287 Hillcrest Avenue, Toronto, ON
Willowdale East, Toronto · MLS® C13470484
About this home
In short
- Nestled on one of North York's most prestigious streets in the heart of Willowdale East, this newly completed architectural masterpiece has been thoughtfully...
- Created for both elegant entertaining and effortless everyday living, the open-concept interior offers expansive principal room, sophisticated spaces, and an...
- This is more than a newly built home-it is a carefully curated statement of architecture, craftsmanship and enduring design in one of North York's most coveted...
Nestled on one of North York's most prestigious streets in the heart of Willowdale East, this newly completed architectural masterpiece has been thoughtfully conceived by a celebrated architect and interior designer whose European training is reflected in every carefully curated detail. Beyond it's striking contemporary façade, the home unfolds with dramatic floor-to-ceiling aluminum windows featuring triple-glazed construction, bathing every space in natural light while delivering exceptional energy efficiency and year-round comfort. Every finish has been intentionally selected, from the exquisite natural stone imported from Italy to the bespoke millwork, custom floating staircase, and seamless designer detailing that define the home's refined character.Created for both elegant entertaining and effortless everyday living, the open-concept interior offers expansive principal room, sophisticated spaces, and an atmosphere that feels both grand and inviting. Every sightline has been carefully considered, every material thoughtfully chosen, and every room finished to an exceptional standard rarely seen.The professionally built lower-level elevates the home even further, offering a remarkable combination of opulence and functionality. Featuring an impressive entertainment lounge, a full kitchen with a generous island, two additional bedrooms, direct walk-out access to the backyard, and a completely self-contained secondary suite, the space is ideally suited for extended family, guests, multi-generational living, or income potential.This is more than a newly built home-it is a carefully curated statement of architecture, craftsmanship and enduring design in one of North York's most coveted neighbourhoods. A truly rare offering for the discerning buyer who appreciates exceptional quality without compromise.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13470484
- Bedrooms
- 4+2 (6 total)
- Bathrooms
- 7
- Size
- 3500-5000 sq ft
- Lot
- 50 × 129.63 ft
- Cross streets
- Willowdale And Sheppard
- Parking
- 2 garage · 8 parking (attached)
- Driveway
- Private
- Basement
- Finished with Walk-Out, Separate Entrance, Apartment
- Kitchens
- 3 (1 + 2)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Days on market
- 84
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
window floor to ceiling · hollywood kitchen · centre island
b/i appliances · centre island · w/o to deck
gas fireplace · open concept · overlooks frontyard
7 pc ensuite · walk-in closet(s) · overlooks backyard
overlooks frontyard · walk-in closet(s) · 3 pc bath
his and hers closets · 3 pc bath · picture window
overlooks backyard · window floor to ceiling · elevator
dry bar · combined w/living · open stairs
overlooks frontyard · marble floor · window floor to ceiling
4 pc bath · closet organizers · hardwood floor
picture window · overlooks backyard · open concept
b/i appliances · linen closet · laundry sink
Listed at $4,700,000. My estimate lands at $2.92M, so the ask sits about 61% above what comparable sales suggest. A gap that wide can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look at what justifies it before you offer. Treat the figure as a starting point: tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
A price cut is the likelier next move. 84 days on the market against about 37 for homes like it here, and asking 61% above where comparable closings put it. That is leverage for a buyer: offer with it in mind rather than waiting for the cut, since a reduction brings new eyes with it.
Total price vs nearby homes. Fair value about $2.92M, median of 90 comparables.
The market behind the math:
About 1.4 months of inventory: 18 detached homes for sale in the area against 38 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,106/sqft against an area asking average of $819/sqft. Size and $/sqft both feed the estimate above.
- Walk-out basement apartment features. A finished 2 bed walk-out basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Willowdale East: 32 of the 231 detached leases here lately were basement units, around $2,150 a month. That makes the suite real income, and comparable-sales math under-prices it, so read the estimate as a floor. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version
I take the 90 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), 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.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit
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.
Read this with carewhy it’s an estimate, not an appraisal
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 90 comparable homes that sold in Willowdale East over the past two years, from 215 closings there.
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For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $892/sqft; this home lists at $1,106/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Willowdale East, 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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.
Mortgage amount $3,760,000 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $20,271
- Property tax
- $2,938
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $23,208
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $103,975
- Toronto municipal land transfer tax
- $127,975
- Estimated closing costs
- $231,950
Plus your down payment of $940,000. 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
- $1,216,235
- Principal paid down
- $473,225
- Interest paid
- $743,010
- Balance remaining
- $3,286,775
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
The suite is real income here: basements rent in Willowdale East (32 of 231 recent detached leases were basement units, around $2,150 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,150 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 43 whole-home leases in Willowdale East signed at a median of $7,955 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,197. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.