402 Rhodes Avenue, Toronto, ON
Greenwood-Coxwell, Toronto · MLS® E13621240
About this home
In short
- 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...
- 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...
- 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...
- You're just a 4-minute walk to excellent elementary schools, including French Immersion, with highly regarded secondary schools nearby.
- 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...
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®
- E13621240
- Bedrooms
- 3
- Bathrooms
- 1
- Size
- 700-1100 sq ft
- 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
- 61
- Listing brokerage
- CORCORAN HORIZON REALTY
Rooms
hardwood floor · pantry · w/o to yard
hardwood floor · pocket doors · large window
hardwood floor · fireplace · open concept
hardwood floor · large window
hardwood floor · large window · overlooks living
hardwood floor · large window
hardwood floor · large window
Listed at $1,169,000. Going by how homes in Greenwood-Coxwell and the wider GTA have actually closed against their asking prices (about 104%, 22 local closings in 90 days), the likely sale price is near $1.21M, if it sells. A realistic range is $1.13M to $1.36M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.
Longer on the market than typical. 61 days on the market against about 15 for homes like it here, and asking 44% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.21M, from 22 recent closings in this pocket.
The market behind the math:
About 0.8 months of inventory: 6 semi-detached homes for sale in the area against 22 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,299/sqft against an area asking average of $1,041/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 22 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $894K. Condition and finishes remain an in-person call.
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 18 homes sold on this street over the past two years, from 162 closings in Greenwood-Coxwell.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $1,078/sqft; this home lists at $1,299/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
Greenwood-Coxwell, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of September 30, 2026); conventional rates run a little higher.
Mortgage amount $935,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,171
- Property tax
- $337
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,508
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $19,855
- Toronto municipal land transfer tax
- $19,855
- Estimated closing costs
- $39,710
Plus your down payment of $233,800. 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
- $310,253
- Principal paid down
- $114,264
- Interest paid
- $195,989
- Balance remaining
- $820,936
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 34 whole-home leases in Greenwood-Coxwell signed at a median of $3,759 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,209. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CORCORAN HORIZON REALTY. MLS®/PropTx.