120 Neddie Drive, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E13073962

$3,350/mo
For Lease
Listed 81 days ago
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◎ Directions
3Bedrooms
4Bathrooms
1Garage · 2 parking
1100-1500Sq Ft
11 schools20+ transit stops11 parks20+ restaurantswithin 1.5 km

About this home

* Good Location, Close To School, Shopping Mall * Good Neighborhood * Recently Renovated * Newer Floor, New Painting * Move-In Condition *

Key facts

Property type
Townhouse, 2-Storey
MLS®
E13073962
Bedrooms
3
Bathrooms
4 (3 half)
Size
1100-1500
Cross streets
Kennedy/Sheppard
Parking
1 garage · 2 parking (built-in)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
81
Listing brokerage
TRADEWORLD REALTY INC

Rooms

Primary BedroomSecond0.00 × 0.00 m

2 Pc Bath

Dining RoomMain0.00 × 0.00 m

Laminate

Living RoomMain0.00 × 0.00 m

Laminate

BedroomSecond0.00 × 0.00 m
RecreationBasement0.00 × 0.00 m

2 pc bath · broadloom

KitchenMain0.00 × 0.00 m

Laminate

BedroomSecond0.00 × 0.00 m
Moe’s TakeTeam Asgarian · Broker
Above comparables
$2,637/moest. value

Listed at $3,350/mo, this rental is about 27% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In Tam O'Shanter-Sullivan lately, landlords have been getting about 98% of asking and homes lease in about 28 days. Rents are down 11% versus a year ago.

There were not many closely comparable homes right in Tam O'Shanter-Sullivan, so I widened the search to the surrounding area.

Based on 37 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 37 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 $2,800/mo
  • Bathrooms +$200/mo
  • Adjusts to $3,000/mo

That comparable adjusts to $3,000/mo; the $2,637/mo estimate above is the median of all 37 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 Inglewood Heights Junior 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. Allanford Road is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2,237/moBelow market$3,350/moAbove market

Total price vs nearby homes. Fair value about $2,637/mo, median of 37 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$3,441avg asking

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

57-396 Woodsworth Road$3,700Upper-2153 Morningside Avenue$2,80098 John Bell Crescent$3,57518 Valley Stream Drive$3,690

The 4 closest active listings nearby.

See all comparable homes
3,350This home3,7002,8003,5753,690This home vs active comparables
Live market pulseActive comparables in Toronto · median list $4K
48active listings nearby
81days on market
10leased nearby · 90 days
$3Kmedian leased price
98%of asking, on average
11%vs a year ago

69 days longer than the Toronto average (12 days).

View comparable listings

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

Neighbourhood & location

Tam O'Shanter-Sullivan, 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

88/ 100

Walker's ParadiseA 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: Allanford Road, about 125 m away

20+ transit stops5 grocery20+ dining11 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.

Clairlea-Birchmount
$3K
Rouge E11
$3K
Willowdale East
$4K
South Riverdale
$5K
Annex
$5K

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 Inglewood Heights Junior Public School
72%
Inglewood Heights Junior Public SchoolPublic · Elementary · 0.2 km awayAround the GTA average · 72% meet the provincial standard
John Buchan Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$15/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 $15Property tax $2Total carry $17

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)
$14per month

Mortgage amount $2,680 · 4.14% over 25 years

$670Down payment (20.0%)
$2,680Loan before insurance
$0CMHC premium
$16Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16

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

One-time closing costs

Ontario land transfer tax
$17
Toronto municipal land transfer tax
$17
Estimated closing costs
$34

Plus your down payment of $670. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$17/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

$1,610Total interest paid
$4,290Total of all payments
Principal $2,680 Interest $1,610
YearPrincipalInterestBalance
1$63$109$2,617
2$65$106$2,552
3$68$103$2,484
4$71$101$2,413
5$74$98$2,339
6$77$95$2,262
7$80$91$2,181
8$84$88$2,098
9$87$84$2,011
10$91$81$1,920
11$95$77$1,825
12$99$73$1,727
13$103$69$1,624
14$107$65$1,517
15$111$60$1,406
16$116$56$1,290
17$121$51$1,169
18$126$46$1,043
19$131$40$911
20$137$35$775
21$142$29$632
22$148$23$484
23$155$17$329
24$161$10$168
25$168$4$0

At the end of your 5-year term

Total paid over the term
$858
Principal paid down
$341
Interest paid
$517
Balance remaining
$2,339

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 TRADEWORLD REALTY INC. MLS®/PropTx.

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