1-1186 Royal York Road, Toronto, ON

Edenbridge-Humber Valley, Toronto · MLS® W13576402

$2,900/mo
For Lease
Just listed today
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2Bedrooms
1Bathrooms
2Parking
700-1100Sq Ft

About this home

Welcome to this bright and modern 2-bedroom, 1-bathroom apartment, ideally located near Royal York Rd & Dundas St W! Beautifully renovated in 2023, this thoughtfully designed unit features a private entrance leading into a welcoming foyer complete with ensuite laundry and convenient under-stair storage. Upstairs, you'll find a sun-filled open-concept living space where oversized windows and a Juliette balcony flood the home with natural light. The modern kitchen, complete with a built-in bar area, flows seamlessly into the inviting living room-perfect for both everyday living and entertaining. Both generously sized bedrooms feature their own Juliette balconies, offering plenty of natural light and peaceful views of the backyard. A stylishly updated bathroom with clean, contemporary finishes completes the interior. As an added bonus, this unit includes two tandem parking spaces-an incredibly rare feature in the area. Situated in an exceptionally well-maintained multiplex, you'll enjoy being just steps from charming cafés, transit, and all the shops, restaurants, and conveniences that make The Kingsway such a sought-after neighbourhood.

Key facts

Property type
Other, Apartment
MLS®
W13576402
Bedrooms
2
Bathrooms
1
Size
700-1100
Lot
60 × 110 ft
Cross streets
Royal York Rd & Dundas St
Parking
2 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Shingle
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Living RoomUpper0.00 × 0.00 m

juliette balcony · overlooks frontyard · combined w/kitchen

Bedroom 2Upper0.00 × 0.00 m

juliette balcony · closet · hardwood floor

BathroomUpper0.00 × 0.00 m

4 Pc Bath

KitchenUpper0.00 × 0.00 m

stainless steel appl · hardwood floor · combined w/living

BedroomUpper0.00 × 0.00 m

juliette balcony · closet · hardwood floor

Mud RoomGround0.00 × 0.00 m

side door · combined w/laundry · closet

Moe’s TakeTeam Asgarian · Broker
Above comparables
$2,417/moest. value

Listed at $2,900/mo, this rental is about 20% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

Based on 5 similar rentals nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, 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, listed at $1,800/mo
  • Bedrooms +$150/mo
  • Adjusts to $1,950/mo

That comparable adjusts to $1,950/mo; the $2,417/mo estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

On schools, this address is zoned for Humber Valley Village Junior Middle School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, this is a very walkable address with everyday errands close by. Royal York Rd at Ashley Park Rd North Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2,049/moBelow market$2,900/moAbove market

Total price vs nearby homes. Fair value about $2,417/mo, median of 5 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.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$3,220avg asking

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

616-320 Richmond Street$3,0002403-33 Shore Breeze Drive$3,1003302-609 Sherbourne Street$3,2002110-105 The Queensway$3,350103-34 Tubman Avenue$3,450

The 5 closest of 7 active listings nearby.

See all comparable homes
2,900This home3,0003,1003,2003,3503,450This home vs active comparables
Live market pulseActive comparables in Edenbridge-Humber Valley · median list $3K
9active listings nearby
View comparable listings

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

Neighbourhood & location

Edenbridge-Humber Valley, 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.

Getting around

79/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Royal York Rd at Ashley Park Rd North Side, about 42 m away

20+ transit stops3 grocery13 dining20+ parks5 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Mimico
$3K
Dovercourt-Wallace Emerson-Junction
$2K
Kensington-Chinatown
$4K
Waterfront Communities C1
$3K
Bay Street 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 Humber Valley Village Junior Middle School
85%
Humber Valley Village Junior Middle SchoolPublic · Elementary · 0.6 km awayHigher-rated than most nearby · 85% meet the provincial standard

Affordability & Mortgage

Affordability
$13/mo
$4KIncome needed
0.7×Price ÷ income
$3Weekly 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 $13Property tax $2Total carry $15

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12per month

Mortgage amount $2,320 · 4.14% over 25 years

$580Down payment (20.0%)
$2,320Loan before insurance
$0CMHC premium
$14Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14

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

One-time closing costs

Ontario land transfer tax
$15
Toronto municipal land transfer tax
$15
Estimated closing costs
$29

Plus your down payment of $580. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$15/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

$1,394Total interest paid
$3,714Total of all payments
Principal $2,320 Interest $1,394
YearPrincipalInterestBalance
1$54$94$2,266
2$57$92$2,209
3$59$90$2,150
4$61$87$2,089
5$64$85$2,025
6$67$82$1,958
7$69$79$1,888
8$72$76$1,816
9$75$73$1,741
10$79$70$1,662
11$82$67$1,580
12$85$63$1,495
13$89$60$1,406
14$93$56$1,313
15$96$52$1,217
16$100$48$1,116
17$105$44$1,012
18$109$39$903
19$114$35$789
20$118$30$671
21$123$25$547
22$129$20$419
23$134$15$285
24$139$9$145
25$145$3$0

At the end of your 5-year term

Total paid over the term
$743
Principal paid down
$295
Interest paid
$447
Balance remaining
$2,025

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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