112 Alfred Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13222196

$2,998,000
For Sale
Listed 50 days ago
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5Bedrooms
5Bathrooms
2Garage · 4 parking
2500-3000Sq Ft
10 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Magnificent Custom built Smart Home In The Most Sought After Prestigious Willowdale East, Open Concept With Maximum Natural Light. Elegantly Designed Gourmet Kitchen, High And Crafted Ceiling (Main 10Ft, Basement 10Ft, 2nd Floor 10Ft), B/I Security+Audio System, Huge Skylight. Famous Earl Haig Secondary School District, Walking Distance To Subway And Yonge Entertainment Area, Heated Basement Floor and all bathroom floor, Interlock In Front And Patio In The Back. *photos from previous listing and some furniture may been removed*

Key facts

Property type
Detached, 2-Storey
MLS®
C13222196
Bedrooms
5 (4 + 1)
Bathrooms
5 (1 half)
Size
2500-3000
Lot
40.06 × 110.86 ft
Cross streets
Yonge & Sheppard
Parking
2 garage · 4 parking (built-in)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$16,137 / 2025
Days on market
50
Listing brokerage
CENTURY 21 KING`S QUAY REAL ESTATE INC.

Rooms

RecreationBasement23.50 × 17.00 m

heated floor · bar sink · w/o to yard

Primary BedroomSecond17.80 × 14.00 m

hardwood floor · 7 pc ensuite · walk-in closet(s)

Bedroom 510.00 × 12.00 m

laminate · 4 pc bath

Dining Room16.80 × 11.00 m

hardwood floor · combined w/living · open concept

Bedroom 311.00 × 14.00 m

hardwood floor · 5 pc ensuite · closet

Bedroom 213.00 × 10.00 m

hardwood floor · 3 pc ensuite · large closet

Kitchen20.50 × 13.50 m

b/i appliances · granite counters · backsplash

FoyerMain8.00 × 4.00 m

marble floor · double closet

Bedroom 413.00 × 14.00 m

hardwood floor · 5 pc ensuite · closet

Family Room14.80 × 17.50 m

hardwood floor · gas fireplace · pot lights

Living Room16.80 × 16.00 m

hardwood floor · gas fireplace · bay window

Moe’s TakeTeam Asgarian · Broker
Above comparables
$2.44Mest. value

Listed at $2,998,000, this home is about 23% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

In Willowdale East lately, sellers have been getting about 96% of asking and homes sell in about 39 days.

Based on 91 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 91 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.64M, 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
  • Bedrooms −$30K
  • Adjusts to $2.57M

That comparable adjusts to $2.57M; the $2.44M estimate above is the median of all 91 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.

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

List price
$1.90MGreat deal$3.00MOverpriced

Total price vs nearby homes. Fair value about $2.44M, median of 91 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Willowdale East · asking prices
$2.97Mavg asking

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

147 Norton Avenue$3.00M150 Norton Avenue$2.95M351 Byng Avenue$2.90M125 Kingsdale Avenue$3.19M116 Church Avenue$2.80M

The 5 closest active listings nearby.

See all comparable homes
3.00MThis home3.00M2.95M2.90M3.19M2.80MThis home vs active comparables
Live market pulseActive comparables in Willowdale East · median list $2.64M
$1,090this home / sqft
16active listings nearby
50days on market
98sold nearby · 90 days
$2.16Mmedian sold price
96%of asking, on average

This home lists 26% above the area average of $868/sqft.

49 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

70/ 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: Willowdale Ave at Hollywood Ave, about 230 m away

20+ transit stops10 grocery20+ dining20+ parks10 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.

Bayview Village
$1.93M
Newtonbrook East
$1.70M
Bedford Park-Nortown
$3.76M
East York
$925K
Birchcliffe-Cliffside
$1.41M

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 · 1.1 km awayAmong the top in the GTA · 96% meet the provincial standard
Avondale Elementary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$13,664/mo
$567KIncome needed
5.3×Price ÷ income
$3,153Weekly 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 $13,664Property tax $1,345Total carry $15,009

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12,799per month

Mortgage amount $2,398,400 · 4.14% over 25 years

$599,600Down payment (20.0%)
$2,398,400Loan before insurance
$0CMHC premium
$14,144Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,799
Property tax
$1,345
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14,144

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

One-time closing costs

Ontario land transfer tax
$61,425
Toronto municipal land transfer tax
$61,425
Estimated closing costs
$122,850

Plus your down payment of $599,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$15,545/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

$1,441,226Total interest paid
$3,839,626Total of all payments
Principal $2,398,400 Interest $1,441,226
YearPrincipalInterestBalance
1$56,186$97,399$2,342,214
2$58,536$95,049$2,283,677
3$60,985$92,600$2,222,692
4$63,536$90,049$2,159,157
5$66,193$87,392$2,092,963
6$68,962$84,623$2,024,001
7$71,847$81,738$1,952,154
8$74,852$78,733$1,877,302
9$77,983$75,602$1,799,319
10$81,245$72,340$1,718,074
11$84,643$68,942$1,633,431
12$88,184$65,401$1,545,247
13$91,872$61,713$1,453,375
14$95,715$57,870$1,357,660
15$99,719$53,866$1,257,941
16$103,890$49,695$1,154,051
17$108,235$45,350$1,045,816
18$112,763$40,822$933,053
19$117,479$36,106$815,573
20$122,393$31,192$693,180
21$127,513$26,072$565,667
22$132,847$20,738$432,820
23$138,403$15,182$294,417
24$144,193$9,392$150,224
25$150,224$3,361$0

At the end of your 5-year term

Total paid over the term
$767,925
Principal paid down
$305,437
Interest paid
$462,488
Balance remaining
$2,092,963

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$5,250/mo
$63,000Gross annual rent
1.3%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.

2.1%
Gross yield
− Property tax $16,137− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $38,533

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.

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