8H Hycrest Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13425124

$5,000/mo
For Lease
Listed 42 days ago
Request a showing
◎ Directions
4Bedrooms
3Bathrooms
1Garage · 3 parking
1500-2000Sq Ft

About this home

Modern living awaits in this beautifully renovated 3-bedroom end-unit townhouse on a quiet cul-de-sac in Willowdale. Highlights include a sleek kitchen with stone countertops and stainless steel appliances, a walk-out basement with a roughed-in kitchen, and a landscaped, low-maintenance backyard with outdoor lighting. Located in a top-rated school district, its a short walk to the subway, shopping, and minutes from Highway 401. Snow removal is prepaid by the landlord for added convenience. Dont miss this exceptional rental opportunity!

Key facts

Property type
Townhouse, 2-Storey
MLS®
C13425124
Bedrooms
4 (3 + 1)
Bathrooms
3 (1 half)
Size
1500-2000
Cross streets
Bayview/ Sheppard
Parking
1 garage · 3 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Other
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
42
Listing brokerage
RETREND REALTY LTD
Moe’s TakeTeam Asgarian · Broker
Above comparables
$3,950/moest. value

Listed at $5,000/mo, this rental is about 27% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In Willowdale East lately, landlords have been getting about 99% of asking and homes lease in about 19 days. Rents are down 9% versus a year ago.

There were not many closely comparable homes right in Willowdale East, so I widened the search to the surrounding area.

Based on 59 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 59 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

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, leased for $3,950/mo
  • Bathrooms −$200/mo
  • Adjusts to $3,750/mo

That comparable adjusts to $3,750/mo; the $3,950/mo estimate above is the median of all 59 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions 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.

List price
$3,700/moBelow market$5,000/moAbove market

Total price vs nearby homes. Fair value about $3,950/mo, median of 59 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
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby · asking prices
$4,240avg asking

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

21 Kenneth Wood Crescent$4,20029 Draper Street$6,50017 Protea Gardens$3,90080 Halsey Avenue$3,3004662 Kingston Road$3,300

The 5 closest active listings nearby.

See all comparable homes
5,000This home4,2006,5003,9003,3003,300This home vs active comparables
Live market pulseActive comparables in Willowdale East · median list $4K
6active listings nearby
42days on market
16leased nearby · 90 days
$4Kmedian leased price
99%of asking, on average
9%vs a year ago

30 days longer than the Toronto average (12 days).

View comparable listings

Not enough sq ft data to place this home on the area price curve.

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Downsview-Roding-CFB
$4K
Clairlea-Birchmount
$3K
Dovercourt-Wallace Emerson-Junction
$4K
Moss Park
$2K
South Riverdale
$5K

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

Affordability & Mortgage

Affordability
$23/mo
$5KIncome needed
1.1×Price ÷ income
$5Weekly 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.

88%mortgage
Mortgage $23Property tax $3Total carry $26

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$21per month

Mortgage amount $4,000 · 4.14% over 25 years

$1,000Down payment (20.0%)
$4,000Loan before insurance
$0CMHC premium
$25Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$21
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$25

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

One-time closing costs

Ontario land transfer tax
$25
Toronto municipal land transfer tax
$25
Estimated closing costs
$50

Plus your down payment of $1,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$26/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

$2,404Total interest paid
$6,404Total of all payments
Principal $4,000 Interest $2,404
YearPrincipalInterestBalance
1$94$162$3,906
2$98$159$3,809
3$102$154$3,707
4$106$150$3,601
5$110$146$3,491
6$115$141$3,376
7$120$136$3,256
8$125$131$3,131
9$130$126$3,001
10$135$121$2,865
11$141$115$2,724
12$147$109$2,577
13$153$103$2,424
14$160$97$2,264
15$166$90$2,098
16$173$83$1,925
17$181$76$1,744
18$188$68$1,556
19$196$60$1,360
20$204$52$1,156
21$213$43$943
22$222$35$722
23$231$25$491
24$240$16$251
25$251$6$0

At the end of your 5-year term

Total paid over the term
$1,281
Principal paid down
$509
Interest paid
$771
Balance remaining
$3,491

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.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RETREND REALTY LTD. MLS®/PropTx.

CallRequest a showing