16 Lawnview Drive, Toronto, ON
Willowdale East, Toronto · MLS® C13516622
About this home
Highly sought after Prime GTA Location with Top-Ranked Earl Haig SS District. Situated on a quiet, tree-lined cul-de-sac. This exceptional residence offers both privacy and a safe environment for families. A grand 2-storey foyer with crystal chandelier welcomes you into elegant principal rooms, including a sun-filled grand living room with 18ft. high ceiling, a cozy family room with a gas fireplace, a well appointed private office with built-in custom shelving, and an inviting dining room connected to a spacious eat-in kitchen overlooking a beautifully landscaped garden. The second level features five generously sized bedrooms, each with its own ensuite, arranged along a bright open corridor overlooking the atrium. An oversized expansive primary suite (~500 sq.ft.) offers his & hers closets and a luxurious 6-piece ensuite with jacuzzi. A striking circular staircase and central skylight fill the home with natural light across all levels. Approx. 6,000 sq.ft. of total living space, including a professionally finished walkout basement complete with nanny suite, sauna, wet bar, and a wood burning fireplace - ideal for entertaining or extended family living. The kitchen is equipped with Italian quartz countertops, centre island, ready to drink water purifier, and enhanced by elegant crystal lighting. Additional features include: 3-car garage + driveway parking for up to 6 vehicles. Direct garage access to mudroom with sink, laundry, and powder room - perfect for pet care. Central vacuum & whole-home water softener and humidifier. New roof with new eavestrough and new roof vent for optimum air quality. In-ground sprinkler system (front & back). West facing awnings cut down summer heat. Fully fenced backyard with elevated patio and mature landscaping. It is not just a desirable luxurious home. It is a rare opportunity combining space, functionality, and prestigious location.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13516622
- Bedrooms
- 6 (5 + 1)
- Bathrooms
- 7 (1 half)
- Size
- 3500-5000
- Lot
- 63.5 × 117.58 ft
- Cross streets
- Finch Ave./Bayview Ave.
- Parking
- 3 garage · 9 parking (attached)
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone
- Foundation
- Concrete Block
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $17,533 / 2025
- Days on market
- 19
- Listing brokerage
- HOMELIFE LANDMARK REALTY INC.
Rooms
Listed at $2,400,000, this home is about 24% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
In Willowdale East lately, sellers have been getting about 95% of asking and homes sell in about 36 days.
Based on 96 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 96 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.94M, 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, sold for $2.45M
- Bathrooms +$15K
- Adjusts to $2.46M
That comparable adjusts to $2.46M; the $3.17M estimate above is the median of all 96 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
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, this is a more car-dependent spot, so buyers here typically drive. Burleigh Heights Drive is about a 3-minute walk away. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $3.17M, median of 96 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.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Income potential
- Value driver
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 32% below the area average of $829/sqft.
18 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Willowdale East, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Car-DependentA 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.
Almost all errands require a car — groceries and transit are a drive away.
🚉 Nearest transit: Burleigh Heights Drive, about 226 m away
Within a 15-minute (1.5 km) walk.
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.
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 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.
Mortgage amount $1,920,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,246
- Property tax
- $1,461
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,707
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $46,475
- Toronto municipal land transfer tax
- $46,475
- Estimated closing costs
- $92,950
Plus your down payment of $480,000. 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
- $614,750
- Principal paid down
- $244,512
- Interest paid
- $370,238
- Balance remaining
- $1,675,488
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.