Main-16 Compton Drive, Toronto, ON

Wexford-Maryvale, Toronto · MLS® E13576962

$3,000/mo
For Lease
Just listed today
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3Bedrooms
1Bathrooms
1Parking
700-1100Sq Ft

About this home

Welcome to 16 Compton Drive, Toronto, a well-maintained and inviting home located in the highly sought-after Wexford-Maryvale community. This bright and spacious residence offers a comfortable layout with generous living spaces, open concept kitchen with counter top making it an excellent choice for families and professionals alike. Situated on a quiet, family-friendly street, this property is conveniently located close to top-rated schools, parks, shopping, restaurants, public transit (TTC/LRT), and major highways (401/404/DVP), providing easy access to downtown Toronto and surrounding areas. Responsible for 60% of Utilities. Partially Private shared laundry.

Key facts

Property type
Detached, Bungalow
MLS®
E13576962
Bedrooms
3
Bathrooms
1
Size
700-1100
Cross streets
Warden / Lawrence
Parking
1 parking
Driveway
Available
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Listing brokerage
RE/MAX ACE REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Above comparables
$2,650/moest. value

Listed at $3,000/mo, this rental is about 13% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

Based on 9 similar rentals nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, 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, listed at $2,500/mo
  • Adjusts to $2,500/mo

That comparable adjusts to $2,500/mo; the $2,650/mo estimate above is the median of all 9 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 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.

On location, this is a very walkable address with everyday errands close by. Warden Ave at Boem Ave is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2,000/moBelow market$3,000/moAbove market

Total price vs nearby homes. Fair value about $2,650/mo, median of 9 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Wexford-Maryvale · asking prices
$2,738avg asking

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

Main-14 Reddins Road$2,99961 Shangarry Drive$2,800Main-20 Bayard Avenue$2,700Main-1382 Warden Avenue$2,69021 Ivanhoe Court$2,500

The 5 closest of 8 active listings nearby.

See all comparable homes
3,000This home2,9992,8002,7002,6902,500This home vs active comparables
Live market pulseActive comparables in Wexford-Maryvale · median list $2K
17active listings nearby
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.

Getting around

77/ 100

Very 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 Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Warden Ave at Boem Ave, about 321 m away

20+ transit stops7 grocery20+ dining9 parks16 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.

Bendale
$2K
Willowdale East
$3K
West Hill
$3K
Willowdale West
$4K
Islington-City Centre West
$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 · 0.5 km awayBelow the GTA average · 53% meet the provincial standard
Manhattan Park Junior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$14/mo
$4KIncome needed
0.7×Price ÷ income
$3Weekly 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 $14Property tax $2Total carry $16

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$13per month

Mortgage amount $2,400 · 4.14% over 25 years

$600Down payment (20.0%)
$2,400Loan before insurance
$0CMHC premium
$15Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$13
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$15

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

One-time closing costs

Ontario land transfer tax
$15
Toronto municipal land transfer tax
$15
Estimated closing costs
$30

Plus your down payment of $600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$16/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

$1,442Total interest paid
$3,842Total of all payments
Principal $2,400 Interest $1,442
YearPrincipalInterestBalance
1$56$97$2,344
2$59$95$2,285
3$61$93$2,224
4$64$90$2,161
5$66$87$2,094
6$69$85$2,025
7$72$82$1,953
8$75$79$1,879
9$78$76$1,801
10$81$72$1,719
11$85$69$1,635
12$88$65$1,546
13$92$62$1,454
14$96$58$1,359
15$100$54$1,259
16$104$50$1,155
17$108$45$1,047
18$113$41$934
19$118$36$816
20$122$31$694
21$128$26$566
22$133$21$433
23$138$15$295
24$144$9$150
25$150$3$0

At the end of your 5-year term

Total paid over the term
$768
Principal paid down
$306
Interest paid
$463
Balance remaining
$2,094

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 RE/MAX ACE REALTY INC.. MLS®/PropTx.

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