176 Princess Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13485868

$3,988,888
For Sale
Listed 23 days ago
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5Bedrooms
7Bathrooms
2Garage · 6 parking
3500-5000Sq Ft

About this home

This Modern Contemporary Custom Home Boasts Luxury & Style! Feels Like a 3 -Storey Home! Premium Craftsmanship with Approx. 5,400 Sq.Ft of Bright & Elegant Living Space (On 3 Levels Includes Basement). The Home Features A Modern Facade Combination of ACM Panels & Synthetic Natural Stone w/ a Artificial Slate Roof (50 years warranty)! Large Picture Frame Windows, Providing Ample Natural Light! A Combo of Natural White Oak Engineered Wood & Porcelain Flooring Throughout. Heated Floors in All Washrooms & Basement! Led Potlights, Designer Accent Walls. High-End Mouldings & Millwork! Remarkable Designed Washrms! Soaring Ceiling Heights: Foyer & Office:13', 1st Flr, 9 to 10' on 2nd Flr: 9', Lower Rec: 10 to 11'. Gourmet Chef Inspired Kitchen with Quality Rich Modern Cabinets, State-Of-The-Art Appliances, Breakfast Area, W/O to Family Sized Concrete Terrace Overlooking The Natural Green Landscaped Backyard w/Firepit. Spacious Living & Dining Rm with Cof Celing & Ambient Lights & A Gorgeous Designed Wet-Bar Servery To Bring It All Together! Family Rm With Unique Stone Accent Wall and Fireplace. Going to the 2nd Floor With An Elevator Into a Bright Hallway w/ 2 Skylights. The Master Bedroom Includes 9-Pc Spa-Like Ensuite with Steam Shower & A Grand Walk-In Closet With Island & Window! Open Rising Main Staircase with 3" Run's Thickness, and Tempered Glass Railing! Finished Heated Floors w/ a Real Walk-Out Basement w/ Huge Windows & Sliding Doors, Rec Rm With a Wet Bar Includes B/I Shelves, A Huge Island, S/S Beverage Cooler, S/S Sink, & A Gas Fireplace, Nanny Rm, 4PC Bath, 2nd Laundry & A Dry Sauna. Convenient Located>> Steps Away from Yonge St, North York Centre, Transit, Empress Walk, Top Tier Schools (Earl Haig S.S, Mckee & Hollywood P.S), Mitchell Field Community Centre with Indoor&Outdoor Amenities! Control 4 Smart Home System & 8 Cameras Surveillance in Place. This Home Shows Amazing, DON'T LET YOUR CLIENTS MISS THIS ONE! This is Where Luxury Meets Comfort & Quality!

Key facts

Property type
Detached, 2-Storey
MLS®
C13485868
Bedrooms
5 (4 + 1)
Bathrooms
7 (2 half)
Size
3500-5000
Lot
50 × 130.08 ft
Cross streets
Yonge and Sheppard
Parking
2 garage · 6 parking (built-in)
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Metal/Steel Siding
Foundation
Poured Concrete
Roof
Slate
Sewer
Sewer
Property tax
$22,291 / 2025
Days on market
23
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Living RoomMain6.03 × 3.62 m

open concept · large window · combined w/dining

Dining RoomMain6.03 × 3.62 m

b/i bar · combined w/living · combined w/living

Bedroom 2Upper6.70 × 3.81 m

4 pc ensuite · overlooks frontyard

RecreationLower8.68 × 5.45 m

walk-out · gas fireplace · wet bar

Family RoomMain6.15 × 5.63 m

gas fireplace · combined w/kitchen · large window

BedroomUpper7.49 × 4.08 m

7 pc ensuite · walk-in closet(s) · overlooks backyard

BreakfastMain4.45 × 2.04 m

overlooks backyard · balcony · combined w/family

Bedroom 3Upper6.79 × 3.93 m

4 pc ensuite · walk-in closet(s) · overlooks frontyard

OfficeMain3.69 × 3.44 m

glass doors · b/i desk · b/i bookcase

BedroomLower3.41 × 3.32 m

4 pc ensuite · b/i closet

FoyerUpper5.48 × 3.35 m

elevator · skylight

KitchenMain6.13 × 5.15 m

centre island · b/i appliances · custom counter

Bedroom 4Upper5.63 × 4.38 m

3 pc ensuite · walk-in closet(s) · overlooks frontyard

Moe’s TakeTeam Asgarian · Broker
In line
$3.99Mest. value

Listed at $3,988,888, 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 $4.21M, a close match.

