5702-2221 Yonge Street, Toronto, ON

Mount Pleasant West, Toronto · MLS® C12966438

$5,800/mo
For Lease
Listed 105 days ago
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◎ Directions
2Bedrooms
3Bathrooms
1Garage
1400-1599Sq Ft
17 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

*ONE MONTH RENT FREE IN FIRST YEAR* Incredible Value For This Neighbourhood! Rarely Available Penthouse suite in the heart of Yonge & Eglinton! Magnificent Unobstructed South/East & West Views! Beautifully Appointed Luxury Finishes, Upgraded Appliances, 10' Ceilings with Sun-filled floor to ceiling windows! Walk-outs from Primary bedroom, living & dining rooms. Fabulous amenities include 24 hour concierge, fitness centre, outdoor BBQ & fire pits on 7th floor, spa on mezzanine, card room, movie theatre & billiard table on 6th floor, rooftop terrace open during summer season. Steps To Subway, Shopping, Restaurants and all that Yonge/Eglinton has to offer! Starbucks in the Building! Walk Score of 95! Valet Parking Only. Locker. Photos may not reflect the actual unit.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12966438
Bedrooms
2
Bathrooms
3 (1 half)
Size
1400-1599
Cross streets
Yonge/Eglinton
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
South East
Days on market
105
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

FoyerGround0.00 × 0.00 m

laminate · closet

Bedroom 2Ground3.14 × 2.77 m

3 pc ensuite · walk-in closet(s) · laminate

Living RoomGround3.75 × 5.97 m

laminate · w/o to balcony · overlooks dining

KitchenGround6.83 × 4.42 m

breakfast bar · centre island · overlooks dining

Dining RoomGround6.83 × 4.42 m

Laminate

LaundryGround0.00 × 0.00 m

B/I Shelves

Primary BedroomGround5.61 × 4.02 m

5 pc ensuite · walk-in closet(s) · laminate

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$6,476/moest. value

Listed at $5,800/mo, this rental is tracking about 10% below a wider set of rentals, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 92 similar rentals nearby, adjusted for size, beds, and baths.Median of 92 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 $1,600/mo
  • Size difference +$1,674/mo
  • Bedrooms +$150/mo
  • Bathrooms +$200/mo
  • Adjusts to $3,624/mo

That comparable adjusts to $3,624/mo; the $6,476/mo estimate above is the median of all 92 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 Whitney Junior Public School, 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. Eglinton Ave East - Eglinton Station is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$5,800/moBelow market$6,708/moAbove market

Total price vs nearby homes. Fair value about $6,476/mo, median of 92 comparables.

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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Worth verifying
  • Value driver
Comparable listingsCurrently listed nearby in Mount Pleasant West · asking prices
$4,150avg asking

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

4111-2191 Yonge Street$3,5001914-70 Roehampton Avenue$4,1501609-65 Broadway Avenue$4,800

The 3 closest active listings nearby.

See all comparable homes
5,800This home3,5004,1504,800This home vs active comparables
Live market pulseActive comparables in Mount Pleasant West · median list $2K
97active listings nearby
105days on market

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Mount Pleasant West, 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

100/ 100

Walker's ParadiseA 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: Eglinton Ave East - Eglinton Station, about 63 m away

20+ transit stops17 grocery20+ dining20+ parks18 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.

Annex
$3K
North St. James Town
$3K
Dovercourt-Wallace Emerson-Junction
$2K
Church-Yonge Corridor
$3K
Bay Street Corridor
$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 Whitney Junior Public School
94%
Whitney Junior Public SchoolPublic · Elementary · 2.6 km awayAmong the top in the GTA · 94% meet the provincial standard
Spectrum Alternative Senior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$26/mo
$5KIncome needed
1.2×Price ÷ income
$6Weekly 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 $26Property tax $4Total carry $30

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$25per month

Mortgage amount $4,640 · 4.14% over 25 years

$1,160Down payment (20.0%)
$4,640Loan before insurance
$0CMHC premium
$28Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$25
Property tax
$4
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$28

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

One-time closing costs

Ontario land transfer tax
$29
Toronto municipal land transfer tax
$29
Estimated closing costs
$58

Plus your down payment of $1,160. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$30/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

$2,788Total interest paid
$7,428Total of all payments
Principal $4,640 Interest $2,788
YearPrincipalInterestBalance
1$109$188$4,531
2$113$184$4,418
3$118$179$4,300
4$123$174$4,177
5$128$169$4,049
6$133$164$3,916
7$139$158$3,777
8$145$152$3,632
9$151$146$3,481
10$157$140$3,324
11$164$133$3,160
12$171$127$2,989
13$178$119$2,812
14$185$112$2,627
15$193$104$2,434
16$201$96$2,233
17$209$88$2,023
18$218$79$1,805
19$227$70$1,578
20$237$60$1,341
21$247$50$1,094
22$257$40$837
23$268$29$570
24$279$18$291
25$291$7$0

At the end of your 5-year term

Total paid over the term
$1,486
Principal paid down
$591
Interest paid
$895
Balance remaining
$4,049

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 FOREST HILL REAL ESTATE INC.. MLS®/PropTx.

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