87 Rhodes Avenue, Toronto, ON
Greenwood-Coxwell, Toronto · MLS® E14084008
About this home
In short
- One property, multiple possibilities...welcome to 87 Rhodes Avenue, a fully renovated detached home with exceptional versatility and income potential.
- The main and upper levels offer 3 bedrooms and 2 full bathrooms.
- High ceilings, large windows, pot lights and updated flooring throughout.
- Two decks, including an upper deck for watching stars and fireworks, overlook a deep 32 x 110 ft. lot with private parking for two via mutual drive and potential for...
- Walk to Lake Inez, Godspeed and Left Field, parks, the beach, shops and transit, with a quick route downtown.
One property, multiple possibilities...welcome to 87 Rhodes Avenue, a fully renovated detached home with exceptional versatility and income potential. The main and upper levels offer 3 bedrooms and 2 full bathrooms. A bright 2-bedroom lower-level suite has its own kitchen, full bathroom, laundry, two walkouts and separate hydro meter, offering income potential, space for a growing family or multi-generational living. High ceilings, large windows, pot lights and updated flooring throughout. Two decks, including an upper deck for watching stars and fireworks, overlook a deep 32 x 110 ft. lot with private parking for two via mutual drive and potential for a ~1,300 sq. ft. garden suite. Updates include an owned combi boiler with tankless hot water (2025), waterproofing with a 20-year transferable warranty and a fully fenced yard (2024). Rhodes is a close-knit street where Halloween on front porches is a tradition. Walk to Lake Inez, Godspeed and Left Field, parks, the beach, shops and transit, with a quick route downtown. Explore Leslieville, The Beaches and Ashbridges Bay.
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- E14084008
- Bedrooms
- 3+2 (5 total)
- Bathrooms
- 3
- Size
- 1100-1500 sq ft
- Lot
- 32 × 110 ft
- Cross streets
- Dundas St E & Coxwell Ave
- Parking
- 2 parking
- Driveway
- Mutual
- Basement
- Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Water
- A/C
- Other
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,323 / 2026
- Days on market
- 4
- Listing brokerage
- RE/MAX HALLMARK RICHARDS GROUP REALTY LTD.
Rooms
breakfast bar · w/o to deck · stainless steel appl
window · closet
window · closet
vinyl floor · w/o to yard · stainless steel appl
vinyl floor · window · closet
combined w/living · pot lights
vinyl floor · pot lights · open concept
vinyl floor · window · closet
Window
combined w/dining · pot lights
vinyl floor · pot lights · large window
window · closet
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
Considering this property? Request a written price readThe 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.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.
Per square foot, these ask about $883/sqft; this home lists at $1,215/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
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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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,263,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,984
- Property tax
- $527
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,511
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,055
- Toronto municipal land transfer tax
- $28,055
- Estimated closing costs
- $56,110
Plus your down payment of $315,800. 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
- $419,067
- Principal paid down
- $154,340
- Interest paid
- $264,727
- Balance remaining
- $1,108,860
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 RE/MAX HALLMARK RICHARDS GROUP REALTY LTD.. MLS®/PropTx.