Bsmt A-54 Cliffwood Road, Toronto, ON

Hillcrest Village, Toronto · MLS® C13509646

$1,800/mo
For Lease
Listed 21 days ago
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2Bedrooms
1Bathrooms
0Parking
700-1100Sq Ft
12 schools20+ transit stops13 parks20+ restaurantswithin 1.5 km

About this home

Welcome to the beautifully updated basement unit in the highly desirable Hillcrest community. The 2-bedroom, south-facing unit offers the ultimate combination of privacy, scenic natural views, and premium sunlight. This 2-bedroom unit is ideal for two individuals seeking privacy and living together under the same roof. Walking distance to top-rated secondary/high schools: A.Y. Jackson and Highland; Seneca College is just minutes away by car; parks, trails, library, Fairview Mall and supermarkets are nearby. This unit has shared access to laundry.

Key facts

Property type
Detached, 2-Storey
MLS®
C13509646
Bedrooms
2
Bathrooms
1
Size
700-1100
Cross streets
Steeles/Don Mills
Parking
0 parking
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
21
Listing brokerage
MASTER`S TRUST REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,088/moest. value

Listed at $1,800/mo, this rental is about 14% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In Hillcrest Village lately, landlords have been getting about 97% of asking and homes lease in about 33 days.

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

Based on 29 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 29 recently leased comparable homes — actual closing prices, not asks — 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, leased for $2,200/mo
  • Adjusts to $2,200/mo

That comparable adjusts to $2,200/mo; the $2,088/mo estimate above is the median of all 29 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.

On schools, this address is zoned for Cliffwood Public 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. McNicoll Ave at Clansman Blvd is about a 4-minute walk away. Worth weighing if transit access matters to you.

List price
$1,800/moBelow market$2,238/moAbove market

Total price vs nearby homes. Fair value about $2,088/mo, median of 29 comparables.

Comparable listingsCurrently listed nearby · asking prices
$2,519avg asking

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

Bsmt 2-14 Tarsus Crescent$1,500Two-Bedroom Bsmt-21 Squires Ave Avenue$1,398Upper-591 Jane Street$2,600Laneway-230 Boon Avenue$3,000Laneway-363 Euclid Avenue$4,099

The 5 closest active listings nearby.

See all comparable homes
1,800This home1,5001,3982,6003,0004,099This home vs active comparables
Live market pulseActive comparables in Hillcrest Village · median list $3K
7active listings nearby
21days on market
47leased nearby · 90 days
$3Kmedian leased price
97%of asking, on average

20 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

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

22/ 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 OpenStreetMap contributors.

Almost all errands require a car — groceries and transit are a drive away.

🚉 Nearest transit: McNicoll Ave at Clansman Blvd, about 359 m away

20+ transit stops3 grocery20+ dining13 parks4 pharmacies

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.

Tam O'Shanter-Sullivan
$2K
Willowdale West
$11K
Milliken
$2K
Woburn
$2K
Morningside
$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 Cliffwood Public School
93%
Cliffwood Public SchoolPublic · Elementary · 0.3 km awayAmong the top in the GTA · 93% meet the provincial standard
St. MatthiasEQAO 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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8per month

Mortgage amount $1,440 · 4.14% over 25 years

$360Down payment (20.0%)
$1,440Loan before insurance
$0CMHC premium
$9Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9

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
$18

Plus your down payment of $360. 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

$865Total interest paid
$2,305Total of all payments
Principal $1,440 Interest $865
YearPrincipalInterestBalance
1$34$58$1,406
2$35$57$1,371
3$37$56$1,335
4$38$54$1,296
5$40$52$1,257
6$41$51$1,215
7$43$49$1,172
8$45$47$1,127
9$47$45$1,080
10$49$43$1,032
11$51$41$981
12$53$39$928
13$55$37$873
14$57$35$815
15$60$32$755
16$62$30$693
17$65$27$628
18$68$25$560
19$71$22$490
20$73$19$416
21$77$16$340
22$80$12$260
23$83$9$177
24$87$6$90
25$90$2$0

At the end of your 5-year term

Total paid over the term
$461
Principal paid down
$183
Interest paid
$278
Balance remaining
$1,257

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 MASTER`S TRUST REALTY INC.. MLS®/PropTx.

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