Basement-98 Newton Drive, Toronto, ON

Newtonbrook East, Toronto · MLS® C13412688

$1,500/mo
For Lease
Listed 41 days ago
Request a showing
◎ Directions
3Bedrooms
1Bathrooms
0Parking
1100-1500Sq Ft

About this home

Welcome to this bright and exceptionally well-maintained 3-bedroom basement apartment in the highly sought-after Willowdale/North York community. This clean, carpet-free unit offers a comfortable and modern living space, complete with a private ensuite washer and dryer for added convenience. Ideally located just steps from Yonge Street, TTC transit, and the subway station, this home provides easy access to schools, supermarkets, restaurants, shopping centres, parks, and a wide range of amenities that North York has to offer. Move-in ready and thoughtfully maintained, this apartment is perfect for tenants seeking a practical, comfortable lifestyle in a prime location. Tenant is responsible for 50% of hydro, gas, and water utilities. Tenant insurance is required. No parking is available with this unit. Don't miss this excellent leasing opportunity-schedule your viewing today!

Key facts

Property type
Detached, Bungalow
MLS®
C13412688
Bedrooms
3
Bathrooms
1
Size
1100-1500
Lot
40 × 125 ft
Cross streets
Willowdale And Steeles Ave E
Parking
0 parking
Driveway
Private
Basement
Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Shingles
Sewer
Sewer
Days on market
41
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

Dining RoomBasement2.74 × 1.50 m

ceramic floor · pot lights · window

Living RoomBasement3.69 × 3.68 m

ceramic floor · sliding doors · window

BedroomBasement3.68 × 2.74 m

ceramic floor · pot lights · large window

KitchenBasement2.74 × 1.50 m

ceramic floor · window · double sink

Bedroom 2Basement3.05 × 2.74 m

ceramic floor · window

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent leases and give you a straight answer on what it will really take.

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. Willowdale Ave at Newton Dr is about a 1-minute walk away.

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.

  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
  • Worth verifying
Comparable listingsCurrently listed nearby in Newtonbrook East · asking prices
$3,000avg asking

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

58 Abitibi Avenue$3,100main floor-998 Willowdale Avenue$2,600389 Ruth Avenue$3,300

The 3 closest active listings nearby.

See all comparable homes
1,500This home3,1002,6003,300This home vs active comparables
Live market pulseActive comparables in Newtonbrook East · median list $3K
5active listings nearby
41days on market

39 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 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

69/ 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: Willowdale Ave at Newton Dr, about 80 m away

20+ transit stops5 grocery20+ dining20+ parks14 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
$3K
Bayview Village
$1K
Wexford-Maryvale
$2K
Bendale
$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 Cummer Valley Middle School
79%
Cummer Valley Middle SchoolPublic · Elementary · 1.1 km awayAbove the GTA average · 79% meet the provincial standard
Avondale Secondary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$7/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 $7Property tax $1Total carry $8

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)
$6per month

Mortgage amount $1,200 · 4.14% over 25 years

$300Down payment (20.0%)
$1,200Loan before insurance
$0CMHC premium
$7Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7

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

One-time closing costs

Ontario land transfer tax
$8
Toronto municipal land transfer tax
$8
Estimated closing costs
$15

Plus your down payment of $300. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8/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

$721Total interest paid
$1,921Total of all payments
Principal $1,200 Interest $721
YearPrincipalInterestBalance
1$28$49$1,172
2$29$48$1,143
3$31$46$1,112
4$32$45$1,080
5$33$44$1,047
6$35$42$1,013
7$36$41$977
8$37$39$939
9$39$38$900
10$41$36$860
11$42$34$817
12$44$33$773
13$46$31$727
14$48$29$679
15$50$27$629
16$52$25$577
17$54$23$523
18$56$20$467
19$59$18$408
20$61$16$347
21$64$13$283
22$66$10$217
23$69$8$147
24$72$5$75
25$75$2$0

At the end of your 5-year term

Total paid over the term
$384
Principal paid down
$153
Interest paid
$231
Balance remaining
$1,047

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 HOMELIFE NEW WORLD REALTY INC.. MLS®/PropTx.

CallRequest a showing