309 Hillcrest Avenue, Toronto, ON
Willowdale East, Toronto · MLS® C13111510
About this home
Welcome to 309 Hillcrest Ave! A Bright and Spacious Custom-Built Residence On A Premium 50' X 130' South-Facing Lot (6,545 Sq. Ft.) Located On One of The Most Desirable Streets In the Heart Of Willowdale East. This Well-Designed Home Features Approximately 3,000 Sq. Ft. Above Grade! 4+2 Bedrooms, 4 Bathrooms, 2 Kitchens, and An Ideal Family Friendly Layout with Exceptional Renovation Or Remodelling Potential. A Rare Highlight Is The Two Separate Driveways with Access from Both Hillcrest Ave and Wilfred Ave.The Main Floor Showcases Expansive Living, Dining, And Family Rooms with A Walkout to A Private Patio and Family Sized Backyard. The Sun-Filled Kitchen Includes A Breakfast Area, While The Dramatic Central Skylight and Open-Riser Oak Staircase Bring Warmth and Natural Light Throughout The Home. Hardwood and Laminate Flooring Run Throughout Both The Main and Upper Levels.Upstairs, The Generous Primary Retreat Offers A Walk-In Closet and 4-Pc Ensuite, While The Additional Bedrooms Share A Spacious 5-Pc Bathroom.The Finished Walkout Basement Apartment Provides Excellent Flexibility and Income Potential, Complete With A Recreation Room, Great Room/Bedroom, Den, Kitchen, and 4-Pc Bath. Ideally Situated Just Minutes From Bayview & Sheppard, Bayview Village, TTC Subway, Hwy 401, Parks, Library, Community Centre, and Top-Ranked Schools Including Earl Haig Secondary School, Hollywood Public School, and Bayview Middle School. A Rare Opportunity To Renovate, Remodel Your Dream Home In One Of the Best Pockets of Willowdale East!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13111510
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000
- Lot
- 50 × 130.63 ft
- Cross streets
- Sheppard / Willowdale Ave
- Parking
- 2 garage · 8 parking (built-in)
- Basement
- Finished, Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $12,623 / 2025
- Days on market
- 72
- Listing brokerage
- RE/MAX REALTRON BIJAN BARATI REAL ESTATE
Rooms
4 pc bath · fireplace · above grade window
4 pc ensuite · closet · hardwood floor
hardwood floor · closet · overlooks backyard
broadloom · track lighting · window
hardwood floor · window · open concept
ceramic floor · w/o to yard
hardwood floor · track lighting · overlooks backyard
laminate · led lighting · open concept
laminate · led lighting
laminate · led lighting · w/o to patio
5 pc bath · overlooks backyard · hardwood floor
above grade window · laminate · led lighting
hardwood floor · led lighting · open concept
hardwood floor · closet · window
Listed at $2,388,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
In Willowdale East lately, sellers have been getting about 95% of asking and homes sell in about 40 days.
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 $2.18M, 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, sold for $2.60M
- Bathrooms −$30K
- Adjusts to $2.57M
That comparable adjusts to $2.57M; the $2.13M 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 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.
Total price vs nearby homes. Fair value about $2.13M, 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.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 4% below the area average of $904/sqft.
71 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.
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 23, 2026); conventional rates run a little higher.
Mortgage amount $1,910,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,195
- Property tax
- $1,052
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,247
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $46,175
- Toronto municipal land transfer tax
- $46,175
- Estimated closing costs
- $92,350
Plus your down payment of $477,600. 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
- $611,676
- Principal paid down
- $243,290
- Interest paid
- $368,386
- Balance remaining
- $1,667,110
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 RE/MAX REALTRON BIJAN BARATI REAL ESTATE. MLS®/PropTx.