Basement-66 Mackenzie Crescent, Toronto, ON

Little Portugal, Toronto · MLS® C13495208

$1,650/mo
For Lease
Listed 26 days ago
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1Bedrooms
1Bathrooms
0Parking
700Sq Ft

About this home

Spacious basement unit with high ceilings in well-maintained Victorian house! Best of all? You're in one of the coolest neighbourhoods in Toronto with everything at your door. Open concept living space with full kitchen, secluded entryway, and high ceilings (approximately 8 feet). Plenty of storage with double closet leading to large bedroom. Updated 4 piece bath with stylish features. Seconds away from Pizzeria Badiali, Vilda's, and all of the shops, restaurants, cafes and nightlife of both Dundas West and Ossington. Multiple transit lines make for easy commuting. Rent includes hydro, heat, and AC. Note that room measurements are approximate.

Key facts

Property type
Other, 2-Storey
MLS®
C13495208
Bedrooms
1
Bathrooms
1
Size
700 sq ft
Cross streets
Dundas St. W./Dovercourt Rd.
Parking
0 parking
Basement
Separate Entrance, Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete, Block
Roof
Asphalt Rolled
Sewer
Sewer
Days on market
26
Listing brokerage
REAL ESTATE HOMEWARD

Rooms

BedroomBasement3.00 × 2.00 m
KitchenBasement3.00 × 2.00 m
Living RoomBasement3.00 × 2.00 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,107/moest. value

Listed at $1,650/mo, this rental is about 22% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In Little Portugal lately, landlords have been getting about 99% of asking and homes lease in about 20 days.

Based on 6 similar rentals nearby, adjusted for size, beds, and baths.Median of 6 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 $2,500/mo
  • Adjusts to $2,500/mo

That comparable adjusts to $2,500/mo; the $2,107/mo estimate above is the median of all 6 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.

Its public catchment (Alexander Muir/Gladstone Ave Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

List price
$1,650/moBelow market$2,300/moAbove market

Total price vs nearby homes. Fair value about $2,107/mo, median of 6 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Little Portugal · asking prices
$2,267avg asking

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

3-646 Lansdowne Avenue$2,000Lower-80 Northcote Avenue$2,3002nd Floor-77 Northcote Avenue$2,500

The 3 closest active listings nearby.

See all comparable homes
1,650This home2,0002,3002,500This home vs active comparables
Live market pulseActive comparables in Little Portugal · median list $2K
6active listings nearby
26days on market
100leased nearby · 90 days
$3Kmedian 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

Little Portugal, 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.

Niagara
$4K
Waterfront Communities C1
$2K
Bay Street Corridor
$3K
Church-Yonge Corridor
$2K
Waterfront Communities C8
$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 Alexander Muir/Gladstone Ave Junior and Senior Public School
73%
Alexander Muir/Gladstone Ave Junior and Senior Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 73% meet the provincial standard
ALPHA II Alternative SchoolEQAO results not published

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 $1,320 · 4.14% over 25 years

$330Down payment (20.0%)
$1,320Loan 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
$8
Toronto municipal land transfer tax
$8
Estimated closing costs
$17

Plus your down payment of $330. 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

$793Total interest paid
$2,113Total of all payments
Principal $1,320 Interest $793
YearPrincipalInterestBalance
1$31$54$1,289
2$32$52$1,257
3$34$51$1,223
4$35$50$1,188
5$36$48$1,152
6$38$47$1,114
7$40$45$1,074
8$41$43$1,033
9$43$42$990
10$45$40$946
11$47$38$899
12$49$36$850
13$51$34$800
14$53$32$747
15$55$30$692
16$57$27$635
17$60$25$576
18$62$22$514
19$65$20$449
20$67$17$382
21$70$14$311
22$73$11$238
23$76$8$162
24$79$5$83
25$83$2$0

At the end of your 5-year term

Total paid over the term
$423
Principal paid down
$168
Interest paid
$255
Balance remaining
$1,152

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 REAL ESTATE HOMEWARD. MLS®/PropTx.

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