83 Norton Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C12940056

$2,099,000
For Sale
Listed 113 days ago
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8Bedrooms
7Bathrooms
2Garage · 8 parking
3000-3500Sq Ft

About this home

**Location--Location--Location**on a Prime Corner & Conveniently located to Yonge St Shopping,Subway and Close to top-ranked schools--Earl Haig SS & Mckee PS**UNIQUE---Spacious Family Home Like a Duplex on 50 x 120Ft South Exposure Land, in Highly Desirable Willowdale East, Perfect for Investors and Family-End Users Seeking to Move-In & Rent-Out Combined Together. This home offers a spacious third-floor loft, ideal for multi-generational living or duplex-style potential income.

Key facts

Property type
Detached, 2-Storey
MLS®
C12940056
Bedrooms
8 (5 + 3)
Bathrooms
7 (1 half)
Size
3000-3500
Lot
50 × 129.29 ft
Cross streets
E.Yonge St/Kenneth Ave/N.Empress Ave
Parking
2 garage · 8 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Other
Roof
Other
Sewer
Sewer
Property tax
$12,800 / 2025
Days on market
113
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

DenMain5.00 × 4.10 m

skylight · tile floor

Bedroom 4Second0.00 × 0.00 m

Hardwood Floor

BedroomBasement0.00 × 0.00 m

Laminate

Dining RoomMain0.00 × 0.00 m

hardwood floor · coffered ceiling(s) · window

Bedroom 2Second4.56 × 3.17 m

4 pc ensuite · hardwood floor · closet

RecreationBasement0.00 × 0.00 m

laminate · w/o to yard

BedroomBasement0.00 × 0.00 m

Laminate

BreakfastMain5.00 × 3.00 m

combined w/kitchen · pot lights · w/o to deck

Bedroom 3Second3.70 × 3.70 m

3 pc ensuite · hardwood floor

Primary BedroomSecond6.00 × 4.10 m

5 pc ensuite · hardwood floor · closet

Living RoomMain8.80 × 5.53 m

hardwood floor · pot lights

KitchenMain6.01 × 3.08 m

b/i appliances · tile floor · window

Moe’s TakeTeam Asgarian · Broker
In line
$2.26Mest. value

Listed at $2,099,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

In Willowdale East lately, sellers have been getting about 92% of asking and homes sell in about 46 days. Prices are up 14% versus a year ago.

Based on 38 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 38 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.13M, a close match. 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, sold for $2.08M
  • Bedrooms +$60K
  • Bathrooms +$60K
  • Adjusts to $2.19M

That comparable adjusts to $2.19M; the $2.26M estimate above is the median of all 38 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

On schools, this address is zoned for Earl Haig Secondary 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.

List price
$1.98MGreat deal$2.78MOverpriced

Total price vs nearby homes. Fair value about $2.26M, median of 38 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in Willowdale East · asking prices
$3.08Mavg asking

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

261 Mckee Avenue$2.48M330 Hillcrest Avenue$3.00M170 Spring Garden Avenue$3.70M300 Parkview Avenue$2.74M188 Alfred Avenue$3.50M

The 5 closest of 6 active listings nearby.

See all comparable homes
2.10MThis home2.48M3.00M3.70M2.74M3.50MThis home vs active comparables
Live market pulseActive comparables in Willowdale East · median list $3.00M
$646this home / sqft
6active listings nearby
113days on market
12sold nearby · 90 days
$2.57Mmedian sold price
92%of asking, on average
+14%vs a year ago

This home lists 10% below the area average of $717/sqft.

112 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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.

Bedford Park-Nortown
$2.28M
L'Amoreaux
$1.54M
Leaside
$1.73M
Danforth Village-East York
$1000K
Birchcliffe-Cliffside
$1.91M

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 McKee Public School
86%
McKee Public SchoolPublic · Elementary · 0.2 km awayHigher-rated than most nearby · 86% meet the provincial standard

Affordability & Mortgage

Affordability
$9,567/mo
$402KIncome needed
5.2×Price ÷ income
$2,208Weekly 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.

90%mortgage
Mortgage $9,567Property tax $1,067Total carry $10,633

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.

4.14%
%
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)
$8,961per month

Mortgage amount $1,679,200 · 4.14% over 25 years

$419,800Down payment (20.0%)
$1,679,200Loan before insurance
$0CMHC premium
$10,028Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,961
Property tax
$1,067
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,028

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

One-time closing costs

Ontario land transfer tax
$38,950
Toronto municipal land transfer tax
$38,950
Estimated closing costs
$77,900

Plus your down payment of $419,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,884/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

$1,009,050Total interest paid
$2,688,250Total of all payments
Principal $1,679,200 Interest $1,009,050
YearPrincipalInterestBalance
1$39,338$68,192$1,639,862
2$40,983$66,547$1,598,879
3$42,698$64,832$1,556,181
4$44,484$63,046$1,511,698
5$46,344$61,186$1,465,353
6$48,283$59,247$1,417,071
7$50,302$57,228$1,366,768
8$52,406$55,124$1,314,362
9$54,598$52,932$1,259,764
10$56,882$50,648$1,202,881
11$59,262$48,268$1,143,620
12$61,740$45,790$1,081,879
13$64,323$43,207$1,017,556
14$67,013$40,517$950,543
15$69,816$37,714$880,727
16$72,737$34,793$807,990
17$75,779$31,751$732,211
18$78,949$28,581$653,262
19$82,251$25,279$571,010
20$85,692$21,838$485,318
21$89,276$18,254$396,042
22$93,010$14,520$303,032
23$96,901$10,629$206,131
24$100,954$6,576$105,177
25$105,177$2,353$0

At the end of your 5-year term

Total paid over the term
$537,650
Principal paid down
$213,847
Interest paid
$323,804
Balance remaining
$1,465,353

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
Estimate$6,300/mo
$75,600Gross annual rent
2.5%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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

Talk about the numbers

Estimates 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.

3.6%
Gross yield
− Property tax $12,800− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $53,084

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.

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