221-505 Glencairn Avenue, Toronto, ON

Englemount-Lawrence, Toronto · MLS® C13571250

$4,150/mo
For Lease
Listed 6 days ago
3Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

Luxurious Oversized 2 Bedroom + Den Condominium with Clear South Views and the Balcony on the South Side of the Building. The Bedrooms are Oversized to Accommodate Two large beds and One includes a walk-in closet Plus The Spacious Den Can be Used as An Office, Size Can fit a queen size. Features & Upgrades include: Miele Kitchen Appliances, Engineered Wood Flooring, Upgraded Cabinets with Integrated Paneling on appliances, Marble tile floor & wall tile in bathrooms, Heated Bathroom Floors, Gas Outlet on balcony, Kitchen Island, Under Cabinet Lighting, and much more. Intimate and impressive. Embrace a unique expression of upscale living in a coveted neighbourhood that celebrates the warm embrace of community. A home and lifestyle defined by distinction. Welcome to Glenhill Condominiums, a limited collection of lavish residences, custom-designed to meet the elite needs of only the most discerning clientele located in Toronto's storied Bathurst & Glencairn neighbourhood. Rich in history and celebrated culture, come home to a tight-knit community that welcomes convenience with cachet. Wander the serene streets of Glen Park where lush nature and parkland coalesce with urban amenities to complement your lifestyle. Discover a wonderful selection of shops, restaurants, cafes and personal services, as well as top-rated schools, recreational and cultural venues. *Unfurnished. *Stating Pictures Have been Used!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13571250
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1000-1199
Cross streets
Bathurst St & Glencairn Ave
Parking
1 garage (none)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front, Concrete
Foundation
Concrete, Concrete Block
Roof
Other
Exposure
South
Days on market
6
Listing brokerage
HOMELIVING EMPIRE REALTY INC.

Rooms

FoyerMain0.00 × 0.00 m
KitchenMain0.00 × 0.00 m
BedroomMain0.00 × 0.00 m
BreakfastMain0.00 × 0.00 m
Bedroom 2Second0.00 × 0.00 m
Living RoomMain0.00 × 0.00 m
DenThird0.00 × 0.00 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$4,432/moest. value

Listed at $4,150/mo, this rental is about 6% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In Englemount-Lawrence lately, landlords have been getting about 99% of asking and homes lease in about 19 days.

Based on 94 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 94 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
  • Adjusts to $3,500/mo

That comparable adjusts to $3,500/mo; the $4,432/mo estimate above is the median of all 94 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.

The assigned public school is Ledbury Park Elementary and Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$4,150/moBelow market$4,597/moAbove market

Total price vs nearby homes. Fair value about $4,432/mo, median of 94 comparables.

Comparable listingsCurrently listed nearby in Englemount-Lawrence · asking prices
$3,723avg asking

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

320-505 Glencairn Avenue$4,290302-505 Glencairn Avenue$3,800304-150 Neptune Drive$3,400202-130 Neptune Drive$3,400

The 4 closest active listings nearby.

See all comparable homes
4,150This home4,2903,8003,4003,400This home vs active comparables
Live market pulseActive comparables in Englemount-Lawrence · median list $3K
11active listings nearby
6days on market
100leased nearby · 90 days
$3Kmedian 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

Englemount-Lawrence, 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.

Mount Pleasant West
$2K
North St. James Town
$2K
Bay Street Corridor
$3K
Church-Yonge Corridor
$3K
Bayview Village
$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 Glen Park Public School
54%
Glen Park Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 54% meet the provincial standard

Affordability & Mortgage

Affordability
$19/mo
$5KIncome needed
0.9×Price ÷ income
$4Weekly 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 $19Property tax $3Total carry $22

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$18per month

Mortgage amount $3,320 · 4.14% over 25 years

$830Down payment (20.0%)
$3,320Loan before insurance
$0CMHC premium
$20Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$18
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$20

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

One-time closing costs

Ontario land transfer tax
$21
Toronto municipal land transfer tax
$21
Estimated closing costs
$42

Plus your down payment of $830. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$22/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

$1,995Total interest paid
$5,315Total of all payments
Principal $3,320 Interest $1,995
YearPrincipalInterestBalance
1$78$135$3,242
2$81$132$3,161
3$84$128$3,077
4$88$125$2,989
5$92$121$2,897
6$95$117$2,802
7$99$113$2,702
8$104$109$2,599
9$108$105$2,491
10$112$100$2,378
11$117$95$2,261
12$122$91$2,139
13$127$85$2,012
14$132$80$1,879
15$138$75$1,741
16$144$69$1,598
17$150$63$1,448
18$156$57$1,292
19$163$50$1,129
20$169$43$960
21$177$36$783
22$184$29$599
23$192$21$408
24$200$13$208
25$208$5$0

At the end of your 5-year term

Total paid over the term
$1,063
Principal paid down
$423
Interest paid
$640
Balance remaining
$2,897

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 HOMELIVING EMPIRE REALTY INC.. MLS®/PropTx.

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