204-1191 Ellesmere Road, Toronto, ON

Bendale, Toronto · MLS® E13130710

$1,895/mo
For Lease
Listed 69 days ago
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1Bedrooms
1Bathrooms
0Parking
700-799Sq Ft

About this home

Welcome to this spacious and beautifully updated extra-large one-bedroom suite nestled in a well-maintained, quiet, and secure four-story building just moments from Scarborough Town Centre, everyday shopping, and convenient bus access to Kennedy Subway Station. This unit boasts an inviting L-shaped living room that flows seamlessly to a generous private balcony through sliding doors - perfect for morning coffee or evening relaxation. The bedroom features a walk-in closet, while additional storage is abundantly covered with a walk-in locker, a double hallway closet, and a linen closet. Building amenities include pay-per-use laundry, plus peace of mind with security FOB entry and camera surveillance throughout. Heat and water are included in the rent, with hydro separately metered. Optional parking is available at $135/month

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13130710
Bedrooms
1
Bathrooms
1
Size
700-799
Cross streets
Midland/Ellesmere
Parking
0 parking
Basement
None
Heating
Heat Pump
A/C
None
Exterior
Brick
Exposure
West
Days on market
69
Listing brokerage
RE/MAX CROSSROADS REALTY INC.

Rooms

Living RoomFlat5.57 × 3.19 m

closet · l-shaped room · parquet

KitchenFlat2.19 × 2.15 m

Tile Floor

Dining RoomFlat2.51 × 3.20 m

w/o to balcony · parquet

LockerFlat1.40 × 1.00 m
BedroomFlat3.58 × 4.29 m

walk-in closet(s) · parquet · large window

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,257/moest. value

Listed at $1,895/mo, this rental is about 16% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In Bendale lately, landlords have been getting about 99% of asking and homes lease in about 21 days.

Based on 72 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 72 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 $1,900/mo
  • Adjusts to $1,900/mo

That comparable adjusts to $1,900/mo; the $2,257/mo estimate above is the median of all 72 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 Edgewood Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$1,895/moBelow market$2,332/moAbove market

Total price vs nearby homes. Fair value about $2,257/mo, median of 72 comparables.

Comparable listingsCurrently listed nearby in Bendale · asking prices
$2,213avg asking

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

906-50 Town Centre Court$2,150701-83 Borough Drive$2,150PH3502-50 Brian Harrison Way$2,250322-25 Town Centre Court$2,300

The 4 closest active listings nearby.

See all comparable homes
1,895This home2,1502,1502,2502,300This home vs active comparables
Live market pulseActive comparables in Bendale · median list $2K
42active listings nearby
69days on market
100leased nearby · 90 days
$2Kmedian leased price
99%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

Bendale, 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.

Bayview Village
$3K
North St. James Town
$2K
Church-Yonge Corridor
$2K
Bay Street Corridor
$2K
Annex
$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 Edgewood Public School
36%
Edgewood Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 36% meet the provincial standard
Alternative Scarborough Education 1EQAO results not published

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)
$8per month

Mortgage amount $1,516 · 4.14% over 25 years

$379Down payment (20.0%)
$1,516Loan before insurance
$0CMHC premium
$9Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9

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
$19

Plus your down payment of $379. 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

$911Total interest paid
$2,427Total of all payments
Principal $1,516 Interest $911
YearPrincipalInterestBalance
1$36$62$1,480
2$37$60$1,443
3$39$59$1,405
4$40$57$1,365
5$42$55$1,323
6$44$53$1,279
7$45$52$1,234
8$47$50$1,187
9$49$48$1,137
10$51$46$1,086
11$54$44$1,032
12$56$41$977
13$58$39$919
14$61$37$858
15$63$34$795
16$66$31$729
17$68$29$661
18$71$26$590
19$74$23$516
20$77$20$438
21$81$16$358
22$84$13$274
23$87$10$186
24$91$6$95
25$95$2$0

At the end of your 5-year term

Total paid over the term
$485
Principal paid down
$193
Interest paid
$292
Balance remaining
$1,323

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 CROSSROADS REALTY INC.. MLS®/PropTx.

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