54 Paul Markway Court, Toronto, ON

Hillcrest Village, Toronto · MLS® C13585274

$3,700/mo
For Lease
Listed 2 days ago
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3Bedrooms
3Bathrooms
1Garage · 2 parking
1200-1399Sq Ft

About this home

Rarely Avail The Paul Markway. Situated In A Beautiful Setting, Lots Of Green And Woods Around. This Perfect 3 Bedr Home Just Been Finished Renovated Top To Bottom With All High End Finishes. Everything Has Been Changed And beautifully Updated. Master Ensuite Bedr, Granite Kitchen, Wood Floor And Stairs, Double Layers Window Blinds, Pot Lights, 11' Ceiling In Living Room, Walk Out To Quiet Backyard. Truely Luxury Living. Excellent Location Close To TTC, GO Transit, Highways 401/404/407, Parks, Shopping, And Top-Ranked Schools Including A.Y. Jackson.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
C13585274
Bedrooms
3
Bathrooms
3 (1 half)
Size
1200-1399
Cross streets
Leslie/Steeles
Parking
1 garage · 2 parking (built-in)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Exposure
North West
Days on market
2
Listing brokerage
HARVEST REALTY LTD.

Rooms

Dining RoomMain3.84 × 3.57 m

hardwood floor · overlooks living · raised room

LaundryMain1.86 × 1.85 m

tile floor · laundry sink

Bedroom 3Second3.25 × 2.92 m

pot lights · closet · hardwood floor

Primary BedroomSecond4.31 × 3.55 m

pot lights · ensuite bath · walk-in closet(s)

KitchenMain3.81 × 3.14 m

picture window · eat-in kitchen · quartz counter

RecreationLower3.69 × 3.41 m

pot lights · above grade window · 2 pc bath

Bedroom 2Second3.79 × 2.95 m

pot lights · double closet · picture window

FoyerLower

ceramic floor · double closet · 2 pc bath

Living RoomMain6.00 × 0.53 m

hardwood floor · w/o to patio · pot lights

Moe’s TakeTeam Asgarian · Broker
Above comparables
$3,089/moest. value

Listed at $3,700/mo, this rental is about 20% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In Hillcrest Village lately, landlords have been getting about 97% of asking and homes lease in about 42 days. Rents are down 7% versus a year ago.

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

Based on 96 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 96 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 $2,897/mo
  • Bathrooms +$100/mo
  • Adjusts to $2,997/mo

That comparable adjusts to $2,997/mo; the $3,089/mo estimate above is the median of all 96 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 Cliffwood 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
$2,932/moBelow market$3,700/moAbove market

Total price vs nearby homes. Fair value about $3,089/mo, median of 96 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby · asking prices
$3,198avg asking

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

187-10 Lloyd Janes Lane$3,400TH2-101 The Queensway$3,995TH 2-1459 O'Connor Drive$3,0009 VIVIAN Road$2,89518-238 Galloway Road$2,700

The 5 closest of 7 active listings nearby.

See all comparable homes
3,700This home3,4003,9953,0002,8952,700This home vs active comparables
Live market pulseActive comparables in Hillcrest Village · median list $3K
11active listings nearby
2days on market
24leased nearby · 90 days
$3Kmedian leased price
97%of asking, on average
7%vs a year ago

5 days faster than the Toronto average (7 days).

View comparable listings

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

Neighbourhood & location

Hillcrest Village, 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.

L'Amoreaux
$3K
Newtonbrook West
$4K
Willowdale East
$4K
Parkwoods-Donalda
$3K
Malvern
$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 Cliffwood Public School
93%
Cliffwood Public SchoolPublic · Elementary · 0.8 km awayAmong the top in the GTA · 93% meet the provincial standard
St. MatthiasEQAO results not published

Affordability & Mortgage

Affordability
$17/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 $17Property tax $2Total carry $19

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$16per month

Mortgage amount $2,960 · 4.14% over 25 years

$740Down payment (20.0%)
$2,960Loan before insurance
$0CMHC premium
$18Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$18

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

One-time closing costs

Ontario land transfer tax
$19
Toronto municipal land transfer tax
$19
Estimated closing costs
$37

Plus your down payment of $740. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$19/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

$1,779Total interest paid
$4,739Total of all payments
Principal $2,960 Interest $1,779
YearPrincipalInterestBalance
1$69$120$2,891
2$72$117$2,818
3$75$114$2,743
4$78$111$2,665
5$82$108$2,583
6$85$104$2,498
7$89$101$2,409
8$92$97$2,317
9$96$93$2,221
10$100$89$2,120
11$104$85$2,016
12$109$81$1,907
13$113$76$1,794
14$118$71$1,676
15$123$66$1,552
16$128$61$1,424
17$134$56$1,291
18$139$50$1,152
19$145$45$1,007
20$151$38$855
21$157$32$698
22$164$26$534
23$171$19$363
24$178$12$185
25$185$4$0

At the end of your 5-year term

Total paid over the term
$948
Principal paid down
$377
Interest paid
$571
Balance remaining
$2,583

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 HARVEST REALTY LTD.. MLS®/PropTx.

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