2907-101 Erskine Avenue, Toronto, ON

Mount Pleasant West, Toronto · MLS® C13178384

$4,000/mo
For Lease
Listed 57 days ago
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2Bedrooms
3Bathrooms
1Garage
1000-1199Sq Ft

About this home

Perched on the 29th floor of 101 Erskine Avenue, this exceptional corner residence offers a rare combination of panoramic city views, refined finishes, and extraordinary natural light. Expansive floor-to-ceiling windows wrap around the suite, filling the space with sunlight throughout the day and creating an open, airy atmosphere rarely found in condominium living. The thoughtfully designed open-concept layout seamlessly connects the kitchen, dining, and living areas, making the home equally suited for everyday comfort and effortless entertaining. A large open balcony to take in the sweeping skyline views, or unwind at the end of the day surrounded by natural light and the energy of Midtown Toronto. The contemporary kitchen features sleek cabinetry, integrated modern appliances, clean architectural lines, and finishes that truly stand apart from typical rental offerings. Automated blinds throughout the suite add an added layer of comfort and sophistication. One of the most desirable and uncommon features of this residence is its exceptional bathroom layout. Both bedrooms feature their own private ensuite bathroom, offering comfort and privacy rarely available in two-bedroom suites, while the separate powder room provides added convenience for guests. Both bedrooms are generously proportioned and thoughtfully positioned for privacy, each offering large windows, ample closet space, and beautifully finished interiors that elevate the overall living experience. Residents enjoy access to an impressive collection of amenities and concierge services designed to complement a modern urban lifestyle. Located in the heart of Midtown Toronto, this sought-after address places the city's best restaurants, cafés, shopping, parks, and transit connections just moments away. This is more than a lease opportunity. It is a rare chance to experience elevated city living in a beautifully finished corner residence where light, design, privacy, and functionality come together effortlessly.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13178384
Bedrooms
2
Bathrooms
3 (1 half)
Size
1000-1199
Cross streets
Mt. Pleasant/Eglinton/Yonge
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
South East
Days on market
57
Listing brokerage
RE/MAX HALLMARK REALTY LTD.
Moe’s TakeTeam Asgarian · Broker
Above comparables
$3,726/moest. value

Listed at $4,000/mo, this rental is about 7% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In Mount Pleasant West lately, landlords have been getting about 99% of asking and homes lease in about 17 days.

Based on 26 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 26 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 $3,500/mo
  • Bedrooms −$150/mo
  • Bathrooms +$100/mo
  • Adjusts to $3,450/mo

That comparable adjusts to $3,450/mo; the $3,726/mo estimate above is the median of all 26 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.

On schools, this address is zoned for John Fisher 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.

List price
$3,476/moBelow market$4,000/moAbove market

Total price vs nearby homes. Fair value about $3,726/mo, median of 26 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Mount Pleasant West · asking prices
$4,163avg 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$4,1503110-89 Dunfield Avenue$4,2001609-65 Broadway Avenue$4,800

The 4 closest active listings nearby.

See all comparable homes
4,000This home3,5004,1504,2004,800This home vs active comparables
Live market pulseActive comparables in Mount Pleasant West · median list $4K
7active listings nearby
57days on market
100leased nearby · 90 days
$2Kmedian leased price
99%of asking, on average

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.

Nearby neighbourhoods

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

Annex
$2K
North St. James Town
$2K
Bay Street Corridor
$2K
Church-Yonge Corridor
$2K
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) →

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 John Fisher Junior Public School
85%
John Fisher Junior Public SchoolPublic · Elementary · 0.2 km awayHigher-rated than most nearby · 85% meet the provincial standard
Spectrum Alternative Senior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$18/mo
$5KIncome needed
0.9×Price ÷ income
$4Weekly 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 $18Property tax $3Total carry $21

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)
$17per month

Mortgage amount $3,200 · 4.14% over 25 years

$800Down payment (20.0%)
$3,200Loan before insurance
$0CMHC premium
$20Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$20

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

One-time closing costs

Ontario land transfer tax
$20
Toronto municipal land transfer tax
$20
Estimated closing costs
$40

Plus your down payment of $800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$21/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

$1,923Total interest paid
$5,123Total of all payments
Principal $3,200 Interest $1,923
YearPrincipalInterestBalance
1$75$130$3,125
2$78$127$3,047
3$81$124$2,966
4$85$120$2,881
5$88$117$2,792
6$92$113$2,700
7$96$109$2,605
8$100$105$2,505
9$104$101$2,401
10$108$97$2,292
11$113$92$2,179
12$118$87$2,062
13$123$82$1,939
14$128$77$1,811
15$133$72$1,678
16$139$66$1,540
17$144$61$1,395
18$150$54$1,245
19$157$48$1,088
20$163$42$925
21$170$35$755
22$177$28$577
23$185$20$393
24$192$13$200
25$200$4$0

At the end of your 5-year term

Total paid over the term
$1,025
Principal paid down
$408
Interest paid
$617
Balance remaining
$2,792

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 RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

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