401 Balliol Street, Toronto, ON

Mount Pleasant East, Toronto · MLS® C13551246

$4,650/mo
For Lease
Listed 12 days ago
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2Bedrooms
2Bathrooms
2Parking
1100-1500Sq Ft
20+ schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Tucked away on one of South Davisville Village's most historic and picturesque streets, 401 Balliol Street offers a rare opportunity to lease a home that perfectly balances timeless character with modern comfort. This beautifully maintained 2-bedroom, 2-bathroom residence is bright, spacious, and full of warmth.Inside, expansive principal rooms with soaring ceilings create an inviting setting for both everyday living and effortless entertaining. Original wood trim showcases the home's enduring craftsmanship, while the wood-burning fireplace adds warmth and charm to the living space. A convenient main-floor powder room enhances the thoughtful layout.The tastefully updated kitchen is both stylish and functional, featuring elegant sage-coloured cabinetry, caesarstone countertops, stainless steel appliances, and a gas stove-perfectly suited for daily living and hosting family and friends.Step outside to discover the home's true showpiece. Set on an extraordinary 30 x 176 ft lot, the fully reimagined backyard is a private urban sanctuary surrounded by mature trees and professionally landscaped gardens with a stunning collection of annuals and perennials. Rarely found in Midtown Toronto, this peaceful outdoor retreat offers a private park with exceptional privacy and the perfect setting for entertaining, gardening, or simply enjoying a quiet escape in the heart of the city.Complete with parking for two or more vehicles, this exceptional home is just steps from Davisville Subway Station, the Beltline Trail, Mt. Pleasant Cemetery, parks, top-rated schools, neighbourhood cafés, restaurants, and boutique shopping on Mt. Pleasant and Bayview, and the vibrant Yonge & Eglinton.A truly special opportunity to enjoy the charm, space, and lifestyle of one of Midtown Toronto's most desirable neighbourhoods.

Key facts

Property type
Detached, 2-Storey
MLS®
C13551246
Bedrooms
2
Bathrooms
2 (1 half)
Size
1100-1500
Cross streets
Mt. Pleasant & Davisville
Parking
2 parking
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Vinyl Siding
Foundation
Concrete
Roof
Other
Sewer
Sewer
Days on market
12
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

Primary BedroomSecond0.00 × 0.00 m

Broadloom

Bedroom 2Second0.00 × 0.00 m

Broadloom

Family RoomMain0.00 × 0.00 m

fireplace · hardwood floor

KitchenMain0.00 × 0.00 m

w/o to yard · tile floor · eat-in kitchen

Dining RoomMain0.00 × 0.00 m

crown moulding · hardwood floor

Moe’s TakeTeam Asgarian · Broker
In line
$3,848/moest. value

Listed at $4,650/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 Mount Pleasant East lately, landlords have been getting about 98% of asking and homes lease in about 22 days.

There were not many closely comparable homes right in Mount Pleasant East, so I widened the search to the surrounding area.

Based on 30 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 30 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 $5,950/mo
  • Bedrooms −$150/mo
  • Adjusts to $5,800/mo

That comparable adjusts to $5,800/mo; the $3,848/mo estimate above is the median of all 30 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.

Its public catchment (Northern Secondary School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Belle Ayre Boulevard is about a 2-minute walk away.

List price
$3,400/moBelow market$4,725/moAbove market

Total price vs nearby homes. Fair value about $3,848/mo, median of 30 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
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Comparable listingsCurrently listed nearby · asking prices
$2,916avg asking

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

43 Heman Street$3,350365 Harvie Avenue$4,000Unit AA, 2nd Floor-15 Wildflower Way$1,398

The 3 closest active listings nearby.

See all comparable homes
4,650This home3,3504,0001,398This home vs active comparables
Live market pulseActive comparables in Mount Pleasant East · median list $2K
6active listings nearby
12days on market
93leased nearby · 90 days
$6Kmedian leased price
98%of asking, on average

11 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

Mount Pleasant East, 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

62/ 100

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 OpenStreetMap contributors.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Belle Ayre Boulevard, about 142 m away

20+ transit stops16 grocery20+ dining20+ parks18 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.

Briar Hill-Belgravia
$3K
Dovercourt-Wallace Emerson-Junction
$2K
Willowdale West
$11K
Bayview Village
$3K
Downsview-Roding-CFB
$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 Hodgson Middle School
76%
Hodgson Middle SchoolPublic · Elementary · 0.2 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$21/mo
$5KIncome needed
1.0×Price ÷ income
$5Weekly 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 $21Property tax $3Total carry $24

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)
$20per month

Mortgage amount $3,720 · 4.14% over 25 years

$930Down payment (20.0%)
$3,720Loan before insurance
$0CMHC premium
$23Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$20
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$23

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

One-time closing costs

Ontario land transfer tax
$23
Toronto municipal land transfer tax
$23
Estimated closing costs
$47

Plus your down payment of $930. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$24/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

$2,235Total interest paid
$5,955Total of all payments
Principal $3,720 Interest $2,235
YearPrincipalInterestBalance
1$87$151$3,633
2$91$147$3,542
3$95$144$3,447
4$99$140$3,349
5$103$136$3,246
6$107$131$3,139
7$111$127$3,028
8$116$122$2,912
9$121$117$2,791
10$126$112$2,665
11$131$107$2,534
12$137$101$2,397
13$142$96$2,254
14$148$90$2,106
15$155$84$1,951
16$161$77$1,790
17$168$70$1,622
18$175$63$1,447
19$182$56$1,265
20$190$48$1,075
21$198$40$877
22$206$32$671
23$215$24$457
24$224$15$233
25$233$5$0

At the end of your 5-year term

Total paid over the term
$1,191
Principal paid down
$474
Interest paid
$717
Balance remaining
$3,246

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 FOREST HILL REAL ESTATE INC.. MLS®/PropTx.

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