48 Transwell Avenue, Toronto, ON

Newtonbrook West, Toronto · MLS® C13028342

$6,600/mo
For Lease
Listed 87 days ago
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6Bedrooms
5Bathrooms
3Garage · 9 parking
3000-3500Sq Ft

About this home

Stunning custom-built executive 2-storey home located in a quiet and mature neighbourhood. Offering approximately 4,200 sq.ft. of beautifully finished living space, this home is fully upgraded and move-in ready.4Featuring 10 ft ceilings on the main floor and 9 ft ceilings on the second floor, the home provides a bright and spacious layout ideal for comfortable family living. The functional design includes a second staircase with separate entrance, as well as a professionally finished basement with direct access from the garage-perfect for extended family or additional living space. Enjoy excellent curb appeal, a fully fenced private backyard, and a tandem garage for 3 cars plus an extra-wide interlocking driveway accommodating up to 6 vehicles. Located close to top-rated schools, parks, transit, and all amenities. A rare opportunity to lease a luxurious, spacious, and well-maintained home in a prime location.

Key facts

Property type
Detached, 2-Storey
MLS®
C13028342
Bedrooms
6 (4 + 2)
Bathrooms
5 (1 half)
Size
3000-3500
Lot
60 × 125 ft
Cross streets
Finch/Bathurst
Parking
3 garage · 9 parking (built-in)
Basement
Separate Entrance, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
None
Days on market
87
Listing brokerage
RIFE REALTY

Rooms

Dining RoomMain4.12 × 3.53 m

hardwood floor · coffered ceiling(s) · pot lights

BreakfastMain4.12 × 2.94 m

hardwood floor · ceiling fan(s) · pot lights

Bedroom 3Second4.12 × 3.24 m

coffered ceiling(s) · ceramic floor · semi ensuite

Dining RoomBasement2.35 × 4.88 m

ceramic floor · pot lights

Family RoomBasement5.29 × 6.55 m

ceramic floor · pot lights

KitchenMain4.12 × 2.94 m

granite counters · stainless steel appl · granite counters

LaundryMain3.24 × 4.41 m

ceramic floor · b/i appliances · granite counters

Bedroom 4Second4.71 × 3.24 m

coffered ceiling(s) · ceramic floor · semi ensuite

BathroomBasement5.29 × 5.39 m

ceramic floor · window

Family RoomSecond6.76 × 3.82 m

hardwood floor · 5 pc ensuite · crown moulding

Living RoomMain3.24 × 2.94 m

hardwood floor · coffered ceiling(s) · pot lights

BedroomBasement5.29 × 2.35 m

ceramic floor · 3 pc bath · closet

Family RoomMain6.76 × 3.82 m

hardwood floor · moulded ceiling · fireplace

Bedroom 2Second4.12 × 3.24 m

coffered ceiling(s) · ceramic floor · 3 pc ensuite

LibraryMain3.24 × 2.94 m

hardwood floor · moulded ceiling · pot lights

Listing history

  1. Mar 1, 2026Listed$3,000

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$7,435/moest. value

Listed at $6,600/mo, this rental is tracking about 11% 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 32 similar rentals nearby, adjusted for size, beds, and baths.Median of 32 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 $3,800/mo
  • Size difference +$986/mo
  • Bedrooms +$300/mo
  • Bathrooms +$300/mo
  • Adjusts to $5,386/mo

That comparable adjusts to $5,386/mo; the $7,435/mo estimate above is the median of all 32 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.

The assigned public school is Northview Heights Secondary 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, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$6,600/moBelow market$7,946/moAbove market

Total price vs nearby homes. Fair value about $7,435/mo, median of 32 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.
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$7,775avg asking

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

790 B Midland Avenue$6,00064 Larwood Boulevard$6,50021 Leona Drive$5,6008 Frivick Court$13k

The 4 closest active listings nearby.

See all comparable homes
6,600This home6,0006,5005,60013kThis home vs active comparables
Live market pulseActive comparables in Newtonbrook West · median list $2K
33active listings nearby
87days on market

85 days longer than the Toronto average (2 days).

View comparable listings

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

Neighbourhood & location

Newtonbrook 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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

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 R J Lang Elementary and Middle School
60%
R J Lang Elementary and Middle SchoolPublic · Elementary · 1.3 km awayBelow the GTA average · 60% meet the provincial standard
Fisherville Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$30/mo
$5KIncome needed
1.3×Price ÷ income
$7Weekly 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 $30Property tax $4Total carry $34

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$28per month

Mortgage amount $5,280 · 4.14% over 25 years

$1,320Down payment (20.0%)
$5,280Loan before insurance
$0CMHC premium
$32Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$28
Property tax
$4
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$32

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

One-time closing costs

Ontario land transfer tax
$33
Toronto municipal land transfer tax
$33
Estimated closing costs
$66

Plus your down payment of $1,320. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$34/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

$3,173Total interest paid
$8,453Total of all payments
Principal $5,280 Interest $3,173
YearPrincipalInterestBalance
1$124$214$5,156
2$129$209$5,027
3$134$204$4,893
4$140$198$4,753
5$146$192$4,608
6$152$186$4,456
7$158$180$4,298
8$165$173$4,133
9$172$166$3,961
10$179$159$3,782
11$186$152$3,596
12$194$144$3,402
13$202$136$3,200
14$211$127$2,989
15$220$119$2,769
16$229$109$2,541
17$238$100$2,302
18$248$90$2,054
19$259$79$1,795
20$269$69$1,526
21$281$57$1,245
22$292$46$953
23$305$33$648
24$317$21$331
25$331$7$0

At the end of your 5-year term

Total paid over the term
$1,691
Principal paid down
$672
Interest paid
$1,018
Balance remaining
$4,608

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 RIFE REALTY. MLS®/PropTx.

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