Basement-11 Elynhill Drive, Toronto, ON

Willowdale West, Toronto · MLS® C13095962

$1,990/mo
For Lease
Listed 76 days ago
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2Bedrooms
2Bathrooms
2Parking
1100-1500Sq Ft

About this home

Location, Bright, very spacious, and fully renovated 2-bedroom basement suite in the prestigious Willowdale West neighborhood. This unit features 2 washrooms, a large open-concept living and family room filled with natural light, and a modern kitchen with ample space. Both bedrooms are generously sized with windows, creating a bright and comfortable living environment. Convenient separate entrance, shared laundry in a separate area, and 2 parking spots included. Located just a short walk to public transit, and close to schools, shopping, parks, and the library. Ideal for tenants seeking space, brightness, and an unbeatable location. Family, Students and newcomers welcome.

Key facts

Property type
Detached, Bungalow
MLS®
C13095962
Bedrooms
2
Bathrooms
2 (1 half)
Size
1100-1500
Cross streets
Yonge st / Sheppard st
Parking
2 parking
Driveway
Private
Basement
Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete, Concrete Block
Roof
Shingles
Sewer
Sewer
Days on market
76
Listing brokerage
CENTURY 21 HERITAGE GROUP LTD.

Rooms

Living RoomBasement4.00 × 10.00 m
Primary BedroomBasement4.00 × 3.00 m
Bedroom 2Basement4.00 × 3.00 m
KitchenBasement4.00 × 10.00 m
Dining RoomBasement4.00 × 10.00 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,959/moest. value

Listed at $1,990/mo, this rental is about 33% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In Willowdale West lately, landlords have been getting about 99% of asking and homes lease in about 31 days.

There were not many closely comparable homes right in Willowdale West, so I widened the search to the surrounding area.

Based on 53 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 53 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $3,500/mo
  • Bedrooms −$150/mo
  • Bathrooms +$100/mo
  • Adjusts to $3,450/mo

That comparable adjusts to $3,450/mo; the $2,959/mo estimate above is the median of all 53 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.

Its public catchment (Willowdale Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

List price
$1,990/moBelow market$3,509/moAbove market

Total price vs nearby homes. Fair value about $2,959/mo, median of 53 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
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby · asking prices
$1,858avg asking

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

Basement-54 George Anderson Drive$1,89037 MacDonald Avenue$1,799Lower Level-69 Paulart Drive$2,200BSMT-312 Coronation Drive$1,750Lower-46 Shrewsbury Square$1,650

The 5 closest active listings nearby.

See all comparable homes
1,990This home1,8901,7992,2001,7501,650This home vs active comparables
Live market pulseActive comparables in Willowdale West · median list $2K
15active listings nearby
76days on market
100leased nearby · 90 days
$4Kmedian leased price
99%of asking, on average

75 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

Willowdale 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.

Nearby neighbourhoods

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

Newtonbrook East
$3K
Downsview-Roding-CFB
$3K
Tam O'Shanter-Sullivan
$2K
Dovercourt-Wallace Emerson-Junction
$2K
Milliken
$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 Willowdale Middle School
78%
Willowdale Middle SchoolPublic · Elementary · 0.2 km awayAbove the GTA average · 78% meet the provincial standard

Affordability & Mortgage

Affordability
$9/mo
$4KIncome needed
0.5×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 $9Property tax $1Total carry $10

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8per month

Mortgage amount $1,592 · 4.14% over 25 years

$398Down payment (20.0%)
$1,592Loan before insurance
$0CMHC premium
$10Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10

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

One-time closing costs

Ontario land transfer tax
$10
Toronto municipal land transfer tax
$10
Estimated closing costs
$20

Plus your down payment of $398. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10/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

$957Total interest paid
$2,549Total of all payments
Principal $1,592 Interest $957
YearPrincipalInterestBalance
1$37$65$1,555
2$39$63$1,516
3$40$61$1,475
4$42$60$1,433
5$44$58$1,389
6$46$56$1,343
7$48$54$1,296
8$50$52$1,246
9$52$50$1,194
10$54$48$1,140
11$56$46$1,084
12$59$43$1,026
13$61$41$965
14$64$38$901
15$66$36$835
16$69$33$766
17$72$30$694
18$75$27$619
19$78$24$541
20$81$21$460
21$85$17$375
22$88$14$287
23$92$10$195
24$96$6$100
25$100$2$0

At the end of your 5-year term

Total paid over the term
$510
Principal paid down
$203
Interest paid
$307
Balance remaining
$1,389

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 CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.

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