1810-111 Elizabeth Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C13582268

$2,650/mo
For Lease
Listed 2 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Sub-Penthouse, Almost 700 Sq Ft With 10 Ft Ceiling, 1 Bedroom And Den. Huge Den Can Be 2nd Bedroom. One parking spot & One Locker included. Great Location At Downtown Core. Walking distance To Eaton Centre, Dundas Square, Ttc, Yonge Subway Line, World Top Hospitals, Atrium, City Hall, Ryerson U, Restaurants, Queen St., Entertainment And Financial District. 100 Walk Score! Building Features 24 Hrs Concierge, Great Condo Amenities: Party Room, indoor Pool/Whirlpool, Rooftop Garden, Bbq Areas & Business Lounge.Landlord prefers no pets.The currrent tenants are in the process of moving and the unit maybe a bit cluttered during showing,Thanks for your understanding. The dining table, chairs,sofa,coffee table,and bed frame(No mattress) currently in the unit will remain for the next tenant's use.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13582268
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Bay/Dundas/University
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Exposure
North
Days on market
2
Listing brokerage
JDL REALTY INC.

Rooms

Living RoomFlat5.94 × 3.09 m

w/o to balcony · hardwood floor

Dining RoomFlat5.94 × 3.09 m

combined w/living · hardwood floor

KitchenFlat3.29 × 1.98 m

open concept · ceramic floor · stainless steel appl

BedroomFlat3.65 × 2.95 m

double closet · hardwood floor

DenFlat3.01 × 2.86 m

open concept · hardwood floor

Moe’s TakeTeam Asgarian · Broker
In line
$2,719/moest. value

Listed at $2,650/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

In Bay Street Corridor lately, landlords have been getting about 99% of asking and homes lease in about 15 days.

Based on 99 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 99 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 $2,295/mo
  • Adjusts to $2,295/mo

That comparable adjusts to $2,295/mo; the $2,719/mo estimate above is the median of all 99 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 Orde Street Public 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
$2,466/moBelow market$3,069/moAbove market

Total price vs nearby homes. Fair value about $2,719/mo, median of 99 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
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Comparable listingsCurrently listed nearby in Bay Street Corridor · asking prices
$2,706avg asking

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

1907-24 Wellesley Street$2,6805808-7 Grenville Street$2,7001709-24 Wellesley Street$2,5502609-7 Grenville Street$2,8005008-7 Grenville Street$2,800

The 5 closest of 8 active listings nearby.

See all comparable homes
2,650This home2,6802,7002,5502,8002,800This home vs active comparables
Live market pulseActive comparables in Bay Street Corridor · median list $3K
69active listings nearby
2days 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

Bay Street Corridor, 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.

Church-Yonge Corridor
$3K
Moss Park
$2K
Waterfront Communities C1
$3K
Waterfront Communities C8
$2K
North St. James Town
$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 Orde Street Public School
76%
Orde Street Public SchoolPublic · Elementary · 0.7 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$12/mo
$4KIncome needed
0.6×Price ÷ income
$3Weekly 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 $12Property tax $2Total carry $14

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)
$11per month

Mortgage amount $2,120 · 4.14% over 25 years

$530Down payment (20.0%)
$2,120Loan before insurance
$0CMHC premium
$13Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13

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

One-time closing costs

Ontario land transfer tax
$13
Toronto municipal land transfer tax
$13
Estimated closing costs
$27

Plus your down payment of $530. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$14/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

$1,274Total interest paid
$3,394Total of all payments
Principal $2,120 Interest $1,274
YearPrincipalInterestBalance
1$50$86$2,070
2$52$84$2,019
3$54$82$1,965
4$56$80$1,909
5$59$77$1,850
6$61$75$1,789
7$64$72$1,726
8$66$70$1,659
9$69$67$1,590
10$72$64$1,519
11$75$61$1,444
12$78$58$1,366
13$81$55$1,285
14$85$51$1,200
15$88$48$1,112
16$92$44$1,020
17$96$40$924
18$100$36$825
19$104$32$721
20$108$28$613
21$113$23$500
22$117$18$383
23$122$13$260
24$127$8$133
25$133$3$0

At the end of your 5-year term

Total paid over the term
$679
Principal paid down
$270
Interest paid
$409
Balance remaining
$1,850

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 JDL REALTY INC.. MLS®/PropTx.

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