PH506-33 Empress Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13538648

$4,000/mo
For Lease
Listed 14 days ago
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3Bedrooms
2Bathrooms
2Garage
1200-1399Sq Ft

About this home

Direct Access To Underground TTC, Loblaws and Theatre. Rarely offered Penthouse Suite in the Catchment area of Top Schools (McKee P.S, St Cyril C.S, Earl Haig S.S). This 2 Bed + Den (3.45M X 3.72 M) & 2 Full Bath Unit with Ensuite Laundry & Parking (option for 2nd parking with a fee) + Visitor Parking available + Water. Features Bright and Sunny south facing city Views, Updated Washer and Dryer, Laminate Flooring. Primary Bedroom Boasts Walk-In Closet And 5 Pc Ensuite. Just Minutes From 401, North York Centre.. Building Amenities: 24Hr Concierge, Gym. Sauna, Party Room, Library.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13538648
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1200-1399
Cross streets
Empress/Yonge
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Exposure
South
Days on market
14
Listing brokerage
RIGHT AT HOME REALTY

Rooms

FoyerFlat2.70 × 2.50 m

Ceramic Floor

DenFlat3.75 × 3.45 m

Hardwood Floor

Dining RoomFlat6.89 × 3.45 m

hardwood floor · combined w/living

Bedroom 2Flat4.24 × 2.38 m

hardwood floor · closet · south view

Living RoomFlat6.89 × 3.45 m

hardwood floor · south view

Primary BedroomFlat5.15 × 3.20 m

hardwood floor · 5 pc ensuite · south view

Moe’s TakeTeam Asgarian · Broker
Above comparables
$3,752/moest. value

Listed at $4,000/mo, this rental is about 7% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In Willowdale East lately, landlords have been getting about 99% of asking and homes lease in about 20 days.

Based on 43 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 43 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

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, leased for $3,600/mo
  • Adjusts to $3,600/mo

That comparable adjusts to $3,600/mo; the $3,752/mo estimate above is the median of all 43 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

On schools, this address is zoned for Earl Haig Secondary 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.

List price
$3,627/moBelow market$4,000/moAbove market

Total price vs nearby homes. Fair value about $3,752/mo, median of 43 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. Lifestyle
Comparable listingsCurrently listed nearby in Willowdale East · asking prices
$3,540avg asking

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

903-30 Greenfield Avenue$4,0001716-17 Anndale Drive$3,5501516-17 Anndale Drive$3,5001605-8 Mckee Avenue$3,300212-10 Northtown Way$3,350

The 5 closest of 7 active listings nearby.

See all comparable homes
4,000This home4,0003,5503,5003,3003,350This home vs active comparables
Live market pulseActive comparables in Willowdale East · median list $3K
13active listings nearby
14days on market
100leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bayview Village
$3K
Mount Pleasant West
$2K
Annex
$2K
North St. James Town
$2K
Bay Street Corridor
$2K

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 McKee Public School
86%
McKee Public SchoolPublic · Elementary · 0.5 km awayHigher-rated than most nearby · 86% meet the provincial standard
Avondale Elementary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$18/mo
$5KIncome needed
0.9×Price ÷ income
$4Weekly 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.

88%mortgage
Mortgage $18Property tax $3Total carry $21

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$17per month

Mortgage amount $3,200 · 4.14% over 25 years

$800Down payment (20.0%)
$3,200Loan before insurance
$0CMHC premium
$20Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$20

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

One-time closing costs

Ontario land transfer tax
$20
Toronto municipal land transfer tax
$20
Estimated closing costs
$40

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

Mortgage stress test

6.14%Qualifying rate
$21/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

$1,923Total interest paid
$5,123Total of all payments
Principal $3,200 Interest $1,923
YearPrincipalInterestBalance
1$75$130$3,125
2$78$127$3,047
3$81$124$2,966
4$85$120$2,881
5$88$117$2,792
6$92$113$2,700
7$96$109$2,605
8$100$105$2,505
9$104$101$2,401
10$108$97$2,292
11$113$92$2,179
12$118$87$2,062
13$123$82$1,939
14$128$77$1,811
15$133$72$1,678
16$139$66$1,540
17$144$61$1,395
18$150$54$1,245
19$157$48$1,088
20$163$42$925
21$170$35$755
22$177$28$577
23$185$20$393
24$192$13$200
25$200$4$0

At the end of your 5-year term

Total paid over the term
$1,025
Principal paid down
$408
Interest paid
$617
Balance remaining
$2,792

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.

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

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