218 Hillcrest Avenue, Toronto, ON
Willowdale East, Toronto · MLS® C13537410
About this home
Remodelled and Renovated Remarkable 2-Storey Custom Built Home on a Wide Premium ** 56' x 133' ** Lot (7,460 Sq. Ft)! Offering about 5,800 Sq.Ft. of Luxurious Living Space (4,109 Sq. Ft. above Grade + Professionally Finished Walk-Out Basement Apartment) in Coveted HILLCREST AVE! This Upgraded and Spacious Residence Features an Elegant Remodelled California Style Facade, Magnificent Living Room with Designer Gas Fireplace and Natural Stone Mantel, Bow Window and Soaring Ceiling 18.8 Feet Height! Sophistication Flows through the Main Hallway with 26 Feet Height Including Central Skylight above, Granite Floor and Decorative Niche, Office, Formal Dining Room, Circular Staircase, Family Room with a Fireplace, a Mudroom with Access to Garage and the Side! Gourmet Kitchen and Large Sized Breakfast Walk-Out to a Big Upgraded Deck and Lovely Backyard Ideal for Family Gathering and Entertaining!! 2nd Floor Includes Breathtaking Master Bedroom with Cathedral Ceiling, Walk-In Closet, His & Hers Closets, Make-Up Desk and 6-Pc Ensuite! Other Three Bedrooms with two Full Baths and a Comfortable Laundry Room! Bright and Spacious Sun-Filled Basement Fully Renovated in 2017 >> High Ceiling and Above Grade Windows, Large Separate Apartment with 2 Bedrooms, 3-Pc Bath, Full Kitchen, Living Rm, and Family Room! While the Basement Has Potential Income or Use as a Basement Apartment, It Can Be Easily Converted for Use as a Great Entertainment Center for Family! Convenient Location with One Minute to TTC Station, Short Walk to Yonge Street and All Other Amenities. Steps Away from Best Schools: Earl Haig S.S, Hollywood P.S, Bayview M.S!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13537410
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 5 (1 half)
- Size
- 3500-5000
- Lot
- 56 × 133 ft
- Cross streets
- Yonge St / Sheppard Ave / Bayview Ave
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Available, Private Double
- Basement
- Finished with Walk-Out, Apartment
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $17,118 / 2025
- Days on market
- 9
- Listing brokerage
- RE/MAX REALTRON BIJAN BARATI REAL ESTATE
Rooms
tile floor · above grade window · built-in speakers
6 pc ensuite · walk-in closet(s) · cathedral ceiling(s)
w/o to deck · overlooks backyard · ceramic floor
4 pc bath · mirrored closet · french doors
open concept · hardwood floor · bay window
hardwood floor · crown moulding · fireplace
3 pc bath · bow window · hardwood floor
hardwood floor · led lighting · window
mirrored closet · stone floor · above grade window
ceramic floor · led lighting · crown moulding
closet · skylight · hardwood floor
3 pc ensuite · hardwood floor · walk-in closet(s)
w/o to patio · built-in speakers · above grade window
gas fireplace · bow window · hardwood floor
above grade window · led lighting · built-in speakers
hardwood floor · closet · led lighting
Listed at $2,988,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
Based on 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.98M, 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 $2.74M
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $2.69M
That comparable adjusts to $2.69M; the $3.28M estimate above is the median of all 13 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 Hillcrest Ave is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $3.28M, median of 13 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- 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
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 14% below the area average of $817/sqft.
8 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
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 Hillcrest Ave, about 76 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 17, 2026); conventional rates run a little higher.
Mortgage amount $2,390,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,756
- Property tax
- $1,427
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $14,183
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $61,175
- Toronto municipal land transfer tax
- $61,175
- Estimated closing costs
- $122,350
Plus your down payment of $597,600. 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
- $765,364
- Principal paid down
- $304,418
- Interest paid
- $460,946
- Balance remaining
- $2,085,982
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 RE/MAX REALTRON BIJAN BARATI REAL ESTATE. MLS®/PropTx.