2611-15 Ellerslie Avenue, Toronto, ON

Willowdale West, Toronto · MLS® C13522238

$508,000
For Sale
Listed 13 days ago
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2Bedrooms
2Bathrooms
0Parking
600-699Sq Ft

About this home

Luxury Ellie Condo In The Heart Of North York. Very Bright, Spacious & Functional Layout. 638 Sq.Ft OF 1 Bed + Den W/ 2 Full Baths W/ Unobstructed Sunset View. Den Can Be 2nd Bedroom. 9' Smooth Ceiling. Laminate Floor Throughout. Modern Open Concept Kitchen W/ Quartz Counters, Centre Island & S/S Appliances. Floor To Ceiling Windows. Amenities Including 24Hrs Concierge, Gym, Theatre, Game Room, Party Room, Sauna And Rooftop Deck. Perfect Location With Convenient Access To TTC & Subway At Your Door Step, Empress Walk Mall, The North York Centre, Theatre, Grocery & Hundreds Of Shopping & Dining, Minutes Driving To Highway 401 & DVP. A Must See and Buy!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13522238
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
600-699
Cross streets
Yonge St / Empress Ave
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$621/mo
Exposure
East
Property tax
$3,345 / 2026
Days on market
13
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

DenFlat2.03 × 2.80 m

laminate · 3 pc bath

BedroomFlat3.05 × 2.75 m

3 pc ensuite · b/i closet · laminate

Living RoomFlat4.00 × 3.20 m

combined w/dining · w/o to balcony · laminate

KitchenFlat3.30 × 3.20 m

stainless steel appl · laminate · centre island

Dining RoomFlat4.00 × 3.20 m

combined w/living · laminate

Moe’s TakeTeam Asgarian · Broker
Below comparables
$591Kest. value

Listed at $508,000, this home is about 14% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 18 similar homes nearby, adjusted for size, beds, and baths.Median of 18 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $636K, 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 $615K
  • Adjusts to $615K

That comparable adjusts to $615K; the $591K estimate above is the median of all 18 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 (Willowdale 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. @ Norton Ave. is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$508KGreat deal$615KOverpriced

Total price vs nearby homes. Fair value about $591K, median of 18 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.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby in Willowdale West · asking prices
$596kavg asking

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

1215-75 Canterbury Place$600k2301-15 Ellerslie Avenue$615kPH09-68 Canterbury Place$616k1207-5180 Yonge Street$635k1708-30 Canterbury Place$515k

The 5 closest of 8 active listings nearby.

See all comparable homes
508kThis home600k615k616k635k515kThis home vs active comparables
Live market pulseActive comparables in Willowdale West · median list $635K
$782this home / sqft
48active listings nearby
13days on market

This home lists 9% below the area average of $856/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 West, 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. @ Norton Ave., about 64 m away

20+ transit stops10 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 East
$441K
Banbury-Don Mills
$500K
Annex
$1.57M
Church-Yonge Corridor
$577K
Waterfront Communities C1
$672K

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 Willowdale Middle School
78%
Willowdale Middle SchoolPublic · Elementary · 1.0 km awayAbove the GTA average · 78% meet the provincial standard

Affordability & Mortgage

Affordability
$2,315/mo
$113KIncome needed
4.5×Price ÷ income
$534Weekly 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.

72%mortgage
Mortgage $2,315Property tax $279Condo fee $621Total carry $3,215

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)
$2,169per month

Mortgage amount $406,400 · 4.14% over 25 years

$101,600Down payment (20.0%)
$406,400Loan before insurance
$0CMHC premium
$3,068Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,169
Property tax
$279
Condo / maintenance fees
$621
Heating
$0
Estimated monthly cost
$3,068

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

One-time closing costs

Ontario land transfer tax
$6,635
Toronto municipal land transfer tax
$6,635
Estimated closing costs
$13,270

Plus your down payment of $101,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,634/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

$244,210Total interest paid
$650,610Total of all payments
Principal $406,400 Interest $244,210
YearPrincipalInterestBalance
1$9,521$16,504$396,879
2$9,919$16,106$386,961
3$10,334$15,691$376,627
4$10,766$15,259$365,861
5$11,216$14,808$354,645
6$11,685$14,339$342,959
7$12,174$13,850$330,785
8$12,683$13,341$318,102
9$13,214$12,810$304,888
10$13,767$12,258$291,121
11$14,342$11,682$276,779
12$14,942$11,082$261,836
13$15,567$10,457$246,269
14$16,219$9,806$230,050
15$16,897$9,127$213,153
16$17,604$8,421$195,550
17$18,340$7,684$177,210
18$19,107$6,917$158,102
19$19,906$6,118$138,196
20$20,739$5,285$117,457
21$21,607$4,418$95,850
22$22,510$3,514$73,340
23$23,452$2,572$49,888
24$24,433$1,591$25,455
25$25,455$570$0

At the end of your 5-year term

Total paid over the term
$130,122
Principal paid down
$51,755
Interest paid
$78,367
Balance remaining
$354,645

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
2.1%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.

4.8%
Gross yield
− Property tax $3,345− Condo fees $7,450− Insurance $600− Vacancy & upkeep $2,706Net operating income $10,499

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

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