Basement-205 Pineway Boulevard, Toronto, ON

Bayview Woods-Steeles, Toronto · MLS® C13535618

$1,800/mo
For Lease
Listed 15 days ago
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1Bedrooms
1Bathrooms
1Parking
700-1100Sq Ft

About this home

Large 1 Br, 1 WR basement/ground floor apartment with separate entrance, Large utility room for extra storage and a new washer and dryer. Includes one DV parking spot. TTC right in front of the house, 10 min drive to Finch station, Bus 42, great service. 3 min walk to Cummer Community Center, 5 min walk to CMCC, close to Seneca. Safe area, tennis and basketball courts. Single professional only. 30 % utilities extra.

Key facts

Property type
Semi-Detached, Bungalow-Raised
MLS®
C13535618
Bedrooms
1
Bathrooms
1
Size
700-1100
Lot
50.03 × 115 ft
Cross streets
Leslie/Cummer Ave
Parking
1 parking
Driveway
Front Yard Parking
Basement
Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
15
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

Living RoomBasement7.50 × 3.80 m

3 pc bath · laminate · above grade window

BedroomBasement3.50 × 3.80 m

b/i closet · laminate · above grade window

Moe’s TakeTeam Asgarian · Broker
In line
$1,624/moest. value

Listed at $1,800/mo, this rental is within the range of comparable rentals, on the higher side. The number above is my independent estimate of value, not the asking price.

In Bayview Woods-Steeles lately, landlords have been getting about 98% of asking and homes lease in about 38 days. Rents are down 26% versus a year ago.

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

Based on 28 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 28 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 $1,599/mo
  • Bedrooms −$150/mo
  • Adjusts to $1,449/mo

That comparable adjusts to $1,449/mo; the $1,624/mo estimate above is the median of all 28 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 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.

List price
$1,306/moBelow market$1,827/moAbove market

Total price vs nearby homes. Fair value about $1,624/mo, median of 28 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
Comparable listingsCurrently listed nearby · asking prices
$1,773avg asking

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

134 Angus Drive$1,800LOWER-74 glendower Circuit$1,50071 Pinto Drive$1,490C-31 Mariposa Avenue$2,300

The 4 closest active listings nearby.

See all comparable homes
1,800This home1,8001,5001,4902,300This home vs active comparables
Live market pulseActive comparables in Bayview Woods-Steeles · median list $2K
7active listings nearby
15days on market
24leased nearby · 90 days
$2Kmedian leased price
98%of asking, on average
26%vs a year ago

10 days longer than the Toronto average (5 days).

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Hillcrest Village
$2K
Pleasant View
$2K
Parkwoods-Donalda
$2K
Rouge E11
$3K
Clairlea-Birchmount
$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 Zion Heights Middle School
93%
Zion Heights Middle SchoolPublic · Elementary · 0.4 km awayAmong the top in the GTA · 93% meet the provincial standard

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)
$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 HOMELIFE NEW WORLD REALTY INC.. MLS®/PropTx.

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