22 Esmond Crescent, Toronto, ON

Elms-Old Rexdale, Toronto · MLS® W13584298

$3,850/mo
For Lease
Listed 2 days ago
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3Bedrooms
3Bathrooms
1Garage · 3 parking
2000-2500Sq Ft

About this home

Stunning brand-new home featuring 3 spacious bedrooms plus a large finished attic room, perfect for a home office or extra living space. Enjoy premium finishes throughout, including engineered hardwood floors, a custom kitchen with a waterfall island, stainless steel appliances, custom closets, solid wood vanities, LED mirrors, and a brand-new 85-inch TV. Conveniently located just 4 minutes from Highway 401 and close to Costco, Walmart, schools, parks, shopping, and all major amenities. Move-in ready with luxury finishes throughout-don't miss this must-see home! Basement is rented seperately.

Key facts

Property type
Detached, 2 1/2 Storey
MLS®
W13584298
Bedrooms
3
Bathrooms
3 (1 half)
Size
2000-2500
Lot
48.5 × 103 ft
Cross streets
Hadrian Dr / Esmond Cres
Parking
1 garage · 3 parking (attached)
Driveway
Available
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Insulated Concrete Form
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
2
Listing brokerage
CENTURY 21 PEOPLE`S CHOICE REALTY INC.

Rooms

Bedroom 3Second0.00 × 0.00 m
Bedroom 4Third0.00 × 0.00 m
Living RoomMain0.00 × 0.00 m
Primary BedroomSecond0.00 × 0.00 m
Dining RoomMain0.00 × 0.00 m
KitchenMain0.00 × 0.00 m
Bedroom 2Second0.00 × 0.00 m
Moe’s TakeTeam Asgarian · Broker
In line
$4,136/moest. value

Listed at $3,850/mo, this rental is within the range of comparable rentals, on the lower side. The number above is my independent estimate of value, not the asking price.

In Elms-Old Rexdale lately, landlords have been getting about 98% of asking and homes lease in about 39 days. Rents are down 12% versus a year ago.

There were not many closely comparable homes right in Elms-Old Rexdale, so I widened the search to the surrounding area.

Based on 14 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 14 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $5,000/mo
  • Bedrooms −$150/mo
  • Bathrooms −$100/mo
  • Adjusts to $4,750/mo

That comparable adjusts to $4,750/mo; the $4,136/mo estimate above is the median of all 14 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 The Elms Junior Middle 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
$2,886/moBelow market$4,436/moAbove market

Total price vs nearby homes. Fair value about $4,136/mo, median of 14 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby · asking prices
$3,659avg asking

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

Unit 2-30 Amesbury Drive$3,99535 Shippigan Crescent$4,000Main-33 Sumner Heights Drive$3,50043 Snowy Owl Way$3,500Upper-80 Alamosa Drive$3,300

The 5 closest of 8 active listings nearby.

See all comparable homes
3,850This home3,9954,0003,5003,5003,300This home vs active comparables
Live market pulseActive comparables in Toronto · median list $4K
33active listings nearby
2days on market
25leased nearby · 90 days
$3Kmedian leased price
98%of asking, on average
12%vs a year ago

1 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

Elms-Old Rexdale, 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.

Downsview-Roding-CFB
$3K
Briar Hill-Belgravia
$3K
Dovercourt-Wallace Emerson-Junction
$2K
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 Elmlea Junior School
46%
Elmlea Junior SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 46% meet the provincial standard

Affordability & Mortgage

Affordability
$18/mo
$4KIncome 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 $20

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)
$16per month

Mortgage amount $3,080 · 4.14% over 25 years

$770Down payment (20.0%)
$3,080Loan before insurance
$0CMHC premium
$19Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$19

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

One-time closing costs

Ontario land transfer tax
$19
Toronto municipal land transfer tax
$19
Estimated closing costs
$39

Plus your down payment of $770. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$20/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

$1,851Total interest paid
$4,931Total of all payments
Principal $3,080 Interest $1,851
YearPrincipalInterestBalance
1$72$125$3,008
2$75$122$2,933
3$78$119$2,854
4$82$116$2,773
5$85$112$2,688
6$89$109$2,599
7$92$105$2,507
8$96$101$2,411
9$100$97$2,311
10$104$93$2,206
11$109$89$2,098
12$113$84$1,984
13$118$79$1,866
14$123$74$1,743
15$128$69$1,615
16$133$64$1,482
17$139$58$1,343
18$145$52$1,198
19$151$46$1,047
20$157$40$890
21$164$33$726
22$171$27$556
23$178$19$378
24$185$12$193
25$193$4$0

At the end of your 5-year term

Total paid over the term
$986
Principal paid down
$392
Interest paid
$594
Balance remaining
$2,688

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 CENTURY 21 PEOPLE`S CHOICE REALTY INC.. MLS®/PropTx.

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