192 Parkview Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C12903178

$1,998,000
For Sale
Listed 175 days agoNo offer date stated
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3+2Bedrooms
4Bathrooms
2Parking
2000-2500Sq ft

About this home

In short

  • 2-Storey Home With 4+2 Bedroom & 4Washroom In Heart Of Willowdale East On A Desirable 50' X 156' Extra Deep Lot (Pool Ready) In Quiet Parkview Ave.
  • Cathedral Ceiling In Huge Family Room And Master Bedroom.
  • Very High Demand School Area (Earl Haig/Claude Watson Ss, Cummer Valley Ms & Hollywood Ps)! Steps To TTC, Walk To Yonge Subway, Bayview Shopping, Restaurants, YMCA...

2-Storey Home With 4+2 Bedroom & 4Washroom In Heart Of Willowdale East On A Desirable 50' X 156' Extra Deep Lot (Pool Ready) In Quiet Parkview Ave. Cathedral Ceiling In Huge Family Room And Master Bedroom! Finished Basement! Large Deck In Back And Big Veranda In Front! Very High Demand School Area (Earl Haig/Claude Watson Ss, Cummer Valley Ms & Hollywood Ps)! ** Steps To TTC, Walk To Yonge Subway, Bayview Shopping, Restaurants, YMCA, Don Valley East Ravine.*** Permit For Almost 5000 Sqf Approved By Committee Of Adjustment.

Key facts

Property type
Detached, 2-Storey
MLS®
C12903178
Bedrooms
3+2 (5 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
50 × 156 ft
Cross streets
Willowdale Ave & Parkview Ave
Parking
2 parking
Driveway
Front Yard Parking
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,912 / 2025
Days on market
175
Listing brokerage
HOMELIFE/FUTURE REALTY INC.

Rooms

Bedroom 2Second3.58 × 3.40 m

hardwood floor · double closet

Primary BedroomSecond5.96 × 3.32 m

4 pc bath · cathedral ceiling(s)

Dining RoomMain6.06 × 3.80 m

open concept · parquet

Family RoomMain7.61 × 5.81 m

hardwood floor · cathedral ceiling(s)

DenSecond2.27 × 2.25 m

hardwood floor · overlooks backyard

Bedroom 3Second3.60 × 2.90 m

hardwood floor · combined w/br

Living RoomMain6.10 × 3.80 m

walk-out · parquet

KitchenMain5.80 × 2.42 m

hardwood floor · ceiling fan(s)

Bedroom 4Basement3.32 × 4.53 m

3 pc bath · above grade window

Our TakeTeam Asgarian · Broker
In line
$1.95Mest. value

Listed at $1,998,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.95M, typically $1.77M to $2.35M. Comparable closings on their own put this home around $1.85M, which agrees with the ask, so this is a firm read.

Second read, from the city assessment: $1.72M. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.

List price
$1.77MBelow recent closings$2.35MAbove recent closings

Total price vs nearby homes. Fair value about $1.95M, median of 52 comparables.

The market behind the math:

37sold nearby · 90 days
$2.30Mmedian sold price
97%of asking, on average
+2%prices vs a year ago
~37 dayshomes like this take to sell
175days on market so far
$5,278/moest. rent · 47 leases
3.2%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.7 months of inventory: 9 detached homes for sale in the area against 37 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $888/sqft against an area asking average of $919/sqft. Size and $/sqft both feed the estimate above.

  • Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Willowdale East: 32 of the 231 detached leases here lately were basement units, around $2,150 a month. That makes the suite real income, and comparable-sales math under-prices it, so read the estimate as a floor. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
  • Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
How this estimate is builtthe short version

I take the 52 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.72M, a bit lower.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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.

Based on 52 comparable homes that sold in Willowdale East over the past two years, from 214 closings there.

Neighbourhood & location

Willowdale East, 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.

Newtonbrook West
$1.70M
Wexford-Maryvale
$1.10M
Clairlea-Birchmount
$833K
Centennial Scarborough
$1.14M
Birchcliffe-Cliffside
$1.25M

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 Hollywood Public School
96%
Hollywood Public SchoolPublic · Elementary · 0.9 km awayAmong the top in the GTA · 96% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
McKee Public School · Public elementary0.7 km · 86% at standard
Claude Watson School for the Arts · Public elementary1.0 km · 96% at standard
St Gabriel Catholic School · Catholic elementary1.1 km · 70% at standard
St Cyril Catholic School · Catholic elementary1.2 km · 90% at standard
Cardinal Carter ES · Catholic elementary1.2 km
Cardinal Carter Academy for the Arts · Catholic secondary1.2 km · 92% at standard
Finch Public School · Public elementary1.3 km · 72% at standard
Bayview Middle School · Public elementary1.4 km · 80% at standard
Avondale Alternative Elementary School · Public elementary1.6 km · 94% at standard
Avondale Public School · Public elementary1.6 km · 70% at standard
Avondale Secondary Alternative School · Public secondary1.6 km
Elkhorn Public School · Public elementary1.8 km · 85% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$9,106/mo
$379KIncome needed
5.3×Price ÷ income
$2,101Weekly cost
$72,870Land transfer tax, one-time (Ontario + Toronto)
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.

91%mortgage
Mortgage $9,106Property tax $909Total carry $10,016

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,617per month

Mortgage amount $1,598,400 · 4.24% over 25 years

$399,600Down payment (20.0%)
$1,598,400Loan before insurance
$0CMHC premium
$9,526Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,617
Property tax
$909
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,526

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

One-time closing costs

Ontario land transfer tax
$36,435
Toronto municipal land transfer tax
$36,435
Estimated closing costs
$72,870

Plus your down payment of $399,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$10,456/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

$986,746Total interest paid
$2,585,146Total of all payments
Principal $1,598,400 Interest $986,746
YearPrincipalInterestBalance
1$36,931$66,475$1,561,469
2$38,513$64,893$1,522,956
3$40,163$63,242$1,482,793
4$41,884$61,521$1,440,908
5$43,679$59,727$1,397,229
6$45,551$57,855$1,351,678
7$47,503$55,903$1,304,176
8$49,538$53,868$1,254,637
9$51,661$51,745$1,202,977
10$53,874$49,531$1,149,102
11$56,183$47,223$1,092,919
12$58,590$44,816$1,034,329
13$61,101$42,305$973,228
14$63,719$39,687$909,509
15$66,449$36,957$843,060
16$69,297$34,109$773,763
17$72,266$31,140$701,497
18$75,363$28,043$626,135
19$78,592$24,814$547,543
20$81,959$21,446$465,584
21$85,471$17,935$380,112
22$89,134$14,272$290,979
23$92,953$10,453$198,026
24$96,936$6,470$101,090
25$101,090$2,316$0

At the end of your 5-year term

Total paid over the term
$517,029
Principal paid down
$201,171
Interest paid
$315,858
Balance remaining
$1,397,229

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.

Investor snapshot

Rental yield
From 47 whole-home leases in Willowdale East$5,278/mo
$63,336Gross annual rent
2.2%Cap rate after taxes and upkeep
$4,639 to $5,930Typical rent range
~20 daysTo find a tenant, on average

The suite is real income here: basements rent in Willowdale East (32 of 231 recent detached leases were basement units, around $2,150 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,150 a month on top of the upper floors. Permitted use is worth confirming with the city.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 47 whole-home leases in Willowdale East signed at a median of $5,733 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,278. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.2%
Gross yield
− Property tax $10,912− Insurance $1,400− Vacancy & upkeep $6,967Net operating income $44,057

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/FUTURE REALTY INC.. MLS®/PropTx.

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