A5-2831 Kingston Road, Toronto, ON

Cliffcrest, Toronto · MLS® E13075426

$1,700/mo
For Lease
Listed 80 days ago
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1Bedrooms
1Bathrooms
0Parking
700Sq Ft

About this home

Welcome to this bright and inviting corner unit in the heart of Scarborough's charming Cliffcrest neighbourhood, known for its tree lined streets and close proximity to the breathtaking Scarborough Bluffs and Bluffer's Park. This well maintained 1 bedroom, 1 bathroom layout offers a spacious bedroom, a clean and comfortable bathroom, and a sun-filled living area perfectly suited for singles or couples. Steps from local shops, cafés, and restaurants along Kingston Road, with TTC bus routes nearby for an easy commute anywhere in Toronto. Parking is available at an additional cost.

Key facts

Property type
Other, 2-Storey
MLS®
E13075426
Bedrooms
1
Bathrooms
1
Size
700 sq ft
Cross streets
St. Clair Avenue E & Kingston Road
Parking
0 parking
Driveway
Available
Heating
Baseboard
Exterior
Brick
Foundation
Block, Concrete
Roof
Flat
Days on market
80
Listing brokerage
RE/MAX HALLMARK REALTY LTD.
Moe’s TakeTeam Asgarian · Broker
In line
$1,964/moest. value

Listed at $1,700/mo, this rental is within the range of comparable rentals, on the lower side. The number above is my independent estimate of value, not the asking price.

In Cliffcrest lately, landlords have been getting about 97% of asking and homes lease in about 36 days.

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

Based on 49 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 49 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 $1,300/mo
  • Adjusts to $1,300/mo

That comparable adjusts to $1,300/mo; the $1,964/mo estimate above is the median of all 49 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 R H King Academy. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$1,556/moBelow market$2,074/moAbove market

Total price vs nearby homes. Fair value about $1,964/mo, median of 49 comparables.

Comparable listingsCurrently listed nearby in Cliffcrest · asking prices
$1,866avg asking

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

110A Harewood Avenue$1,850Bsmt-78 Cree Avenue$1,700Main Fl-2609 Kingston Road$2,049

The 3 closest active listings nearby.

See all comparable homes
1,700This home1,8501,7002,049This home vs active comparables
Live market pulseActive comparables in Cliffcrest · median list $2K
14active listings nearby
80days on market
100leased nearby · 90 days
$2Kmedian leased price
97%of asking, on average

On the market now.

View comparable listings

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

Neighbourhood & location

Cliffcrest, 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.

Woburn
$2K
East End-Danforth
$3K
Bayview Village
$3K
North St. James Town
$3K
Church-Yonge Corridor
$2K

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 Fairmount Public School
68%
Fairmount Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 68% meet the provincial standard

Affordability & Mortgage

Affordability
$8/mo
$4KIncome needed
0.4×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 $8Property tax $1Total carry $9

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)
$7per month

Mortgage amount $1,360 · 4.14% over 25 years

$340Down payment (20.0%)
$1,360Loan before insurance
$0CMHC premium
$8Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8

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

One-time closing costs

Ontario land transfer tax
$9
Toronto municipal land transfer tax
$9
Estimated closing costs
$17

Plus your down payment of $340. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9/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

$817Total interest paid
$2,177Total of all payments
Principal $1,360 Interest $817
YearPrincipalInterestBalance
1$32$55$1,328
2$33$54$1,295
3$35$53$1,260
4$36$51$1,224
5$38$50$1,187
6$39$48$1,148
7$41$46$1,107
8$42$45$1,065
9$44$43$1,020
10$46$41$974
11$48$39$926
12$50$37$876
13$52$35$824
14$54$33$770
15$57$31$713
16$59$28$654
17$61$26$593
18$64$23$529
19$67$20$462
20$69$18$393
21$72$15$321
22$75$12$245
23$78$9$167
24$82$5$85
25$85$2$0

At the end of your 5-year term

Total paid over the term
$435
Principal paid down
$173
Interest paid
$262
Balance remaining
$1,187

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 RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

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