Apt 1-9 Oakmeadow Boulevard, Toronto, ON

Morningside, Toronto · MLS® E12525188

$2,150/mo
For Lease
Listed 251 days ago
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3Bedrooms
2Bathrooms
1Parking
700Sq Ft

About this home

Close to Hwy 401, University of Toronto Scarborough (UTSC), Centennial College, Food Basics, fitness center, supermarket, Walmart, bus station, and GO station - very convenient location! Located in a quiet and safe community, this unit comes with basic furniture, washer and dryer, and optional parking for $50/month. Perfect for students or professionals looking for comfort and convenience.

Key facts

Property type
Detached, 2-Storey
MLS®
E12525188
Bedrooms
3
Bathrooms
2
Size
700 sq ft
Cross streets
Neilson Rd & Ellesmere Rd
Parking
1 parking
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
251
Listing brokerage
CENTERPOINT REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent leases and give you a straight answer on what it will really take.

The assigned public school is Highcastle Public 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Neilson Rd at Oakmeadow Blvd is about a 1-minute walk away.

Comparable listingsCurrently listed nearby · asking prices
$2,674avg asking

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

41 Greybeaver Trail$2,1002-981 Glencairn Avenue$3,3002nd Fl.-738 Shaw Street$2,6002nd Flr-51 Parkdale Road$2,695

The 4 closest active listings nearby.

See all comparable homes
2,150This home2,1003,3002,6002,695This home vs active comparables
Live market pulseActive comparables in Morningside · median list $2K
10active listings nearby
251days on market

250 days longer than the Toronto average (1 days).

View comparable listings

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

Neighbourhood & location

Morningside, 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

57/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Neilson Rd at Oakmeadow Blvd, about 96 m away

20+ transit stops2 grocery20+ dining17 parks6 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.

West Hill
$3K
Bendale
$2K
Wexford-Maryvale
$2K
Willowdale East
$3K
Willowdale West
$4K

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 Highcastle Public School
65%
Highcastle Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 65% meet the provincial standard

Affordability & Mortgage

Affordability
$10/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 $10Property tax $1Total carry $11

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9per month

Mortgage amount $1,720 · 4.14% over 25 years

$430Down payment (20.0%)
$1,720Loan before insurance
$0CMHC premium
$11Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11

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

One-time closing costs

Ontario land transfer tax
$11
Toronto municipal land transfer tax
$11
Estimated closing costs
$22

Plus your down payment of $430. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11/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

$1,034Total interest paid
$2,754Total of all payments
Principal $1,720 Interest $1,034
YearPrincipalInterestBalance
1$40$70$1,680
2$42$68$1,638
3$44$66$1,594
4$46$65$1,548
5$47$63$1,501
6$49$61$1,452
7$52$59$1,400
8$54$56$1,346
9$56$54$1,290
10$58$52$1,232
11$61$49$1,171
12$63$47$1,108
13$66$44$1,042
14$69$42$974
15$72$39$902
16$75$36$828
17$78$33$750
18$81$29$669
19$84$26$585
20$88$22$497
21$91$19$406
22$95$15$310
23$99$11$211
24$103$7$108
25$108$2$0

At the end of your 5-year term

Total paid over the term
$551
Principal paid down
$219
Interest paid
$332
Balance remaining
$1,501

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 CENTERPOINT REALTY INC.. MLS®/PropTx.

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