608-485 Eglinton Avenue, Toronto, ON

Mount Pleasant East, Toronto · MLS® C13442006

$1,700/mo
For Lease
Listed 38 days ago
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1Bedrooms
1Bathrooms
1Garage
0-499Sq Ft
19 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

*Sign Your Lease by June 30th, 2026 And Move-In by September 01st, 2026 & Enjoy One (1) Month Of Rent Absolutely Free - Don't Miss Out On This Limited-Time Offer! Must Move-In, On Or Before September 01st, 2026 To Qualify For Promotional Pricing & Incentives. Welcome To Your New Home! Bright & Spacious, Renovated Bachelor Suite With Open Concept Living/Dining/Sleep, Generously Proportioned, Allowing You To Create Your Ideal Living Environment. Conveniently Located Near Mt Pleasant & Eglinton. What You'll Love: Located In A Charming, Clean & Well Managed Building; Utilities (Water, Heat & Hydro) Included; Visitors Parking; Resident Parking Onsite (Underground/Surface) & Locker Available At Additional Cost; Close To All Amenities: Grocery Stores, Coffee Shops, Restaurants, Pharmacies, Canada Post, Banks, Shopping, Parks, Playgrounds, Schools, Community Centre, Fitness Centers, Yoga Studios, Public Transit, Minutes to Yonge & Eglinton Subway Station & Even Closer Is The New Mt. Pleasant LRT Station. You'll Love Coming Home To This Inviting, Friendly, And Well Maintained Building. Act Fast Because Opportunities Like This Won't Last Long!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13442006
Bedrooms
1
Bathrooms
1
Size
0-499
Cross streets
EGLINTON AVE E & BANFF RD
Parking
1 garage (underground)
Basement
Other
Heating
Baseboard
A/C
None
Exterior
Brick
Exposure
South
Days on market
38
Listing brokerage
NEW WORLD 2000 REALTY INC.

Rooms

DenFlat2.07 × 2.01 m

parquet · open concept · window

Dining RoomFlat3.99 × 2.12 m

parquet · open concept · w/o to balcony

Living RoomFlat3.43 × 3.04 m

parquet · open concept · overlooks dining

KitchenFlat2.46 × 2.07 m

ceramic floor · french doors · double sink

OtherFlat1.67 × 1.24 m

parquet · closet · 4 pc bath

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. 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 (Northern Secondary School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Banff Road is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Mount Pleasant East · asking prices
$2,155avg asking

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

225-1720 Bayview Avenue$1,900505-1414 Bayview Avenue$2,0002506-200 Redpath Avenue$2,0952208-200 Redpath Avenue$2,625

The 4 closest active listings nearby.

See all comparable homes
1,700This home1,9002,0002,0952,625This home vs active comparables
Live market pulseActive comparables in Mount Pleasant East · median list $3K
22active listings nearby
38days 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 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

95/ 100

Walker's ParadiseA 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Banff Road, about 64 m away

20+ transit stops15 grocery20+ dining20+ parks15 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.

Mount Pleasant West
$3K
Lawrence Park South
$3K
Bay Street Corridor
$3K
Church-Yonge Corridor
$3K
Kensington-Chinatown
$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 Hodgson Middle School
76%
Hodgson Middle SchoolPublic · Elementary · 1.0 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$8/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 $8Property tax $1Total carry $9

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)
$7per month

Mortgage amount $1,360 · 4.14% over 25 years

$340Down payment (20.0%)
$1,360Loan before insurance
$0CMHC premium
$8Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8

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

One-time closing costs

Ontario land transfer tax
$9
Toronto municipal land transfer tax
$9
Estimated closing costs
$17

Plus your down payment of $340. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9/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

$817Total interest paid
$2,177Total of all payments
Principal $1,360 Interest $817
YearPrincipalInterestBalance
1$32$55$1,328
2$33$54$1,295
3$35$53$1,260
4$36$51$1,224
5$38$50$1,187
6$39$48$1,148
7$41$46$1,107
8$42$45$1,065
9$44$43$1,020
10$46$41$974
11$48$39$926
12$50$37$876
13$52$35$824
14$54$33$770
15$57$31$713
16$59$28$654
17$61$26$593
18$64$23$529
19$67$20$462
20$69$18$393
21$72$15$321
22$75$12$245
23$78$9$167
24$82$5$85
25$85$2$0

At the end of your 5-year term

Total paid over the term
$435
Principal paid down
$173
Interest paid
$262
Balance remaining
$1,187

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 NEW WORLD 2000 REALTY INC.. MLS®/PropTx.

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