401-3 Southvale Drive, Toronto, ON

Leaside, Toronto · MLS® C13548236

$6,700/mo
For Lease
Listed 8 days ago
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3Bedrooms
2Bathrooms
2Garage
1200-1399Sq Ft

About this home

Luxury Living in a Shane Baghai Boutique Building. The large 2-bedroom plus Den Suite was one of the professionally furnished Model suites. It has an open-concept layout with versatile large kitchen, the Den walks out to the balcony. This kind of masterpiece does not come available often, as a result it won't last long. Features include; Custom Blinds, Miele appliances, A Natural Gas range, Linear Fireplace, 10-inch baseboards, Toto Washlet, an Italian Imported Kitchen, Smart Home Technology, an 85-inch TV, One locker room, And a BBQ and a gas connection on the balcony. 15 Min drive to downtown, public transport, LRT, All Major Grocery stores, Shopping Centres and Big Box stores. If you are looking for extravagance, splendor and comfort you have come to the right place. This is High-end living at its utmost, encompassing bespoke architectural design, top-tier amenities and unrivalled privacy. Note: Lease comes with 2 parking spots on P1 (12&13).

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13548236
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1200-1399
Cross streets
Millwood/ Laird
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Exposure
East
Days on market
8
Listing brokerage
ROYAL LEPAGE TERREQUITY REALTY

Rooms

DenFlat3.07 × 2.80 m

W/O To Balcony

Living RoomFlat4.57 × 6.12 m

combined w/dining · fireplace · w/o to balcony

KitchenFlat3.26 × 2.78 m

Breakfast Bar

Dining RoomFlat4.57 × 6.12 m

Combined w/Living

Primary BedroomFlat3.66 × 3.29 m

Ensuite Bath

Bedroom 2Flat3.04 × 3.39 m

2 Way Fireplace

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. 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 Bessborough Drive Elementary and 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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

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.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$3,930avg asking

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

1401-1360 York Mills Road$3,500609-1 Gloucester Street$5,0003604-609 Sherbourne Street$3,8503515-5162 Yonge Street$3,500411-38 Elm Street$3,800

The 5 closest of 7 active listings nearby.

See all comparable homes
6,700This home3,5005,0003,8503,5003,800This home vs active comparables
Live market pulseActive comparables in Leaside · median list $2K
7active listings nearby
8days 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

Leaside, 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.

Flemingdon Park
$2K
North St. James Town
$2K
Annex
$4K
Church-Yonge Corridor
$3K
Bay Street Corridor
$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 Rolph Road Elementary School
88%
Rolph Road Elementary SchoolPublic · Elementary · 0.5 km awayHigher-rated than most nearby · 88% meet the provincial standard

Affordability & Mortgage

Affordability
$31/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 $31Property tax $4Total carry $35

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)
$29per month

Mortgage amount $5,360 · 4.14% over 25 years

$1,340Down payment (20.0%)
$5,360Loan before insurance
$0CMHC premium
$33Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$29
Property tax
$4
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$33

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

One-time closing costs

Ontario land transfer tax
$34
Toronto municipal land transfer tax
$34
Estimated closing costs
$67

Plus your down payment of $1,340. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$35/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

$3,221Total interest paid
$8,581Total of all payments
Principal $5,360 Interest $3,221
YearPrincipalInterestBalance
1$126$218$5,234
2$131$212$5,104
3$136$207$4,967
4$142$201$4,825
5$148$195$4,677
6$154$189$4,523
7$161$183$4,363
8$167$176$4,195
9$174$169$4,021
10$182$162$3,840
11$189$154$3,650
12$197$146$3,453
13$205$138$3,248
14$214$129$3,034
15$223$120$2,811
16$232$111$2,579
17$242$101$2,337
18$252$91$2,085
19$263$81$1,823
20$274$70$1,549
21$285$58$1,264
22$297$46$967
23$309$34$658
24$322$21$336
25$336$8$0

At the end of your 5-year term

Total paid over the term
$1,716
Principal paid down
$683
Interest paid
$1,034
Balance remaining
$4,677

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 ROYAL LEPAGE TERREQUITY REALTY. MLS®/PropTx.

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