187 Cassandra Boulevard, Toronto, ON

Parkwoods-Donalda, Toronto · MLS® C13471500

$4,950/mo
For Lease
Listed 32 days ago
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7Bedrooms
5Bathrooms
2Garage · 4 parking
3000-3500Sq Ft

About this home

Location, Location! Welcome to this well maintained, beautifulfive-bedroom + two bedroom Basement house in the highly sought-after neighborhood of Parkwoods. With a curb-appeal that you will fall in love with. This home boasts 5 bedrooms + 2 bedrooms with 5 washrooms, with a finished basement. This home has ample of space to play with,and a beautiful, large, private ravine type of backyard to be used for entertainment. Upstairs you will find brand new carpets that provide a cozy feel. Electric Car charger installed in the Garage for convenience. New AC unit installed in the home. This home is located in a Central, Prime area close to everything you can think of, such as Parks & Trails, variety of schools, walking distance to Parkway Mall, Walking distance to Transit, Recreational facilities, 2 minutes drive to highways (404 & 401) and much more! This home is a perfect Rental for large families, you will instantly fall in love! Looking for Excellent, Financially capable Tenant that will take care of this home as their own.

Key facts

Property type
Detached, 2-Storey
MLS®
C13471500
Bedrooms
7 (5 + 2)
Bathrooms
5 (2 half)
Size
3000-3500
Lot
55.07 × 120.12 ft
Cross streets
CASSANDRA/ UNDERHILL
Parking
2 garage · 4 parking (built-in)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete, Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
32
Listing brokerage
RE/MAX EXPERTS

Rooms

Bedroom 5Second3.64 × 2.92 m

large closet · overlooks backyard · broadloom

Living RoomMain6.63 × 3.88 m

fireplace · bay window · overlooks garden

RecreationBasement6.40 × 3.70 m

window · combined w/office · broadloom

OfficeBasement5.40 × 3.75 m

window · combined w/rec · broadloom

Dining RoomMain3.38 × 3.41 m

broadloom · overlooks frontyard · separate room

Family RoomMain5.62 × 3.90 m

hardwood floor · separate room · w/o to yard

Bedroom 2Second3.35 × 3.29 m

large closet · overlooks frontyard · broadloom

Bedroom 3Second3.35 × 3.29 m

large closet · overlooks frontyard · broadloom

OtherBasement4.50 × 3.80 m

combined w/laundry · hardwood floor

Bedroom 4Second4.00 × 3.10 m

large closet · overlooks backyard · broadloom

Primary BedroomSecond4.73 × 4.00 m

walk-in closet(s) · 4 pc ensuite · 3 pc ensuite

KitchenMain3.70 × 2.52 m

hardwood floor · pantry · eat-in kitchen

Moe’s TakeTeam Asgarian · Broker
In line
$6,020/moest. value

Listed at $4,950/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.

There were not many closely comparable homes right in Parkwoods-Donalda, so I widened the search to the surrounding area.

Based on 7 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 7 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 $5,000/mo
  • Size difference +$1,750/mo
  • Bedrooms +$150/mo
  • Bathrooms +$200/mo
  • Adjusts to $7,100/mo

That comparable adjusts to $7,100/mo; the $6,020/mo estimate above is the median of all 7 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.

The assigned public school is Ranchdale Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$4,297/moBelow market$7,135/moAbove market

Total price vs nearby homes. Fair value about $6,020/mo, median of 7 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Live market pulseActive comparables in Parkwoods-Donalda · median list $4K
7active listings nearby
32days on market

31 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

Parkwoods-Donalda, 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.

Tam O'Shanter-Sullivan
$2K
Bayview Village
$3K
Woburn
$2K
Milliken
$2K
Willowdale West
$11K

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 Ranchdale Public School
67%
Ranchdale Public SchoolPublic · Elementary · 0.1 km awayBelow the GTA average · 67% meet the provincial standard
Parkview Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$23/mo
$5KIncome needed
1.1×Price ÷ income
$5Weekly 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 $23Property tax $3Total carry $26

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)
$21per month

Mortgage amount $3,960 · 4.14% over 25 years

$990Down payment (20.0%)
$3,960Loan before insurance
$0CMHC premium
$24Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$21
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$24

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

One-time closing costs

Ontario land transfer tax
$25
Toronto municipal land transfer tax
$25
Estimated closing costs
$50

Plus your down payment of $990. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$26/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

$2,380Total interest paid
$6,340Total of all payments
Principal $3,960 Interest $2,380
YearPrincipalInterestBalance
1$93$161$3,867
2$97$157$3,771
3$101$153$3,670
4$105$149$3,565
5$109$144$3,456
6$114$140$3,342
7$119$135$3,223
8$124$130$3,100
9$129$125$2,971
10$134$119$2,837
11$140$114$2,697
12$146$108$2,551
13$152$102$2,400
14$158$96$2,242
15$165$89$2,077
16$172$82$1,905
17$179$75$1,727
18$186$67$1,541
19$194$60$1,347
20$202$52$1,145
21$211$43$934
22$219$34$715
23$229$25$486
24$238$16$248
25$248$6$0

At the end of your 5-year term

Total paid over the term
$1,268
Principal paid down
$504
Interest paid
$764
Balance remaining
$3,456

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 RE/MAX EXPERTS. MLS®/PropTx.

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