207 Ellerslie Avenue, Toronto, ON
Willowdale West, Toronto · MLS® C13128410
About this home
Exceptional custom luxury home featuring 4+1 bedrooms and 7 bathrooms on a rare 50 x 300 ft lot in prestigious Willowdale West, just steps from Yonge Street. This masterpiece offers approximately 10-ft ceilings on the main, second, and basement levels, highlighted by a stunning 14-ft(approx.) ceiling in the office. The main floor features chevron-pattern hardwood flooring, a grand foyer with electrically heated tile, and an open-concept living space filled with natural light. The chef-inspired kitchen is equipped with premium Wolf appliances, a Sub-Zero refrigerator, a striking quartz waterfall island, and fully customized cabinetry.The luxurious primary suite includes a walk-in closet with custom built-ins and a skylight, along with a spa-inspired ensuite. Each of the three additional bedrooms features its own private ensuite and built-in closet, offering exceptional comfort and privacy. The basement is enhanced with hydronic heated floors, a nanny's suite with separate entrance and ensuite bathroom, and spacious recreation areas. Walk out to a two-tier wooden patio overlooking a sparkling pool in an oasis-like private backyard - perfect for family gatherings and entertaining.Additional features include an HRV system and two separate furnace systems for optimal climate control. Conveniently located with easy access to Hwy 401, TTC transit, and nearby subway stations. Just 4 minutes to Claude Watson School for the Arts and close to top-ranked schools, parks, shopping, and urban amenities. Exceptional craftsmanship and meticulous attention to detail are evident throughout this remarkable home. The photos shown were taken before staging was removed. now the property is not staged.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13128410
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 7 (1 half)
- Size
- 3500-5000
- Lot
- 50 × 300 ft
- Cross streets
- Yonge and Sheppard Ave west
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Private Double
- Basement
- Separate Entrance, Walk-Up
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $8,943 / 2025
- Days on market
- 69
- Listing brokerage
- BAY STREET INTEGRITY REALTY INC.
Rooms
tile floor · large window · open concept
5 pc ensuite · soaking tub · large window
4 pc ensuite · bidet
walk-up · heated floor
hardwood floor · laundry sink
hardwood floor · walk-out · fireplace
hardwood floor · 3 pc ensuite · b/i closet
hardwood floor · gas fireplace · picture window
hardwood floor · b/i appliances · centre island
hardwood floor · 3 pc ensuite · b/i closet
3 Pc Ensuite
3 pc ensuite · walk-out · double closet
hardwood floor · b/i bookcase · large window
5 pc ensuite · walk-in closet(s) · picture window
3 pc ensuite · bidet
Heated Floor
2 pc bath · b/i closet
open concept · b/i appliances · pot lights
3 pc ensuite · bidet
hardwood floor · 3 pc ensuite · b/i closet
3 pc bath · bidet
hardwood floor · bay window · overlooks pool
Listed at $3,990,000, this home is about 9% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
In Willowdale West lately, sellers have been getting about 96% of asking and homes sell in about 37 days.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.86M, lower than the comparables and worth a second look.
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 $3.65M
- Adjusts to $3.65M
That comparable adjusts to $3.65M; the $3.65M estimate above is the median of all 5 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 (Willowdale Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $3.65M, median of 5 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 14% above the area average of $826/sqft.
68 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Willowdale West, 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 22, 2026); conventional rates run a little higher.
Mortgage amount $3,192,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $17,034
- Property tax
- $745
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $17,779
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $86,225
- Toronto municipal land transfer tax
- $96,125
- Estimated closing costs
- $182,350
Plus your down payment of $798,000. 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
- $1,022,022
- Principal paid down
- $406,502
- Interest paid
- $615,520
- Balance remaining
- $2,785,498
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 BAY STREET INTEGRITY REALTY INC.. MLS®/PropTx.