Basement-41 Cameron Avenue, Toronto, ON

Lansing-Westgate, Toronto · MLS® C13023134

$1,700/mo
For Lease
Listed 93 days ago
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1Bedrooms
1Bathrooms
1Parking
700Sq Ft

About this home

Great Location. Bright One Bedroom Unit In Basement With Separate Entrance And Laundry. Modern Kitchen With Granite Countertops And Back Splash. Steps To Yonge Street. Very Close To Hwy 401, Yonge/Sheppard Subway, Shops, Supermarkets, And All Wonderful Amenities Yonge Street Has To Offer.

Key facts

Property type
Detached, 2-Storey
MLS®
C13023134
Bedrooms
1
Bathrooms
1
Size
700 sq ft
Lot
45 × 130 ft
Cross streets
Yonge/Sheppard
Parking
1 parking
Driveway
Private
Basement
Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
93
Listing brokerage
RIGHT AT HOME REALTY
Moe’s TakeTeam Asgarian · Broker
In line
$1,847/moest. value

Listed at $1,700/mo, this rental is within the range of comparable rentals, on the lower side. The number above is my independent estimate of value, not the asking price.

In Lansing-Westgate lately, landlords have been getting about 97% of asking and homes lease in about 28 days. Rents are up 33% versus a year ago.

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

Based on 24 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 24 recently leased comparable homes — actual closing prices, not asks — 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, leased for $3,000/mo
  • Bedrooms −$150/mo
  • Bathrooms −$100/mo
  • Adjusts to $2,750/mo

That comparable adjusts to $2,750/mo; the $1,847/mo estimate above is the median of all 24 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

List price
$1,600/moBelow market$2,150/moAbove market

Total price vs nearby homes. Fair value about $1,847/mo, median of 24 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby · asking prices
$1,820avg asking

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

Basement-54A Galley Avenue$1,700Basement-54 Muirlands Drive$1,550B-270 Coxwell Avenue$1,880Main-119 Essex Street$2,150

The 4 closest active listings nearby.

See all comparable homes
1,700This home1,7001,5501,8802,150This home vs active comparables
Live market pulseActive comparables in Lansing-Westgate · median list $2K
9active listings nearby
93days on market
14leased nearby · 90 days
$4Kmedian leased price
97%of asking, on average
+33%vs a year ago

92 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

Lansing-Westgate, Toronto, ON

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Briar Hill-Belgravia
$3K
Dovercourt-Wallace Emerson-Junction
$2K
Downsview-Roding-CFB
$3K
Willowdale West
$11K
Bayview Village
$3K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7per month

Mortgage amount $1,360 · 4.14% over 25 years

$340Down payment (20.0%)
$1,360Loan before insurance
$0CMHC premium
$8Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8

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
$17

Plus your down payment of $340. 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

$817Total interest paid
$2,177Total of all payments
Principal $1,360 Interest $817
YearPrincipalInterestBalance
1$32$55$1,328
2$33$54$1,295
3$35$53$1,260
4$36$51$1,224
5$38$50$1,187
6$39$48$1,148
7$41$46$1,107
8$42$45$1,065
9$44$43$1,020
10$46$41$974
11$48$39$926
12$50$37$876
13$52$35$824
14$54$33$770
15$57$31$713
16$59$28$654
17$61$26$593
18$64$23$529
19$67$20$462
20$69$18$393
21$72$15$321
22$75$12$245
23$78$9$167
24$82$5$85
25$85$2$0

At the end of your 5-year term

Total paid over the term
$435
Principal paid down
$173
Interest paid
$262
Balance remaining
$1,187

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 RIGHT AT HOME REALTY. MLS®/PropTx.

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