338 Mckee Avenue, Toronto, ON
Willowdale East, Toronto · MLS® C12961984
About this home
Welcome To 338 McKee Avenue, An Exceptional Custom-Built Residence Nestled On One Of Willowdale Easts Most Picturesque Tree-Lined Streets. This Grand 5,800+ Sq Ft Home (Above And Below Grade) Combines Timeless Craftsmanship With Expansive Living Spaces Designed For Elegant Entertaining And Everyday Comfort. From The Moment You Arrive, The Interlock Drive And Towering Willow Trees Create A Private, Estate-Like Setting. Inside, A Dramatic Open-To-Above Foyer And Sculptural Curved Staircase Set The Tone. The Main Floor Boasts Formal And Informal Living Areas, A Home Office, And A Chef-Inspired Kitchen With Granite Counters, Double Islands, Built-In Wine Fridge, And Premium Appliances All Flooded With Natural Light From Multiple Skylights And Sun-Filled Exposures Throughout. The Formal Living Room Showcases Soaring 20-Foot Ceilings And A Breathtaking Window Wall That Elevates The Space. Throughout The Home, Enjoy Elevated Ceiling Heights On All Levels, Enhancing Volume, Air Flow, And Architectural Impact. Upstairs, Discover Spacious Bedrooms, Sleek Modern Baths, And A Palatial Primary Suite Complete With A Private Gas Fireplace, Sitting Area, Walk-In Closet, And A Spa-Inspired Ensuite Featuring Double Vanities, A Soaker Tub, Glass Shower, And Heated Floors For Year-Round Comfort. The Fully Finished Lower Level Offers A Wet Bar, Gym/Yoga Space, Guest Suite, Private Sauna, And A Large Rec Room With Direct Walk-Up Access To The Backyard. Step Outside To A Professionally Landscaped Sanctuary With Stone Walkways, Lush Greenery, A Tranquil Koi Pond, Gas BBQ Line, And Deck With Built-In Firepit Seating Ideal For Hosting Or Simply Unwinding In Peaceful Seclusion. Located In The Coveted McKee PS And Earl Haig SS Catchments. Steps To Bayview Village, Transit, Schools, And Parks.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C12961984
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 5 (1 half)
- Size
- 3500-5000
- Lot
- 57.65 × 171 ft
- Cross streets
- Bayview and Mckee
- Parking
- 2 garage · 6 parking (attached)
- Basement
- Finished with Walk-Out, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Veneer
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $16,371 / 2025
- Days on market
- 102
- Listing brokerage
- CENTURY 21 KING`S QUAY REAL ESTATE INC.
Rooms
broadloom · closet
hardwood floor · large window
large closet · large window
marble counter · breakfast area · stainless steel appl
hardwood floor · bay window · fireplace
hardwood floor · window · semi ensuite
circular oak stairs · marble floor · skylight
hardwood floor · 4 pc ensuite · large closet
hardwood floor · combined w/solarium · overlooks backyard
skylight · walk-in closet(s) · 5 pc ensuite
hardwood floor · large window · open concept
Large Closet
w/o to deck · fireplace
Listed at $2,399,000, this home is about 27% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.86M, 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 $2.74M
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $2.69M
That comparable adjusts to $2.69M; the $3.28M estimate above is the median of all 13 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.
Its public catchment (Earl Haig Secondary School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Bayview Ave at McKee Ave is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $3.28M, median of 13 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.
- Heated floors: comfort and a premium-finish signal.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Lifestyle
- Worth verifying
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 32% below the area average of $824/sqft.
101 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
Somewhat 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.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: Bayview Ave at McKee Ave, about 81 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 $1,919,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,242
- Property tax
- $1,364
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,606
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $46,450
- Toronto municipal land transfer tax
- $46,450
- Estimated closing costs
- $92,900
Plus your down payment of $479,800. 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
- $614,494
- Principal paid down
- $244,411
- Interest paid
- $370,083
- Balance remaining
- $1,674,789
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
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 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 CENTURY 21 KING`S QUAY REAL ESTATE INC.. MLS®/PropTx.