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 $3.15M
  • Bathrooms +$15K
  • Adjusts to $3.17M

That comparable adjusts to $3.17M; the $3.99M 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.

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.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Willowdale Ave at Empress Ave is about a 2-minute walk away.

List price
$3.41MGreat deal$4.01MOverpriced

Total price vs nearby homes. Fair value about $3.99M, 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.

  • Walk-out basement: natural light and strong in-law or income potential.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Heated floors: comfort and a premium-finish signal.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Primary suite: a key comfort and resale feature.
  • Income potential
  • Value driver
  • Lifestyle
  • Worth verifying
Comparable listingsCurrently listed nearby in Willowdale East · asking prices
$3.78Mavg asking

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

356 Hillcrest Avenue$3.99M299 Spring Garden Avenue$4.00M164 Norton Avenue$4.39M209 Spring Garden Avenue$3.40M128 Anndale Drive$3.15M

The 5 closest active listings nearby.

See all comparable homes
3.99MThis home3.99M4.00M4.39M3.40M3.15MThis home vs active comparables
Live market pulseActive comparables in Willowdale East · median list $3.39M
$939this home / sqft
15active listings nearby
23days on market

This home lists 12% above the area average of $840/sqft.

22 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

68/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Willowdale Ave at Empress Ave, about 132 m away

20+ transit stops12 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.

Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M
Downsview-Roding-CFB
$1.06M
Wexford-Maryvale
$865K
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 Hollywood Public School
96%
Hollywood Public SchoolPublic · Elementary · 1.0 km awayAmong the top in the GTA · 96% meet the provincial standard
Avondale Elementary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$18,180/mo
$755KIncome needed
5.3×Price ÷ income
$4,195Weekly 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.

91%mortgage
Mortgage $18,180Property tax $1,858Total carry $20,038

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)
$17,029per month

Mortgage amount $3,191,110 · 4.14% over 25 years

$797,778Down payment (20.0%)
$3,191,110Loan before insurance
$0CMHC premium
$18,887Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17,029
Property tax
$1,858
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$18,887

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

One-time closing costs

Ontario land transfer tax
$86,197
Toronto municipal land transfer tax
$96,086
Estimated closing costs
$182,283

Plus your down payment of $797,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$20,683/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

$1,917,574Total interest paid
$5,108,685Total of all payments
Principal $3,191,110 Interest $1,917,574
YearPrincipalInterestBalance
1$74,757$129,591$3,116,354
2$77,884$126,464$3,038,470
3$81,141$123,206$2,957,329
4$84,535$119,812$2,872,793
5$88,071$116,276$2,784,722
6$91,755$112,592$2,692,966
7$95,593$108,754$2,597,373
8$99,592$104,756$2,497,781
9$103,758$100,590$2,394,024
10$108,098$96,250$2,285,926
11$112,619$91,728$2,173,307
12$117,330$87,018$2,055,977
13$122,238$82,110$1,933,739
14$127,351$76,997$1,806,389
15$132,678$71,670$1,673,711
16$138,227$66,120$1,535,484
17$144,009$60,338$1,391,475
18$150,033$54,315$1,241,442
19$156,308$48,039$1,085,134
20$162,847$41,501$922,287
21$169,658$34,689$752,629
22$176,755$27,593$575,874
23$184,148$20,199$391,726
24$191,851$12,497$199,876
25$199,876$4,472$0

At the end of your 5-year term

Total paid over the term
$1,021,737
Principal paid down
$406,389
Interest paid
$615,348
Balance remaining
$2,784,722

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
1.4%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.

2.2%
Gross yield
− Property tax $22,291− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $54,807

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

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