2002-3049 Finch Avenue, Toronto, ON

Humbermede, Toronto · MLS® W13138574

$3,990/mo
For Lease
Listed 67 days ago
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4Bedrooms
3Bathrooms
2Garage
1200-1399Sq Ft

About this home

Location Location Location. Bright and spacious 4-bedroom, 3-washroom home featuring a functional layout, modern laminate flooring and an abundance of natural sunlight throughout. Includes the rare advantage of two underground parking spaces, offering exceptional convenience and value. Unbeatable location-LRT right at your doorstep, providing direct connectivity to downtown, with immediate access to major highways. Surrounded by top amenities including shopping centers, malls, hospitals, places of worship, and everyday essentials-everything you need is within your foot steps. This is a must-see property and a rare opportunity to secure space, location, and long-term value in today's market. Act fast-opportunities like this don't last Long.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
W13138574
Bedrooms
4
Bathrooms
3 (1 half)
Size
1200-1399
Lot
1960
Cross streets
Finch /Islington
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Exposure
East
Days on market
67
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

Bedroom 3Second3.96 × 2.44 m
BedroomSecond4.37 × 3.35 m

Balcony

Bedroom 2Second4.37 × 2.14 m
KitchenMain3.35 × 2.75 m

B/I Appliances

Bedroom 4Second3.05 × 2.75 m
Living RoomMain5.80 × 3.05 m

2 pc bath · balcony · b/i appliances

Moe’s TakeTeam Asgarian · Broker
Above comparables
$3,150/moest. value

Listed at $3,990/mo, this rental is about 27% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In Humbermede lately, landlords have been getting about 111% of asking and homes lease in about 35 days.

There were not many closely comparable homes right in Humbermede, 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 $3,000/mo
  • Bedrooms +$150/mo
  • Adjusts to $3,150/mo

That comparable adjusts to $3,150/mo; the $3,150/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 Humber Summit 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
$3,045/moBelow market$3,990/moAbove market

Total price vs nearby homes. Fair value about $3,150/mo, median of 11 comparables.

Comparable listingsCurrently listed nearby · asking prices
$3,740avg asking

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

99-117A The Queensway$4,0001-15 Valhalla Inn$4,10040-23 Valhalla Inn Road$3,500Th69-315 Village Green Square$3,5007 Ursa Star Way$3,600

The 5 closest active listings nearby.

See all comparable homes
3,990This home4,0004,1003,5003,5003,600This home vs active comparables
Live market pulseActive comparables in Toronto · median list $3K
63active listings nearby
67days on market
3leased nearby · 90 days
$3Kmedian leased price
111%of asking, on average

60 days longer than the Toronto average (7 days).

View comparable listings

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

Neighbourhood & location

Humbermede, 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
$4K
Newtonbrook West
$4K
Willowdale East
$4K
Mount Pleasant West
$3K
High Park-Swansea
$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 Daystrom Public School
54%
Daystrom Public SchoolPublic · Elementary · 1.3 km awayBelow the GTA average · 54% meet the provincial standard

Affordability & Mortgage

Affordability
$18/mo
$5KIncome needed
0.9×Price ÷ income
$4Weekly 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 $18Property tax $2Total carry $21

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)
$17per month

Mortgage amount $3,192 · 4.14% over 25 years

$798Down payment (20.0%)
$3,192Loan before insurance
$0CMHC premium
$20Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$20

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

One-time closing costs

Ontario land transfer tax
$20
Toronto municipal land transfer tax
$20
Estimated closing costs
$40

Plus your down payment of $798. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$21/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

$1,918Total interest paid
$5,110Total of all payments
Principal $3,192 Interest $1,918
YearPrincipalInterestBalance
1$75$130$3,117
2$78$126$3,039
3$81$123$2,958
4$85$120$2,874
5$88$116$2,785
6$92$113$2,694
7$96$109$2,598
8$100$105$2,498
9$104$101$2,395
10$108$96$2,287
11$113$92$2,174
12$117$87$2,057
13$122$82$1,934
14$127$77$1,807
15$133$72$1,674
16$138$66$1,536
17$144$60$1,392
18$150$54$1,242
19$156$48$1,085
20$163$42$923
21$170$35$753
22$177$28$576
23$184$20$392
24$192$13$200
25$200$4$0

At the end of your 5-year term

Total paid over the term
$1,022
Principal paid down
$407
Interest paid
$616
Balance remaining
$2,785

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/MIRACLE REALTY LTD. MLS®/PropTx.

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