466A Ellerslie Avenue, Toronto, ON
Willowdale West, Toronto · MLS® C13248744
About this home
In short
- Welcome to this grand 4+1 bedroom home, situated on a RARELY offered 300 ft deep lot, immensely spacious with 3800+ sf above grade, in beautiful Willowdale West.
- Step into this marvelous property with a welcoming front foyer, then to the living room that features a gas fireplace, stunning arched windows, and 9'4" high ceilings.
- The primary room is a private retreat - offering a sublime double door balcony, vaulted ceiling, spacious his & hers walk-in closets, and a 7-piece spa-like ensuite...
- Downstairs, the finished basement offers a bounty of additional storage space, a versatile rec room, HUGE built-in shelf unit (over $25k), additional bedroom + bath...
- Enjoy the convenience of this location, only a minutes' walk to multiple parks & greenbelt, ravine, schools, TTC, and more.
Welcome to this grand 4+1 bedroom home, situated on a RARELY offered 300 ft deep lot, immensely spacious with 3800+ sf above grade, in beautiful Willowdale West! Step into this marvelous property with a welcoming front foyer, then to the living room that features a gas fireplace, stunning arched windows, and 9'4" high ceilings. Continue on to the dining room, with exquisite wainscoting and a tray ceiling, offering a warm and inviting atmosphere perfect for everyday meals or stylish gatherings. The chef's kitchen is a statement of elegance, complete with a large center island, built-in appliances (including a paneled Subzero fridge, gas cooktop & range hood, wall oven & microwave, warmer drawer, dishwasher), walk-in pantry, and a breakfast area with a beautiful bay window that overlooks the picturesque backyard. The bright, airy family room provides a comfortable and functional living space (with a cozy gas fireplace), and walks out to the deck through double French doors. Upstairs, the second floor features a radiant skylight, four large bedrooms, and a convenient laundry room with a washer & dryer, laundry sink, and walk-in closet (ideal for extra storage). The primary room is a private retreat - offering a sublime double door balcony, vaulted ceiling, spacious his & hers walk-in closets, and a 7-piece spa-like ensuite, with marble floors, a glass shower, double sinks, a relaxing jacuzzi bathtub and a mounted TV. Downstairs, the finished basement offers a bounty of additional storage space, a versatile rec room, HUGE built-in shelf unit (over $25k), additional bedroom + bath, and a walk-up. Journey outside to the serene backyard, vastly spacious due to sizeable lot depth, that offers beautiful landscaping, a broad fenced deck, stamped concrete patio, underground sprinkler system, and a garden shed with power & water. Enjoy the convenience of this location, only a minutes' walk to multiple parks & greenbelt, ravine, schools, TTC, and more! Your dream home awaits.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13248744
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 5 (1 half)
- Size
- 3500-5000 sq ft
- Lot
- 37.54 × 300.77 ft
- Cross streets
- Bathurst & Ellerslie
- Parking
- 2 garage · 9 parking (built-in)
- Driveway
- Private
- Basement
- Finished, Walk-Up, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster), Stone
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $15,187 / 2025
- Days on market
- 98
- Listing brokerage
- ROYAL LEPAGE TERREQUITY CONFIDENCE REALTY
Rooms
vaulted ceiling(s) · double closet · semi ensuite
gas fireplace · wainscoting · crown moulding
w/o to balcony · his and hers closets · 7 pc ensuite
vaulted ceiling(s) · walk-in closet(s) · semi ensuite
hardwood floor · pot lights · window
gas fireplace · crown moulding · w/o to deck
bay window · crown moulding · overlooks backyard
centre island · b/i appliances · pantry
pot lights · above grade window · walk-up
above grade window · double closet · 4 pc bath
vaulted ceiling(s) · walk-in closet(s) · 4 pc ensuite
Listed at $2,499,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $2.58M, typically $2.34M to $2.85M. Comparable closings on their own put this home around $2.76M, so the seller is asking less than the comparables suggest: either they want a quick, clean sale or something about the home is not in the comparables. Worth seeing before you offer.
Second read, from the city assessment: $2.73M. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.
Total price vs nearby homes. Fair value about $2.58M, median of 16 comparables.
The market behind the math:
About 0.9 months of inventory: 6 detached homes for sale in the area against 20 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $588/sqft against an area asking average of $780/sqft. Size and $/sqft both feed the estimate above.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Willowdale West: 27 of the 154 detached leases here lately were basement units, around $1,850 a month. That makes the suite real income, and comparable-sales math under-prices it, so read the estimate as a floor. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
How this estimate is builtthe short version
I take the 16 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $2.73M, a close match.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
The assigned public school is Willowdale Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 16 comparable homes that sold in Willowdale West over the past two years, from 124 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $740/sqft; this home lists at $588/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & 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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.
Mortgage amount $1,999,200 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,778
- Property tax
- $1,266
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,043
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $48,950
- Toronto municipal land transfer tax
- $48,950
- Estimated closing costs
- $97,900
Plus your down payment of $499,800. 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
- $646,675
- Principal paid down
- $251,615
- Interest paid
- $395,060
- Balance remaining
- $1,747,585
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
The suite is real income here: basements rent in Willowdale West (27 of 154 recent detached leases were basement units, around $1,850 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,850 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 7 whole-home leases in Willowdale West signed at a median of $7,134 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,059. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE TERREQUITY CONFIDENCE REALTY. MLS®/PropTx.