Lower-26 Scotswood Road, Toronto, ON

Wexford-Maryvale, Toronto · MLS® E13502540

$1,650/mo
For Lease
Listed 23 days ago
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2Bedrooms
1Bathrooms
1Parking
700-1100Sq Ft

About this home

Welcome to this beautifully renovated 2-bedroom basement apartment, nestled in the highly sought-after Wexford/Maryvale neighbourhood of Toronto. This spacious and bright open-concept sought-after Wexford/Maryvale neighbourhood of Toronto. This spacious and bright open-concept style.Thoughtfully designed for comfort and function, the space offers smart, efficient use of every square foot. The modern kitchen and living area flow seamlessly, while the stylish bathroom features a glass-enclosed shower for a touch of luxury.Enjoy the convenience of living in a vibrant, well-connected community with easy access to major highways, TTC transit, shopping, parks, and everyday amenities. Perfect for professionals or small families seeking a comfortable and convenient lifestyle.

Key facts

Property type
Other, Bungalow
MLS®
E13502540
Bedrooms
2
Bathrooms
1
Size
700-1100
Lot
43 × 112 ft
Cross streets
Ellesmere Rd & Pharmacy Ave
Parking
1 parking
Driveway
Mutual
Basement
Apartment, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
23
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Moe’s TakeTeam Asgarian · Broker
In line
$2,225/moest. value

Listed at $1,650/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 Wexford-Maryvale lately, landlords have been getting about 98% of asking and homes lease in about 29 days.

Based on 16 similar rentals nearby, adjusted for size, beds, and baths.Median of 16 comparable active listings, adjusted for size, beds, and baths. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $1,900/mo
  • Adjusts to $1,900/mo

That comparable adjusts to $1,900/mo; the $2,225/mo estimate above is the median of all 16 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 Maryvale 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
$1,645/moBelow market$2,550/moAbove market

Total price vs nearby homes. Fair value about $2,225/mo, median of 16 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 in Wexford-Maryvale · asking prices
$1,883avg asking

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

Bsmt-17 Crosland Drive$1,900Bsmt-11 White Abbey Park$2,10040 Greylawn Crescent$1,650

The 3 closest active listings nearby.

See all comparable homes
1,650This home1,9002,1001,650This home vs active comparables
Live market pulseActive comparables in Wexford-Maryvale · median list $2K
24active listings nearby
23days on market
100leased nearby · 90 days
$2Kmedian leased price
98%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

Wexford-Maryvale, 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
Woburn
$2K
Milliken
$2K
East End-Danforth
$3K
North St. James Town
$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 Maryvale Public School
52%
Maryvale Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 52% 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 $1,320 · 4.14% over 25 years

$330Down payment (20.0%)
$1,320Loan 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
$17

Plus your down payment of $330. 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

$793Total interest paid
$2,113Total of all payments
Principal $1,320 Interest $793
YearPrincipalInterestBalance
1$31$54$1,289
2$32$52$1,257
3$34$51$1,223
4$35$50$1,188
5$36$48$1,152
6$38$47$1,114
7$40$45$1,074
8$41$43$1,033
9$43$42$990
10$45$40$946
11$47$38$899
12$49$36$850
13$51$34$800
14$53$32$747
15$55$30$692
16$57$27$635
17$60$25$576
18$62$22$514
19$65$20$449
20$67$17$382
21$70$14$311
22$73$11$238
23$76$8$162
24$79$5$83
25$83$2$0

At the end of your 5-year term

Total paid over the term
$423
Principal paid down
$168
Interest paid
$255
Balance remaining
$1,152

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 CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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