510-101 Erskine Avenue, Toronto, ON

Mount Pleasant West, Toronto · MLS® C13581536

$3,350/mo
For Lease
Listed 3 days ago
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2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

Welcome To One Of The Best Condos In Midtown Toronto - Tridel's Luxurious Building At 101 Erskine Ave! Located On A Quiet Side Street Near Busy And Vibrant Yonge And Eglinton, This 2 Bedroom, 2 Bathroom Corner Unit Is Waiting For You To Call It Home. Enjoy 795Sqft Of Well Laid-Out Living Space Along With A Primary Suite Featuring A Walk In Closet, 3Pc Ensuite Bathroom And A Corner Bedroom With Plenty of Light Plus Walk Out Access To The 258 Sqft Wrap-Around Balcony With A Southwest Views. Enjoy A Proper Second Bedroom With Double Closet And Large Windows. 1 Car Underground Parking And A Huge Private Storage Locker Room Included!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13581536
Bedrooms
2
Bathrooms
2
Size
700-799
Cross streets
Yonge & Eglinton
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
South West
Days on market
3
Listing brokerage
ROYAL LEPAGE ESTATE REALTY

Rooms

KitchenMain24.50 × 10.80 m

combined w/dining · granite counters · stainless steel appl

Dining RoomMain24.50 × 10.80 m

combined w/living · hardwood floor · large window

Bedroom 2Main9.10 × 11.00 m

double closet · hardwood floor · large window

Primary BedroomMain9.40 × 11.50 m

walk-in closet(s) · ensuite bath · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
Above comparables
$3,039/moest. value

Listed at $3,350/mo, this rental is about 10% above what comparable rentals suggest. 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 17 days.

Based on 95 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 95 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 $3,100/mo
  • Bathrooms +$100/mo
  • Adjusts to $3,200/mo

That comparable adjusts to $3,200/mo; the $3,039/mo estimate above is the median of all 95 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 John Fisher Junior Public 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
$2,849/moBelow market$3,350/moAbove market

Total price vs nearby homes. Fair value about $3,039/mo, median of 95 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.

  • Primary suite: a key comfort and resale feature. Lifestyle
Comparable listingsCurrently listed nearby in Mount Pleasant West · asking prices
$3,244avg asking

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

609-11 Lillian Street$3,3752204-20 Soudan Avenue$3,4002509-18 Erskine Avenue$3,2955209-2221 Yonge Street$3,1005009-2221 Yonge Street$3,050

The 5 closest of 8 active listings nearby.

See all comparable homes
3,350This home3,3753,4003,2953,1003,050This home vs active comparables
Live market pulseActive comparables in Mount Pleasant West · median list $2K
75active listings nearby
3days 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.

North St. James Town
$2K
Bay Street Corridor
$3K
Church-Yonge Corridor
$3K
Bayview Village
$3K
Moss Park
$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 John Fisher Junior Public School
85%
John Fisher Junior Public SchoolPublic · Elementary · 0.2 km awayHigher-rated than most nearby · 85% meet the provincial standard
Spectrum Alternative Senior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$15/mo
$4KIncome needed
0.8×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 $15Property tax $2Total carry $17

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)
$14per month

Mortgage amount $2,680 · 4.14% over 25 years

$670Down payment (20.0%)
$2,680Loan before insurance
$0CMHC premium
$16Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16

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

One-time closing costs

Ontario land transfer tax
$17
Toronto municipal land transfer tax
$17
Estimated closing costs
$34

Plus your down payment of $670. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$17/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

$1,610Total interest paid
$4,290Total of all payments
Principal $2,680 Interest $1,610
YearPrincipalInterestBalance
1$63$109$2,617
2$65$106$2,552
3$68$103$2,484
4$71$101$2,413
5$74$98$2,339
6$77$95$2,262
7$80$91$2,181
8$84$88$2,098
9$87$84$2,011
10$91$81$1,920
11$95$77$1,825
12$99$73$1,727
13$103$69$1,624
14$107$65$1,517
15$111$60$1,406
16$116$56$1,290
17$121$51$1,169
18$126$46$1,043
19$131$40$911
20$137$35$775
21$142$29$632
22$148$23$484
23$155$17$329
24$161$10$168
25$168$4$0

At the end of your 5-year term

Total paid over the term
$858
Principal paid down
$341
Interest paid
$517
Balance remaining
$2,339

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 ROYAL LEPAGE ESTATE REALTY. MLS®/PropTx.

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