209 Spring Garden Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C12949938

$3,399,990
For Sale
Listed 107 days ago
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5Bedrooms
6Bathrooms
2Garage · 6 parking
3500-5000Sq Ft

About this home

Exceptional architectural design with functional layout, featuring premium materials and meticulous upkeep. Highlights include high and cathedral ceilings, a gourmet kitchen with Sub-Zero and Wolf appliances open to the family room, and a luxurious mahogany library with built-in cabinetry and balcony access. All principal bedrooms offer private ensuites. The primary suite features heated floors and large windows. Spacious, bright, and impeccably maintained throughout, with a finished basement offering high ceilings and heated floors-creating a warm and inviting living environment. Top-Ranked School District: Hollywood PS / Earl Haig SS. Prime location in the heart of North York, within walking distance to Yonge St and Earl Haig SS.

Key facts

Property type
Detached, 2-Storey
MLS®
C12949938
Bedrooms
5 (4 + 1)
Bathrooms
6 (1 half)
Size
3500-5000
Lot
50 × 120 ft
Cross streets
Yonge/Sheppard
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$18,860 / 2025
Days on market
107
Listing brokerage
RE/MAX ULTIMATE ESTATES

Rooms

BreakfastMain2.75 × 2.05 m

stone floor · pot lights · w/o to deck

Dining RoomMain4.81 × 3.65 m

coffered ceiling(s) · indirect lights · pot lights

Bedroom 3Second5.05 × 3.71 m

4 pc ensuite · w/o to balcony · hardwood floor

Bedroom 4Second5.15 × 3.25 m

4 pc ensuite · hardwood floor · w/o to balcony

LibraryIn Between4.95 × 3.91 m

b/i bookcase · w/o to balcony · pot lights

Primary BedroomSecond5.65 × 4.81 m

7 pc ensuite · cathedral ceiling(s) · walk-in closet(s)

Family RoomMain4.95 × 4.05 m

gas fireplace · b/i shelves · hardwood floor

RecreationBasement9.80 × 6.10 m

w/o to yard · pot lights

Bedroom 2Second4.01 × 3.35 m

4 pc ensuite · hardwood floor · pot lights

BedroomBasement4.95 × 4.05 m

porcelain sink · closet

KitchenMain5.15 × 4.15 m

b/i appliances · centre island · granite counters

Moe’s TakeTeam Asgarian · Broker
In line
$3.97Mest. value

Listed at $3,399,990, 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.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.56M, a bit lower.

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 $3.15M
  • Adjusts to $3.15M

That comparable adjusts to $3.15M; the $3.97M estimate above is the median of all 9 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, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$3.15MGreat deal$4.00MOverpriced

Total price vs nearby homes. Fair value about $3.97M, median of 9 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Heated floors: comfort and a premium-finish signal.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Value driver
  • Lifestyle
  • Worth verifying
Comparable listingsCurrently listed nearby in Willowdale East · asking prices
$3.53Mavg asking

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

128 Anndale Drive$3.15M299 Spring Garden Avenue$4.00M164 Norton Avenue$4.39M218A Holmes Avenue$3.25M347 Elmwood Avenue$2.88M

The 5 closest of 8 active listings nearby.

See all comparable homes
3.40MThis home3.15M4.00M4.39M3.25M2.88MThis home vs active comparables
Live market pulseActive comparables in Willowdale East · median list $3.19M
$800this home / sqft
24active listings nearby
107days on market

This home lists 3% below the area average of $828/sqft.

106 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.

Getting around

0/ 100

Car-DependentA 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.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Newtonbrook West
$1.75M
Bedford Park-Nortown
$3.02M
Lawrence Park South
$2.13M
Wexford-Maryvale
$865K
Downsview-Roding-CFB
$1.06M

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
Avondale Elementary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$15,496/mo
$644KIncome needed
5.3×Price ÷ income
$3,576Weekly 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.

91%mortgage
Mortgage $15,496Property tax $1,572Total carry $17,068

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$14,515per month

Mortgage amount $2,719,992 · 4.14% over 25 years

$679,998Down payment (20.0%)
$2,719,992Loan before insurance
$0CMHC premium
$16,087Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,515
Property tax
$1,572
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,087

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

One-time closing costs

Ontario land transfer tax
$71,475
Toronto municipal land transfer tax
$75,475
Estimated closing costs
$146,949

Plus your down payment of $679,998. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$17,630/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

$1,634,474Total interest paid
$4,354,466Total of all payments
Principal $2,719,992 Interest $1,634,474
YearPrincipalInterestBalance
1$63,720$110,459$2,656,272
2$66,385$107,793$2,589,887
3$69,162$105,017$2,520,725
4$72,055$102,124$2,448,669
5$75,069$99,110$2,373,600
6$78,209$95,970$2,295,391
7$81,480$92,698$2,213,911
8$84,889$89,290$2,129,022
9$88,439$85,739$2,040,583
10$92,139$82,040$1,948,444
11$95,993$78,186$1,852,451
12$100,008$74,171$1,752,444
13$104,191$69,988$1,648,252
14$108,549$65,629$1,539,703
15$113,090$61,089$1,426,613
16$117,820$56,359$1,308,793
17$122,748$51,430$1,186,045
18$127,883$46,296$1,058,162
19$133,232$40,947$924,930
20$138,805$35,374$786,126
21$144,611$29,568$641,515
22$150,660$23,519$490,855
23$156,961$17,217$333,894
24$163,527$10,652$170,367
25$170,367$3,812$0

At the end of your 5-year term

Total paid over the term
$870,893
Principal paid down
$346,392
Interest paid
$524,502
Balance remaining
$2,373,600

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$7,350/mo
$88,200Gross annual rent
1.7%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.

2.6%
Gross yield
− Property tax $18,860− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $58,238

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ULTIMATE ESTATES. MLS®/PropTx.

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