Upper-83 Shier Drive, Toronto, ON

Woburn, Toronto · MLS® E13582490

$2,000/mo
For Lease
Listed 2 days ago
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2Bedrooms
1Bathrooms
1Parking
700-1100Sq Ft

About this home

Bright And Spacious Two Bedroom Upper Level Apartment Complete With A Generous Backyard And Large Garage For Storage. Steps To Go Train And TTC. Close To Cedarbrook Public School And Cedarbrook Park. Very Peaceful Street For Families. Laundry Downstairs Is Shared With Basement Tenant. Tenant Pays Half Of Utilities For Building. Non Smokers And No Pets Preferred.

Key facts

Property type
Detached, Bungalow-Raised
MLS®
E13582490
Bedrooms
2
Bathrooms
1
Size
700-1100
Cross streets
Belamy Rd & Eglinton Ave E
Parking
1 parking
Driveway
Private
Basement
Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
2
Listing brokerage
REAL ESTATE HOMEWARD

Rooms

Dining RoomUpper5.15 × 3.35 m

laminate · combined w/living · overlooks backyard

Bedroom 2Upper3.35 × 3.05 m

laminate · large closet · overlooks frontyard

Primary BedroomUpper3.95 × 3.05 m

laminate · double closet · overlooks frontyard

KitchenUpper3.50 × 2.45 m

ceramic floor · b/i appliances · overlooks backyard

Living RoomUpper5.15 × 335.00 m

laminate · combined w/dining · overlooks backyard

Moe’s TakeTeam Asgarian · Broker
In line
$1,963/moest. value

Listed at $2,000/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

In Woburn lately, landlords have been getting about 96% of asking and homes lease in about 43 days.

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

Based on 76 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 76 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 $1,700/mo
  • Bathrooms −$100/mo
  • Adjusts to $1,600/mo

That comparable adjusts to $1,600/mo; the $1,963/mo estimate above is the median of all 76 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 Cedarbrae Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$1,661/moBelow market$2,250/moAbove market

Total price vs nearby homes. Fair value about $1,963/mo, median of 76 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$2,437avg asking

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

Unit B-973 Willowdale Ave Avenue$1,19859 Westhumber Boulevard$2,749Main-61 Chartland Boulevard$2,800Main Floor-52 Tweedrock Crescent$3,000

The 4 closest active listings nearby.

See all comparable homes
2,000This home1,1982,7492,8003,000This home vs active comparables
Live market pulseActive comparables in Woburn · median list $2K
36active listings nearby
2days on market
66leased nearby · 90 days
$2Kmedian leased price
96%of asking, on average

1 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

Woburn, 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
Tam O'Shanter-Sullivan
$2K
Highland Creek
$2K
Milliken
$2K
Willowdale West
$11K

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 Cedarbrook Public School
48%
Cedarbrook Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 48% meet the provincial standard

Affordability & Mortgage

Affordability
$9/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 $9Property tax $1Total carry $10

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)
$9per month

Mortgage amount $1,600 · 4.14% over 25 years

$400Down payment (20.0%)
$1,600Loan before insurance
$0CMHC premium
$10Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10

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

One-time closing costs

Ontario land transfer tax
$10
Toronto municipal land transfer tax
$10
Estimated closing costs
$20

Plus your down payment of $400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10/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

$961Total interest paid
$2,561Total of all payments
Principal $1,600 Interest $961
YearPrincipalInterestBalance
1$37$65$1,563
2$39$63$1,523
3$41$62$1,483
4$42$60$1,440
5$44$58$1,396
6$46$56$1,350
7$48$55$1,302
8$50$53$1,252
9$52$50$1,200
10$54$48$1,146
11$56$46$1,090
12$59$44$1,031
13$61$41$970
14$64$39$906
15$67$36$839
16$69$33$770
17$72$30$698
18$75$27$622
19$78$24$544
20$82$21$462
21$85$17$377
22$89$14$289
23$92$10$196
24$96$6$100
25$100$2$0

At the end of your 5-year term

Total paid over the term
$512
Principal paid down
$204
Interest paid
$309
Balance remaining
$1,396

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 REAL ESTATE HOMEWARD. MLS®/PropTx.

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