Bsmt-583 Old Weston Road, Toronto, ON

Weston-Pellam Park, Toronto · MLS® W13043684

$1,400/mo
For Lease
Listed 84 days ago
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1Bedrooms
1Bathrooms
0Parking
1100-1500Sq Ft

About this home

Welcome to this fully renovated 1-bedroom basement apartment offering the perfect blend of modern comfort and convenience. Featuring a private separate entrance, this stylish unit provides both privacy and functionality in a thoughtfully designed space. The contemporary kitchen is equipped with stainless steel appliances, while in-unit laundry adds everyday convenience. The spacious bedroom offers a calm and comfortable retreat, complemented by a well-appointed bathroom with high-quality finishes throughout. The lower level pays 25% of utilities. Although parking is not included, the property is ideally located with easy access to public transit, making commuting and exploring the vibrant surrounding neighborhood effortless. Elevate your lifestyle in this sleek and functional home in a prime urban location. You don't want to miss it!

Key facts

Property type
Other, Apartment
MLS®
W13043684
Bedrooms
1
Bathrooms
1
Size
1100-1500
Cross streets
St Clair/Old Weston
Parking
0 parking
Driveway
None
Basement
Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Days on market
84
Listing brokerage
KELLER WILLIAMS EMPOWERED REALTY

Rooms

Living RoomBasement8.86 × 8.17 m

vinyl floor · combined w/kitchen · open concept

BedroomBasement8.86 × 8.17 m

vinyl floor · window

BathroomBasement0.00 × 0.00 m

renovated · 3 pc bath

KitchenBasement8.86 × 8.17 m

vinyl floor · combined w/living

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent leases and give you a straight answer on what it will really take.

The assigned public school is Oakwood Collegiate Institute. 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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Income potential
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$4,266avg asking

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

401-77 Avenue Road$3,999411-38 Elm Street$3,800609-1 Gloucester Street$5,000

The 3 closest active listings nearby.

See all comparable homes
1,400This home3,9993,8005,000This home vs active comparables
Live market pulseActive comparables in Weston-Pellam Park · median list $2K
17active listings nearby
84days 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

Weston-Pellam Park, 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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.

Annex
$4K
Mimico
$3K
Kensington-Chinatown
$3K
Bay Street Corridor
$3K
Church-Yonge 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 General Mercer Junior Public School
54%
General Mercer Junior Public SchoolPublic · Elementary · 0.1 km awayBelow the GTA average · 54% meet the provincial standard

Affordability & Mortgage

Affordability
$6/mo
$4KIncome needed
0.3×Price ÷ income
$1Weekly 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 $6Property tax $1Total carry $7

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)
$6per month

Mortgage amount $1,120 · 4.14% over 25 years

$280Down payment (20.0%)
$1,120Loan before insurance
$0CMHC premium
$7Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7

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

One-time closing costs

Ontario land transfer tax
$7
Toronto municipal land transfer tax
$7
Estimated closing costs
$14

Plus your down payment of $280. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7/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

$673Total interest paid
$1,793Total of all payments
Principal $1,120 Interest $673
YearPrincipalInterestBalance
1$26$45$1,094
2$27$44$1,066
3$28$43$1,038
4$30$42$1,008
5$31$41$977
6$32$40$945
7$34$38$912
8$35$37$877
9$36$35$840
10$38$34$802
11$40$32$763
12$41$31$722
13$43$29$679
14$45$27$634
15$47$25$587
16$49$23$539
17$51$21$488
18$53$19$436
19$55$17$381
20$57$15$324
21$60$12$264
22$62$10$202
23$65$7$137
24$67$4$70
25$70$2$0

At the end of your 5-year term

Total paid over the term
$359
Principal paid down
$143
Interest paid
$216
Balance remaining
$977

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 KELLER WILLIAMS EMPOWERED REALTY. MLS®/PropTx.

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