6 Laxford Avenue, Toronto, ON
Wexford-Maryvale, Toronto · MLS® E12706750
About this home
Opportunity to rent this lovely, sun-filled main-level renovated and freshly painted Bungalow in one of Scarborough's most desirable locations, bordering North York and close to popular restaurants along Lawrence Avenue. This spacious, renovated three-bedroom home features an eat-in kitchen with a walkout to the patio, gas stove, granite black countertops, and an open-concept living and dining area, LED pot lights throughout, a long front porch, exclusive private front yard for the main level, shared backyard, attached garage, and total two parking spaces. Utilities are extra, and shared off-peak free laundry is available. The powder room is located in the basement within the laundry area and is allocated exclusively for the main-level tenants. Situated in a family-friendly neighbourhood, the home is within walking distance to excellent schools, TTC, groceries, cafés, restaurants, shopping, parks, and trails, with quick access to the DVP and Highway 401. Additional features include a Nest Wi-Fi doorbell camera, multiple CCTV Camera surrounding the home and Wi-Fi smart thermostat. The basement is rented separately. No pets and no smoking or vaping permitted. Applicants are required to submit an employment letter, recent pay stubs, credit report, and landlord references. A virtual tour video is available for review.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- E12706750
- Bedrooms
- 3
- Bathrooms
- 2 (1 half)
- Size
- 700-1100
- Lot
- 64.67 × 72.5 ft
- Cross streets
- Lawrence and Pharmacy
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Apartment
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Other
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Days on market
- 181
- Listing brokerage
- ON THE BLOCK
Rooms
hardwood floor · large window · combined w/dining
hardwood floor · large window · b/i closet
2 pc bath · ceramic floor · above grade window
4 pc bath · ceramic floor · pot lights
hardwood floor · large window · combined w/living
hardwood floor · large window · b/i closet
hardwood floor · large window · b/i closet
ceramic floor · custom backsplash · w/o to patio
Listed at $2,750/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.
Based on 9 similar rentals nearby, adjusted for size, beds, and baths.Median of 9 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 $3,000/mo
- Bathrooms +$100/mo
- Adjusts to $3,100/mo
That comparable adjusts to $3,100/mo; the $2,790/mo estimate above is the median of all 9 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.
The assigned public school is Wexford 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, this is a very walkable address with everyday errands close by. Lawrence Ave East at Elinor Ave is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $2,790/mo, median of 9 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.
- Open-concept layout: modern, sought-after flow.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homes180 days longer than the Toronto average (1 days).
View comparable listingsNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Wexford-Maryvale, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very 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.
Most daily errands can be done on foot.
🚉 Nearest transit: Lawrence Ave East at Elinor Ave, about 277 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $2,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12
- 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
- $14
- Toronto municipal land transfer tax
- $14
- Estimated closing costs
- $28
Plus your down payment of $550. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $704
- Principal paid down
- $280
- Interest paid
- $424
- Balance remaining
- $1,920
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.
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ON THE BLOCK. MLS®/PropTx.