Lower-1538 Davenport Road, Toronto, ON

Corso Italia-Davenport, Toronto · MLS® W13578550

$1,450/mo
For Lease
Just listed today
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1Bedrooms
1Bathrooms
0Parking
700-1100Sq Ft

About this home

Corso Italia, One Of The Most Sought After Neighbourhoods, Presents You A Spacious One Bedroom Unit On Lower Floor Of A Well Maintained Semi-Detached Brick House! Crown Moulding and Pot Lights with Built-in Wall Unit in the Bedroom. Modern Eat-in Kitchen With Fireplace and Pot Lights. Steps To Transit & Amenities. Laundry Ensuite. Perfect For Students And Professionals To Start A New Life In Toronto. Simply Must Be Seen!!!

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
W13578550
Bedrooms
1
Bathrooms
1
Size
700-1100
Cross streets
Dufferin St & Davenport Rd
Parking
0 parking
Driveway
None
Basement
Finished
Heating
Water
A/C
Central Air
Exterior
Brick
Foundation
Not Applicable
Roof
Not Applicable
Sewer
Sewer
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

KitchenLower2.44 × 3.35 m

eat-in kitchen · pot lights · fireplace

BedroomLower4.85 × 4.72 m

tile floor · pot lights · crown moulding

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1,800/moest. value

Listed at $1,450/mo, this rental is about 19% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

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

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 $2,650/mo
  • Bedrooms −$150/mo
  • Bathrooms −$100/mo
  • Adjusts to $2,400/mo

That comparable adjusts to $2,400/mo; the $1,800/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.

The assigned public school is Regal Road 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.

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

List price
$1,450/moBelow market$2,050/moAbove market

Total price vs nearby homes. Fair value about $1,800/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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1,727avg asking

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

BSMT-24 Dairy Drive$1,700Ground-290 Mcnicoll Avenue$1,700Walk out BSMT-94 Micmac Crescent$1,780

The 3 closest active listings nearby.

See all comparable homes
1,450This home1,7001,7001,780This home vs active comparables
Live market pulseActive comparables in Corso Italia-Davenport · median list $2K
8active listings nearby
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.

Getting around

80/ 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: Davenport Rd at Primrose Ave, about 32 m away

20+ transit stops9 grocery20+ dining20+ parks20+ 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.

Dovercourt-Wallace Emerson-Junction
$2K
Wychwood
$2K
Palmerston-Little Italy
$2K
Annex
$3K
Little Portugal
$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 Regal Road Junior Public School
73%
Regal Road Junior Public SchoolPublic · Elementary · 0.5 km awayAround the GTA average · 73% meet the provincial standard
Winona Drive Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$7/mo
$4KIncome needed
0.4×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 $7Property tax $1Total carry $8

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)
$6per month

Mortgage amount $1,160 · 4.14% over 25 years

$290Down payment (20.0%)
$1,160Loan before insurance
$0CMHC premium
$7Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7

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

One-time closing costs

Ontario land transfer tax
$7
Toronto municipal land transfer tax
$7
Estimated closing costs
$15

Plus your down payment of $290. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8/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

$697Total interest paid
$1,857Total of all payments
Principal $1,160 Interest $697
YearPrincipalInterestBalance
1$27$47$1,133
2$28$46$1,105
3$29$45$1,075
4$31$44$1,044
5$32$42$1,012
6$33$41$979
7$35$40$944
8$36$38$908
9$38$37$870
10$39$35$831
11$41$33$790
12$43$32$747
13$44$30$703
14$46$28$657
15$48$26$608
16$50$24$558
17$52$22$506
18$55$20$451
19$57$17$394
20$59$15$335
21$62$13$274
22$64$10$209
23$67$7$142
24$70$5$73
25$73$2$0

At the end of your 5-year term

Total paid over the term
$371
Principal paid down
$148
Interest paid
$224
Balance remaining
$1,012

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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