#707 Suite A-505 Cummer Ave Avenue, Toronto, ON

Bayview Woods-Steeles, Toronto · MLS® C13516270

$899/mo
For Lease
Listed 15 days ago
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1Bedrooms
1Bathrooms
1Parking
600-699Sq Ft

About this home

Best Deal! Very Bright! Well Furnished! Free Internet! Unique Location! Walking To All Amenities! Shopping Center, TTC, Bank, Restaurant, Etc.shared bath/kitchen/utility. Optional parking. Thanks A Lot.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13516270
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
Finch Ave E/Bayview Ave
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Other
Exterior
Concrete
Exposure
West
Days on market
15
Listing brokerage
JDL REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent leases and give you a straight answer on what it will really take.

On schools, this address is zoned for Zion Heights Middle 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 very walkable address with everyday errands close by. Cummer Ave at Ruddington Dr is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

Comparable listingsCurrently listed nearby · asking prices
$2,100avg asking

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

108-275 Yorkland Road$1,600112-1407 Dupont Street$1,7002905-21 Widmer Street$2,400819-438 Richmond Street$2,500417-50 Power Street$2,300

The 5 closest of 7 active listings nearby.

See all comparable homes
899This home1,6001,7002,4002,5002,300This home vs active comparables
Live market pulseActive comparables in Bayview Woods-Steeles · median list $3K
5active listings nearby
15days on market

On the market now.

View comparable listings

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

Neighbourhood & location

Bayview Woods-Steeles, 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

75/ 100

Very WalkableA 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Cummer Ave at Ruddington Dr, about 114 m away

20+ transit stops1 grocery8 dining20+ parks3 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.

Willowdale East
$3K
Henry Farm
$3K
Mount Pleasant West
$3K
Church-Yonge Corridor
$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 Steelesview Public School
85%
Steelesview Public SchoolPublic · Elementary · 1.3 km awayHigher-rated than most nearby · 85% meet the provincial standard

Affordability & Mortgage

Affordability
$4/mo
$4KIncome needed
0.2×Price ÷ income
$1Weekly 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 $4Property tax $1Total carry $5

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4per month

Mortgage amount $719 · 4.14% over 25 years

$180Down payment (20.0%)
$719Loan before insurance
$0CMHC premium
$4Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4

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

One-time closing costs

Ontario land transfer tax
$4
Toronto municipal land transfer tax
$4
Estimated closing costs
$9

Plus your down payment of $180. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5/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

$432Total interest paid
$1,151Total of all payments
Principal $719 Interest $432
YearPrincipalInterestBalance
1$17$29$702
2$18$29$685
3$18$28$667
4$19$27$647
5$20$26$628
6$21$25$607
7$22$25$585
8$22$24$563
9$23$23$540
10$24$22$515
11$25$21$490
12$26$20$463
13$28$19$436
14$29$17$407
15$30$16$377
16$31$15$346
17$32$14$314
18$34$12$280
19$35$11$245
20$37$9$208
21$38$8$170
22$40$6$130
23$42$5$88
24$43$3$45
25$45$1$0

At the end of your 5-year term

Total paid over the term
$230
Principal paid down
$92
Interest paid
$139
Balance remaining
$628

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 JDL REALTY INC.. MLS®/PropTx.

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