Lower-64 Moreau Trail, Toronto, ON

Clairlea-Birchmount, Toronto · MLS® E13062790

$1,995/mo
For Lease
Listed 84 days ago
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2Bedrooms
1Bathrooms
2Parking
700-1100Sq Ft

About this home

Beautifully renovated 2-bedroom basement apartment offering modern, condo-style living with exceptional functionality. This bright and inviting space features over 8-foot ceilings, sleek porcelain tile flooring, LED pot lights throughout, and a spacious open-concept living and dining area ideal for comfortable everyday living. The contemporary kitchen is thoughtfully designed with quartz countertops, a matching backsplash, a large window for natural light, and brand-new stainless steel appliances, including a fridge, stove, and dishwasher. A center island with breakfast bar seating adds both style and practicality. Enjoy the convenience of private ensuite laundry with a stacked washer and dryer. Both bedrooms are generously sized, each offering large windows and double closets. The stylish full bathroom features a glass-enclosed shower, while an additional storage area provides excellent flexibility and organization. Complete with a private side entrance and an entrance accessible through the garage for added ease of use, plus two available parking spaces.

Key facts

Property type
Detached, 2-Storey
MLS®
E13062790
Bedrooms
2
Bathrooms
1
Size
700-1100
Lot
26.56 × 122.06 ft
Cross streets
St. Clair Ave E & Warden Ave
Parking
2 parking
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
84
Listing brokerage
VALERY REAL ESTATE INC.
Moe’s TakeTeam Asgarian · Broker
In line
$2,000/moest. value

Listed at $1,995/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

In Clairlea-Birchmount lately, landlords have been getting about 99% of asking and homes lease in about 31 days.

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

There were not many closely comparable homes right in Clairlea-Birchmount, so I widened the search to the surrounding area.

Based on 65 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 65 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The listing gives square footage as a wide range, so the size adjustment (and this estimate) is approximate; confirming exact size would sharpen it.

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 $3,500/mo
  • Bedrooms −$75/mo
  • Bathrooms −$100/mo
  • Adjusts to $3,325/mo

That comparable adjusts to $3,325/mo; the $2,000/mo estimate above is the median of all 65 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 SATEC @ W A Porter Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$1,720/moBelow market$2,500/moAbove market

Total price vs nearby homes. Fair value about $2,000/mo, median of 65 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
  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$2,070avg asking

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

Main-66 Queensbury Avenue$2,4002F-4 Northumberland Street$2,450Bsmt 2-14 Tarsus Crescent$1,500Two-Bedroom Bsmt-21 Squires Ave Avenue$1,398Upper-591 Jane Street$2,600

The 5 closest of 8 active listings nearby.

See all comparable homes
1,995This home2,4002,4501,5001,3982,600This home vs active comparables
Live market pulseActive comparables in Clairlea-Birchmount · median list $2K
7active listings nearby
84days on market
83leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

83 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

Clairlea-Birchmount, 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.

Tam O'Shanter-Sullivan
$2K
Woburn
$2K
L'Amoreaux
$3K
Morningside
$3K
Bayview Village
$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 Regent Heights Public School
68%
Regent Heights Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 68% meet the provincial standard

Affordability & Mortgage

Affordability
$9/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 $9Property tax $1Total carry $10

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)
$9per month

Mortgage amount $1,596 · 4.14% over 25 years

$399Down payment (20.0%)
$1,596Loan before insurance
$0CMHC premium
$10Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10

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

One-time closing costs

Ontario land transfer tax
$10
Toronto municipal land transfer tax
$10
Estimated closing costs
$20

Plus your down payment of $399. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10/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

$959Total interest paid
$2,555Total of all payments
Principal $1,596 Interest $959
YearPrincipalInterestBalance
1$37$65$1,559
2$39$63$1,520
3$41$62$1,479
4$42$60$1,437
5$44$58$1,393
6$46$56$1,347
7$48$54$1,299
8$50$52$1,249
9$52$50$1,197
10$54$48$1,143
11$56$46$1,087
12$59$44$1,028
13$61$41$967
14$64$39$903
15$66$36$837
16$69$33$768
17$72$30$696
18$75$27$621
19$78$24$543
20$81$21$461
21$85$17$376
22$88$14$288
23$92$10$196
24$96$6$100
25$100$2$0

At the end of your 5-year term

Total paid over the term
$511
Principal paid down
$203
Interest paid
$308
Balance remaining
$1,393

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 VALERY REAL ESTATE INC.. MLS®/PropTx.

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