Bsmt-263 Hounslow Avenue, Toronto, ON

Willowdale West, Toronto · MLS® C13461272

$1,700/mo
For Lease
Listed 34 days ago
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1Bedrooms
1Bathrooms
1Parking
1100-1500Sq Ft

About this home

Location! Location! Steps To Bus Yonge/Sheppard Subway Station*Amazing Infrastructure @yourDoors: Public Transit, Excellent Schools, Theatres, Recreational Facilities, Restaurants & MuchMore*Modern Basement Apartment *Recently Renovated* New Laminate floors* Freshly painted*Modern Kitchen With Granite Countertops*New Bathroom With Shower/Glass Enclosure/ModernCabinet*Ensuite Laundry*1 Parking *$150/mo of utilities*

Key facts

Property type
Detached, Bungalow
MLS®
C13461272
Bedrooms
1
Bathrooms
1
Size
1100-1500
Cross streets
YONGE/SENLAC/FINCH
Parking
1 parking
Basement
Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Septic
Days on market
34
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY
Moe’s TakeTeam Asgarian · Broker
In line
$2,218/moest. value

Listed at $1,700/mo, this rental is within the range of comparable rentals, on the lower side. The number above is my independent estimate of value, not the asking price.

In Willowdale West lately, landlords have been getting about 99% of asking and homes lease in about 29 days.

There were not many closely comparable homes right in Willowdale West, so I widened the search to the surrounding area.

Based on 18 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 18 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $2,800/mo
  • Bedrooms −$150/mo
  • Adjusts to $2,650/mo

That comparable adjusts to $2,650/mo; the $2,218/mo estimate above is the median of all 18 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.

Its public catchment (Willowdale Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

List price
$1,650/moBelow market$2,650/moAbove market

Total price vs nearby homes. Fair value about $2,218/mo, median of 18 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby · asking prices
$1,820avg asking

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

72 Keegan (Lower) Crescent$1,700Lower-46 Shrewsbury Square$1,650BSMT-312 Coronation Drive$1,75037 MacDonald Avenue$1,799Lower Level-69 Paulart Drive$2,200

The 5 closest active listings nearby.

See all comparable homes
1,700This home1,7001,6501,7501,7992,200This home vs active comparables
Live market pulseActive comparables in Willowdale West · median list $2K
12active listings nearby
34days on market
100leased nearby · 90 days
$4Kmedian leased price
99%of asking, on average

33 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

Willowdale 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.

Bayview Village
$3K
Downsview-Roding-CFB
$3K
Briar Hill-Belgravia
$3K
Tam O'Shanter-Sullivan
$2K
Dovercourt-Wallace Emerson-Junction
$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 Willowdale Middle School
78%
Willowdale Middle SchoolPublic · Elementary · 0.3 km awayAbove the GTA average · 78% 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 23, 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 ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

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