317-5 Northtown Way, Toronto, ON

Willowdale East, Toronto · MLS® C13427948

$549,900
For Sale
Listed 44 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Luxurious 1 Bedroom + 1 Den, Club House Liked Condo By Tridel. Fully Reno From Top To Buttom & Recent Painted. Den Can Be Used As 2nd Bedroom W/ Sliding French Doors. Bright & Spacious With South Exposure. Open Concept. $$$ Upgrades: Laminate Flooring Throughout, Quartz Kitchen Countertop With Breakfast Bar, Stainless Steels Appliance. Including 1 XL Parking Spot (Next To The Elevator) & 1 Locker (Same Floor As The Unit @ 3/F). World Class 5 Star Condo Amenities (On 2nd Floor) Including Indoor Swimming Pool, Gym, Bowling, Virtual Golf, Tennis Court, Billard & Card room, Party Room & Private Garden W/ BBQ Facility. Direct Access To 24Hr Metro Supermarket, Steps To Subway, Shops, Restaurants, Theater & Shopping Mall. Monthly Condo Fees Includes: Water, Gas, Hydro, Parking, Locker, Common Area & Building Insurance. Pictures Are From Previous.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13427948
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Yonge & Finch
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$550/mo
Exposure
South
Property tax
$2,338 / 2025
Days on market
44
Listing brokerage
REAL BROKER ONTARIO LTD.

Rooms

KitchenGround3.08 × 2.31 m

quartz counter · backsplash · stainless steel appl

StudyGround3.38 × 2.00 m

combined w/living · large window · laminate

DenGround2.46 × 2.15 m

separate room · sliding doors · laminate

Primary BedroomGround3.88 × 2.62 m

large window · large closet · laminate

Living RoomGround7.74 × 3.38 m

overlooks dining · large window · laminate

Dining RoomGround7.74 × 3.38 m

overlooks living · open concept · laminate

Our TakeTeam Asgarian · Broker
Above comparables
$497Kest. value

Listed at $549,900, and my independent estimate is about 11% above what comparable homes suggest.

In Willowdale East lately, sellers get about 97% of asking; homes sell in ~36 days.

List price
$459KGreat deal$550KOverpriced

Total price vs nearby homes. Fair value about $497K, median of 9 comparables.

How this estimate is builtthe short version

I take the 9 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), 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 $486K, 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Elevator: rare and valuable for accessibility and resale. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

Its public catchment (Cummer Valley Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($847/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 9 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Willowdale East · asking prices
$549kavg asking

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

2510-10 Northtown Way$549k2616-4955 Yonge Street$579k1015-18 Parkview Avenue$519k428-120 Harrison Garden Boulevard$599k317-120 Harrison Garden Boulevard$500k

The 5 closest of 8 active listings nearby.

See all comparable homes
550kThis home549k579k519k599k500kThis home vs active comparables
Live market pulseActive comparables in Willowdale East · median list $535K
$847this home / sqft
59active listings nearby
44days on market
100sold nearby · 90 days
$580Kmedian sold price
97%of asking, on average

This home lists 4% above the area average of $817/sqft.

43 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.

Nearby neighbourhoods

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

Bayview Village
$513K
Mount Pleasant West
$632K
Tam O'Shanter-Sullivan
$409K
Annex
$798K
Agincourt North
$480K

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 Cummer Valley Middle School
79%
Cummer Valley Middle SchoolPublic · Elementary · 1.7 km awayAbove the GTA average · 79% meet the provincial standard

Affordability & Mortgage

Affordability
$2,506/mo
$115KIncome needed
4.8×Price ÷ income
$578Weekly 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.

77%mortgage
Mortgage $2,506Property tax $195Condo fee $550Total carry $3,251

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,348per month

Mortgage amount $439,920 · 4.14% over 25 years

$109,980Down payment (20.0%)
$439,920Loan before insurance
$0CMHC premium
$3,092Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,348
Property tax
$195
Condo / maintenance fees
$550
Heating
$0
Estimated monthly cost
$3,092

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

One-time closing costs

Ontario land transfer tax
$7,473
Toronto municipal land transfer tax
$7,473
Estimated closing costs
$14,946

Plus your down payment of $109,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,851/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

$264,353Total interest paid
$704,273Total of all payments
Principal $439,920 Interest $264,353
YearPrincipalInterestBalance
1$10,306$17,865$429,614
2$10,737$17,434$418,877
3$11,186$16,985$407,691
4$11,654$16,517$396,037
5$12,141$16,030$383,896
6$12,649$15,522$371,247
7$13,178$14,993$358,069
8$13,730$14,441$344,339
9$14,304$13,867$330,035
10$14,902$13,269$315,133
11$15,525$12,645$299,608
12$16,175$11,996$283,433
13$16,851$11,319$266,581
14$17,556$10,615$249,025
15$18,291$9,880$230,734
16$19,056$9,115$211,679
17$19,853$8,318$191,826
18$20,683$7,488$171,143
19$21,548$6,623$149,594
20$22,450$5,721$127,145
21$23,389$4,782$103,756
22$24,367$3,804$79,389
23$25,386$2,785$54,003
24$26,448$1,723$27,554
25$27,554$616$0

At the end of your 5-year term

Total paid over the term
$140,855
Principal paid down
$56,024
Interest paid
$84,831
Balance remaining
$383,896

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$2,050/mo
$24,600Gross annual rent
2.2%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.

4.5%
Gross yield
− Property tax $2,338− Condo fees $6,602− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,354

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

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