44 Romulus Basement Apartment Drive, Toronto, ON

Bendale, Toronto · MLS® E13581142

$2,300/mo
For Lease
Listed 4 days ago
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4Bedrooms
2Bathrooms
1Parking
1100-1500Sq Ft

About this home

Gorgious, Recently Updated, Large, Specious, and Bright Basement Apartment with 4 Bedrooms & 2 full Bathrooms is Available for Your Family to Enjoy and to make it your Sweet Home! This Entire Basement Unit Has New Gleaming Ceramic Floor in the Living Room, Kitchen, Hallway and the Bathrooms! It has its Own Independant Ensuit Laundry! All Bedrooms have Windows! All Bedrooms have Laminated Floors! 2 large Full Bathrooms are Great Facilities of Convenience! Highly Desired, Convenient Location of Midland Ave and Lawrence Ave East. Short Walk to Grocery Stores, Restaurants, Convenience Stores, Doctor's Offices, Fast Food Restaurants, Place of Worship, Public Transit, Parks, Schools, Madrassas, and Much more! Minuts Away From Down Town Toronto, Highway 401, Scarborough Town centre, and City Attractions! Very Quite and Family Neighbourhood! This is a Great Place to Raise Your Family!

Key facts

Property type
Detached, Bungalow
MLS®
E13581142
Bedrooms
4
Bathrooms
2
Size
1100-1500
Lot
41.4 × 146.75 ft
Cross streets
Midland Ave / Lawrence Ave East
Parking
1 parking
Driveway
Private
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Brick, Block
Roof
Shingles
Sewer
Sewer
Days on market
4
Listing brokerage
RE/MAX CROSSROADS REALTY INC.

Rooms

KitchenFlat3.65 × 3.35 m

ceramic floor · double sink · window

Primary BedroomFlat3.65 × 3.65 m

laminate · window

Living RoomFlat3.65 × 3.00 m

ceramic floor · walk-out

Bedroom 2Flat3.65 × 3.65 m

laminate · window

Bedroom 3Flat3.65 × 3.00 m

laminate · window · south view

Bedroom 4Flat3.65 × 3.00 m

laminate · window · closet

BathroomFlat1.83 × 2.13 m

ceramic floor · ceramic backsplash · 3 pc bath

BathroomFlat2.29 × 2.29 m

ceramic floor · ceramic backsplash · 3 pc bath

Moe’s TakeTeam Asgarian · Broker
Below comparables
$3,071/moest. value

Listed at $2,300/mo, this rental is about 25% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In Bendale lately, landlords have been getting about 97% of asking and homes lease in about 37 days.

Based on 92 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 92 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 $3,750/mo
  • Adjusts to $3,750/mo

That comparable adjusts to $3,750/mo; the $3,071/mo estimate above is the median of all 92 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 Lord Roberts Junior 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
$2,300/moBelow market$3,264/moAbove market

Total price vs nearby homes. Fair value about $3,071/mo, median of 92 comparables.

Comparable listingsCurrently listed nearby in Bendale · asking prices
$2,868avg asking

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

44 Romulus Drive$2,70061 Hollyhedge Drive$3,990Main-16 Cicerella Crescent$2,400Main-9 Waterfield Drive$2,60056 Amberdale Drive$2,650

The 5 closest of 8 active listings nearby.

See all comparable homes
2,300This home2,7003,9902,4002,6002,650This home vs active comparables
Live market pulseActive comparables in Bendale · median list $3K
8active listings nearby
4days on market
64leased nearby · 90 days
$3Kmedian leased price
97%of asking, on average

3 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

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.

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
Morningside
$3K
Milliken
$2K
Highland Creek
$1K

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 Lord Roberts Junior Public School
69%
Lord Roberts Junior Public SchoolPublic · Elementary · 0.5 km awayAround the GTA average · 69% meet the provincial standard
Charles Gordon Senior Public SchoolEQAO results not published
Alternative Scarborough Education 1EQAO results not published

Affordability & Mortgage

Affordability
$10/mo
$4KIncome needed
0.5×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 $10Property tax $1Total carry $12

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)
$10per month

Mortgage amount $1,840 · 4.14% over 25 years

$460Down payment (20.0%)
$1,840Loan before insurance
$0CMHC premium
$11Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11

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

One-time closing costs

Ontario land transfer tax
$12
Toronto municipal land transfer tax
$12
Estimated closing costs
$23

Plus your down payment of $460. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12/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

$1,106Total interest paid
$2,946Total of all payments
Principal $1,840 Interest $1,106
YearPrincipalInterestBalance
1$43$75$1,797
2$45$73$1,752
3$47$71$1,705
4$49$69$1,656
5$51$67$1,606
6$53$65$1,553
7$55$63$1,498
8$57$60$1,440
9$60$58$1,380
10$62$55$1,318
11$65$53$1,253
12$68$50$1,185
13$70$47$1,115
14$73$44$1,042
15$77$41$965
16$80$38$885
17$83$35$802
18$87$31$716
19$90$28$626
20$94$24$532
21$98$20$434
22$102$16$332
23$106$12$226
24$111$7$115
25$115$3$0

At the end of your 5-year term

Total paid over the term
$589
Principal paid down
$234
Interest paid
$355
Balance remaining
$1,606

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 CROSSROADS REALTY INC.. MLS®/PropTx.

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