3-1216 St Clair Avenue, Toronto, ON

Corso Italia-Davenport, Toronto · MLS® W13216026

$1,850/mo
For Lease
Listed 54 days ago
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1Bedrooms
1Bathrooms
0Parking
700-1100Sq Ft

About this home

Situated on one of the liveliest stretches of Corso Italia, this newly built 1-bedroom, 1-bathroom suite offers the perfect blend of style and convenience. Just steps to an exceptional selection of cafes, restaurants, boutiques, food markets, and some of the city's top-rated gelaterias and bakeries. Convenient access to TTC transit along St. Clair with direct streetcar connection to the subway line. This thoughtfully designed unit features soaring 9+ ft ceilings, oversized and retractable skylights for fresh outdoor air. The modern kitchen showcases extra-height custom cabinetry, white quartz countertops, LED pot lights, and beautiful grey flooring throughout. Include fridge, stove, and dishwasher. Enjoy spacious principal rooms, a generously sized bedroom, and in-suite controlled central air and heating for year-round comfort. Secure building with buzzer entry system and on-site laundry facilities. An exceptional opportunity to live in one of Toronto's most vibrant neighborhoods. Your Welcome Package - Sign Before May 31st What would make your move-in feel special? This landlord is offering a curated move-in rewards package, because settling into a new home should feel like a fresh start, not a scramble. Sign your lease before May 31st and we'll build Your Welcome Package around you. Tell us what matters - local dining, home essentials, wellness, fitness, entertainment - and we'll make it happen. Rewards are curated based

Key facts

Property type
Other, Apartment
MLS®
W13216026
Bedrooms
1
Bathrooms
1
Size
700-1100
Cross streets
St Clair Ave W & Dufferin
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Days on market
54
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

BedroomFlat3.71 × 3.05 m

laminate · b/i closet · overlooks backyard

Living RoomFlat4.27 × 3.08 m

laminate · pot lights · w/o to deck

KitchenFlat2.44 × 3.08 m

laminate · combined w/living · ceramic backsplash

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,480/moest. value

Listed at $1,850/mo, this rental is about 25% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In Corso Italia-Davenport lately, landlords have been getting about 98% of asking and homes lease in about 28 days.

Based on 61 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 61 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 $3,100/mo
  • Bedrooms −$150/mo
  • Adjusts to $2,950/mo

That comparable adjusts to $2,950/mo; the $2,480/mo estimate above is the median of all 61 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 Oakwood 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
$1,850/moBelow market$2,756/moAbove market

Total price vs nearby homes. Fair value about $2,480/mo, median of 61 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$2,356avg asking

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

529-68 Corporate Drive$1,600#623-5233 Dundas Street$2,480920-10 Bloorview Place$2,6002707-5 Quarrington Lane$2,500339-1100 Sheppard Avenue$2,599

The 5 closest of 8 active listings nearby.

See all comparable homes
1,850This home1,6002,4802,6002,5002,599This home vs active comparables
Live market pulseActive comparables in Corso Italia-Davenport · median list $2K
5active listings nearby
54days on market
100leased nearby · 90 days
$2Kmedian 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

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.

Niagara
$4K
Bay Street Corridor
$3K
Church-Yonge Corridor
$2K
North St. James Town
$3K
Waterfront Communities C1
$2K

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 Rawlinson Community School
63%
Rawlinson Community SchoolPublic · Elementary · 0.8 km awayBelow the GTA average · 63% meet the provincial standard

Affordability & Mortgage

Affordability
$8/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 $8Property 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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8per month

Mortgage amount $1,480 · 4.14% over 25 years

$370Down payment (20.0%)
$1,480Loan before insurance
$0CMHC premium
$9Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9

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

One-time closing costs

Ontario land transfer tax
$9
Toronto municipal land transfer tax
$9
Estimated closing costs
$19

Plus your down payment of $370. 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

$889Total interest paid
$2,369Total of all payments
Principal $1,480 Interest $889
YearPrincipalInterestBalance
1$35$60$1,445
2$36$59$1,409
3$38$57$1,372
4$39$56$1,332
5$41$54$1,292
6$43$52$1,249
7$44$50$1,205
8$46$49$1,158
9$48$47$1,110
10$50$45$1,060
11$52$43$1,008
12$54$40$954
13$57$38$897
14$59$36$838
15$62$33$776
16$64$31$712
17$67$28$645
18$70$25$576
19$72$22$503
20$76$19$428
21$79$16$349
22$82$13$267
23$85$9$182
24$89$6$93
25$93$2$0

At the end of your 5-year term

Total paid over the term
$474
Principal paid down
$188
Interest paid
$285
Balance remaining
$1,292

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 HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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