Lower#2-57 Westdale Drive, Toronto, ON

Downsview-Roding-CFB, Toronto · MLS® W13127274

$1,595/mo
For Lease
Listed 69 days ago
Request a showing
◎ Directions
2Bedrooms
1Bathrooms
1Parking
700Sq Ft

About this home

This 2Bdrm, 1Bath, Basement Level Apartment In A Detached Bungalow In Beautiful Neighbourhood Near Dufferin And Wilson, Just North Of The 401, This Unit Is Minutes From Hwys, Yorkdale Shopping Mall, Grocery Stores, Coffee Shops, Etc. The Basement Unit has It's Own Private Entrance, Laundry and Plenty Of Windows Brightening the Space. Main Level Will Be Rented Out To Another Tenant. Laundry Will Be Shared With Other Tenants. There are 2 Apartments In The Lower Level, One Upstairs

Key facts

Property type
Other, Bungalow
MLS®
W13127274
Bedrooms
2
Bathrooms
1
Size
700 sq ft
Cross streets
Dufferin & Wilson
Parking
1 parking
Driveway
Available
Basement
Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Days on market
69
Listing brokerage
RE/MAX URBAN TORONTO TEAM REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,375/moest. value

Listed at $1,595/mo, this rental is about 33% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In Downsview-Roding-CFB lately, landlords have been getting about 99% of asking and homes lease in about 27 days.

Based on 91 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 91 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 $1,600/mo
  • Bedrooms +$150/mo
  • Adjusts to $1,750/mo

That comparable adjusts to $1,750/mo; the $2,375/mo estimate above is the median of all 91 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 Faywood Arts-Based Curriculum 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
$1,595/moBelow market$2,675/moAbove market

Total price vs nearby homes. Fair value about $2,375/mo, median of 91 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.

  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Comparable listingsCurrently listed nearby in Downsview-Roding-CFB · asking prices
$1,717avg asking

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

BSMT-63 Bunnell Crescent$1,800Lower #2-164 Richard Clark Drive$1,250Bsmt-38 Parent Avenue$2,100

The 3 closest active listings nearby.

See all comparable homes
1,595This home1,8001,2502,100This home vs active comparables
Live market pulseActive comparables in Downsview-Roding-CFB · median list $2K
12active listings nearby
69days on market
100leased nearby · 90 days
$2Kmedian 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

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.

Mount Pleasant West
$2K
Kingsway South
$4K
Bay Street Corridor
$2K
Church-Yonge Corridor
$3K
Moss Park
$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 Ancaster Public School
47%
Ancaster Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 47% meet the provincial standard

Affordability & Mortgage

Affordability
$7/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 $7Property tax $1Total carry $8

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)
$7per month

Mortgage amount $1,276 · 4.14% over 25 years

$319Down payment (20.0%)
$1,276Loan 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
$16

Plus your down payment of $319. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8/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

$767Total interest paid
$2,043Total of all payments
Principal $1,276 Interest $767
YearPrincipalInterestBalance
1$30$52$1,246
2$31$51$1,215
3$32$49$1,183
4$34$48$1,149
5$35$46$1,114
6$37$45$1,077
7$38$43$1,039
8$40$42$999
9$41$40$957
10$43$38$914
11$45$37$869
12$47$35$822
13$49$33$773
14$51$31$722
15$53$29$669
16$55$26$614
17$58$24$556
18$60$22$496
19$63$19$434
20$65$17$369
21$68$14$301
22$71$11$230
23$74$8$157
24$77$5$80
25$80$2$0

At the end of your 5-year term

Total paid over the term
$409
Principal paid down
$162
Interest paid
$246
Balance remaining
$1,114

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 URBAN TORONTO TEAM REALTY INC.. MLS®/PropTx.

CallRequest a showing