1716-28 Sommerset Way, Toronto, ON

Willowdale East, Toronto · MLS® C13028436

$789,900
For Sale
Listed 86 days ago
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5Bedrooms
3Bathrooms
1Garage
1400-1599Sq Ft

About this home

Rarely offered 3-storey townhouse in a quiet cul-de-sac, just steps to Yonge & Finch, TTC, subway, parks, shopping, and all urban conveniences. Located in a highly sought-after school district including Earl Haig Secondary School and McKee Public School.Move-in ready and meticulously maintained, this bright and spacious home features hardwood floors, and an open-concept layout with large windows and walk-out to balcony. Freshly painted, 3rd floor with additional bedroom, walk-in closet, skylight, and sitting area. Functional layout with additional den and oversized second bedroom.Includes underground parking, locker, visitor parking, and access to a well-managed, pet-friendly complex with garden pathways and gatehouse security.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
C13028436
Bedrooms
5 (2 + 3)
Bathrooms
3 (1 half)
Size
1400-1599
Cross streets
Finch and Yonge
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$799/mo
Exposure
North
Property tax
$4,811 / 2025
Days on market
86
Listing brokerage
EXP REALTY

Rooms

Dining RoomMain11.20 × 8.10 m

hardwood floor · open concept · 2 pc bath

KitchenMain12.50 × 10.30 m

stainless steel appl · backsplash · side door

Living RoomMain14.30 × 15.20 m

open concept · balcony · walk-out

Moe’s TakeTeam Asgarian · Broker
Below comparables
$957Kest. value

Listed at $789,900, this home is about 17% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $888K, 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 $799K
  • Bedrooms +$30K
  • Adjusts to $829K

That comparable adjusts to $829K; the $957K estimate above is the median of all 6 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 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.

On location, this is a very walkable address with everyday errands close by. Yonge St at Byng Ave is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$790KGreat deal$1.01MOverpriced

Total price vs nearby homes. Fair value about $957K, median of 6 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.

  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Willowdale East · asking prices
$929kavg asking

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

821 Grandview Way$798k1520-28 Sommerset Way$799k1502-28 Sommerset Way$1.03MTh17-88 Sheppard Avenue$1.09M

The 4 closest active listings nearby.

See all comparable homes
790kThis home798k799k1.03M1.09MThis home vs active comparables
Live market pulseActive comparables in Willowdale East · median list $1.03M
$527this home / sqft
5active listings nearby
86days on market

This home lists 13% below the area average of $604/sqft.

82 days longer than the Toronto average (4 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

87/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Yonge St at Byng Ave, about 209 m away

20+ transit stops7 grocery20+ dining20+ parks19 pharmacies

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.

Don Valley Village
$720K
Hillcrest Village
$677K
L'Amoreaux
$600K
Victoria Village
$782K
Humbermede
$509K

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 · 0.3 km awayHigher-rated than most nearby · 86% meet the provincial standard

Affordability & Mortgage

Affordability
$3,600/mo
$169KIncome needed
4.7×Price ÷ income
$831Weekly 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.

75%mortgage
Mortgage $3,600Property tax $401Condo fee $799Total carry $4,800

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,372per month

Mortgage amount $631,920 · 4.14% over 25 years

$157,980Down payment (20.0%)
$631,920Loan before insurance
$0CMHC premium
$4,572Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,372
Property tax
$401
Condo / maintenance fees
$799
Heating
$0
Estimated monthly cost
$4,572

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

One-time closing costs

Ontario land transfer tax
$12,273
Toronto municipal land transfer tax
$12,273
Estimated closing costs
$24,546

Plus your down payment of $157,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,096/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

$379,728Total interest paid
$1,011,648Total of all payments
Principal $631,920 Interest $379,728
YearPrincipalInterestBalance
1$14,804$25,662$617,116
2$15,423$25,043$601,693
3$16,068$24,398$585,625
4$16,740$23,726$568,885
5$17,440$23,026$551,445
6$18,170$22,296$533,275
7$18,930$21,536$514,345
8$19,722$20,744$494,623
9$20,547$19,919$474,077
10$21,406$19,060$452,671
11$22,301$18,164$430,369
12$23,234$17,232$407,135
13$24,206$16,260$382,929
14$25,219$15,247$357,710
15$26,273$14,192$331,437
16$27,372$13,093$304,064
17$28,517$11,949$275,547
18$29,710$10,756$245,837
19$30,953$9,513$214,884
20$32,248$8,218$182,636
21$33,597$6,869$149,039
22$35,002$5,464$114,038
23$36,466$4,000$77,572
24$37,991$2,475$39,580
25$39,580$886$0

At the end of your 5-year term

Total paid over the term
$202,330
Principal paid down
$80,475
Interest paid
$121,854
Balance remaining
$551,445

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$4,750/mo
$57,000Gross annual rent
4.5%Est. cap rate

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.

7.2%
Gross yield
− Property tax $4,811− Condo fees $9,583− Insurance $600− Vacancy & upkeep $6,270Net operating income $35,736

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

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