6 Ray Avenue, Toronto, ON

Weston-Pellam Park, Toronto · MLS® W13579050

$2,400/mo
For Lease
Just listed today
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2Bedrooms
2Bathrooms
1Garage · 2 parking
700-1100Sq Ft

About this home

Available Immediately - ALL INCLUSIVE Fully Furnished 2-Bedroom, 2-Bathroom Lease. Move right in to this fully furnished 2-bedroom, 2-bathroom home offering comfortable, move-in-ready living. The main floor features a bright living room, functional kitchen, laundry room, spacious primary bedroom, and a 3-piece bathroom. Step outside to enjoy a private deck, fully fenced backyard, and the convenience of an attached garage. The finished basement includes a second bedroom with a king-sized bed, an additional 3-piece bathroom, and extra living space, making it ideal for guests, roommates , or a home office. Located in Toronto's growing Mount Dennis neighbourhood , this home offers excellent access to the Mount Dennis transit hub with GO Transit, UP Express, TTC and Line 5 Eglington, making commuting throughout the GTA easy. Enjoy nearby parks, walking trails, local shops, restaurants, and everyday amenities, with quick access to highway 401 and black creek drive. A great opportunity for professionals, couples, or anyone looking for a fully furnished home in a convenient west Toronto location.

Key facts

Property type
Townhouse, 2-Storey
MLS®
W13579050
Bedrooms
2
Bathrooms
2
Size
700-1100
Cross streets
Weston/Eglington
Parking
1 garage · 2 parking (detached)
Driveway
Available
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Stone
Roof
Asphalt Shingle
Sewer
Sewer
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

Rooms

KitchenMain3.00 × 3.00 m
LaundryMain2.32 × 1.93 m
Primary BedroomMain3.16 × 3.07 m
BathroomMain2.00 × 1.85 m
Bedroom 2Basement5.54 × 4.23 m
BathroomBasement2.05 × 1.80 m
Living RoomMain4.34 × 3.49 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,800/moest. value

Listed at $2,400/mo, this rental is about 14% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Weston-Pellam Park, so I widened the search to the surrounding area.

Based on 5 similar rentals nearby, adjusted for size, beds, and baths.Median of 5 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 $2,495/mo
  • Bedrooms +$150/mo
  • Bathrooms +$100/mo
  • Adjusts to $2,745/mo

That comparable adjusts to $2,745/mo; the $2,800/mo estimate above is the median of all 5 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.

The assigned public school is Bala Avenue Community 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 very walkable address with everyday errands close by. Ray Ave at Bartonville Ave East is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2,400/moBelow market$3,250/moAbove market

Total price vs nearby homes. Fair value about $2,800/mo, median of 5 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$3,033avg asking

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

Bsmt-17 Henry Street$2,4501-97 Trinity Street$2,700Laneway-598 Crawford Street$3,950

The 3 closest active listings nearby.

See all comparable homes
2,400This home2,4502,7003,950This home vs active comparables
Live market pulseActive comparables in Toronto · median list $3K
59active listings nearby
View comparable listings

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

Neighbourhood & location

Weston-Pellam Park, 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

82/ 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: Ray Ave at Bartonville Ave East, about 54 m away

20+ transit stops5 grocery20+ dining20+ parks15 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.

Dovercourt-Wallace Emerson-Junction
$4K
Downsview-Roding-CFB
$4K
Englemount-Lawrence
$4K
Annex
$5K
Kensington-Chinatown
$4K

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 Bala Avenue Community School
51%
Bala Avenue Community SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 51% meet the provincial standard
York Humber High SchoolEQAO results not published

Affordability & Mortgage

Affordability
$11/mo
$4KIncome needed
0.6×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 $11Property tax $2Total carry $12

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10per month

Mortgage amount $1,920 · 4.14% over 25 years

$480Down payment (20.0%)
$1,920Loan before insurance
$0CMHC premium
$12Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12

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

One-time closing costs

Ontario land transfer tax
$12
Toronto municipal land transfer tax
$12
Estimated closing costs
$24

Plus your down payment of $480. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12/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

$1,154Total interest paid
$3,074Total of all payments
Principal $1,920 Interest $1,154
YearPrincipalInterestBalance
1$45$78$1,875
2$47$76$1,828
3$49$74$1,779
4$51$72$1,728
5$53$70$1,675
6$55$68$1,620
7$58$65$1,563
8$60$63$1,503
9$62$61$1,440
10$65$58$1,375
11$68$55$1,308
12$71$52$1,237
13$74$49$1,163
14$77$46$1,087
15$80$43$1,007
16$83$40$924
17$87$36$837
18$90$33$747
19$94$29$653
20$98$25$555
21$102$21$453
22$106$17$346
23$111$12$236
24$115$8$120
25$120$3$0

At the end of your 5-year term

Total paid over the term
$615
Principal paid down
$245
Interest paid
$370
Balance remaining
$1,675

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 REAL ESTATE CENTRE INC.. MLS®/PropTx.

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