1408-30 Herons Hill Way, Toronto, ON

Henry Farm, Toronto · MLS® C13575598

$2,000/mo
For Lease
Listed 1 day ago
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1Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

Bright and well-maintained 1-bed condo at 30 Herons Hill Way. Features floor-to-ceiling windows, modern kitchen with stainless steel appliances, and a private balcony with clear views. Includes 1 parking & 1 locker. Low monthly costs just pay hydro! Amenities include concierge, pool, gym & more. Steps to TTC, Fairview Mall, and major highways. Free shuttle to Don Mills Station. Move-in ready!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13575598
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
HWY 404 & SHEPPARD AVE E
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
South
Days on market
1
Listing brokerage
RE/MAX ROUGE RIVER REALTY LTD.

Rooms

Dining RoomFlat3.60 × 1.82 m

combined w/library · hardwood floor · window floor to ceiling

KitchenFlat2.43 × 1.52 m

Stainless Steel Appl

Living RoomFlat2.13 × 2.98 m

combined w/dining · hardwood floor

Primary BedroomFlat3.35 × 2.80 m

hardwood floor · window floor to ceiling · closet

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,200/moest. value

Listed at $2,000/mo, this rental is about 9% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 16 similar rentals nearby, adjusted for size, beds, and baths.Median of 16 comparable active listings, 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, listed at $2,100/mo
  • Adjusts to $2,100/mo

That comparable adjusts to $2,100/mo; the $2,200/mo estimate above is the median of all 16 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

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

On location, this is a very walkable address with everyday errands close by. Sheppard Ave. E. @ Herons Hill Way is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2,000/moBelow market$2,200/moAbove market

Total price vs nearby homes. Fair value about $2,200/mo, median of 16 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Weigh carefully
Comparable listingsCurrently listed nearby in Henry Farm · asking prices
$2,070avg asking

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

804-50 Ann O'Reilly Road$2,100607-50 Ann O'Reilly Road$2,100804-30 Herons Hill Way$1,900106-66 Forest Manor Road$2,1004112-55 Ann O'reilly Road$2,150

The 5 closest of 8 active listings nearby.

See all comparable homes
2,000This home2,1002,1001,9002,1002,150This home vs active comparables
Live market pulseActive comparables in Henry Farm · median list $2K
70active listings nearby
1days 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

Henry Farm, 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

86/ 100

Very 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 Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Sheppard Ave. E. @ Herons Hill Way, about 58 m away

20+ transit stops7 grocery20+ dining20+ parks13 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.

Willowdale East
$2K
North St. James Town
$2K
Church-Yonge Corridor
$3K
Bay Street Corridor
$3K
Waterfront Communities C8
$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 Muirhead Public School
35%
Muirhead Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 35% meet the provincial standard

Affordability & Mortgage

Affordability
$9/mo
$4KIncome needed
0.5×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 $9Property tax $1Total carry $10

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)
$9per month

Mortgage amount $1,600 · 4.14% over 25 years

$400Down payment (20.0%)
$1,600Loan before insurance
$0CMHC premium
$10Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10

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

One-time closing costs

Ontario land transfer tax
$10
Toronto municipal land transfer tax
$10
Estimated closing costs
$20

Plus your down payment of $400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10/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

$961Total interest paid
$2,561Total of all payments
Principal $1,600 Interest $961
YearPrincipalInterestBalance
1$37$65$1,563
2$39$63$1,523
3$41$62$1,483
4$42$60$1,440
5$44$58$1,396
6$46$56$1,350
7$48$55$1,302
8$50$53$1,252
9$52$50$1,200
10$54$48$1,146
11$56$46$1,090
12$59$44$1,031
13$61$41$970
14$64$39$906
15$67$36$839
16$69$33$770
17$72$30$698
18$75$27$622
19$78$24$544
20$82$21$462
21$85$17$377
22$89$14$289
23$92$10$196
24$96$6$100
25$100$2$0

At the end of your 5-year term

Total paid over the term
$512
Principal paid down
$204
Interest paid
$309
Balance remaining
$1,396

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 ROUGE RIVER REALTY LTD.. MLS®/PropTx.

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