21 Good Road, Toronto, ON

Highland Creek, Toronto · MLS® E13570666

$1,800/mo
For Lease
Listed 6 days ago
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2Bedrooms
1Bathrooms
1Parking
1500-2000Sq Ft

About this home

Location! Beautifully renovated basement unit in one of the most desirable family-friendly neighbourhoods. This bright 1+1 bedroom, 1 bathroom home offers a comfortable layout and features ensuite laundry with an in-unit washer and dryer for added convenience.Located in a great community with easy access to big box stores, restaurants, cinemas, schools, 24-hour transit, Highway 401, the University of Toronto, and Centennial College. Basement tenant pays 40% of utilities.

Key facts

Property type
Detached, 2-Storey
MLS®
E13570666
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
1500-2000
Cross streets
Collins And North Of Ellesmere
Parking
1 parking
Driveway
Private
Basement
Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Unknown
Sewer
Sewer
Days on market
6
Listing brokerage
PINNACLE ONE REAL ESTATE INC.
Moe’s TakeTeam Asgarian · Broker
In line
$2,350/moest. value

Listed at $1,800/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 Highland Creek lately, landlords have been getting about 96% of asking and homes lease in about 42 days.

Based on 35 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 35 recently leased comparable homes — actual closing prices, not asks — 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, leased for $2,200/mo
  • Adjusts to $2,200/mo

That comparable adjusts to $2,200/mo; the $2,350/mo estimate above is the median of all 35 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.

On schools, this address is zoned for Morrish Public School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

List price
$1,750/moBelow market$2,796/moAbove market

Total price vs nearby homes. Fair value about $2,350/mo, median of 35 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
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Comparable listingsCurrently listed nearby in Highland Creek · asking prices
$1,840avg asking

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

Basement-31 Good Road$1,75018 Hearth Place$1,600Bsmt-20 Gaslight Crescent$1,850BSMT-3 Parade Square$1,900Bsmt 3528 Ellesmere Road$2,100

The 5 closest of 7 active listings nearby.

See all comparable homes
1,800This home1,7501,6001,8501,9002,100This home vs active comparables
Live market pulseActive comparables in Highland Creek · median list $2K
7active listings nearby
6days on market
48leased nearby · 90 days
$2Kmedian leased price
96%of asking, on average

5 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

Highland Creek, 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.

Morningside
$3K
Woburn
$2K
Milliken
$2K
Tam O'Shanter-Sullivan
$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 Morrish Public School
82%
Morrish Public SchoolPublic · Elementary · 0.4 km awayAbove the GTA average · 82% meet the provincial standard
West Hill Collegiate InstituteEQAO 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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8per month

Mortgage amount $1,440 · 4.14% over 25 years

$360Down payment (20.0%)
$1,440Loan before insurance
$0CMHC premium
$9Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9

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

One-time closing costs

Ontario land transfer tax
$9
Toronto municipal land transfer tax
$9
Estimated closing costs
$18

Plus your down payment of $360. 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

$865Total interest paid
$2,305Total of all payments
Principal $1,440 Interest $865
YearPrincipalInterestBalance
1$34$58$1,406
2$35$57$1,371
3$37$56$1,335
4$38$54$1,296
5$40$52$1,257
6$41$51$1,215
7$43$49$1,172
8$45$47$1,127
9$47$45$1,080
10$49$43$1,032
11$51$41$981
12$53$39$928
13$55$37$873
14$57$35$815
15$60$32$755
16$62$30$693
17$65$27$628
18$68$25$560
19$71$22$490
20$73$19$416
21$77$16$340
22$80$12$260
23$83$9$177
24$87$6$90
25$90$2$0

At the end of your 5-year term

Total paid over the term
$461
Principal paid down
$183
Interest paid
$278
Balance remaining
$1,257

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 PINNACLE ONE REAL ESTATE INC.. MLS®/PropTx.

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