Bsmt-8 Lesskim Court, Toronto, ON

Steeles, Toronto · MLS® E13535538

$1,500/mo
For Lease
Listed 11 days ago
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2Bedrooms
1Bathrooms
2Parking
1500-2000Sq Ft

About this home

Great location! Finished basement with separated entrance including 2 bedrooms 1 living room 1 kitchen 1 bathroom (3pc). Provide 1-2 parking spaces out of 6 spaces. Top ranking public schools & dr. Norman Bethune high school. Steps to shopping mall (foody market, T&T, etc), TTC, Restaurants, library and park. Close to Hwy 404 & Hwy 7. Existing fridge, cooktop, range hood, washer & dryer (share with upper stairs). Powder room at first floor is not included.

Key facts

Property type
Detached, 2-Storey
MLS®
E13535538
Bedrooms
2
Bathrooms
1
Size
1500-2000
Cross streets
Warden/Steeles
Parking
2 parking
Driveway
Private
Basement
Separate Entrance, Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
11
Listing brokerage
HOMELIFE LANDMARK REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Below comparables
$1,800/moest. value

Listed at $1,500/mo, this rental is about 17% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

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

Based on 5 similar rentals nearby, adjusted for size, beds, and baths.Median of 5 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 $4,300/mo
  • Bedrooms −$150/mo
  • Bathrooms −$100/mo
  • Adjusts to $4,050/mo

That comparable adjusts to $4,050/mo; the $1,800/mo estimate above is the median of all 5 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.

Its public catchment (Dr Norman Bethune Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$1,500/moBelow market$2,650/moAbove market

Total price vs nearby homes. Fair value about $1,800/mo, median of 5 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$2,700avg asking

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

21 Good Road$1,80058 Alanbull Square$1,800Main-53 Treverton Drive$2,90070 Mann Avenue$4,300

The 4 closest active listings nearby.

See all comparable homes
1,500This home1,8001,8002,9004,300This home vs active comparables
Live market pulseActive comparables in Steeles · median list $1K
7active listings nearby
11days on market

9 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

Steeles, 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

0/ 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.

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.

Bayview Village
$1K
Wexford-Maryvale
$2K
Willowdale East
$3K
Bendale
$3K
Willowdale West
$5K

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 Sir Samuel B Steele Junior Public School
71%
Sir Samuel B Steele Junior Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 71% meet the provincial standard
Sir Ernest MacMillan Senior Public SchoolEQAO results not published

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6per month

Mortgage amount $1,200 · 4.14% over 25 years

$300Down payment (20.0%)
$1,200Loan before insurance
$0CMHC premium
$7Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7

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
$15

Plus your down payment of $300. 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

$721Total interest paid
$1,921Total of all payments
Principal $1,200 Interest $721
YearPrincipalInterestBalance
1$28$49$1,172
2$29$48$1,143
3$31$46$1,112
4$32$45$1,080
5$33$44$1,047
6$35$42$1,013
7$36$41$977
8$37$39$939
9$39$38$900
10$41$36$860
11$42$34$817
12$44$33$773
13$46$31$727
14$48$29$679
15$50$27$629
16$52$25$577
17$54$23$523
18$56$20$467
19$59$18$408
20$61$16$347
21$64$13$283
22$66$10$217
23$69$8$147
24$72$5$75
25$75$2$0

At the end of your 5-year term

Total paid over the term
$384
Principal paid down
$153
Interest paid
$231
Balance remaining
$1,047

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 HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.

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