Unit D-63 Lockerbie Avenue, Toronto, ON

Humberlea-Pelmo Park W4, Toronto · MLS® W13543972

$1,500/mo
For Lease
Listed 10 days ago
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2Bedrooms
1Bathrooms
6Parking
700-1100Sq Ft

About this home

Welcome to 2-Bedroom Lower Level Apartment in Humberlea-Pelmo Park - Experience comfort and convenience in one of Toronto's most sought-after neighbourhoods. This fully renovated apartment offers a perfect blend of modern living and practical location. Just minutes from highways 401and 400, major shopping centers, top restaurants, entertainment hubs, schools, libraries, and public transit - everything you need is right at your doorstep. This bright unit includes a fully equipped kitchen and a complete 3 pcs bathroom. Immaculately maintained and move-in ready, it also comes with one private driveway parking spot. Located on a peaceful, welcoming street, this unit offers a true community feel with a lovely park nearby, plus a bus stop, community centre, schools, and shopping all within close proximity. Perfect for couples, student roommates, or a small family - this is a great chance to live in a highly desirable area.

Key facts

Property type
Other, Bungalow
MLS®
W13543972
Bedrooms
2
Bathrooms
1
Size
700-1100
Lot
66.92 × 125 ft
Cross streets
Gary Drive & Langside Ave
Parking
6 parking
Driveway
Available, Private
Basement
Apartment, Partial Basement
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
10
Listing brokerage
HOMELIFE FRONTIER REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent leases and give you a straight answer on what it will really take.

The assigned public school is C R Marchant Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

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
Comparable listingsCurrently listed nearby · asking prices
$2,250avg asking

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

Bsmt-17 Crosland Drive$1,900Basemen-36 Corinne Crescent$2,000Main Fl-17 Crosland Drive$2,850

The 3 closest active listings nearby.

See all comparable homes
1,500This home1,9002,0002,850This home vs active comparables
Live market pulseActive comparables in Toronto · median list $3K
89active listings nearby
10days on market

On the market now.

View comparable listings

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

Neighbourhood & location

Humberlea-Pelmo Park W4, 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.

Getting around

0/ 100

Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Mount Pleasant West
$2K
Kensington-Chinatown
$2K
Bay Street Corridor
$3K
Church-Yonge Corridor
$2K
Waterfront Communities C1
$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 Pelmo Park Public School
43%
Pelmo Park Public SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 43% meet the provincial standard
St. John the EvangelistEQAO results not published

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6per month

Mortgage amount $1,200 · 4.14% over 25 years

$300Down payment (20.0%)
$1,200Loan before insurance
$0CMHC premium
$7Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7

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
$15

Plus your down payment of $300. 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

$721Total interest paid
$1,921Total of all payments
Principal $1,200 Interest $721
YearPrincipalInterestBalance
1$28$49$1,172
2$29$48$1,143
3$31$46$1,112
4$32$45$1,080
5$33$44$1,047
6$35$42$1,013
7$36$41$977
8$37$39$939
9$39$38$900
10$41$36$860
11$42$34$817
12$44$33$773
13$46$31$727
14$48$29$679
15$50$27$629
16$52$25$577
17$54$23$523
18$56$20$467
19$59$18$408
20$61$16$347
21$64$13$283
22$66$10$217
23$69$8$147
24$72$5$75
25$75$2$0

At the end of your 5-year term

Total paid over the term
$384
Principal paid down
$153
Interest paid
$231
Balance remaining
$1,047

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 FRONTIER REALTY INC.. MLS®/PropTx.

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