Basement-31 Clair Road, Toronto, ON

Glenfield-Jane Heights, Toronto · MLS® W13057064

$1,950/mo
For Lease
Listed 85 days ago
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2Bedrooms
1Bathrooms
0Parking
2000-2500Sq Ft

About this home

Welcome Home. Tucked Away In A Quiet Residential Pocket Near Sheppard & Jane, This Beautifully Renovated Basement Apartment Offers The Perfect Sanctuary For A Discerning Single Professional Or Couple Seeking Comfort, Style, And Calm. Step Inside And Be Surprised By The Soaring 8'6"Ceilings And An Expansive Open-Concept Living And Dining Area Flood The Space With An Airy Feel. Pot Lights Throughout Create Warm, Ambient Evenings, While Sleek Laminate Floors Run Seamlessly From Room To Room. The Thoughtfully Designed Kitchen Features Granite Countertops, Newer Cabinetry, And Built-In Stainless Steel Appliances, Ideal For People Who Appreciate Clean Lines And Quality Finishes. Both Bedrooms Are Quietly Tucked Away, Each With Built-In Closets And Windows That Bring In Natural Light. Your Own Ensuite Washer And Dryer Means No Shared Laundry. This Is A Smoke-Free, Vape-Free, Pet-Free Home That Is Maintained With Care And Offered To Equally Conscientious Tenants. Private Entrance. Convenient Transit Connections To York University And Downtown. AAA Tenants Only.

Key facts

Property type
Detached, Bungalow
MLS®
W13057064
Bedrooms
2
Bathrooms
1
Size
2000-2500
Cross streets
Jane And Sheppard
Parking
0 parking
Driveway
None
Basement
Apartment, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Days on market
85
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

BathroomBasement2.62 × 1.45 m

ceramic floor · 4 pc bath

LaundryBasement1.63 × 1.38 m

ceramic floor · window

Living RoomBasement5.68 × 3.38 m

laminate · open concept · pot lights

Primary BedroomBasement3.63 × 3.38 m

laminate · b/i closet · window

KitchenBasement6.32 × 2.26 m

ceramic floor · b/i appliances · pot lights

Dining RoomBasement5.68 × 3.38 m

laminate · open concept · pot lights

Bedroom 2Basement3.58 × 3.15 m

laminate · b/i closet · window

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,093/moest. value

Listed at $1,950/mo, this rental is about 7% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In Glenfield-Jane Heights lately, landlords have been getting about 98% of asking and homes lease in about 37 days. Rents are down 3% versus a year ago.

There were not many closely comparable homes right in Glenfield-Jane Heights, so I widened the search to the surrounding area.

Based on 7 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 7 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $1,500/mo
  • Bedrooms +$150/mo
  • Adjusts to $1,650/mo

That comparable adjusts to $1,650/mo; the $2,093/mo estimate above is the median of all 7 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 Oakdale Park Middle 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
$1,950/moBelow market$3,007/moAbove market

Total price vs nearby homes. Fair value about $2,093/mo, median of 7 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1,770avg asking

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

Basement-20 Ivy Green Crescent$2,000Basement-56 Silversted Drive$1,600lower-2 Coates Avenue$2,300Basement-1178 Kipling Avenue$1,80038 Marcelline Crescent$1,150

The 5 closest of 8 active listings nearby.

See all comparable homes
1,950This home2,0001,6002,3001,8001,150This home vs active comparables
Live market pulseActive comparables in Toronto · median list $2K
83active listings nearby
85days on market
28leased nearby · 90 days
$3Kmedian leased price
98%of asking, on average
3%vs a year ago

84 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

Glenfield-Jane Heights, 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.

Downsview-Roding-CFB
$3K
Briar Hill-Belgravia
$3K
Willowdale West
$11K
Dovercourt-Wallace Emerson-Junction
$2K
Bayview Village
$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 Stanley Public School
44%
Stanley Public SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 44% 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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8per month

Mortgage amount $1,560 · 4.14% over 25 years

$390Down payment (20.0%)
$1,560Loan before insurance
$0CMHC premium
$10Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8
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 $390. 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

$937Total interest paid
$2,497Total of all payments
Principal $1,560 Interest $937
YearPrincipalInterestBalance
1$37$63$1,523
2$38$62$1,485
3$40$60$1,446
4$41$59$1,404
5$43$57$1,361
6$45$55$1,316
7$47$53$1,270
8$49$51$1,221
9$51$49$1,170
10$53$47$1,117
11$55$45$1,062
12$57$43$1,005
13$60$40$945
14$62$38$883
15$65$35$818
16$68$32$751
17$70$29$680
18$73$27$607
19$76$23$530
20$80$20$451
21$83$17$368
22$86$13$282
23$90$10$191
24$94$6$98
25$98$2$0

At the end of your 5-year term

Total paid over the term
$499
Principal paid down
$199
Interest paid
$301
Balance remaining
$1,361

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 WEST REALTY INC.. MLS®/PropTx.

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