2-117 Marion Street, Toronto, ON

Roncesvalles, Toronto · MLS® W13098242

$1,995/mo
For Lease
Listed 76 days ago
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1Bedrooms
1Bathrooms
0Parking
700Sq Ft

About this home

Welcome to your new home! This bright and cozy 1-bedroom apartment in the heart of Roncesvalles is the perfect little spot in a great neighbourhood. Large south facing windows with high ceilings and period details throughout. Generous living and dining room with ample room for a real table. Large bedroom fits a king size bed. Bathroom with clawfoot tub.The location is unbeatable, with fantastic shops, restaurants, coffee (Cherry Bomb) just a short walk away. You'll also be steps from the TTC, parks and the bridge to the lakefront. Don't miss out on this gem!

Key facts

Property type
Other, 2 1/2 Storey
MLS®
W13098242
Bedrooms
1
Bathrooms
1
Size
700 sq ft
Cross streets
Marion and Roncesvalles
Parking
0 parking
Driveway
Street Only
Basement
None
Heating
Radiant
A/C
None
Exterior
Brick
Foundation
Stone
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
76
Listing brokerage
SUTTON GROUP-ASSOCIATES REALTY INC.
Moe’s TakeTeam Asgarian · Broker
In line
$2,518/moest. value

Listed at $1,995/mo, this rental is within the range of comparable rentals, on the lower side. The number above is my independent estimate of value, not the asking price.

In Roncesvalles lately, landlords have been getting about 98% of asking and homes lease in about 24 days.

Based on 87 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 87 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $2,000/mo
  • Adjusts to $2,000/mo

That comparable adjusts to $2,000/mo; the $2,518/mo estimate above is the median of all 87 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 Parkdale Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$1,921/moBelow market$2,993/moAbove market

Total price vs nearby homes. Fair value about $2,518/mo, median of 87 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
Comparable listingsCurrently listed nearby in Roncesvalles · asking prices
$2,033avg asking

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

Main-236 Sterling Road$2,050BSMT-360 Sorauren Avenue$1,7005-5 Sorauren Avenue$2,350

The 3 closest active listings nearby.

See all comparable homes
1,995This home2,0501,7002,350This home vs active comparables
Live market pulseActive comparables in Roncesvalles · median list $2K
5active listings nearby
76days on market
100leased nearby · 90 days
$3Kmedian leased price
98%of asking, on average

On the market now.

View comparable listings

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

Neighbourhood & location

Roncesvalles, 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.

Niagara
$3K
Waterfront Communities C1
$3K
Bay Street Corridor
$2K
Kingsway South
$4K
Church-Yonge Corridor
$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 Parkdale Junior and Senior Public School
51%
Parkdale Junior and Senior Public SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 51% meet the provincial standard

Affordability & Mortgage

Affordability
$9/mo
$4KIncome needed
0.5×Price ÷ income
$2Weekly 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 $9Property tax $1Total carry $10

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9per month

Mortgage amount $1,596 · 4.14% over 25 years

$399Down payment (20.0%)
$1,596Loan before insurance
$0CMHC premium
$10Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10

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

One-time closing costs

Ontario land transfer tax
$10
Toronto municipal land transfer tax
$10
Estimated closing costs
$20

Plus your down payment of $399. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10/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

$959Total interest paid
$2,555Total of all payments
Principal $1,596 Interest $959
YearPrincipalInterestBalance
1$37$65$1,559
2$39$63$1,520
3$41$62$1,479
4$42$60$1,437
5$44$58$1,393
6$46$56$1,347
7$48$54$1,299
8$50$52$1,249
9$52$50$1,197
10$54$48$1,143
11$56$46$1,087
12$59$44$1,028
13$61$41$967
14$64$39$903
15$66$36$837
16$69$33$768
17$72$30$696
18$75$27$621
19$78$24$543
20$81$21$461
21$85$17$376
22$88$14$288
23$92$10$196
24$96$6$100
25$100$2$0

At the end of your 5-year term

Total paid over the term
$511
Principal paid down
$203
Interest paid
$308
Balance remaining
$1,393

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 SUTTON GROUP-ASSOCIATES REALTY INC.. MLS®/PropTx.

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