402 Rhodes Avenue, Toronto, ON

Greenwood-Coxwell, Toronto · MLS® E13598366

$999,900
For Sale
Listed 1 day ago
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3Bedrooms
1Bathrooms
0Parking
700-1100Sq Ft

About this home

Welcome to 402 Rhodes Avenue-a truly exceptional family home, cherished by the same family since 1920 and meticulously maintained and thoughtfully renovated to an outstanding standard. Every improvement has been completed with quality in mind, featuring premium finishes, high-end appliances, and craftsmanship that make this one of the most turn-key homes you'll find in the neighbourhood. The heart of the home is the stunning gourmet kitchen, appointed with premium Fisher & Paykel appliances, abundant custom storage, and a walkout to a beautifully landscaped backyard featuring a spacious deck and mature perennial gardens that provide colour and privacy throughout the seasons. Major upgrades offer complete peace of mind, including a newer roof, a brand-new Lennox heat pump and furnace, full insulation (including the basement), and entirely updated plumbing and electrical systems with no knob-and-tube wiring. The high, dry, unspoiled basement is ready for your personal vision, whether additional living space, a recreation room, or a home office. An exceptional pre-list home inspection further showcases the outstanding condition of this remarkable property. Nestled on a quiet, family-friendly dead-end street, children can safely play alongside many other young families in this welcoming community. You're just a 4-minute walk to excellent elementary schools, including French Immersion, with highly regarded secondary schools nearby. Enjoy an unbeatable lifestyle where everything is within walking distance. Stroll to The Danforth, Queen Street East, Little India, grocery stores, cafés, restaurants, parks, and everyday amenities. TTC bus and 24-hour streetcar service are just 2 minutes away, with the subway only a short bus ride, making downtown easily accessible without needing a car. Spend weekends at Woodbine Beach and the Waterfront Trail, or enjoy Monarch Park's pool, skating rink, sports facilities, and off-leash dog park-all just minutes from home.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
E13598366
Bedrooms
3
Bathrooms
1
Size
700-1100
Lot
15.58 × 100 ft
Cross streets
Coxwell & Gerrard
Parking
0 parking
Driveway
None
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle, Flat
Sewer
Sewer
Property tax
$4,042 / 2025
Days on market
1
Listing brokerage
CORCORAN HORIZON REALTY
Our TakeTeam Asgarian · Broker
In line
$986Kest. value

Listed at $999,900, and my independent estimate is right in line with comparable homes.

In Greenwood-Coxwell lately, sellers get about 110% of asking; homes sell in ~13 days.

List price
$726KGreat deal$1.16MOverpriced

Total price vs nearby homes. Fair value about $986K, median of 67 comparables.

How this estimate is builtthe short version

I take the 67 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $860K, a bit lower.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can 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
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

On 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.

Read this with carewhy it’s an estimate, not an appraisal

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 67 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby · asking prices
$1.05Mavg asking

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

63 Bastedo Avenue$988k1089 Mt Pleasant Road$1.15M280 Kenilworth Avenue$1.10M259 Milverton Boulevard$849k122 Holborne Avenue$1.19M

The 5 closest of 7 active listings nearby.

See all comparable homes
1000kThis home988k1.15M1.10M849k1.19MThis home vs active comparables
Live market pulseActive comparables in Greenwood-Coxwell · median list $1.07M
$1,111this home / sqft
10active listings nearby
1days on market
100sold nearby · 90 days
$1.20Mmedian sold price
110%of asking, on average

This home lists 20% above the area average of $927/sqft.

4 days faster than the Toronto average (5 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Greenwood-Coxwell, 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.

Danforth
$1.01M
South Riverdale
$1.22M
East End-Danforth
$1.10M
Clairlea-Birchmount
$813K
Mount Pleasant East
$1.28M

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 Equinox Holistic Alternative School
83%
Equinox Holistic Alternative SchoolPublic · Elementary · 0.3 km awayHigher-rated than most nearby · 83% meet the provincial standard
School of Life ExperienceEQAO results not published

Affordability & Mortgage

Affordability
$4,557/mo
$187KIncome needed
5.3×Price ÷ income
$1,052Weekly 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.

93%mortgage
Mortgage $4,557Property tax $337Total carry $4,894

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,269per month

Mortgage amount $799,920 · 4.14% over 25 years

$199,980Down payment (20.0%)
$799,920Loan before insurance
$0CMHC premium
$4,606Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,269
Property tax
$337
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,606

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

One-time closing costs

Ontario land transfer tax
$16,473
Toronto municipal land transfer tax
$16,473
Estimated closing costs
$32,946

Plus your down payment of $199,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,185/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

$480,681Total interest paid
$1,280,601Total of all payments
Principal $799,920 Interest $480,681
YearPrincipalInterestBalance
1$18,739$32,485$781,181
2$19,523$31,701$761,657
3$20,340$30,884$741,318
4$21,191$30,033$720,127
5$22,077$29,147$698,050
6$23,000$28,224$675,050
7$23,963$27,262$651,087
8$24,965$26,259$626,122
9$26,009$25,215$600,113
10$27,097$24,127$573,016
11$28,230$22,994$544,786
12$29,411$21,813$515,375
13$30,641$20,583$484,733
14$31,923$19,301$452,810
15$33,258$17,966$419,551
16$34,650$16,574$384,902
17$36,099$15,125$348,803
18$37,609$13,615$311,194
19$39,182$12,042$272,012
20$40,821$10,403$231,191
21$42,528$8,696$188,663
22$44,307$6,917$144,355
23$46,161$5,063$98,195
24$48,091$3,133$50,103
25$50,103$1,121$0

At the end of your 5-year term

Total paid over the term
$256,120
Principal paid down
$101,870
Interest paid
$154,250
Balance remaining
$698,050

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.

Investor snapshot

Rental yield
Estimate$1,450/mo
$17,400Gross annual rent
1.0%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

1.7%
Gross yield
− Property tax $4,042− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $10,044

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CORCORAN HORIZON REALTY. MLS®/PropTx.

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