BASEMENT ROOM 1-500 Drewry Avenue, Toronto, ON
Newtonbrook West, Toronto · MLS® C12883142
About this home
Welcome to this well-maintained furnished basement room for rent located in the highly desirable Newtonbrook West community, near the convenient intersection of Bathurst Street and Drewry Avenue. Offering a private separate entrance, this space provides comfort and privacy in a quiet, safe, and established neighborhood.The tenant will enjoy access to a shared kitchen and shared laundry facilities, making it an ideal and affordable option for students or young professionals seeking a clean and functional living arrangement. Thoughtfully furnished and move-in ready, this room offers a convenient lifestyle with minimal setup required.With close proximity to public transit, shopping, restaurants, parks, and nearby schools, this location provides excellent accessibility for commuting and everyday needs. A great opportunity to lease in one of North York's most sought-after areas.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- C12883142
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 1100-1500
- Lot
- 53 × 149.96 ft
- Cross streets
- Bathurst St/Drewry Ave
- Parking
- 1 garage (other)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Days on market
- 126
- Listing brokerage
- EXP REALTY
Rooms
laminate · window · closet
Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. 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.
Ask Moe if this price is fairThe assigned public school is R J Lang Elementary and Middle 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Drewry Ave at Bathurst St is about a 1-minute walk away.
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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
- Income potential
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homes125 days longer than the Toronto average (1 days).
View comparable listingsNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Newtonbrook West, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Drewry Ave at Bathurst St, about 78 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $840 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4
- Property tax
- $1
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $5
- Toronto municipal land transfer tax
- $5
- Estimated closing costs
- $11
Plus your down payment of $210. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $269
- Principal paid down
- $107
- Interest paid
- $162
- Balance remaining
- $733
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.
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EXP REALTY. MLS®/PropTx.