136 Homewood Avenue, Toronto, ON
Newtonbrook West, Toronto · MLS® C13423512
About this home
Magnificent Custom-Built Home in Prestigious West Willowdale!This exceptional 4+2 bedroom residence showcases refined craftsmanship, elegant finishes, and a thoughtfully designed open-concept layout ideal for modern family living. Expansive principal rooms are enhanced by soaring ceilings, skylights, intricate cornice mouldings, and detailed wainscoting throughout, creating a timeless sense of sophistication. The gourmet chef's kitchen features a large centre island, premium built-in appliances, and a seamless flow into the main living and entertaining spaces. The main floor office boasts approximately 12-foot ceilings, perfect for working in style. The professionally finished walk-out basement provides additional living space with a full kitchen, two bedrooms with 13-foot ceilings, and a private suite with ensuite bath-ideal for extended family or guests. Separate walk-ups and direct backyard access add both flexibility and convenience. This home is equipped with top-of-the-line features for modern living and safety, including an EV charger in the garage, central vacuum throughout all three floors, two sets of washer and dryers(including a lightly used basement set for guests), high-end custom curtains and drapes on all windows (approx. $100K value),and state-of-the-art smart home technology with a full security system, indoor and outdoor cameras, gas leak alarms on all three floors, and seamless control via iPhone/iPad. The primary bedroom suite is a true sanctuary, featuring a 7-piece ensuite bathroom and his-and-her walk-in closets, providing both luxury and functionality Step outside to a private, pool-sized lot with endless outdoor potential. A double car garage, premium lot location on a quiet street, and close proximity to Yonge Street, parks, transit, and top amenities complete this extraordinary property. With a fire hydrant and street lighting directly in front, this home combines unmatched luxury, safety, and convenience-move in and enjoy upscale family.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13423512
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 5 (1 half)
- Size
- 3500-5000
- Lot
- 50 × 132 ft
- Cross streets
- Yonge St/Steeles Ave
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Private
- Basement
- Finished with Walk-Out, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $12,638 / 2025
- Days on market
- 42
- Listing brokerage
- AVION REALTY INC.
Rooms
hardwood floor · semi ensuite · closet
hardwood floor · moulded ceiling · w/o to balcony
hardwood floor · 4 pc ensuite · walk-in closet(s)
hardwood floor · combined w/living · large window
hardwood floor · semi ensuite · closet
hardwood floor · b/i appliances · above grade window
hardwood floor · gas fireplace · w/o to balcony
hardwood floor · gas fireplace · open concept
hardwood floor · 7 pc ensuite · his and hers closets
hardwood floor · french doors · overlooks frontyard
hardwood floor · 3 pc bath · walk-out
b/i appliances · centre island · b/i appliances
Listed at $2,769,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
In Newtonbrook West lately, sellers have been getting about 96% of asking and homes sell in about 34 days.
Based on 47 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 47 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.02M, 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, sold for $2.45M
- Bathrooms −$30K
- Adjusts to $2.42M
That comparable adjusts to $2.42M; the $2.74M estimate above is the median of all 47 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.
The assigned public school is R J Lang Elementary and Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Total price vs nearby homes. Fair value about $2.74M, median of 47 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
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- 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
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
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 8% above the area average of $603/sqft.
41 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Newtonbrook 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 $2,215,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,821
- Property tax
- $1,053
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,874
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $55,700
- Toronto municipal land transfer tax
- $55,700
- Estimated closing costs
- $111,400
Plus your down payment of $553,800. 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
- $709,268
- Principal paid down
- $282,106
- Interest paid
- $427,162
- Balance remaining
- $1,933,094
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 AVION REALTY INC.. MLS®/PropTx.