242 Parkview Avenue, Toronto, ON
Willowdale East, Toronto · MLS® C12573944
About this home
-- Elegant Custom Luxury in The Prestigious Willowdale Area, Rarely lived in and immaculately cared for, Brand New Roof & Skylights this home feels Brand New -- Welcome to this spectacular, custom-built masterpiece set on an impressive 50x152 ft. lot in one of Willowdale's most desirable locations. Showcasing timeless architecture with a stately stone and brick facade, this home offers an extraordinary blend of classic elegance and modern luxury. Step inside to soaring ceilings across all levels, detailed millwork, and stunning finishes throughout. The Open-Concept layout features a grand living and dining area, a spacious family room with built-ins, and a sun-filled breakfast nook. The Chefs Kitchen is a true showstopper complete with custom cabinetry, Brand New high-end built-in KitchenAid appliances, and an oversized island. The main floor office is refined with custom wall paneling and built-ins, perfect for work-from-home days. Retreat upstairs to a lavish Master suite with a spa-like 7-piece Ensuite and walk-in closet. Each additional bedroom is generously sized and features its own Ensuite bath. The fully finished lower level is ideal for entertaining, offering a large rec room with built-ins, a pantry, and a gym area. Additional Highlights Include: - 4 gas fireplaces, - Central vacuum , -Water softener & purifier-Coffered ceilings, - LED Pot Lights & elegant chandeliers, Fresh paint & meticulously maintained interior, Limestone & newer hardwood floors Expansive sundeck, flagstone porch, and beautifully landscaped grounds.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C12573944
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 7 (2 half)
- Size
- 3500-5000
- Lot
- 50 × 152 ft
- Cross streets
- Bayview / Sheppard
- Parking
- 2 garage · 7 parking (attached)
- Driveway
- Private Double
- Basement
- Finished, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $18,404 / 2024
- Days on market
- 235
- Listing brokerage
- RE/MAX ATRIUM HOME REALTY
Rooms
combined w/family · w/o to deck · bay window
7 pc ensuite · gas fireplace · pot lights
granite counters · pot lights · stainless steel appl
3 pc ensuite · hardwood floor · south view
4 pc ensuite · closet · limestone flooring
4 pc ensuite · hardwood floor · closet
4 pc ensuite · double closet · hardwood floor
hardwood floor · pot lights · crown moulding
gas fireplace · b/i shelves · hardwood floor
gas fireplace · hardwood floor · pot lights
walk-up · gas fireplace · pot lights
panelled · coffered ceiling(s) · pot lights
Listed at $3,378,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.20M, a close match.
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 $2.90M
- Adjusts to $2.90M
That comparable adjusts to $2.90M; the $3.40M estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On schools, this address is zoned for Hollywood Public School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Willowdale Ave at Parkview Ave North Side is about a 4-minute walk away.
Total price vs nearby homes. Fair value about $3.40M, 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.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Primary suite: a key comfort and resale feature.
- Value driver
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 3% below the area average of $820/sqft.
234 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Willowdale East, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Willowdale Ave at Parkview Ave North Side, about 292 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $2,702,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $14,421
- Property tax
- $1,534
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $15,955
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $70,925
- Toronto municipal land transfer tax
- $74,705
- Estimated closing costs
- $145,630
Plus your down payment of $675,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $865,261
- Principal paid down
- $344,151
- Interest paid
- $521,109
- Balance remaining
- $2,358,249
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.
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.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ATRIUM HOME REALTY. MLS®/PropTx.