26 Leland Avenue, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W13426188

$4,500/mo
For Lease
Listed 43 days ago
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3Bedrooms
2Bathrooms
2Garage · 6 parking
1100-1500Sq Ft

About this home

SHORT TERM RENTAL ONLY 6 - 10 MONTH RENTAL TERM. Highly sought after Sunnylea Location! Spacious 3 bedroom, 2 bathroom home with a 2 Car Garage and separate entrance to the finished basement. Nearby top rated Schools, Parks, Shops on Bloor St., Public Transit, HWY 427 and Q.E.W.. Downtown in minutes. **EXTRAS** Fridge Stove, Dishwasher, Washer, Dryer, all light fixtures. Grass cutting included in rental rate.

Key facts

Property type
Detached, Bungalow
MLS®
W13426188
Bedrooms
3
Bathrooms
2 (1 half)
Size
1100-1500
Cross streets
Royal York & Leland Ave
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Days on market
43
Listing brokerage
HOMELIFE PARTNERS REALTY CORP.

Rooms

Living RoomMain4.88 × 3.96 m

combined w/dining · picture window

RecreationBasement7.32 × 7.32 m

wet bar · above grade window

Primary BedroomMain4.52 × 3.20 m

hardwood floor · large window

Utility RoomBasement3.40 × 2.31 m
KitchenMain3.61 × 3.35 m

eat-in kitchen · skylight · w/o to patio

FoyerMain3.35 × 1.17 m

tile floor · closet · hardwood floor

WorkshopBasement5.54 × 4.57 m

laundry sink · 2 pc bath · walk-up

Dining RoomMain3.58 × 3.35 m

combined w/living · picture window

Bedroom 3Main4.32 × 2.79 m

hardwood floor · large window

Bedroom 2Main3.43 × 3.35 m

hardwood floor · large window

Moe’s TakeTeam Asgarian · Broker
In line
$4,017/moest. value

Listed at $4,500/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 Stonegate-Queensway lately, landlords have been getting about 100% of asking and homes lease in about 23 days.

Based on 65 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 65 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 $3,400/mo
  • Bathrooms +$100/mo
  • Adjusts to $3,500/mo

That comparable adjusts to $3,500/mo; the $4,017/mo estimate above is the median of all 65 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.

Its public catchment (Etobicoke Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

List price
$3,525/moBelow market$4,567/moAbove market

Total price vs nearby homes. Fair value about $4,017/mo, median of 65 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
Comparable listingsCurrently listed nearby · asking prices
$3,339avg asking

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

110 Gorman Park Road$4,500121 Elvaston Drive$3,995Main-3715 St Clair Avenue$2,8004012 Ellesmere Road$3,000Main-16 Cicerella Crescent$2,400

The 5 closest of 6 active listings nearby.

See all comparable homes
4,500This home4,5003,9952,8003,0002,400This home vs active comparables
Live market pulseActive comparables in Stonegate-Queensway · median list $3K
6active listings nearby
43days on market
69leased nearby · 90 days
$4Kmedian leased price
100%of asking, on average

42 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

Stonegate-Queensway, 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
Bayview Village
$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 Karen Kain School of the Arts
76%
Karen Kain School of the ArtsPublic · Elementary · 1.5 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$21/mo
$5KIncome needed
1.0×Price ÷ income
$5Weekly 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 $21Property tax $3Total carry $23

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)
$19per month

Mortgage amount $3,600 · 4.14% over 25 years

$900Down payment (20.0%)
$3,600Loan before insurance
$0CMHC premium
$22Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$19
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$22

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

One-time closing costs

Ontario land transfer tax
$23
Toronto municipal land transfer tax
$23
Estimated closing costs
$45

Plus your down payment of $900. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$23/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

$2,163Total interest paid
$5,763Total of all payments
Principal $3,600 Interest $2,163
YearPrincipalInterestBalance
1$84$146$3,516
2$88$143$3,428
3$92$139$3,336
4$95$135$3,241
5$99$131$3,142
6$104$127$3,038
7$108$123$2,930
8$112$118$2,818
9$117$113$2,701
10$122$109$2,579
11$127$103$2,452
12$132$98$2,319
13$138$93$2,182
14$144$87$2,038
15$150$81$1,888
16$156$75$1,732
17$162$68$1,570
18$169$61$1,401
19$176$54$1,224
20$184$47$1,040
21$191$39$849
22$199$31$650
23$208$23$442
24$216$14$225
25$225$5$0

At the end of your 5-year term

Total paid over the term
$1,153
Principal paid down
$458
Interest paid
$694
Balance remaining
$3,142

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 PARTNERS REALTY CORP.. MLS®/PropTx.

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