UPPER ROOM 1-123 Steeles Avenue, Toronto, ON

Newtonbrook East, Toronto · MLS® C13418082

$850/mo
For Lease
Listed 39 days ago
Request a showing
◎ Directions
1Bedrooms
1Bathrooms
1Garage
1500-2000Sq Ft

About this home

Location, Location, Location!This bright and clean one-bedroom unit is located on the second floor of a quiet, well-maintained home just one minute away from the TTC, making it the perfect spot for convenient city living. The room is fully furnished, move-in ready, and ideal for someone who values a comfortable and peaceful environment.The kitchen and washroom are shared, both kept very clean and well organized. The home atmosphere is calm and respectful, perfect for someone who enjoys a tidy and quiet living space. Female tenant only, preferably a student or working professional who will appreciate the location and cleanliness of the home. This is a safe, convenient neighborhood with easy access to shops, restaurants, and public transportationeverything you need is just around the corner. FEMALE TENANT ONLY!!

Key facts

Property type
Detached, 2-Storey
MLS®
C13418082
Bedrooms
1
Bathrooms
1
Size
1500-2000
Lot
50 × 122.5 ft
Cross streets
STEELES AVE E /WILLOWDALE AVE
Parking
1 garage (built-in)
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
39
Listing brokerage
EXP REALTY
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, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

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
$1,817avg asking

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

Basement Unit 1-123 Steeles Avenue$700Bsmt-77 Steeles Avenue$2,250Basement-18 Arran Crescent$2,500

The 3 closest active listings nearby.

See all comparable homes
850This home7002,2502,500This home vs active comparables
Live market pulseActive comparables in Newtonbrook East · median list $2K
6active listings nearby
39days on market

38 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

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 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 · 1.5 km awayAbove the GTA average · 79% meet the provincial standard
Avondale Secondary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$4/mo
$4KIncome needed
0.2×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 $4Property tax $1Total carry $4

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)
$4per month

Mortgage amount $680 · 4.14% over 25 years

$170Down payment (20.0%)
$680Loan before insurance
$0CMHC premium
$4Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4

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

One-time closing costs

Ontario land transfer tax
$4
Toronto municipal land transfer tax
$4
Estimated closing costs
$9

Plus your down payment of $170. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4/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

$409Total interest paid
$1,089Total of all payments
Principal $680 Interest $409
YearPrincipalInterestBalance
1$16$28$664
2$17$27$647
3$17$26$630
4$18$26$612
5$19$25$593
6$20$24$574
7$20$23$553
8$21$22$532
9$22$21$510
10$23$21$487
11$24$20$463
12$25$19$438
13$26$17$412
14$27$16$385
15$28$15$357
16$29$14$327
17$31$13$297
18$32$12$265
19$33$10$231
20$35$9$197
21$36$7$160
22$38$6$123
23$39$4$83
24$41$3$43
25$43$1$0

At the end of your 5-year term

Total paid over the term
$218
Principal paid down
$87
Interest paid
$131
Balance remaining
$593

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 EXP REALTY. MLS®/PropTx.

CallRequest a showing