198 Mcroberts Avenue, Toronto, ON

Corso Italia-Davenport, Toronto · MLS® W13021746

$4,700/mo
For Lease
Listed 93 days ago
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3Bedrooms
4Bathrooms
15Garage · 1 parking
1500-2000Sq Ft

About this home

Luxury New 3 Bedroom, 4 Bathroom Semi-Detached Home Located In The Highly Coveted Corso Italia Area Of Toronto. Modern Open Concept Kitchen W/ Center Island/Extra Cabinets. High Ceilings, Engineered Hardwood Floors. 2nd Story Features Two Large Bedrooms & Laundry.Third Story Primary Bedroom Suite W/ 5pc Spa & 2 Walk In Closets. Steps to Everything :Shopping, Restaurants, Schools & So Much More.

Key facts

Property type
Semi-Detached, 3-Storey
MLS®
W13021746
Bedrooms
3
Bathrooms
4 (1 half)
Size
1500-2000
Cross streets
St Clair & Caledonia
Parking
15 garage · 1 parking (detached)
Driveway
Front Yard Parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Days on market
93
Listing brokerage
RIGHT AT HOME REALTY
Moe’s TakeTeam Asgarian · Broker
In line
$4,229/moest. value

Listed at $4,700/mo, this rental is within the range of comparable rentals, on the higher side. The number above is my independent estimate of value, not the asking price.

In Corso Italia-Davenport lately, landlords have been getting about 99% of asking and homes lease in about 26 days.

There were not many closely comparable homes right in Corso Italia-Davenport, so I widened the search to the surrounding area.

Based on 50 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 50 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

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 $5,250/mo
  • Bedrooms −$150/mo
  • Bathrooms +$100/mo
  • Adjusts to $5,200/mo

That comparable adjusts to $5,200/mo; the $4,229/mo estimate above is the median of all 50 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 F H Miller Junior 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
$3,729/moBelow market$4,850/moAbove market

Total price vs nearby homes. Fair value about $4,229/mo, median of 50 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby · asking prices
$4,420avg asking

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

Main/Upper-38 Shudell Avenue$5,20035 Pitchpine Drive$3,300Main/Upper-3 Heydon Park Road$5,80029 Hummingbird Drive$3,150171 Duplex Avenue$4,650

The 5 closest of 8 active listings nearby.

See all comparable homes
4,700This home5,2003,3005,8003,1504,650This home vs active comparables
Live market pulseActive comparables in Corso Italia-Davenport · median list $3K
7active listings nearby
93days on market
40leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

88 days longer than the Toronto average (5 days).

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Corso Italia-Davenport, 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.

Dovercourt-Wallace Emerson-Junction
$2K
Dufferin Grove
$4K
Palmerston-Little Italy
$2K
Little Portugal
$4K
Trinity-Bellwoods
$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 F H Miller Junior Public School
78%
F H Miller Junior Public SchoolPublic · Elementary · 0.4 km awayAbove the GTA average · 78% meet the provincial standard

Affordability & Mortgage

Affordability
$21/mo
$5KIncome needed
1.0×Price ÷ income
$5Weekly 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 $21Property tax $3Total carry $24

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)
$20per month

Mortgage amount $3,760 · 4.14% over 25 years

$940Down payment (20.0%)
$3,760Loan before insurance
$0CMHC premium
$23Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$20
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$23

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

One-time closing costs

Ontario land transfer tax
$24
Toronto municipal land transfer tax
$24
Estimated closing costs
$47

Plus your down payment of $940. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$24/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

$2,259Total interest paid
$6,019Total of all payments
Principal $3,760 Interest $2,259
YearPrincipalInterestBalance
1$88$153$3,672
2$92$149$3,580
3$96$145$3,485
4$100$141$3,385
5$104$137$3,281
6$108$133$3,173
7$113$128$3,060
8$117$123$2,943
9$122$119$2,821
10$127$113$2,693
11$133$108$2,561
12$138$103$2,423
13$144$97$2,278
14$150$91$2,128
15$156$84$1,972
16$163$78$1,809
17$170$71$1,640
18$177$64$1,463
19$184$57$1,279
20$192$49$1,087
21$200$41$887
22$208$33$679
23$217$24$462
24$226$15$236
25$236$5$0

At the end of your 5-year term

Total paid over the term
$1,204
Principal paid down
$479
Interest paid
$725
Balance remaining
$3,281

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 RIGHT AT HOME REALTY. MLS®/PropTx.

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