LL-22 Gormley Avenue, Toronto, ON

Yonge-St. Clair, Toronto · MLS® C12749092

$1,800/mo
For Lease
Listed 165 days ago
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1Bedrooms
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, Deer Park Is Renowned For Its Educational Institution. This One Bedroom Is A Fully Furnished, Beautifully Designed Open- Concept Living Area, Private Entrance. Bedroom Offers Spacious Closet, Ensuite /Shower, Full Kitchen and Dining Area. Great Size Living Room. This Level Also Includes A Complimentary Laundry Room. Utilities Are Included, Comfort and Convenience. $300 Key Deposit. 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®
C12749092
Bedrooms
1
Bathrooms
1
Size
700 sq ft
Cross streets
Oriole & Chaplin
Parking
0 parking
Driveway
None
Basement
Walk-Out
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
165
Listing brokerage
RE/MAX REALTRON REALTY INC.
Moe’s TakeTeam Asgarian · Broker
In line
$1,600/moest. value

Listed at $1,800/mo, this rental is within the range of comparable rentals, on the higher side. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Yonge-St. Clair, so I widened the search to the surrounding area.

Based on 9 similar rentals nearby, adjusted for size, beds, and baths.Median of 9 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 $1,700/mo
  • Adjusts to $1,700/mo

That comparable adjusts to $1,700/mo; the $1,600/mo estimate above is the median of all 9 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 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.

List price
$1,483/moBelow market$1,850/moAbove market

Total price vs nearby homes. Fair value about $1,600/mo, median of 9 comparables.

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
1,800This home1,8501,7001,6001,450This home vs active comparables
Live market pulseActive comparables in Toronto · median list $2K
45active 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
$8/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 $8Property tax $1Total carry $9

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)
$8per month

Mortgage amount $1,440 · 4.14% over 25 years

$360Down payment (20.0%)
$1,440Loan before insurance
$0CMHC premium
$9Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9

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

One-time closing costs

Ontario land transfer tax
$9
Toronto municipal land transfer tax
$9
Estimated closing costs
$18

Plus your down payment of $360. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9/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

$865Total interest paid
$2,305Total of all payments
Principal $1,440 Interest $865
YearPrincipalInterestBalance
1$34$58$1,406
2$35$57$1,371
3$37$56$1,335
4$38$54$1,296
5$40$52$1,257
6$41$51$1,215
7$43$49$1,172
8$45$47$1,127
9$47$45$1,080
10$49$43$1,032
11$51$41$981
12$53$39$928
13$55$37$873
14$57$35$815
15$60$32$755
16$62$30$693
17$65$27$628
18$68$25$560
19$71$22$490
20$73$19$416
21$77$16$340
22$80$12$260
23$83$9$177
24$87$6$90
25$90$2$0

At the end of your 5-year term

Total paid over the term
$461
Principal paid down
$183
Interest paid
$278
Balance remaining
$1,257

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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