11 Queen Magdalene Place, Toronto, ON

Hillcrest Village, Toronto · MLS® C13489184

$6,500/mo
For Lease
Listed 23 days ago
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7Bedrooms
6Bathrooms
2Garage · 6 parking
3500-5000Sq Ft

About this home

Luxury 50Ft Lot Detached House located in a beautiful pocket in North York! Built w/More Than $200,000 Upgrade! Upgraded 10Ft Ceiling On Ground Floor, 9Ft Celling on 2nd Floor and 9Ft in Bsmt. Hardwood Floors Throughout. 4x upstairs bedrooms all spacious enough to fit King beds and each have their own bathrooms. Primary bedroom includes a two walk-in closets with one the size of a bedroom! Large laundry room on upper floor for added convenience. Upgraded kitchen with Granite, Cabinet Lights, Large Island and Breakfast Area. W/O To Backyard. Living room/Dining room layouts are wide open and perfect for hosting family and friends. Basement finished By Builder With Tarion Warranty. Basement has three very spacious rooms that can be used for recreational, storage, etc. A.Y. Jackson School Zone, Close To Schools, Shops, Malls & Highways.

Key facts

Property type
Detached, 2-Storey
MLS®
C13489184
Bedrooms
7 (4 + 3)
Bathrooms
6
Size
3500-5000
Lot
525.69
Cross streets
Don Mills/McNicoll
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
23
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Below the wider set
$9,730/moest. value

Listed at $6,500/mo, this rental is tracking about 33% 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 7 similar rentals nearby, adjusted for size, beds, and baths.Median of 7 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 $4,300/mo
  • Size difference +$4,000/mo
  • Bedrooms +$300/mo
  • Bathrooms +$300/mo
  • Adjusts to $8,900/mo

That comparable adjusts to $8,900/mo; the $9,730/mo estimate above is the median of all 7 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.

On schools, this address is zoned for A Y Jackson Secondary School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

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$10,700/moAbove market

Total price vs nearby homes. Fair value about $9,730/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.

  • Primary suite: a key comfort and resale feature.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Live market pulseActive comparables in Hillcrest Village · median list $3K
7active listings nearby
23days on market

21 days longer than the Toronto average (2 days).

View comparable listings

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

Neighbourhood & location

Hillcrest Village, 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
Islington-City Centre West
$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 Cresthaven Public School
75%
Cresthaven Public SchoolPublic · Elementary · 0.4 km awayAbove the GTA average · 75% meet the provincial standard
St. MatthiasEQAO 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 HOMELIFE NEW WORLD REALTY INC.. MLS®/PropTx.

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