351 Byng Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13537412

$2,899,000
For Sale
Listed 9 days ago
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5Bedrooms
5Bathrooms
2Garage · 6 parking
3000-3500Sq Ft

About this home

Premium 78.6' Frontage In Prime Willowdale! Exceptional 7,488 Sq.Ft. Lot With Approx. 78.6 Ft Frontage (Per Registered Survey), Offering Excellent Redevelopment Potential. Ideal Opportunity To Build Two Luxury Detached Homes, Subject To Buyer's Own Due Diligence And Municipal Approvals. Existing Well-Maintained Residence Features Two Ensuite Bathrooms, Two Fireplaces, A Service Staircase With Separate Basement Entrance, Central Vacuum, And Parking For Up To Six Vehicles. Numerous Recent Updates Include A New Roof (2024), Furnace (2024), Refrigerator (2024), Most Faucets (2025), Microwave (2026), Select LED Light Fixtures (2026), Fresh Interior Paint, A Newly Painted Deck, And Mature Landscaping. Original Windows Are Included In As-Is Condition. An Outstanding Opportunity For Builders, Investors, Or End Users Seeking A Premium Development Lot In One Of North York's Most Prestigious Neighbourhoods, Close To Top-Ranked Schools, Parks, Transit, Shopping, And All Amenities.

Key facts

Property type
Detached, 2-Storey
MLS®
C13537412
Bedrooms
5 (4 + 1)
Bathrooms
5 (1 half)
Size
3000-3500
Lot
78 × 96.17 ft
Cross streets
Bayview & Finch South
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$15,031 / 2026
Days on market
9
Listing brokerage
CENTURY 21 NEW CONCEPT

Rooms

Common RoomLower4.60 × 4.60 m

Window

KitchenGround5.94 × 3.66 m

w/o to deck · family size kitchen · pot lights

Living RoomGround5.63 × 4.65 m

hardwood floor · bay window · moulded ceiling

Common RoomLower8.60 × 9.60 m

Window

Family RoomGround6.62 × 4.12 m

hardwood floor · brick fireplace · south view

Bedroom 4Second3.66 × 3.34 m

hardwood floor · double closet · intercom

Dining RoomGround4.73 × 3.66 m

hardwood floor · moulded ceiling · combined w/living

OfficeGround4.12 × 3.81 m

b/i bookcase · led lighting · window

Bedroom 2Second4.12 × 3.20 m

4 pc ensuite · double closet · window

Bedroom 3Second3.66 × 3.34 m

hardwood floor · double closet · window

RecreationLower10.02 × 4.78 m

wet bar · window

Primary BedroomSecond5.48 × 4.65 m

6 pc ensuite · walk-in closet(s) · hardwood floor

Moe’s TakeTeam Asgarian · Broker
Above comparables
$2.73Mest. value

Listed at $2,899,000, 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 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.71M, 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 $2.68M
  • Bedrooms +$30K
  • Adjusts to $2.71M

That comparable adjusts to $2.71M; the $2.73M estimate above is the median of all 12 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 (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. Bayview Ave at Byng Ave South Side is about a 1-minute walk away. Worth weighing if transit access matters to you.

List price
$2.68MGreat deal$2.90MOverpriced

Total price vs nearby homes. Fair value about $2.73M, median of 12 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.

  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Development potential: upside only if zoning permits, verify with the city before relying on it.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Worth verifying
  • Weigh carefully
Comparable listingsCurrently listed nearby in Willowdale East · asking prices
$2.92Mavg asking

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

125 Kingsdale Avenue$3.19M150 Norton Avenue$2.95M112 Alfred Avenue$3.00M116 Church Avenue$2.80M255 Willowdale Avenue$2.68M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.90MThis home3.19M2.95M3.00M2.80M2.68MThis home vs active comparables
Live market pulseActive comparables in Willowdale East · median list $2.95M
$892this home / sqft
24active listings nearby
9days on market

This home lists 7% above the area average of $837/sqft.

8 days longer than the Toronto average (1 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

18/ 100

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.

🚉 Nearest transit: Bayview Ave at Byng Ave South Side, about 35 m away

20+ transit stops

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.

Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M
Wexford-Maryvale
$865K
Downsview-Roding-CFB
$1.06M
High Park-Swansea
$4.99M

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 · 0.3 km awayAround the GTA average · 72% meet the provincial standard

Affordability & Mortgage

Affordability
$13,213/mo
$546KIncome needed
5.3×Price ÷ income
$3,049Weekly 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.

91%mortgage
Mortgage $13,213Property tax $1,253Total carry $14,465

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$12,376per month

Mortgage amount $2,319,200 · 4.14% over 25 years

$579,800Down payment (20.0%)
$2,319,200Loan before insurance
$0CMHC premium
$13,629Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,376
Property tax
$1,253
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,629

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

One-time closing costs

Ontario land transfer tax
$58,950
Toronto municipal land transfer tax
$58,950
Estimated closing costs
$117,900

Plus your down payment of $579,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$15,032/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

$1,393,634Total interest paid
$3,712,834Total of all payments
Principal $2,319,200 Interest $1,393,634
YearPrincipalInterestBalance
1$54,331$94,182$2,264,869
2$56,603$91,910$2,208,266
3$58,971$89,542$2,149,295
4$61,438$87,076$2,087,857
5$64,008$84,506$2,023,849
6$66,685$81,828$1,957,164
7$69,474$79,039$1,887,690
8$72,380$76,133$1,815,310
9$75,408$73,106$1,739,902
10$78,562$69,951$1,661,340
11$81,848$66,665$1,579,492
12$85,272$63,242$1,494,220
13$88,839$59,675$1,405,382
14$92,554$55,959$1,312,827
15$96,426$52,087$1,216,401
16$100,459$48,054$1,115,942
17$104,661$43,852$1,011,281
18$109,039$39,474$902,242
19$113,600$34,913$788,642
20$118,352$30,162$670,290
21$123,302$25,211$546,987
22$128,460$20,054$418,528
23$133,833$14,680$284,694
24$139,431$9,082$145,263
25$145,263$3,250$0

At the end of your 5-year term

Total paid over the term
$742,567
Principal paid down
$295,351
Interest paid
$447,216
Balance remaining
$2,023,849

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$6,300/mo
$75,600Gross annual rent
1.8%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.

2.6%
Gross yield
− Property tax $15,031− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $50,853

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 NEW CONCEPT. MLS®/PropTx.

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