Basement-48 Station Road, Toronto, ON

Mimico, Toronto · MLS® W13080624

$2,400/mo
For Lease
Listed 80 days ago
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2Bedrooms
1Bathrooms
1Parking
700-1100Sq Ft

About this home

Beautifully maintained 2-bedroom, 1-bathroom basement suite in a well-kept 6-plex, ideally situated on one of Mimico's most desirable and quiet streets. Enjoy the convenience of being just a 10-mintue walk to the Mimico GO station, with easy access to charming local shops, bakeries, parks, grocery stores, and restaurants all nearby. Commuting is a breeze with quick connections to the Gardiner Expressway, Highway 427, and Toronto Pearson Airport, while Sherway Gardens is only minutes away. This unit includes one parking space and water. Hydro and Gas are separately metered and not included in the lease. On-site coin-operated laundry adds everyday convenience.

Key facts

Property type
Other, 2-Storey
MLS®
W13080624
Bedrooms
2
Bathrooms
1
Size
700-1100
Cross streets
Royal York Rd & Lakeshore Blvd
Parking
1 parking
Driveway
Reserved/Assigned
Basement
Apartment, Separate Entrance
Heating
Forced Air
A/C
Other
Exterior
Stucco (Plaster)
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Days on market
80
Listing brokerage
Royal LePage Security Real Estate

Rooms

Living RoomBasement0.00 × 0.00 m
Dining RoomBasement0.00 × 0.00 m
Bedroom 2Basement0.00 × 0.00 m
BedroomBasement2.50 × 3.00 m
LaundryBasement0.00 × 0.00 m
Our TakeTeam Asgarian · Broker
Below comparables
$2,941/moest. value

Listed at $2,400/mo, and my independent estimate is about 18% below comparable rentals, worth a close look.

In Mimico lately, landlords get about 99% of asking; homes lease in ~21 days.

List price
$2,400/moBelow market$3,117/moAbove market

Total price vs nearby homes. Fair value about $2,941/mo, median of 63 comparables.

How this estimate is builtthe short version

I take the 63 most comparable recent leases nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent lease prices, not asking prices. Lot, condition, and finishes are my in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is John English 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.

Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 63 comparable rentals that recently leased nearby.

Comparable listingsCurrently listed nearby · asking prices
$2,575avg asking

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

4-1083 Avenue Road$3,1001-861 O'Connor Drive$2,900Basement-55 Glenshaw Crescent$1,600101-118 Varna Drive$2,700

The 4 closest active listings nearby.

See all comparable homes
2,400This home3,1002,9001,6002,700This home vs active comparables
Live market pulseActive comparables in Mimico · median list $2K
7active listings nearby
80days on market
100leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

On the market now.

View comparable listings

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

Neighbourhood & location

Mimico, 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.

Islington-City Centre West
$2K
South Parkdale
$2K
Annex
$4K
Humewood-Cedarvale
$2K
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 John English Junior Middle School
73%
John English Junior Middle SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 73% meet the provincial standard

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Royal LePage Security Real Estate. MLS®/PropTx.

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