For Lease
Just Listed
5 Watson Street Basement #Basement
Highland Creek, Toronto, ON
$1,500
2Bd
1Ba
900+sqft
1Parking
$2/sqft
DetachedMLS# E13885052Listed 2026-10-100 DOM
Cooling
Central Air
Just listed! New listings in Toronto often receive offers within the first week.
About this home
Spacious 2-Bedroom Basement for Lease in Highland Creek - Close to UTSC! Located in the desirable Highland Creek neighbourhood, this spacious 2-bedroom basement unit is ideal for students and working professionals seeking comfort and convenience. The unit features a separate entrance, full kitchen, 3-piece bathroom, living area, and laundry access. Conveniently situated within walking distance of the University of Toronto Scarborough (UTSC), with easy access to public transit, shopping plazas, libraries, parks, schools, hospitals, Centennial College, and Scarborough Town Centre. Quick access to Highway 401 makes commuting simple. Additional Details: Tenant responsible for all utilities and tenant insurance. No smoking permitted. Upper-level unit also available for lease, offering 3 bedrooms and 1 bathroom. An excellent opportunity to enjoy practical, comfortable living in a well-connected Scarborough community!
Rooms
Main Floor
| Living Room | 4677.15 × 3.70 m | Laminate |
| Dining Room | 3.39 × 3.10 m | Laminate |
| Kitchen | 3.39 × 3.10 m | Laminate |
| Primary Bedroom | 3.90 × 3.49 m | Laminate |
| Bedroom 2 | 3.70 × 3.59 m | Laminate |
| Bedroom 3 | 3.67 × 3.36 m | Laminate |
Basement
| Kitchen | 2.13 × 3.35 m | Tile Floor |
| Living Room | 4.70 × 2.74 m | Laminate |
| Bedroom | 3.17 × 2.94 m | Laminate |
| Bedroom | 3.18 × 2.97 m | Laminate |
Features
- Carpet Free
- Separate Entrance
- Central Air
- Bungalow
Financials
Estimated Rental Income
Entire property$2,600 – $3,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield2080.0% – 3040.0%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Toronto
Days on market0 days
Buyer's MarketSeller's Market
Based on active listings in Toronto. Data updates daily.
Demographics — Toronto
Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil
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Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
78
/ 100
Walk Score
Very Walkable
60
/ 100
Transit Score
Good Transit
60
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.