Bsmt-82 Maresfield Drive, Toronto, ON

Milliken, Toronto · MLS® E13422420

$1,580/mo
For Lease
Listed 41 days ago
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◎ Directions
2Bedrooms
1Bathrooms
1Parking
700Sq Ft
10 schools20+ transit stops10 parks20+ restaurantswithin 1.5 km

About this home

2 Bedroom Apartment. Separate Laundry Located In High Demand & Convenient Milliken Community. Close To All Amenities, Walking Distance To Ttc, Schools, Supermarket, Library.

Key facts

Property type
Detached, 2-Storey
MLS®
E13422420
Bedrooms
2
Bathrooms
1
Size
700 sq ft
Lot
25 × 110 ft
Cross streets
Mccowan/Mcnicoll
Parking
1 parking
Driveway
Front Yard Parking
Basement
Apartment
Heating
Forced Air
A/C
None
Exterior
Aluminum Siding, Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
41
Listing brokerage
WANTHOME REALTY INC.

Rooms

BedroomBasement0.00 × 0.00 m

Laminate

KitchenBasement0.00 × 0.00 m

Tile Floor

Bedroom 2Basement0.00 × 0.00 m

Laminate

Moe’s TakeTeam Asgarian · Broker
In line
$1,450/moest. value

Listed at $1,580/mo, this rental is within the range of comparable rentals, on the higher side. The number above is my independent estimate of value, not the asking price.

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

Based on 13 similar rentals nearby, adjusted for size, beds, and baths.Median of 13 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 $1,880/mo
  • Bedrooms +$150/mo
  • Adjusts to $2,030/mo

That comparable adjusts to $2,030/mo; the $1,450/mo estimate above is the median of all 13 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 Albert Campbell Collegiate Institute. 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 more car-dependent spot, so buyers here typically drive. McNicoll Ave at Shady Hollow Dr is about a 1-minute walk away. Worth weighing if transit access matters to you.

List price
$1,250/moBelow market$1,600/moAbove market

Total price vs nearby homes. Fair value about $1,450/mo, median of 13 comparables.

Comparable listingsCurrently listed nearby · asking prices
$1,845avg asking

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

1-209 South Kingsway$1,600#B-54 Cliffwood Road$1,400B-270 Coxwell Avenue$1,8802nd Floor-77 Northcote Avenue$2,500

The 4 closest active listings nearby.

See all comparable homes
1,580This home1,6001,4001,8802,500This home vs active comparables
Live market pulseActive comparables in Milliken · median list $2K
12active listings nearby
41days on market

39 days longer than the Toronto average (2 days).

View comparable listings

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

Neighbourhood & location

Milliken, 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

14/ 100

Car-DependentA 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.

Almost all errands require a car — groceries and transit are a drive away.

🚉 Nearest transit: McNicoll Ave at Shady Hollow Dr, about 81 m away

20+ transit stops4 grocery20+ dining10 parks4 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.

Woburn
$3K
Bendale
$3K
Wexford-Maryvale
$2K
Bayview Village
$2K
Newtonbrook East
$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 Macklin Public School
68%
Macklin Public SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 68% meet the provincial standard

Affordability & Mortgage

Affordability
$7/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 $7Property tax $1Total carry $8

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7per month

Mortgage amount $1,264 · 4.14% over 25 years

$316Down payment (20.0%)
$1,264Loan 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
$8
Toronto municipal land transfer tax
$8
Estimated closing costs
$16

Plus your down payment of $316. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8/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

$760Total interest paid
$2,024Total of all payments
Principal $1,264 Interest $760
YearPrincipalInterestBalance
1$30$51$1,234
2$31$50$1,204
3$32$49$1,171
4$33$47$1,138
5$35$46$1,103
6$36$45$1,067
7$38$43$1,029
8$39$41$989
9$41$40$948
10$43$38$905
11$45$36$861
12$46$34$814
13$48$33$766
14$50$30$716
15$53$28$663
16$55$26$608
17$57$24$551
18$59$22$492
19$62$19$430
20$65$16$365
21$67$14$298
22$70$11$228
23$73$8$155
24$76$5$79
25$79$2$0

At the end of your 5-year term

Total paid over the term
$405
Principal paid down
$161
Interest paid
$244
Balance remaining
$1,103

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 WANTHOME REALTY INC.. MLS®/PropTx.

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