Bsmt-220 Ellington Drive, Toronto, ON

Wexford-Maryvale, Toronto · MLS® E13533700

$1,650/mo
For Lease
Listed 15 days ago
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3Bedrooms
1Bathrooms
1Parking
700-1100Sq Ft

About this home

**ONE MONTH RENT FREE** Professionally Managed Basement Unit With Private Side Entrance. Features Three Large-Sized Bedrooms, 3Pc Bathroom, Huge Open Format Kitchen + Living Room. Ensuite Laundry. Located Minutes From 401 & Walk To Warden Bus (~20 Min Ride To Warden Subway), Ellesmere Community Centre, Many Retailers. **EXTRAS: **Appliances: Fridge, Stove, Washer and Dryer **Utilities: Heat, Hydro & Water Extra, $150 Flat Rate/Month **Parking: 1 Spot Included, Located At Side Of Building

Key facts

Property type
Detached, Bungalow
MLS®
E13533700
Bedrooms
3
Bathrooms
1
Size
700-1100
Cross streets
Ellesmere & Warden
Parking
1 parking
Driveway
Private
Basement
Apartment, Unfinished
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Days on market
15
Listing brokerage
LANDLORD REALTY INC.

Rooms

KitchenBasement6.74 × 3.89 m

open concept · tile floor

Primary BedroomBasement0.00 × 0.00 m

above grade window · closet · tile floor

Living RoomBasement6.74 × 3.89 m

open concept · combined w/dining · tile floor

Bedroom 3Basement0.00 × 0.00 m

above grade window · tile floor

Bedroom 2Basement0.00 × 0.00 m

above grade window · closet · tile floor

Dining RoomBasement6.74 × 3.89 m

open concept · combined w/living · tile floor

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,309/moest. value

Listed at $1,650/mo, this rental is about 29% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In Wexford-Maryvale lately, landlords have been getting about 99% of asking and homes lease in about 31 days.

Based on 82 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 82 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 $3,500/mo
  • Bedrooms −$150/mo
  • Bathrooms −$100/mo
  • Adjusts to $3,250/mo

That comparable adjusts to $3,250/mo; the $2,309/mo estimate above is the median of all 82 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 Buchanan 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
$1,650/moBelow market$2,550/moAbove market

Total price vs nearby homes. Fair value about $2,309/mo, median of 82 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in Wexford-Maryvale · asking prices
$2,337avg asking

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

BSMT-1251 Warden Avenue$1,795BSMT-59 Pachino Boulevard$2,00021 Ivanhoe Court$2,500Main-1382 Warden Avenue$2,690Main-20 Bayard Avenue$2,700

The 5 closest of 8 active listings nearby.

See all comparable homes
1,650This home1,7952,0002,5002,6902,700This home vs active comparables
Live market pulseActive comparables in Wexford-Maryvale · median list $2K
19active listings nearby
15days on market
79leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

14 days longer than the Toronto average (1 days).

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.

Tam O'Shanter-Sullivan
$2K
Woburn
$2K
Bayview Village
$3K
Milliken
$2K
Morningside
$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 Buchanan Public School
53%
Buchanan Public SchoolPublic · Elementary · 0.8 km awayBelow the GTA average · 53% meet the provincial standard
Manhattan Park Junior Public SchoolEQAO results not published

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 LANDLORD REALTY INC.. MLS®/PropTx.

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