60 × 3.96 m

heated floor · w/o to patio · open concept

KitchenBasement3.20 × 3.96 m

heated floor · open concept · breakfast bar

Dining RoomBasement9.60 × 3.96 m

heated floor · open concept · overlooks living

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,772/moest. value

Listed at $1,900/mo, this rental is about 31% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In South Riverdale lately, landlords have been getting about 99% of asking and homes lease in about 21 days.

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 39 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 39 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The listing gives square footage as a wide range, so the size adjustment (and this estimate) is approximate; confirming exact size would sharpen it.

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 $2,650/mo
  • Bedrooms −$150/mo
  • Bathrooms −$100/mo
  • Adjusts to $2,400/mo

That comparable adjusts to $2,400/mo; the $2,772/mo estimate above is the median of all 39 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 Duke of Connaught Junior and Senior Public 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
$1,900/moBelow market$3,008/moAbove market

Total price vs nearby homes. Fair value about $2,772/mo, median of 39 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Comparable listingsCurrently listed nearby in South Riverdale · asking prices
$2,974avg asking

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

211-1152 Gerrard Street$2,3952-109 Rushbrooke Avenue$2,8502-74 Munro Street$3,0502-180 Broadview Avenue$3,600

The 4 closest active listings nearby.

See all comparable homes
1,900This home2,3952,8503,0503,600This home vs active comparables
Live market pulseActive comparables in South Riverdale · median list $3K
5active listings nearby
1days on market
100leased nearby · 90 days
$2Kmedian leased price
99%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

South Riverdale, 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.

Regent Park
$3K
East End-Danforth
$3K
Church-Yonge Corridor
$2K
Waterfront Communities C8
$3K
Waterfront Communities C1
$3K

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 Leslieville Junior Public School
62%
Leslieville Junior Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 62% meet the provincial standard
Danforth Collegiate and Technical InstituteEQAO 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 RE/MAX WEST REALTY INC.. MLS®/PropTx.

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