Main-279 Cornelius Parkway, Toronto, ON

Downsview-Roding-CFB, Toronto · MLS® W13113698

$3,000/mo
For Lease
Listed 72 days ago
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3Bedrooms
1Bathrooms
1Garage
700-1100Sq Ft

About this home

Beautifully renovated from top to bottom, this bright and inviting main floor home offers the perfect blend of comfort, style, and practicality for responsible tenants seeking a well-cared-for residence in a family-friendly neighbourhood. Filled with natural light, the spacious layout features generous principal rooms, abundant closet and in-suite storage space, and a stunning modern kitchen complete with full-sized stainless steel appliances. Enjoy your morning coffee or evening unwind on the private walk-out balcony overlooking a lush shared backyard garden oasis.Additional conveniences include shared laundry on the same level, a garage parking space plus ample driveway parking, and updated plumbing, electrical, and HVAC systems for peace of mind and year-round comfort. Ideally located near the end of a quiet dead-end street, this home offers a safe, low-traffic setting perfect for families and professionals alike. Just minutes to excellent schools, parks, shopping, TTC transit, Yorkdale Subway Station, and Yorkdale Shopping Centre, this is a rare opportunity to enjoy modern living in a warm and welcoming community.

Key facts

Property type
Detached, Apartment
MLS®
W13113698
Bedrooms
3
Bathrooms
1
Size
700-1100
Cross streets
Wilson & Keele
Parking
1 garage (detached)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
72
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

Bedroom 2Main3.30 × 3.13 m

closet · window · laminate

KitchenMain3.66 × 3.21 m

porcelain floor · stainless steel appl · w/o to balcony

Bedroom 3Main3.90 × 3.30 m

closet · window · laminate

Dining RoomMain4.60 × 3.41 m

combined w/living · laminate · window

Primary BedroomMain6.06 × 3.82 m

closet · window · laminate

Living RoomMain4.60 × 3.41 m

combined w/dining · laminate · pot lights

Moe’s TakeTeam Asgarian · Broker
Above comparables
$2,600/moest. value

Listed at $3,000/mo, this rental is about 15% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In Downsview-Roding-CFB lately, landlords have been getting about 98% of asking and homes lease in about 32 days.

There were not many closely comparable homes right in Downsview-Roding-CFB, so I widened the search to the surrounding area.

Based on 77 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 77 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 $2,250/mo
  • Bedrooms +$150/mo
  • Adjusts to $2,400/mo

That comparable adjusts to $2,400/mo; the $2,600/mo estimate above is the median of all 77 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 Pierre Laporte 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
$2,150/moBelow market$3,000/moAbove market

Total price vs nearby homes. Fair value about $2,600/mo, median of 77 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
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Comparable listingsCurrently listed nearby in Downsview-Roding-CFB · asking prices
$2,317avg asking

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

Basement-82 Exbury Road$2,600Upper-279 Cornelius Parkway$2,550Lower-65 Exbury Road$1,800

The 3 closest active listings nearby.

See all comparable homes
3,000This home2,6002,5501,800This home vs active comparables
Live market pulseActive comparables in Downsview-Roding-CFB · median list $2K
27active listings nearby
72days on market
34leased nearby · 90 days
$3Kmedian leased price
98%of asking, on average

71 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

Downsview-Roding-CFB, 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.

Briar Hill-Belgravia
$3K
Willowdale West
$11K
Dovercourt-Wallace Emerson-Junction
$2K
Bayview Village
$3K
Tam O'Shanter-Sullivan
$2K

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 Downsview Public School
70%
Downsview Public SchoolPublic · Elementary · 0.7 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$14/mo
$4KIncome needed
0.7×Price ÷ income
$3Weekly 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 $14Property tax $2Total carry $16

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)
$13per month

Mortgage amount $2,400 · 4.14% over 25 years

$600Down payment (20.0%)
$2,400Loan before insurance
$0CMHC premium
$15Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$13
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$15

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

One-time closing costs

Ontario land transfer tax
$15
Toronto municipal land transfer tax
$15
Estimated closing costs
$30

Plus your down payment of $600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$16/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

$1,442Total interest paid
$3,842Total of all payments
Principal $2,400 Interest $1,442
YearPrincipalInterestBalance
1$56$97$2,344
2$59$95$2,285
3$61$93$2,224
4$64$90$2,161
5$66$87$2,094
6$69$85$2,025
7$72$82$1,953
8$75$79$1,879
9$78$76$1,801
10$81$72$1,719
11$85$69$1,635
12$88$65$1,546
13$92$62$1,454
14$96$58$1,359
15$100$54$1,259
16$104$50$1,155
17$108$45$1,047
18$113$41$934
19$118$36$816
20$122$31$694
21$128$26$566
22$133$21$433
23$138$15$295
24$144$9$150
25$150$3$0

At the end of your 5-year term

Total paid over the term
$768
Principal paid down
$306
Interest paid
$463
Balance remaining
$2,094

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 HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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