401-15 Holmes Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13436016

$628,800
For Sale
Listed 35 days ago
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2Bedrooms
2Bathrooms
1Garage
600-699Sq Ft

About this home

Experience elevated urban living in this beautifully appointed 1 Bedroom + Den, 2 Full Bathroom residence in the highly sought-after Azure Condos. Bathed in natural sunlight through expansive floor-to-ceiling windows, this bright south-facing suite offers an inviting and airy atmosphere throughout the day.The versatile oversized den, complete with sliding doors, easily functions as a second bedroom, private office, or guest suite, providing exceptional flexibility for modern living.Step outside to the extra-wide balcony-an ideal extension of your living space, perfect for morning coffee, outdoor dining, entertaining guests, or simply relaxing while enjoying the vibrant city skyline.Located in the heart of North York, you're just minutes from Finch Subway Station and surrounded by an outstanding selection of restaurants, cafes, supermarkets, banks, parks, libraries, and everyday conveniences.Residents enjoy an exceptional collection of luxury amenities, including a 24-hour concierge, state-of-the-art fitness centre, yoga studio, chef's kitchen, party room, children's play area, BBQ facilities, and ample visitor parking

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13436016
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
600-699
Cross streets
Finch /Yonge
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$566/mo
Exposure
South
Property tax
$3,300 / 2025
Days on market
35
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

DenFlat2.30 × 2.30 m

sliding doors · laminate

Living RoomFlat3.70 × 3.10 m

Combined w/Dining

BedroomFlat3.40 × 2.50 m

Laminate

BathroomFlat2.30 × 1.50 m

Separate Shower

BathroomFlat2.40 × 1.50 m
Dining RoomFlat3.70 × 3.10 m

w/o to balcony · laminate

KitchenFlat3.50 × 3.20 m

laminate · modern kitchen

Moe’s TakeTeam Asgarian · Broker
Above comparables
$529Kest. value

Listed at $628,800, this home is about 19% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 26 similar homes nearby, adjusted for size, beds, and baths.Median of 26 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $622K, a bit higher.

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 $489K
  • Adjusts to $489K

That comparable adjusts to $489K; the $529K estimate above is the median of all 26 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 (Cummer Valley Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Yonge St. @ Kempford Blvd. is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$489KGreat deal$629KOverpriced

Total price vs nearby homes. Fair value about $529K, median of 26 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.
  • Value driver
Comparable listingsCurrently listed nearby in Willowdale East · asking prices
$612kavg asking

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

1703-15 Holmes Avenue$629k1603-15 Holmes Avenue$599k511-238 Doris Avenue$629k202-181 Sheppard Avenue$569k2308-18 Harrison Garden Boulevard$635k

The 5 closest of 8 active listings nearby.

See all comparable homes
629kThis home629k599k629k569k635kThis home vs active comparables
Live market pulseActive comparables in Willowdale East · median list $525K
$968this home / sqft
59active listings nearby
35days on market

This home lists 20% above the area average of $807/sqft.

On the market now.

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

87/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Yonge St. @ Kempford Blvd., about 92 m away

20+ transit stops6 grocery20+ dining20+ parks20+ 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.

Willowdale West
$770K
Banbury-Don Mills
$500K
Annex
$1.39M
Church-Yonge Corridor
$574K
Waterfront Communities C1
$688K

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 · 1.7 km awayAround the GTA average · 72% meet the provincial standard

Affordability & Mortgage

Affordability
$2,866/mo
$132KIncome needed
4.8×Price ÷ income
$661Weekly 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 $2,866Property tax $275Condo fee $566Total carry $3,707

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

years
years (your rate-locked period)
$2,684per month

Mortgage amount $503,040 · 4.14% over 25 years

$125,760Down payment (20.0%)
$503,040Loan before insurance
$0CMHC premium
$3,525Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,684
Property tax
$275
Condo / maintenance fees
$566
Heating
$0
Estimated monthly cost
$3,525

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

One-time closing costs

Ontario land transfer tax
$9,051
Toronto municipal land transfer tax
$9,051
Estimated closing costs
$18,102

Plus your down payment of $125,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,260/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

$302,282Total interest paid
$805,322Total of all payments
Principal $503,040 Interest $302,282
YearPrincipalInterestBalance
1$11,784$20,428$491,256
2$12,277$19,935$478,978
3$12,791$19,422$466,187
4$13,326$18,887$452,861
5$13,883$18,330$438,978
6$14,464$17,749$424,514
7$15,069$17,144$409,444
8$15,699$16,513$393,745
9$16,356$15,857$377,389
10$17,040$15,173$360,349
11$17,753$14,460$342,596
12$18,496$13,717$324,100
13$19,269$12,944$304,831
14$20,075$12,138$284,755
15$20,915$11,298$263,840
16$21,790$10,423$242,050
17$22,701$9,512$219,349
18$23,651$8,562$195,698
19$24,640$7,573$171,058
20$25,671$6,542$145,387
21$26,745$5,468$118,643
22$27,863$4,350$90,780
23$29,029$3,184$61,751
24$30,243$1,970$31,508
25$31,508$705$0

At the end of your 5-year term

Total paid over the term
$161,064
Principal paid down
$64,062
Interest paid
$97,002
Balance remaining
$438,978

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
1.8%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.

3.9%
Gross yield
− Property tax $3,300− Condo fees $6,790− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,204

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

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