2 Hayes Lane, Toronto, ON

Willowdale East, Toronto · MLS® C13531318

$1,060,000
For Sale
Listed 10 days ago
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3Bedrooms
3Bathrooms
2Garage · 3 parking
1500-2000Sq Ft

About this home

* End Unit Luxury Townhouse * Demanding Location * Steps To TTC Stop * Minutes To Finch Subway * Tandem Garage Parking Can Fit 2 Cars + 1 Driveway Parking * Main Floor: Living, Dining & Kitchen * 2nd Floor With 2 Bedrooms + Study & Laundry * 3rd Floor Master Bedroom With Walk-In Closet & 5 Pcs Ensuite * POTL Fee: $340 includes Snow Removal, Landscaping, Maintenance of Shared Roads & Water *

Key facts

Property type
Townhouse, 3-Storey
MLS®
C13531318
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000
Lot
15 × 66.04 ft
Cross streets
Bayview Ave/Finch Ave
Parking
2 garage · 3 parking (built-in)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,686 / 2026
Days on market
10
Listing brokerage
TRADEWORLD REALTY INC

Rooms

KitchenGround4.27 × 3.51 m

ceramic floor · granite counters · centre island

LaundrySecond0.00 × 0.00 m

Ceramic Floor

Bedroom 2Second3.51 × 3.40 m

broadloom · double closet · large window

Bedroom 3Second3.51 × 3.15 m

broadloom · double closet · large window

Primary BedroomThird6.10 × 3.51 m

broadloom · walk-in closet(s) · 5 pc ensuite

Living RoomGround6.35 × 3.51 m

hardwood floor · large window · combined w/dining

Dining RoomGround6.35 × 3.51 m

hardwood floor · large window · combined w/living

Listing history

  1. May 6, 2026Listed$3,500

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
In line
$899Kest. value

Listed at $1,060,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Willowdale East, so I widened the search to the surrounding area.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.68M, higher than the comparables and worth a second look.

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 $1.26M
  • Adjusts to $1.26M

That comparable adjusts to $1.26M; the $899K estimate above is the median of all 9 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 (Cummer Valley Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Finch Ave East at Maxome Ave East Side is about a 1-minute walk away.

List price
$849KGreat deal$1.10MOverpriced

Total price vs nearby homes. Fair value about $899K, median of 9 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.

  • Primary suite: a key comfort and resale feature.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.03Mavg asking

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

64 Curzon Street$1.07M175B Finch Avenue$1.10M110 Tisdale Avenue$899k32 Mendota Road$1.26M1-2A Muir Avenue$849k

The 5 closest of 8 active listings nearby.

See all comparable homes
1.06MThis home1.07M1.10M899k1.26M849kThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $979K
$606this home / sqft
78active listings nearby
10days on market

This home lists 10% below the area average of $670/sqft.

0 days faster than the Toronto average (10 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

52/ 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: Finch Ave East at Maxome Ave East Side, about 62 m away

20+ transit stops4 grocery20+ dining20+ parks11 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.

Downsview-Roding-CFB
$805K
Dorset Park
$800K
Clairlea-Birchmount
$881K
Cabbagetown-South St. James Town
$1.71M
Humber Summit
$799K

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 Finch Public School
72%
Finch Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 72% meet the provincial standard

Affordability & Mortgage

Affordability
$4,831/mo
$212KIncome needed
5.0×Price ÷ income
$1,115Weekly 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.

87%mortgage
Mortgage $4,831Property tax $724Total carry $5,555

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)
$4,525per month

Mortgage amount $848,000 · 4.14% over 25 years

$212,000Down payment (20.0%)
$848,000Loan before insurance
$0CMHC premium
$5,249Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,525
Property tax
$724
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,249

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

One-time closing costs

Ontario land transfer tax
$17,675
Toronto municipal land transfer tax
$17,675
Estimated closing costs
$35,350

Plus your down payment of $212,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,496/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

$509,573Total interest paid
$1,357,573Total of all payments
Principal $848,000 Interest $509,573
YearPrincipalInterestBalance
1$19,866$34,437$828,134
2$20,697$33,606$807,438
3$21,562$32,741$785,875
4$22,464$31,839$763,411
5$23,404$30,899$740,007
6$24,383$29,920$715,624
7$25,403$28,900$690,221
8$26,465$27,838$663,756
9$27,572$26,731$636,184
10$28,726$25,577$607,458
11$29,927$24,376$577,531
12$31,179$23,124$546,352
13$32,483$21,820$513,868
14$33,842$20,461$480,027
15$35,257$19,045$444,769
16$36,732$17,571$408,037
17$38,269$16,034$369,768
18$39,869$14,433$329,899
19$41,537$12,766$288,362
20$43,275$11,028$245,087
21$45,085$9,218$200,002
22$46,970$7,332$153,032
23$48,935$5,368$104,097
24$50,982$3,321$53,115
25$53,115$1,188$0

At the end of your 5-year term

Total paid over the term
$271,515
Principal paid down
$107,993
Interest paid
$163,522
Balance remaining
$740,007

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$3,150/mo
$37,800Gross annual rent
2.2%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.

3.6%
Gross yield
− Property tax $8,686− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $23,556

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

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