The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
One property, multiple possibilities...welcome to 87 Rhodes Avenue, a fully renovated detached home with exceptional versatility and income potential. The main and upper levels offer 3 bedrooms and 2 full bathrooms. A bright 2-bedroom lower-level suite has its own kitchen, full bathroom, laundry, two walkouts and separate hydro meter, offering income potential, space for a growing family or multi-generational living. High ceilings, large windows, pot lights and updated flooring throughout. Two decks, including an upper deck for watching stars and fireworks, overlook a deep 32 x 110 ft. lot with private parking for two via mutual drive and potential for a ~1,300 sq. ft. garden suite. Updates include an owned combi boiler with tankless hot water (2025), waterproofing with a 20-year transferable warranty and a fully fenced yard (2024). Rhodes is a close-knit street where Halloween on front porches is a tradition. Walk to Lake Inez, Godspeed and Left Field, parks, the beach, shops and transit, with a quick route downtown. Explore Leslieville, The Beaches and Ashbridges Bay.
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Age Groups
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$6,434/mo
Mortgage (principal + interest)$5,907
Property taxFrom listing: $6,323/yr$527
Minimum 20% ($315,800 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$315,800
Ontario land transfer taxProvincial brackets, no first-time refund$28,055
Toronto land transfer taxMunicipal brackets, no first-time refund$28,055
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$374,710
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
