Laneway House-266 Indian Grove, Toronto, ON

High Park North, Toronto · MLS® W13570118

$4,650/mo
For Lease
Listed 7 days ago
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2Bedrooms
3Bathrooms
0Parking
1100-1500Sq Ft

About this home

Newly Built, This Two-Story Laneway House Offers An Exceptionally Bright And Spacious Design While Providing A Private And Unique Alternative To A Conventional Rental. Large Modern Kitchen With S/S Appliances & Eat-At Island. Main Floor Powder Plus Two Generously-Sized Bedrooms With Ensuite Baths Make This A Great Option For Shared Living. Separate Den, Skylights, In-Suite Laundry And Two Private Entrances And An Easy Walk To Transit, Shopping And High Park. Street Permit Parking Is Available Per The City-Tenant To Confirm And Apply. Furnished Images Are Virtually Staged.

Key facts

Property type
Detached, 2-Storey
MLS®
W13570118
Bedrooms
2
Bathrooms
3 (1 half)
Size
1100-1500
Cross streets
Indian Grove & Bloor West
Parking
0 parking
Driveway
None
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Metal/Steel Siding, Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Days on market
7
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Bedroom 2Second3.35 × 3.04 m

4 pc ensuite · double closet · large window

Dining RoomGround3.96 × 2.44 m

Combined w/Kitchen

KitchenGround3.96 × 2.44 m

combined w/dining · centre island

Living RoomGround4.72 × 3.66 m

large window · overlooks backyard

Primary BedroomSecond3.35 × 3.04 m

3 pc ensuite · double closet · large window

DenSecond2.74 × 1.95 m
Moe’s TakeTeam Asgarian · Broker
Above comparables
$3,754/moest. value

Listed at $4,650/mo, this rental is about 24% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In High Park North lately, landlords have been getting about 101% of asking and homes lease in about 7 days. Rents are down 14% versus a year ago.

There were not many closely comparable homes right in High Park North, so I widened the search to the surrounding area.

Based on 44 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 44 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 $5,300/mo
  • Bedrooms −$150/mo
  • Bathrooms +$100/mo
  • Adjusts to $5,250/mo

That comparable adjusts to $5,250/mo; the $3,754/mo estimate above is the median of all 44 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.

List price
$3,242/moBelow market$4,650/moAbove market

Total price vs nearby homes. Fair value about $3,754/mo, median of 44 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
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$3,312avg asking

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

365 Harvie Avenue$4,000Laneway-363 Euclid Avenue$4,09943 Heman Street$3,350Basement-1178 Kipling Avenue$1,800

The 4 closest active listings nearby.

See all comparable homes
4,650This home4,0004,0993,3501,800This home vs active comparables
Live market pulseActive comparables in High Park North · median list $3K
6active listings nearby
7days on market
14leased nearby · 90 days
$3Kmedian leased price
101%of asking, on average
14%vs a year ago

6 days longer than the Toronto average (1 days).

View comparable listings

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

Neighbourhood & location

High Park North, Toronto, ON

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Dovercourt-Wallace Emerson-Junction
$2K
Briar Hill-Belgravia
$3K
Downsview-Roding-CFB
$3K
Willowdale West
$11K
Bayview Village
$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) →

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 $3,720 · 4.14% over 25 years

$930Down payment (20.0%)
$3,720Loan 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
$23
Toronto municipal land transfer tax
$23
Estimated closing costs
$47

Plus your down payment of $930. 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

$2,235Total interest paid
$5,955Total of all payments
Principal $3,720 Interest $2,235
YearPrincipalInterestBalance
1$87$151$3,633
2$91$147$3,542
3$95$144$3,447
4$99$140$3,349
5$103$136$3,246
6$107$131$3,139
7$111$127$3,028
8$116$122$2,912
9$121$117$2,791
10$126$112$2,665
11$131$107$2,534
12$137$101$2,397
13$142$96$2,254
14$148$90$2,106
15$155$84$1,951
16$161$77$1,790
17$168$70$1,622
18$175$63$1,447
19$182$56$1,265
20$190$48$1,075
21$198$40$877
22$206$32$671
23$215$24$457
24$224$15$233
25$233$5$0

At the end of your 5-year term

Total paid over the term
$1,191
Principal paid down
$474
Interest paid
$717
Balance remaining
$3,246

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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