Main floor-126 Silverhill Drive, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13575310

$2,950/mo
For Lease
Listed 1 day ago
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3Bedrooms
1Bathrooms
3Parking
1100-1500Sq Ft

About this home

Bright and spacious renovated 3 bedroom main floor unit in a bungalow featuring hardwood floors throughout, a full bathroom with marble shower surround, private driveway, and exclusive backyard use. Located in desirable Etobicoke neighborhood just minutes from Kipling station, TTC, go train, Cloverdale Mall, shopping, and dining. Convenient access to hwy 427 and QEW. Schools, parks, and amenities are all nearby. Laundry is available in a common area in the basement of the home. This well maintained home is ideal for families or professionals seeking space and convenience in a residential neighborhood. Tenant is responsible for lawn maintenance and snow removal for driveway, walkway and yard. To respect the basement tenant, no pets are permitted. *For Additional Property Details Click The Brochure Icon Below*

Key facts

Property type
Detached, Bungalow
MLS®
W13575310
Bedrooms
3
Bathrooms
1
Size
1100-1500
Cross streets
Dundas and the East Mall
Parking
3 parking
Driveway
Private
Basement
Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
1
Listing brokerage
ICI SOURCE REAL ASSET SERVICES INC.

Rooms

BedroomMain3.72 × 3.61 m
Bedroom 2Main3.63 × 3.05 m
Bedroom 3Main3.00 × 3.41 m
Moe’s TakeTeam Asgarian · Broker
In line
$3,081/moest. value

Listed at $2,950/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

Based on 6 similar rentals nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, 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, listed at $2,480/mo
  • Bedrooms +$150/mo
  • Adjusts to $2,630/mo

That comparable adjusts to $2,630/mo; the $3,081/mo estimate above is the median of all 6 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are 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.

On location, this is a very walkable address with everyday errands close by. Dundas St West at the East Mall Cres is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2,630/moBelow market$3,161/moAbove market

Total price vs nearby homes. Fair value about $3,081/mo, median of 6 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.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
  • Value driver
  • Lifestyle
  • Worth verifying
Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$2,627avg asking

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

30 Northampton Drive$3,10024 Smithwood Drive$2,480BSMT-102 Paulart Drive$2,300

The 3 closest active listings nearby.

See all comparable homes
2,950This home3,1002,4802,300This home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $2K
6active listings nearby
1days on market

1 days faster than the Toronto average (2 days).

View comparable listings

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

Neighbourhood & location

Islington-City Centre West, 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

85/ 100

Very WalkableA 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Dundas St West at the East Mall Cres, about 136 m away

20+ transit stops7 grocery20+ dining13 parks14 pharmacies

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.

Willowdale West
$4K
Willowdale East
$3K
Wexford-Maryvale
$2K
Bendale
$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 Bloorlea Middle School
70%
Bloorlea Middle SchoolPublic · Elementary · 0.8 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$13/mo
$4KIncome needed
0.7×Price ÷ income
$3Weekly 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 $13Property tax $2Total carry $15

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)
$13per month

Mortgage amount $2,360 · 4.14% over 25 years

$590Down payment (20.0%)
$2,360Loan before insurance
$0CMHC premium
$14Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$13
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14

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

One-time closing costs

Ontario land transfer tax
$15
Toronto municipal land transfer tax
$15
Estimated closing costs
$30

Plus your down payment of $590. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$15/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

$1,418Total interest paid
$3,778Total of all payments
Principal $2,360 Interest $1,418
YearPrincipalInterestBalance
1$55$96$2,305
2$58$94$2,247
3$60$91$2,187
4$63$89$2,125
5$65$86$2,059
6$68$83$1,992
7$71$80$1,921
8$74$77$1,847
9$77$74$1,771
10$80$71$1,691
11$83$68$1,607
12$87$64$1,521
13$90$61$1,430
14$94$57$1,336
15$98$53$1,238
16$102$49$1,136
17$107$45$1,029
18$111$40$918
19$116$36$803
20$120$31$682
21$125$26$557
22$131$20$426
23$136$15$290
24$142$9$148
25$148$3$0

At the end of your 5-year term

Total paid over the term
$756
Principal paid down
$301
Interest paid
$455
Balance remaining
$2,059

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 ICI SOURCE REAL ASSET SERVICES INC.. MLS®/PropTx.

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