2-3481 Lakeshore Boulevard, Toronto, ON

Long Branch, Toronto · MLS® W12858674

$2,050/mo
For Lease
Listed 132 days ago
2Bedrooms
1Bathrooms
0Parking
700-1100Sq Ft

About this home

Long Branch on the South Side Of Lakeshore. Bl. 2 Bedroom Apt Above Restaurant, Laminated Floor, Ceramic Tile Bathroom. Move-In Ready. Walking Distance To Many Amenities,..... Extras: Apt #2, Facing Front Back. Laundry in Unit, Bright, Bright, Walking To Everything You Need.Walking To Everything You Need..

Key facts

Property type
Other, Apartment
MLS®
W12858674
Bedrooms
2
Bathrooms
1
Size
700-1100
Cross streets
Lakeshore/ 30th.St.
Parking
0 parking
Driveway
None
Basement
None
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Block
Roof
Flat
Sewer
Sewer
Days on market
132
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

Bedroom 2Upper6.00 × 6.00 m

Vinyl Floor

Living RoomUpper5.90 × 8.20 m

led lighting · vinyl floor

Primary BedroomUpper4.50 × 6.00 m

Vinyl Floor

KitchenUpper1.90 × 3.00 m

led lighting · vinyl floor

BathroomUpper9.00 × 10.00 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,336/moest. value

Listed at $2,050/mo, this rental is about 12% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 15 similar rentals nearby, adjusted for size, beds, and baths.Median of 15 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 $1,590/mo
  • Bedrooms +$150/mo
  • Adjusts to $1,740/mo

That comparable adjusts to $1,740/mo; the $2,336/mo estimate above is the median of all 15 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 James S Bell Junior Middle 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. Lake Shore Blvd West at Thirty First St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2,050/moBelow market$2,536/moAbove market

Total price vs nearby homes. Fair value about $2,336/mo, median of 15 comparables.

Comparable listingsCurrently listed nearby · asking prices
$2,370avg asking

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

404-1401 Dupont Street$1,900301-872 Sheppard Avenue$2,6502705-386 Yonge Street$2,900313-1401 Dupont Street$2,200617-1401 Dupont Street$2,200

The 5 closest of 8 active listings nearby.

See all comparable homes
2,050This home1,9002,6502,9002,2002,200This home vs active comparables
Live market pulseActive comparables in Long Branch · median list $2K
17active listings nearby
132days on market

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Long Branch, 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

72/ 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: Lake Shore Blvd West at Thirty First St, about 33 m away

20+ transit stops1 grocery20+ dining20+ parks10 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.

Mimico
$3K
Dovercourt-Wallace Emerson-Junction
$2K
Waterfront Communities C1
$3K
Kensington-Chinatown
$4K
Bay Street Corridor
$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 James S Bell Junior Middle School
70%
James S Bell Junior Middle SchoolPublic · Elementary · 0.1 km awayAround the GTA average · 70% 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 $11

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9per month

Mortgage amount $1,640 · 4.14% over 25 years

$410Down payment (20.0%)
$1,640Loan 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
$21

Plus your down payment of $410. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11/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

$985Total interest paid
$2,625Total of all payments
Principal $1,640 Interest $985
YearPrincipalInterestBalance
1$38$67$1,602
2$40$65$1,562
3$42$63$1,520
4$43$62$1,476
5$45$60$1,431
6$47$58$1,384
7$49$56$1,335
8$51$54$1,284
9$53$52$1,230
10$56$49$1,175
11$58$47$1,117
12$60$45$1,057
13$63$42$994
14$65$40$928
15$68$37$860
16$71$34$789
17$74$31$715
18$77$28$638
19$80$25$558
20$84$21$474
21$87$18$387
22$91$14$296
23$95$10$201
24$99$6$103
25$103$2$0

At the end of your 5-year term

Total paid over the term
$525
Principal paid down
$209
Interest paid
$316
Balance remaining
$1,431

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 HOMELIFE NEW WORLD REALTY INC.. MLS®/PropTx.

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