21 Leona Drive, Toronto, ON

Willowdale East, Toronto · MLS® C13580164

$5,600/mo
For Lease
Listed 1 day ago
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5Bedrooms
4Bathrooms
1Garage · 2 parking
2000-2500Sq Ft

About this home

Nice chance living in Luxury House. Bright 4+1 Bedroom, 4 Bathroom Detached Home. Luxury Built, Great Location!!! Yonge and Shappard.Located In Desired High Demand Area Close To Subway Station. Upgraded Features, 9 Ft Ceiling On Main And Second Floor, 10 Ft In Lower Level , Garage Access, Valence Lighting, Granite Countertop In Kitchen, Hardwood Flooring Throughout Except Basement, Backing To Ravine And Park.

Key facts

Property type
Detached, 2-Storey
MLS®
C13580164
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
2000-2500
Cross streets
Yonge And Sheppard
Parking
1 garage · 2 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
1
Listing brokerage
MASTER`S CHOICE REALTY INC.

Rooms

Bedroom 2Second3.69 × 2.86 m

window · closet · hardwood floor

BreakfastMain6.52 × 4.00 m

w/o to deck · combined w/kitchen · hardwood floor

Bedroom 3Second3.50 × 2.77 m

window · closet · hardwood floor

KitchenMain6.52 × 4.00 m

eat-in kitchen · granite counters · stainless steel appl

Family RoomMain5.88 × 3.75 m

fireplace · overlooks ravine · hardwood floor

Primary BedroomSecond5.15 × 3.72 m

5 pc ensuite · walk-in closet(s) · hardwood floor

Bedroom 4Second3.50 × 2.77 m

window · closet · hardwood floor

Bedroom 5Basement3.26 × 2.71 m

above grade window · closet

Media RoomBasement6.31 × 3.39 m

w/o to ravine · finished

Living RoomMain8.56 × 4.91 m

combined w/dining · hardwood floor

Dining RoomMain8.56 × 4.91 m

combined w/living · hardwood floor

Moe’s TakeTeam Asgarian · Broker
Above comparables
$4,550/moest. value

Listed at $5,600/mo, this rental is about 23% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

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

Based on 5 similar rentals nearby, adjusted for size, beds, and baths.Median of 5 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 $4,300/mo
  • Bedrooms +$150/mo
  • Bathrooms +$100/mo
  • Adjusts to $4,550/mo

That comparable adjusts to $4,550/mo; the $4,550/mo estimate above is the median of all 5 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.

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

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$4,406/moBelow market$5,600/moAbove market

Total price vs nearby homes. Fair value about $4,550/mo, median of 5 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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Worth verifying
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$5,088avg asking

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

Main & 2nd Floor-42 Agar Crescent$6,950790 B Midland Avenue$6,00044 Pineway Boulevard$4,300Main & 2nd Flr-20 Goodall Drive$3,100

The 4 closest active listings nearby.

See all comparable homes
5,600This home6,9506,0004,3003,100This home vs active comparables
Live market pulseActive comparables in Willowdale East · median list $5K
6active listings nearby
1days on market

1 days faster than the Toronto average (2 days).

View comparable listings

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

Neighbourhood & location

Willowdale 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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 West
$3K
Bayview Village
$1K
Wexford-Maryvale
$2K
Clairlea-Birchmount
$2K
Bendale
$2K

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 Claude Watson School for the Arts
96%
Claude Watson School for the ArtsPublic · Elementary · 0.6 km awayAmong the top in the GTA · 96% meet the provincial standard

Affordability & Mortgage

Affordability
$26/mo
$5KIncome needed
1.2×Price ÷ income
$6Weekly 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 $26Property tax $4Total carry $29

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)
$24per month

Mortgage amount $4,480 · 4.14% over 25 years

$1,120Down payment (20.0%)
$4,480Loan before insurance
$0CMHC premium
$27Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$24
Property tax
$4
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$27

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

One-time closing costs

Ontario land transfer tax
$28
Toronto municipal land transfer tax
$28
Estimated closing costs
$56

Plus your down payment of $1,120. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$29/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

$2,692Total interest paid
$7,172Total of all payments
Principal $4,480 Interest $2,692
YearPrincipalInterestBalance
1$105$182$4,375
2$109$178$4,266
3$114$173$4,152
4$119$168$4,033
5$124$163$3,909
6$129$158$3,781
7$134$153$3,646
8$140$147$3,507
9$146$141$3,361
10$152$135$3,209
11$158$129$3,051
12$165$122$2,886
13$172$115$2,715
14$179$108$2,536
15$186$101$2,350
16$194$93$2,156
17$202$85$1,953
18$211$76$1,743
19$219$67$1,523
20$229$58$1,295
21$238$49$1,057
22$248$39$808
23$259$28$550
24$269$18$281
25$281$6$0

At the end of your 5-year term

Total paid over the term
$1,434
Principal paid down
$571
Interest paid
$864
Balance remaining
$3,909

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 MASTER`S CHOICE REALTY INC.. MLS®/PropTx.

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