lower level-11 walnut Crescent, Toronto, ON

Long Branch, Toronto · MLS® W13105720

$2,050/mo
For Lease
Listed 75 days ago
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1Bedrooms
1Bathrooms
1Parking
700Sq Ft

About this home

Brand New Modern Lower Level Home Apartment in A Prestigious Area in Etobicoke. Walking Distance To Lake Shore, High Ceiling with 1500 Sqft Of Living Space, Open Concept Design, Lots of Natural Lights, Partially Furnished, if The tenant needed otherwise will be removed, Ideal For Single Working Professional or a Couple, No Pet No Smoking. "A Fee Of $500.00 Will Be Charged If The Listing Agent Shows The Property On Behalf Of The Co-Op Agent ALL UTILITIES INCLUDED

Key facts

Property type
Detached, Apartment
MLS®
W13105720
Bedrooms
1
Bathrooms
1
Size
700 sq ft
Cross streets
Lakeshore Rd and 31th Street
Parking
1 parking
Driveway
Available
Basement
Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front, Stone
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Days on market
75
Listing brokerage
HOMELIFE/BAYVIEW REALTY INC.
Moe’s TakeTeam Asgarian · Broker
In line
$1,725/moest. value

Listed at $2,050/mo, this rental is within the range of comparable rentals, on the higher side. The number above is my independent estimate of value, not the asking price.

In Long Branch lately, landlords have been getting about 98% of asking and homes lease in about 35 days.

There were not many closely comparable homes right in Long Branch, so I widened the search to the surrounding area.

Based on 44 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 44 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 $1,900/mo
  • Bedrooms −$150/mo
  • Adjusts to $1,750/mo

That comparable adjusts to $1,750/mo; the $1,725/mo estimate above is the median of all 44 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 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.

List price
$1,256/moBelow market$2,150/moAbove market

Total price vs nearby homes. Fair value about $1,725/mo, median of 44 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.

  • 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
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Comparable listingsCurrently listed nearby in Long Branch · asking prices
$1,733avg asking

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

#3-3465 Lake Shore Boulevard$1,8004-8 Thirty Third Street$1,700Bsmt-5 Thirty-Fifth Street$1,700

The 3 closest active listings nearby.

See all comparable homes
2,050This home1,8001,7001,700This home vs active comparables
Live market pulseActive comparables in Long Branch · median list $3K
10active listings nearby
75days on market
44leased nearby · 90 days
$3Kmedian leased price
98%of asking, on average

74 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

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Dovercourt-Wallace Emerson-Junction
$2K
Briar Hill-Belgravia
$3K
Downsview-Roding-CFB
$3K
Willowdale West
$11K
Newtonbrook East
$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 · 0.2 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 22, 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/BAYVIEW REALTY INC.. MLS®/PropTx.

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