249 Holmes Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13430202

$3,399,000
For Sale
Listed 36 days ago
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6Bedrooms
7Bathrooms
2Garage · 6 parking
3500-5000Sq Ft

About this home

5 Elite Picks! Here Are 5 Reasons To Make This Home Your Own: 1. Spectacular Gourmet Kitchen Boasting Modern Cabinetry, Large Centre Island with Bar Sink, Granite Countertops, Beautiful Stone Backsplash, High-End Stainless Steel Appliances, Convenient Servery Area & Bright Breakfast Area with Ample Windows & W/O to Patio & Private Backyard! 2. Stunning Principal Rooms... Including Gorgeous F/R Featuring Custom Coffered Ceiling, B/I Shelving & Gas F/P, Plus Bright & Airy Open Concept Formal L/R & D/R with Bow Window & Gas Fireplace... and Private Office with Coffered Ceiling & Extensive B/I Shelving. 3. Beautiful Grand Staircase with Skylight Above Leads to Spacious 2nd Level with Convenient Upper Level Laundry Room & 5 Large Bdrms - Each with Its Own Ensuite... Including Oversized PBR Suite Boasting B/I Entertainment Unit, Gas F/P, Garden Door W/O to Private Balcony (with Updated Deck Tiles '21), 2 W/I Closets & Luxurious 6pc Ensuite Boasting Bidet, Dbl Vanity, Soaker Tub & Separate Spa Shower. 4. Exceptional Finished Bsmt with Eng. Hdwd Flooring ('21) Featuring Stunning Open Concept Games/Rec Room with Gas F/P, Wet Bar & Walk-Up to Patio & Backyard... Plus 5th Bedroom (No Closet), Large Office with B/I Shelving & 4pc Bath! 5. Spectacular 50' x 155' Lot with Breathtaking Backyard Oasis Boasting Huge Patio Area, Including Covered Sitting Area with Gas F/P & Outdoor Kitchen Area, Plus Ample Space for Entertaining & Play!! All This & More!! 2pc Powder Room & Garage Access Complete the Main Level. Beautiful 10' Custom Ceilings & Wall Panelling Thru Main Level. Over 4,000 Sq.Ft. PLUS Finished Walk-Up Bsmt! Fabulous Location in North York's Willowdale Community Just Minutes from Parks, Bike & Walking & Trails, Schools, Community Centre, Shopping & Restaurants, Public Transit, Hwy 401 Access & More! Freshly Painted '21, Updated Lighting '21, New Garage Door '21, Upgraded Landscaping '21, Durable Epoxy Coating on Back Stairs '21.

Key facts

Property type
Detached, 2-Storey
MLS®
C13430202
Bedrooms
6 (5 + 1)
Bathrooms
7 (1 half)
Size
3500-5000
Lot
50.5 × 155 ft
Cross streets
Bayview Ave. & Finch Ave. E.
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Separate Entrance, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Property tax
$9,994 / 2025
Days on market
36
Listing brokerage
REAL ONE REALTY INC.

Rooms

BreakfastMain4.62 × 3.28 m

limestone flooring · w/o to patio · california shutters

Family RoomMain5.28 × 5.21 m

hardwood floor · gas fireplace · coffered ceiling(s)

Dining RoomMain3.96 × 3.84 m

hardwood floor · open concept · large window

KitchenMain5.16 × 4.17 m

limestone flooring · centre island · stainless steel appl

Bedroom 4Second4.45 × 3.66 m

hardwood floor · 4 pc ensuite · closet

OfficeMain3.51 × 2.26 m

hardwood floor · b/i shelves · coffered ceiling(s)

Bedroom 3Second4.17 × 3.89 m

hardwood floor · 4 pc ensuite · closet

Bedroom 2Second5.00 × 4.62 m

hardwood floor · 4 pc ensuite · juliette balcony

Bedroom 5Second3.78 × 3.15 m

hardwood floor · 4 pc ensuite · large closet

RecreationBasement7.44 × 6.07 m

hardwood floor · gas fireplace · walk-up

Primary BedroomSecond6.05 × 4.57 m

hardwood floor · 6 pc ensuite · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
In line
$3.38Mest. value

Listed at $3,399,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.74M, 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, listed at $2.90M
  • Adjusts to $2.90M

That comparable adjusts to $2.90M; the $3.38M estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Finch Ave East at Maxome Ave East Side is about a 3-minute walk away.

List price
$2.90MGreat deal$3.40MOverpriced

Total price vs nearby homes. Fair value about $3.38M, median of 5 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.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Open-concept layout: modern, sought-after flow.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby in Willowdale East · asking prices
$3.35Mavg asking

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

242 Parkview Avenue$3.38M291 Byng Avenue$2.90M16 Lawnview Drive$2.40M274 Greenfield Avenue$3.39M287 Hillcrest Avenue$4.70M

The 5 closest of 6 active listings nearby.

See all comparable homes
3.40MThis home3.38M2.90M2.40M3.39M4.70MThis home vs active comparables
Live market pulseActive comparables in Willowdale East · median list $3.38M
$800this home / sqft
19active listings nearby
36days on market

This home lists 2% below the area average of $820/sqft.

35 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

49/ 100

Somewhat 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: Finch Ave East at Maxome Ave East Side, about 270 m away

20+ transit stops2 grocery20+ dining20+ parks5 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.

Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M
Wexford-Maryvale
$865K
Downsview-Roding-CFB
$1.06M
High Park-Swansea
$4.99M

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 Finch Public School
72%
Finch Public SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 72% meet the provincial standard

Affordability & Mortgage

Affordability
$15,492/mo
$616KIncome needed
5.5×Price ÷ income
$3,575Weekly 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.

95%mortgage
Mortgage $15,492Property tax $833Total carry $16,324

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$14,511per month

Mortgage amount $2,719,200 · 4.14% over 25 years

$679,800Down payment (20.0%)
$2,719,200Loan before insurance
$0CMHC premium
$15,343Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,511
Property tax
$833
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$15,343

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

One-time closing costs

Ontario land transfer tax
$71,450
Toronto municipal land transfer tax
$75,440
Estimated closing costs
$146,890

Plus your down payment of $679,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$17,625/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

$1,633,998Total interest paid
$4,353,198Total of all payments
Principal $2,719,200 Interest $1,633,998
YearPrincipalInterestBalance
1$63,701$110,426$2,655,499
2$66,366$107,762$2,589,133
3$69,142$104,986$2,519,991
4$72,034$102,094$2,447,956
5$75,047$99,081$2,372,909
6$78,186$95,942$2,294,723
7$81,457$92,671$2,213,266
8$84,864$89,264$2,128,402
9$88,414$85,714$2,039,989
10$92,112$82,016$1,947,877
11$95,965$78,163$1,851,912
12$99,979$74,149$1,751,933
13$104,161$69,967$1,647,772
14$108,518$65,610$1,539,255
15$113,057$61,071$1,426,198
16$117,786$56,342$1,308,412
17$122,713$51,415$1,185,700
18$127,845$46,282$1,057,854
19$133,193$40,935$924,661
20$138,764$35,364$785,897
21$144,569$29,559$641,328
22$150,616$23,512$490,712
23$156,916$17,212$333,797
24$163,479$10,649$170,317
25$170,317$3,811$0

At the end of your 5-year term

Total paid over the term
$870,640
Principal paid down
$346,291
Interest paid
$524,349
Balance remaining
$2,372,909

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$7,350/mo
$88,200Gross annual rent
2.0%Est. cap rate

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 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.

2.6%
Gross yield
− Property tax $9,994− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $67,104

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

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