509-37 Avondale Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13487572

$999,000
For Sale
Listed 22 days ago
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3Bedrooms
3Bathrooms
1Garage
1400-1599Sq Ft

About this home

Simply stunning Henley model executive townhome near Yonge & Sheppard in the prestigious Carriage Homes of Avondale. This beautifully updated and newly painted 3-storey residence designed by Lynde Tilson offers 3 bedrooms, 3 baths, and a bright, functional layout designed for comfortable upscale living. Luxurious features and attention to detail throughout include quartz and porcelain finishes, hardwood floors, pot lights, gas fireplace, custom built-in cabinetry, French doors, and stylish renovated bathrooms. The modern kitchen features top-of-the-line appliances, custom cabinetry, and quality finishes, while the open-concept living and dining areas are perfect for everyday living and entertaining. The spacious primary retreat includes a 5-piece ensuite and his-and-hers walk-in closets. Also featuring a private sauna for the ultimate spa-like retreat. Enjoy direct underground parking access, extra storage, and a private Patio, ideal for outdoor dining and relaxation. Steps to Sheppard subway, parks, trails, shopping, groceries, restaurants, and major highways. Truly a must-see home in one of North York's most desirable communities.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
C13487572
Bedrooms
3
Bathrooms
3 (1 half)
Size
1400-1599
Cross streets
Yonge & Sheppard
Parking
1 garage (underground)
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Maintenance
$625/mo
Exposure
East
Property tax
$5,174 / 2025
Days on market
22
Listing brokerage
TARGET ONE REALTY POINT

Rooms

Bedroom 2Second2.70 × 4.30 m

hardwood floor · large closet · large window

Dining RoomMain5.27 × 3.48 m

hardwood floor · pot lights · combined w/kitchen

KitchenMain5.27 × 3.48 m

quartz counter · stainless steel appl · centre island

Living RoomMain3.85 × 3.70 m

hardwood floor · fireplace · colonial doors

Primary BedroomThird3.13 × 5.93 m

hardwood floor · 5 pc ensuite · his and hers closets

Bedroom 3Second3.18 × 2.69 m

hardwood floor · large closet · large window

Moe’s TakeTeam Asgarian · Broker
Above comparables
$943Kest. value

Listed at $999,000, this home is about 6% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $872K, 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 $799K
  • Bedrooms −$30K
  • Adjusts to $769K

That comparable adjusts to $769K; the $943K estimate above is the median of all 7 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 (Claude Watson School for the Arts) 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 at Avondale Ave North Side is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$932KGreat deal$999KOverpriced

Total price vs nearby homes. Fair value about $943K, median of 7 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$851kavg asking

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

8-1 Bastedo Avenue$900k86-20 Jackson Avenue$895k62 Jenny Wrenway$880k240-11 Applewood Lane$799k8-201 Tenth Street$780k

The 5 closest of 7 active listings nearby.

See all comparable homes
999kThis home900k895k880k799k780kThis home vs active comparables
Live market pulseActive comparables in Willowdale East · median list $1.03M
$666this home / sqft
6active listings nearby
22days on market

This home lists 7% above the area average of $625/sqft.

19 days longer than the Toronto average (3 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

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 at Avondale Ave North Side, about 171 m away

20+ transit stops7 grocery20+ dining20+ parks16 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.

Don Valley Village
$720K
Hillcrest Village
$677K
L'Amoreaux
$600K
Victoria Village
$782K
Humbermede
$509K

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 Claude Watson School for the Arts
96%
Claude Watson School for the ArtsPublic · Elementary · 0.8 km awayAmong the top in the GTA · 96% meet the provincial standard

Affordability & Mortgage

Affordability
$4,553/mo
$202KIncome needed
4.9×Price ÷ income
$1,051Weekly 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.

81%mortgage
Mortgage $4,553Property tax $431Condo fee $625Total carry $5,609

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)
$4,265per month

Mortgage amount $799,200 · 4.14% over 25 years

$199,800Down payment (20.0%)
$799,200Loan before insurance
$0CMHC premium
$5,321Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,265
Property tax
$431
Condo / maintenance fees
$625
Heating
$0
Estimated monthly cost
$5,321

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

One-time closing costs

Ontario land transfer tax
$16,455
Toronto municipal land transfer tax
$16,455
Estimated closing costs
$32,910

Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,180/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

$480,248Total interest paid
$1,279,448Total of all payments
Principal $799,200 Interest $480,248
YearPrincipalInterestBalance
1$18,722$32,455$780,478
2$19,506$31,672$760,972
3$20,322$30,856$740,650
4$21,172$30,006$719,479
5$22,057$29,121$697,422
6$22,980$28,198$674,442
7$23,941$27,237$650,501
8$24,942$26,236$625,559
9$25,986$25,192$599,573
10$27,073$24,105$572,500
11$28,205$22,973$544,295
12$29,385$21,793$514,911
13$30,614$20,564$484,297
14$31,894$19,284$452,402
15$33,229$17,949$419,174
16$34,618$16,560$384,555
17$36,066$15,111$348,489
18$37,575$13,603$310,914
19$39,147$12,031$271,767
20$40,784$10,394$230,983
21$42,490$8,688$188,493
22$44,267$6,910$144,225
23$46,119$5,059$98,106
24$48,048$3,130$50,058
25$50,058$1,120$0

At the end of your 5-year term

Total paid over the term
$255,890
Principal paid down
$101,778
Interest paid
$154,111
Balance remaining
$697,422

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$4,750/mo
$57,000Gross annual rent
3.7%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.

5.7%
Gross yield
− Property tax $5,174− Condo fees $7,500− Insurance $600− Vacancy & upkeep $6,270Net operating income $37,456

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

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