1579 Midland Avenue, Toronto, ON

Bendale, Toronto · MLS® E13539266

$3,850/mo
For Lease
Listed 14 days ago
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4Bedrooms
4Bathrooms
1Garage · 2 parking
1500-2000Sq Ft
9 schools20+ transit stops16 parks20+ restaurantswithin 1.5 km

About this home

Luxurious Brand New Freehold Corner Townhouse with 4 bedrooms, 4 baths, 1.5 garage in Toronto, easy access to Hwy401/shopping/supermarket/school/park. Bright and sun-filled, loaded with big windows ,9' smooth Ceilings, an upgraded modern white kitchen, and ample of cupboards. Quartz Centre Island w/breakfast area. Upgraded Stainless Steel appliances. Open Concept, Huge private Terrace, all good sized bedrooms have big windows, 2nd BR has a private balcony. An excellent floor plan.

Key facts

Property type
Townhouse, 3-Storey
MLS®
E13539266
Bedrooms
4
Bathrooms
4 (1 half)
Size
1500-2000
Cross streets
Lawrence/Midland
Parking
1 garage · 2 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
14
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

KitchenSecond3.69 × 3.81 m

laminate · centre island · stainless steel appl

Family RoomSecond3.69 × 3.35 m

w/o to terrace · open concept · laminate

Dining RoomSecond0.00 × 0.00 m

laminate · combined w/living · open concept

Bedroom 4Ground2.44 × 3.02 m

laminate · window · closet

Bedroom 3Third2.74 × 2.44 m

broadloom · window · closet

Primary BedroomThird3.69 × 3.50 m

broadloom · 2 pc ensuite · walk-in closet(s)

Living RoomSecond3.69 × 6.25 m

laminate · window · open concept

Bedroom 2Third2.93 × 3.50 m

broadloom · balcony · closet

Moe’s TakeTeam Asgarian · Broker
Above comparables
$3,600/moest. value

Listed at $3,850/mo, this rental is about 7% above what comparable rentals suggest. 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 25 days. Rents are down 3% versus a year ago.

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

Based on 39 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 39 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 $3,800/mo
  • Adjusts to $3,800/mo

That comparable adjusts to $3,800/mo; the $3,600/mo estimate above is the median of all 39 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 Donwood Park Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Midland Ave at Norbury Cres is about a 1-minute walk away.

List price
$3,400/moBelow market$3,850/moAbove market

Total price vs nearby homes. Fair value about $3,600/mo, median of 39 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$4,065avg asking

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

6187 Kingston Road$3,6503 Hayes Lane$3,80032D Oxford Street$5,4001084 Lansdowne Avenue$4,27319 Thomas Mulholland Drive$3,200

The 5 closest of 7 active listings nearby.

See all comparable homes
3,850This home3,6503,8005,4004,2733,200This home vs active comparables
Live market pulseActive comparables in Toronto · median list $4K
47active listings nearby
14days on market
9leased nearby · 90 days
$4Kmedian leased price
99%of asking, on average
3%vs a year ago

2 days longer than the Toronto average (12 days).

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.

Getting around

61/ 100

WalkableA 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 OpenStreetMap contributors.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Midland Ave at Norbury Cres, about 46 m away

20+ transit stops4 grocery20+ dining16 parks8 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.

Clairlea-Birchmount
$3K
Rouge E11
$3K
Centennial Scarborough
$4K
South Riverdale
$5K
Moss Park
$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 Donwood Park Public School
57%
Donwood Park Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 57% meet the provincial standard
Alternative Scarborough Education 1EQAO results not published

Affordability & Mortgage

Affordability
$18/mo
$4KIncome needed
0.9×Price ÷ income
$4Weekly 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 $18Property tax $2Total carry $20

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)
$16per month

Mortgage amount $3,080 · 4.14% over 25 years

$770Down payment (20.0%)
$3,080Loan before insurance
$0CMHC premium
$19Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$19

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$19
Toronto municipal land transfer tax
$19
Estimated closing costs
$39

Plus your down payment of $770. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$20/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

$1,851Total interest paid
$4,931Total of all payments
Principal $3,080 Interest $1,851
YearPrincipalInterestBalance
1$72$125$3,008
2$75$122$2,933
3$78$119$2,854
4$82$116$2,773
5$85$112$2,688
6$89$109$2,599
7$92$105$2,507
8$96$101$2,411
9$100$97$2,311
10$104$93$2,206
11$109$89$2,098
12$113$84$1,984
13$118$79$1,866
14$123$74$1,743
15$128$69$1,615
16$133$64$1,482
17$139$58$1,343
18$145$52$1,198
19$151$46$1,047
20$157$40$890
21$164$33$726
22$171$27$556
23$178$19$378
24$185$12$193
25$193$4$0

At the end of your 5-year term

Total paid over the term
$986
Principal paid down
$392
Interest paid
$594
Balance remaining
$2,688

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 KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.

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