132 Twenty Second Street, Toronto, ON

Mimico, Toronto · MLS® W13476996

$3,995/mo
For Lease
Listed 30 days ago
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4Bedrooms
2Bathrooms
1Garage
1100-1500Sq Ft

About this home

Fully Furnished, move-in ready Renovated Detached Home. This Rental Is for The Full House 3 storey Including Bsmt. Sun-Filled 4 Bedroom House In A Quiet Neighborhood With Strong Sense Of Community. front porch with private driveway. fully fenced-in Backyard With Spacious Deck Walkout From The Kitchen & Living Room. Two Full Bathrooms With Walk-In Shower& Bathtub. New Eat-In Kitchen With L-Shaped Cabinets Providing Ample Storage. close to highway, Go Train, Parks, Shops, Transit, Humber College.

Key facts

Property type
Detached, 2-Storey
MLS®
W13476996
Bedrooms
4
Bathrooms
2
Size
1100-1500
Cross streets
Lakeshore And Kipling
Parking
1 garage (none)
Driveway
Front Yard Parking
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
30
Listing brokerage
RE/MAX WEST REALTY INC.
Moe’s TakeTeam Asgarian · Broker
In line
$3,891/moest. value

Listed at $3,995/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

In Mimico lately, landlords have been getting about 99% of asking and homes lease in about 26 days.

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

Based on 76 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 76 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 $3,500/mo
  • Bedrooms +$150/mo
  • Adjusts to $3,650/mo

That comparable adjusts to $3,650/mo; the $3,891/mo estimate above is the median of all 76 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 Twentieth Street Junior 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
$3,641/moBelow market$4,241/moAbove market

Total price vs nearby homes. Fair value about $3,891/mo, median of 76 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
Comparable listingsCurrently listed nearby in Mimico · asking prices
$3,800avg asking

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

2680 Lake Shore Boulevard$4,25043 Heman Street$3,350Upper floor-49 Algoma Street$3,800

The 3 closest active listings nearby.

See all comparable homes
3,995This home4,2503,3503,800This home vs active comparables
Live market pulseActive comparables in Mimico · median list $4K
5active listings nearby
30days on market
26leased nearby · 90 days
$4Kmedian leased price
99%of asking, on average

29 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

Mimico, 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 Twentieth Street Junior School
70%
Twentieth Street Junior SchoolPublic · Elementary · 0.5 km awayAround the GTA average · 70% 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 $3,196 · 4.14% over 25 years

$799Down payment (20.0%)
$3,196Loan 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 $799. 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

$1,921Total interest paid
$5,117Total of all payments
Principal $3,196 Interest $1,921
YearPrincipalInterestBalance
1$75$130$3,121
2$78$127$3,043
3$81$123$2,962
4$85$120$2,877
5$88$116$2,789
6$92$113$2,697
7$96$109$2,601
8$100$105$2,502
9$104$101$2,398
10$108$96$2,289
11$113$92$2,177
12$118$87$2,059
13$122$82$1,937
14$128$77$1,809
15$133$72$1,676
16$138$66$1,538
17$144$60$1,394
18$150$54$1,243
19$157$48$1,087
20$163$42$924
21$170$35$754
22$177$28$577
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
$1,023
Principal paid down
$407
Interest paid
$616
Balance remaining
$2,789

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 WEST REALTY INC.. MLS®/PropTx.

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