6 Colonnade Road, Toronto, ON

Bayview Woods-Steeles, Toronto · MLS® C13570284

$4,900/mo
For Lease
Listed 6 days ago
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4Bedrooms
3Bathrooms
2Garage · 4 parking
1500-2000Sq Ft

About this home

Welcome to this beautifully renovated home in a highly desirable North York neighbourhood! Featuring an updated kitchen with new stainless steel appliances, stylish laminate flooring throughout, elegant pot lights, updated bathrooms, and a bright, functional layout, this home is truly move-in ready. Surrounded by mature trees, the beautifully maintained private garden offers a peaceful, resort-like setting perfect for relaxing or entertaining. Ideally located close to top-rated public and Catholic schools, parks, playgrounds, community centres, shopping, restaurants, and everyday amenities. Minutes to Yorkdale Shopping Centre, Costco, major highways (401 & 400), TTC, York University, Humber River Hospital, and convenient public transit, offering an exceptional lifestyle for families and professionals alike.

Key facts

Property type
Detached, Sidesplit
MLS®
C13570284
Bedrooms
4 (3 + 1)
Bathrooms
3 (1 half)
Size
1500-2000
Lot
50.2 × 116.75 ft
Cross streets
Bayview and Finch
Parking
2 garage · 4 parking (attached)
Basement
Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
6
Listing brokerage
RIGHT AT HOME REALTY
Moe’s TakeTeam Asgarian · Broker
Above comparables
$3,969/moest. value

Listed at $4,900/mo, this rental is about 23% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In Bayview Woods-Steeles lately, landlords have been getting about 97% of asking and homes lease in about 30 days.

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

Based on 58 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 58 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 $3,500/mo
  • Bathrooms +$100/mo
  • Adjusts to $3,600/mo

That comparable adjusts to $3,600/mo; the $3,969/mo estimate above is the median of all 58 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
$3,452/moBelow market$4,900/moAbove market

Total price vs nearby homes. Fair value about $3,969/mo, median of 58 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby · asking prices
$4,116avg asking

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

87 Munro Boulevard$5,48035 Shippigan Crescent$4,00040 Alanbull Square$3,100Upper Unit - 2nd/3rd-27 St Johns Road$4,50043 Snowy Owl Way$3,500

The 5 closest of 8 active listings nearby.

See all comparable homes
4,900This home5,4804,0003,1004,5003,500This home vs active comparables
Live market pulseActive comparables in Bayview Woods-Steeles · median list $2K
8active listings nearby
6days on market
78leased nearby · 90 days
$4Kmedian leased price
97%of asking, on average

5 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

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.

Bayview Village
$3K
Willowdale West
$11K
Tam O'Shanter-Sullivan
$2K
Milliken
$2K
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 Steelesview Public School
85%
Steelesview Public SchoolPublic · Elementary · 1.1 km awayHigher-rated than most nearby · 85% meet the provincial standard

Affordability & Mortgage

Affordability
$22/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 $22Property tax $3Total carry $25

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)
$21per month

Mortgage amount $3,920 · 4.14% over 25 years

$980Down payment (20.0%)
$3,920Loan before insurance
$0CMHC premium
$24Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$21
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$24

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

One-time closing costs

Ontario land transfer tax
$25
Toronto municipal land transfer tax
$25
Estimated closing costs
$49

Plus your down payment of $980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$25/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

$2,356Total interest paid
$6,276Total of all payments
Principal $3,920 Interest $2,356
YearPrincipalInterestBalance
1$92$159$3,828
2$96$155$3,732
3$100$151$3,633
4$104$147$3,529
5$108$143$3,421
6$113$138$3,308
7$117$134$3,191
8$122$129$3,068
9$127$124$2,941
10$133$118$2,808
11$138$113$2,670
12$144$107$2,526
13$150$101$2,375
14$156$95$2,219
15$163$88$2,056
16$170$81$1,886
17$177$74$1,709
18$184$67$1,525
19$192$59$1,333
20$200$51$1,133
21$208$43$925
22$217$34$707
23$226$25$481
24$236$15$246
25$246$5$0

At the end of your 5-year term

Total paid over the term
$1,255
Principal paid down
$499
Interest paid
$756
Balance remaining
$3,421

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 RIGHT AT HOME REALTY. MLS®/PropTx.

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