Lower-58 Lightwood Drive, Toronto, ON

Thistletown-Beaumonde Heights, Toronto · MLS® W13100920

$1,650/mo
For Lease
Listed 75 days ago
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1Bedrooms
1Bathrooms
1Parking
1100-1500Sq Ft

About this home

Bright and spacious lower-level apartment located on a quiet family-friendly street. This well-maintained unit offers a functional open-concept layout, updated bathroom, generous living space, and convenient shared laundry. Ideally situated with quick access to major highways, public transit, parks, shopping, restaurants, schools, and all everyday amenities. Perfect for tenants seeking comfort, convenience, and a peaceful neighbourhood setting. Tenant responsible for 25% of utilities. 1 Parking Spot Included.

Key facts

Property type
Semi-Detached, Bungalow-Raised
MLS®
W13100920
Bedrooms
1
Bathrooms
1
Size
1100-1500
Lot
30 × 140.5 ft
Cross streets
Kipling Ave & Albion Rd
Parking
1 parking
Driveway
Private
Basement
Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
75
Listing brokerage
WOODSVIEW REALTY INC.

Rooms

BedroomLower0.00 × 0.00 m

Tile Floor

KitchenLower0.00 × 0.00 m

Tile Floor

BathroomLower0.00 × 0.00 m

Tile Floor

Living RoomLower0.00 × 0.00 m

Tile Floor

Moe’s TakeTeam Asgarian · Broker
In line
$1,669/moest. value

Listed at $1,650/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

In Thistletown-Beaumonde Heights lately, landlords have been getting about 95% of asking and homes lease in about 42 days. Rents are up 10% versus a year ago.

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

Based on 11 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 11 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 $1,750/mo
  • Adjusts to $1,750/mo

That comparable adjusts to $1,750/mo; the $1,669/mo estimate above is the median of all 11 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 Beaumonde Heights 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.

List price
$1,600/moBelow market$1,919/moAbove market

Total price vs nearby homes. Fair value about $1,669/mo, median of 11 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$1,788avg asking

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

7 Snowhill Crescent$1,850134 Angus Drive$1,800LOWER-74 glendower Circuit$1,50071 Pinto Drive$1,490C-31 Mariposa Avenue$2,300

The 5 closest active listings nearby.

See all comparable homes
1,650This home1,8501,8001,5001,4902,300This home vs active comparables
Live market pulseActive comparables in Toronto · median list $2K
61active listings nearby
75days on market
7leased nearby · 90 days
$3Kmedian leased price
95%of asking, on average
+10%vs a year ago

70 days longer than the Toronto average (5 days).

View comparable listings

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

Neighbourhood & location

Thistletown-Beaumonde 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.

Humbermede
$3K
Humber Summit
$2K
Dovercourt-Wallace Emerson-Junction
$2K
Dufferin Grove
$4K
Little Portugal
$4K

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 Beaumonde Heights Junior Middle School
70%
Beaumonde Heights Junior Middle SchoolPublic · Elementary · 0.5 km awayAround the GTA average · 70% meet the provincial standard
West Humber Collegiate InstituteEQAO results not published

Affordability & Mortgage

Affordability
$8/mo
$4KIncome needed
0.4×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 $8Property tax $1Total carry $9

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)
$7per month

Mortgage amount $1,320 · 4.14% over 25 years

$330Down payment (20.0%)
$1,320Loan before insurance
$0CMHC premium
$8Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8

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

One-time closing costs

Ontario land transfer tax
$8
Toronto municipal land transfer tax
$8
Estimated closing costs
$17

Plus your down payment of $330. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9/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

$793Total interest paid
$2,113Total of all payments
Principal $1,320 Interest $793
YearPrincipalInterestBalance
1$31$54$1,289
2$32$52$1,257
3$34$51$1,223
4$35$50$1,188
5$36$48$1,152
6$38$47$1,114
7$40$45$1,074
8$41$43$1,033
9$43$42$990
10$45$40$946
11$47$38$899
12$49$36$850
13$51$34$800
14$53$32$747
15$55$30$692
16$57$27$635
17$60$25$576
18$62$22$514
19$65$20$449
20$67$17$382
21$70$14$311
22$73$11$238
23$76$8$162
24$79$5$83
25$83$2$0

At the end of your 5-year term

Total paid over the term
$423
Principal paid down
$168
Interest paid
$255
Balance remaining
$1,152

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 WOODSVIEW REALTY INC.. MLS®/PropTx.

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