M8-77 Erskine Avenue, Toronto, ON

Mount Pleasant West, Toronto · MLS® C13557864

$1,700/mo
For Lease
Listed 9 days ago
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1Bedrooms
1Bathrooms
1Garage
700-799Sq Ft

About this home

Yonge and Eglinton. Walking distance to Eglinton Subway, Buses, shopping malls and restaurants. An Abundance of Natural light. Easy access to the high way. Security Cameras. 24 Hours on Site staff. Close to schools. 3 minutes away from Northern Secondary school and 5 minutes away from Yonge Eglinton Center. Discounted promotional rates with Rogers available for Home Phone, Internet and Cable services

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13557864
Bedrooms
1
Bathrooms
1
Size
700-799
Cross streets
Yonge & Eglinton
Parking
1 garage (underground)
Basement
None
Heating
Baseboard
A/C
Other
Exterior
Brick
Exposure
East
Days on market
9
Listing brokerage
RE/MAX EXCEL TITAN

Rooms

BedroomMain4.00 × 7.00 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$1,856/moest. value

Listed at $1,700/mo, this rental is about 8% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In Mount Pleasant West lately, landlords have been getting about 99% of asking and homes lease in about 18 days.

Based on 10 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 10 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 $1,700/mo
  • Adjusts to $1,700/mo

That comparable adjusts to $1,700/mo; the $1,856/mo estimate above is the median of all 10 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 North Toronto Collegiate Institute, 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
$1,700/moBelow market$2,017/moAbove market

Total price vs nearby homes. Fair value about $1,856/mo, median of 10 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in Mount Pleasant West · asking prices
$2,005avg asking

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

308-77 Erskine Avenue$1,725704-171 Erskine Avenue$1,799502-171 Erskine Avenue$1,8991708-109 Erskine Avenue$2,200312-195 Merton Street$2,400

The 5 closest of 6 active listings nearby.

See all comparable homes
1,700This home1,7251,7991,8992,2002,400This home vs active comparables
Live market pulseActive comparables in Mount Pleasant West · median list $3K
74active listings nearby
9days on market
100leased nearby · 90 days
$2Kmedian leased price
99%of asking, on average

On the market now.

View comparable listings

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

Neighbourhood & location

Mount Pleasant West, 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.

Annex
$3K
Church-Yonge Corridor
$3K
Willowdale East
$2K
Dovercourt-Wallace Emerson-Junction
$2K
Regent Park
$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 John Fisher Junior Public School
85%
John Fisher Junior Public SchoolPublic · Elementary · 0.1 km awayHigher-rated than most nearby · 85% 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)
$7per month

Mortgage amount $1,360 · 4.14% over 25 years

$340Down payment (20.0%)
$1,360Loan before insurance
$0CMHC premium
$8Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8

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
$17

Plus your down payment of $340. 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

$817Total interest paid
$2,177Total of all payments
Principal $1,360 Interest $817
YearPrincipalInterestBalance
1$32$55$1,328
2$33$54$1,295
3$35$53$1,260
4$36$51$1,224
5$38$50$1,187
6$39$48$1,148
7$41$46$1,107
8$42$45$1,065
9$44$43$1,020
10$46$41$974
11$48$39$926
12$50$37$876
13$52$35$824
14$54$33$770
15$57$31$713
16$59$28$654
17$61$26$593
18$64$23$529
19$67$20$462
20$69$18$393
21$72$15$321
22$75$12$245
23$78$9$167
24$82$5$85
25$85$2$0

At the end of your 5-year term

Total paid over the term
$435
Principal paid down
$173
Interest paid
$262
Balance remaining
$1,187

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 RE/MAX EXCEL TITAN. MLS®/PropTx.

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