4204-33 Lombard Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13457004

$6,500/mo
For Lease
Listed 31 days ago
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3Bedrooms
2Bathrooms
2Garage
1600-1799Sq Ft

About this home

July 1st occupancy. A stunning 3-bedroom suite on the 42nd floor with two parking spaces! 1 Year lease available, fully furnished 3 - bedroom suite featuring panoramic south-east views of the lake and city. With an expansive layout of 1,702 sq. ft., this home offers versatile living spaces - use it as three bedrooms or two bedrooms plus a den/family room. Highlights include a spacious wrap-around terrace (521 sq. ft.) with four walk-outs and a gas line for a barbecue, perfect for entertaining, a beautiful kitchen by Paris Kitchens, two-car tandem parking plus a bike rack for two, 9-foot ceilings and floor-to-ceiling windows providing ample natural light and breathtaking unobstructed views. This beautifully-furnished suite has been owner-occupied and is leasing for the first time!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13457004
Bedrooms
3
Bathrooms
2
Size
1600-1799
Cross streets
Adelaide & Church Street
Parking
2 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Exposure
South East
Days on market
31
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

Primary BedroomFlat5.79 × 4.01 m

se view · walk-in closet(s) · 5 pc ensuite

KitchenFlat4.41 × 4.01 m

pantry · south view · w/o to balcony

Bedroom 2Flat4.76 × 3.53 m

south view · hardwood floor · closet

Dining RoomFlat0.00 × 0.00 m

combined w/dining · hardwood floor · w/o to balcony

Living RoomFlat7.51 × 5.58 m

combined w/dining · se view · w/o to balcony

Bedroom 3Flat5.18 × 3.35 m

east view · hardwood floor · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$7,381/moest. value

Listed at $6,500/mo, this rental is tracking about 12% 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 65 similar rentals nearby, adjusted for size, beds, and baths.Median of 65 comparable active listings, 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, listed at $3,200/mo
  • Size difference +$2,540/mo
  • Bedrooms +$150/mo
  • Adjusts to $5,890/mo

That comparable adjusts to $5,890/mo; the $7,381/mo estimate above is the median of all 65 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.

The assigned public school is Market Lane Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full 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.

List price
$6,500/moBelow market$7,619/moAbove market

Total price vs nearby homes. Fair value about $7,381/mo, median of 65 comparables.

Live market pulseActive comparables in Church-Yonge Corridor · median list $3K
66active listings nearby
31days on market

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Church-Yonge Corridor, 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.

Waterfront Communities C8
$3K
Bay Street Corridor
$3K
Waterfront Communities C1
$3K
Kensington-Chinatown
$3K
North St. James Town
$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 Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 0.9 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$30/mo
$5KIncome needed
1.3×Price ÷ income
$7Weekly 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 $30Property tax $4Total carry $34

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)
$28per month

Mortgage amount $5,200 · 4.14% over 25 years

$1,300Down payment (20.0%)
$5,200Loan before insurance
$0CMHC premium
$32Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$28
Property tax
$4
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$32

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

One-time closing costs

Ontario land transfer tax
$33
Toronto municipal land transfer tax
$33
Estimated closing costs
$65

Plus your down payment of $1,300. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$34/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

$3,125Total interest paid
$8,325Total of all payments
Principal $5,200 Interest $3,125
YearPrincipalInterestBalance
1$122$211$5,078
2$127$206$4,951
3$132$201$4,819
4$138$195$4,681
5$144$189$4,538
6$150$183$4,388
7$156$177$4,232
8$162$171$4,070
9$169$164$3,901
10$176$157$3,725
11$184$149$3,541
12$191$142$3,350
13$199$134$3,151
14$208$125$2,944
15$216$117$2,727
16$225$108$2,502
17$235$98$2,267
18$244$89$2,023
19$255$78$1,768
20$265$68$1,503
21$276$57$1,226
22$288$45$938
23$300$33$638
24$313$20$326
25$326$7$0

At the end of your 5-year term

Total paid over the term
$1,665
Principal paid down
$662
Interest paid
$1,003
Balance remaining
$4,538

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 SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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