Main-22 Gormley Avenue, Toronto, ON

Yonge-St. Clair, Toronto · MLS® C12748964

$2,950/mo
For Lease
Listed 165 days ago
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2Bedrooms
1Bathrooms
0Parking
700Sq Ft

About this home

Location! Location! Location! Beautiful Home Located In The Highly Sought After Affluent Neighborhood Of Chaplin Estates Next To Yonge & Davisville. The Perfect Balance Of A Quiet & Family Oriented Neighborhood With Amazing Easy Access To A High Density Of Shops, Top Rated Restaurants, Toronto's Best Schools, Yonge St, Parks, & Ttc. Naturally Lit Main Floor Unit Consisting Of Two Bedrooms, Sprawling Living Room W/Picture Windows, & A Separate Spacious. No Smoking Of Any Kind Is Allowed On Premises, No Pets As Resident's Allergic/Medical Condition. Parking And Locker Available For Extra Fees.

Key facts

Property type
Detached, 2-Storey
MLS®
C12748964
Bedrooms
2
Bathrooms
1
Size
700 sq ft
Cross streets
ORIOLE & CHAPLIN
Parking
0 parking
Driveway
None
Basement
None
Heating
Forced Air
A/C
Wall Unit(s)
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
165
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Living RoomMain0.00 × 0.00 m

Combined w/Dining

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent leases and give you a straight answer on what it will really take.

On schools, this address is zoned for North Toronto Collegiate Institute, 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. Yonge St at Merton St is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

Comparable listingsCurrently listed nearby · asking prices
$1,650avg asking

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

Upper-27 Rivercourt Boulevard$1,850157 Medland Street$1,700Lower-46 Byng Avenue$1,600Basement-17 Keystone Avenue$1,450

The 4 closest active listings nearby.

See all comparable homes
2,950This home1,8501,7001,6001,450This home vs active comparables
Live market pulseActive comparables in Toronto · median list $2K
66active listings nearby
165days on market

164 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

Yonge-St. Clair, 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

83/ 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: Yonge St at Merton St, about 237 m away

20+ transit stops10 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.

Willowdale West
$4K
Willowdale East
$3K
Wexford-Maryvale
$2K
Islington-City Centre West
$3K
Bendale
$2K

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 Deer Park Junior and Senior Public School
84%
Deer Park Junior and Senior Public SchoolPublic · Elementary · 0.8 km awayHigher-rated than most nearby · 84% 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)
$13per month

Mortgage amount $2,360 · 4.14% over 25 years

$590Down payment (20.0%)
$2,360Loan before insurance
$0CMHC premium
$14Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$13
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
$30

Plus your down payment of $590. 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

$1,418Total interest paid
$3,778Total of all payments
Principal $2,360 Interest $1,418
YearPrincipalInterestBalance
1$55$96$2,305
2$58$94$2,247
3$60$91$2,187
4$63$89$2,125
5$65$86$2,059
6$68$83$1,992
7$71$80$1,921
8$74$77$1,847
9$77$74$1,771
10$80$71$1,691
11$83$68$1,607
12$87$64$1,521
13$90$61$1,430
14$94$57$1,336
15$98$53$1,238
16$102$49$1,136
17$107$45$1,029
18$111$40$918
19$116$36$803
20$120$31$682
21$125$26$557
22$131$20$426
23$136$15$290
24$142$9$148
25$148$3$0

At the end of your 5-year term

Total paid over the term
$756
Principal paid down
$301
Interest paid
$455
Balance remaining
$2,059

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 RE/MAX REALTRON REALTY INC.. MLS®/PropTx.

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