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For Lease

197 Hallam Street 1 #1

Dovercourt-Wallace Emerson-Junction, Toronto, ON
$2,150
0Bd
1Ba
< 700sqft
0Parking
DetachedMLS# W12779572Listed 2026-02-1175 DOM
Basement
Finished

On the market for 75 days — longer than average. The seller may be open to negotiation.

About this home

Move-in date: 4/15th. Unit will be professionally cleaned. All utilities included. Welcome to this beautifully renovated studio, 1-bathroom unit that has access to the basement laundry. The utility room in the basement is located behind a locked door, and this area in the basement is not considered part of the unit. Two entrances (front door and rear yard). The spacious studio is filled with natural light and features stunning floor-to-ceiling windows. The modern bathroom showcases sleek design with high-end fixtures and finishes throughout. Just outside your door is quiet private back yard, steps away from Dovercourt Park, and a short walk to cafés, restaurants, grocery stores, shopping, TTC. There is access to the basement for laundry (combo washer-dryer) with storage space. The owner occasionally occupies the basement suite, which has its own private entrance. The owner retains access to the shared washer and dryer, as well as the mechanical room housing the boiler system and electrical panels when required. Visits are expected approximately once every three months, for a duration of up to a couple of days. - please head to the rear for direct unit access.*****The legal rental price is $2,193.88, a 2% discount is available for timely rent payments. Take advantage of this 2% discount for paying rent on time, and reduce your rent to the asking price and pay $2,150 per month.

Renovated

Rooms

Main Floor
Kitchen2.77 × 2.65 m
Living Room2.74 × 2.16 m
Dining Room3.20 × 4.42 m

Features

  • Carpet Free
  • Finished
  • Wall Unit(s)
  • 3-Storey

Financials

Estimated Rental Income

Entire property$2,000 – $3,000/mo
Rental yield1116.3% – 1674.4%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Toronto

Days on market75 days
Buyer's MarketSeller's Market

Based on active listings in Toronto. Data updates daily.

Demographics — Toronto

Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership
53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

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. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$2,150
197 Hallam Street 1, Toronto
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