Unit B-973 Willowdale Ave Avenue, Toronto, ON

Newtonbrook East, Toronto · MLS® C13137930

$1,198/mo
For Lease
Listed 63 days ago
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1Bedrooms
1Bathrooms
1Parking
700-1100Sq Ft

About this home

Best Deal! Free Internet! Ultra-High-Grade Water Softener! New Ventilator! Well Furnished! Quite Bright! Really Spacious! Wonderful Location! Close To All Amenities! Shopping Malls, Banks, Restaurants, TTC, etc. shared kitchen/utility. extra Parking fee! Thank you very much!

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
C13137930
Bedrooms
1
Bathrooms
1
Size
700-1100
Cross streets
Yonge St/Finch Ave E
Parking
1 parking
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Septic
Days on market
63
Listing brokerage
JDL REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Below the wider set
$1,570/moest. value

Listed at $1,198/mo, this rental is tracking about 24% 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 20 similar rentals nearby, adjusted for size, beds, and baths.Median of 20 comparable active listings, 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, listed at $1,800/mo
  • Bedrooms −$150/mo
  • Adjusts to $1,650/mo

That comparable adjusts to $1,650/mo; the $1,570/mo estimate above is the median of all 20 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.

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

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Cummer Ave at Willowdale Ave is about a 1-minute walk away.

List price
$1,198/moBelow market$2,000/moAbove market

Total price vs nearby homes. Fair value about $1,570/mo, median of 20 comparables.

Comparable listingsCurrently listed nearby in Newtonbrook East · asking prices
$1,387avg asking

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

Bsmt-218 Finch Avenue$1,450B1-949 Willowdale Avenue$1,100Bsmt-15 Nevada Avenue$1,490A1-949 Willowdale Avenue$1,300Lower-58 Finch Avenue$1,595

The 5 closest of 8 active listings nearby.

See all comparable homes
1,198This home1,4501,1001,4901,3001,595This home vs active comparables
Live market pulseActive comparables in Newtonbrook East · median list $2K
20active listings nearby
63days on market

62 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

Newtonbrook East, 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

62/ 100

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: Cummer Ave at Willowdale Ave, about 52 m away

20+ transit stops5 grocery20+ dining20+ parks17 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.

Willowdale East
$3K
Willowdale West
$4K
Wexford-Maryvale
$2K
Bendale
$2K
West Hill
$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 Cummer Valley Middle School
79%
Cummer Valley Middle SchoolPublic · Elementary · 0.7 km awayAbove the GTA average · 79% meet the provincial standard
Avondale Secondary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$5/mo
$4KIncome needed
0.3×Price ÷ income
$1Weekly 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 $5Property tax $1Total carry $6

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5per month

Mortgage amount $958 · 4.14% over 25 years

$240Down payment (20.0%)
$958Loan before insurance
$0CMHC premium
$6Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6

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

One-time closing costs

Ontario land transfer tax
$6
Toronto municipal land transfer tax
$6
Estimated closing costs
$12

Plus your down payment of $240. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6/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

$576Total interest paid
$1,534Total of all payments
Principal $958 Interest $576
YearPrincipalInterestBalance
1$22$39$936
2$23$38$913
3$24$37$888
4$25$36$863
5$26$35$836
6$28$34$809
7$29$33$780
8$30$31$750
9$31$30$719
10$32$29$687
11$34$28$653
12$35$26$617
13$37$25$581
14$38$23$543
15$40$22$503
16$42$20$461
17$43$18$418
18$45$16$373
19$47$14$326
20$49$12$277
21$51$10$226
22$53$8$173
23$55$6$118
24$58$4$60
25$60$1$0

At the end of your 5-year term

Total paid over the term
$307
Principal paid down
$122
Interest paid
$185
Balance remaining
$836

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 JDL REALTY INC.. MLS®/PropTx.

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