605 Rhodes Avenue, Toronto, ON
Greenwood-Coxwell, Toronto · MLS® E13758366
About this home
In short
- Location, lifestyle and potential.
- Just steps to Coxwell Subway Station, Monarch Park and the vibrant shops, cafés and restaurants along the Danforth, this is urban living at its best.
- A separate entrance leads to the basement apartment, complete with a second kitchen, living area, bedroom and washroom-ideal for extended family or potential rental...
- Move in as is or renovate to your own taste and unlock the property's full potential.
- 200-amp electrical service with potential for future EV charging.
Location, lifestyle and potential! Where everyday convenience, natural beauty and city connection come together to create a life you'll love. Ideally situated on one of East York's most desirable tree-lined streets. Just steps to Coxwell Subway Station, Monarch Park and the vibrant shops, cafés and restaurants along the Danforth, this is urban living at its best. The home offers a bright, functional layout with an enclosed front sunroom, spacious living and dining areas, a generous kitchen and two comfortable bedrooms. A separate entrance leads to the basement apartment, complete with a second kitchen, living area, bedroom and washroom-ideal for extended family or potential rental income. Outside, enjoy a private fenced backyard with mature trees, a flagstone patio and convenient laneway parking. Move in as is or renovate to your own taste and unlock the property's full potential. 200-amp electrical service with potential for future EV charging. New Asphalt Driveway (2026). A fantastic opportunity to own in one of East York's most connected and welcoming communities!
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- E13758366
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 2
- Size
- 700-1100 sq ft
- Lot
- 13.42 × 120 ft
- Cross streets
- Coxwell & Danforth
- Parking
- 1 parking
- Driveway
- Lane
- Basement
- Apartment, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Baseboard
- A/C
- Window Unit(s)
- Exterior
- Vinyl Siding, Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle, Rolled
- Sewer
- Sewer
- Property tax
- $4,596 / 2026
- Days on market
- 20
- Listing brokerage
- HOME LEGEND REALTY INC.
Rooms
vinyl floor · pot lights
hardwood floor · double closet · large window
hardwood floor · closet · window
broadloom · open concept · picture window
hardwood floor · open concept
broadloom · 3 pc bath · closet
broadloom · pot lights
vinyl floor · breakfast area
Listed at $849,900. 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 $880K, if it sells. A realistic range is $825K to $992K.
Independent value check: $731K. Without looking at the asking price, our model values the home itself about 14% below the ask (homes like it typically land between $685K and $766K).
Why $731K. The typical semi-detached home sold in Greenwood-Coxwell over the past year went for about $1.09M (80 sales). What sets this one apart:
- ▼ Lowers it stronglyThe listing presents it as a home to renovate or rebuild.
- ▲ Raises it0 garage and 1 total parking spaces, against 1 and 0 typically.
- ▼ Lowers itIt is 700 to 1,100 sq ft; the typical home sold here is 1,100 to 1,500.
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $4,596 a year; the typical home sold here pays about $5,000.
Total price vs nearby homes. Likely closing about $880K, from 22 recent closings in this pocket.
The market behind the math:
About 1.1 months of inventory: 8 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 $944/sqft against an area asking average of $1,047/sqft.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Greenwood-Coxwell: 12 of the 91 detached leases here lately were basement units, around $1,550 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
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 $905K. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit
The assigned public school is Earl Haig Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($944/sqft) is below the area, so you are paying for extra space rather than a premium.
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.
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $955/sqft; this home lists at $944/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 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 $679,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,759
- Property tax
- $383
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,142
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,473
- Toronto municipal land transfer tax
- $13,473
- Estimated closing costs
- $26,946
Plus your down payment of $169,980. 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
- $225,564
- Principal paid down
- $83,074
- Interest paid
- $142,490
- Balance remaining
- $596,846
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
The suite is real income here: basements rent in Greenwood-Coxwell (12 of 91 recent detached leases were basement units, around $1,550 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,550 a month on top of the upper floors. Permitted use is worth confirming with the city.
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 36 whole-home leases in Greenwood-Coxwell signed at a median of $3,573 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,250. 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 HOME LEGEND REALTY INC.. MLS®/PropTx.