108 Empress Avenue, Toronto, ON
Willowdale East, Toronto · MLS® C13554886
About this home
A Rare Opportunity to Own a Truly One-of-a-Kind Luxury Residence in Prestigious Willowdale. This professionally renovated residence offers exceptional craftsmanship, timeless character. The spectacular cottage-inspired Family Room is truly the heart of the home, featuring soaring wood-beamed ceilings, natural stone flooring, a stunning floor-to-ceiling stone fireplace, oversized windows, and walk-outs to the professionally landscaped backyard. The warm architectural details create the perfect balance of luxury and comfort, making it a space unlike anything found in most Willowdale homes.The split-level interior design naturally separates each living area, providing enhanced privacy while maintaining excellent flow throughout the home.The grand Primary Retreat occupies its own private upper level and is undoubtedly one of the home's most impressive features. Dramatic cathedral ceilings, abundant skylights, and recessed pot lights flood the room with natural light, creating an extraordinary sense of openness and airiness. Complete with custom built-in cabinetry, a gas fireplace, direct access to a private balcony, and a luxurious 6-piece ensuite with heated floors, this exceptional suite offers the feeling of a boutique luxury hotel.The finished lower level features a separate entrance, spacious recreation room, additional bedroom with ensuite, and outstanding flexibility for extended family, guests, nanny suite, or home office. The beautifully landscaped backyard offers multiple stone patios, lush greenery, and exceptional privacy-an ideal setting for outdoor entertaining or peaceful relaxation. an impressive estate-like presence. Located in one of North York's most prestigious neighbourhoods, surrounded by luxury custom homes, parks, transit, and top-ranked schools including Earl Haig Secondary School.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- C13554886
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000
- Lot
- 50.06 × 128.15 ft
- Cross streets
- Finch/Yonge/Sheppard
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Available
- Basement
- Separate Entrance, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $14,267 / 2026
- Days on market
- 4
- Listing brokerage
- HOMELIFE LANDMARK REALTY INC.
Rooms
hardwood floor · halogen lighting · crown moulding
cathedral ceiling(s) · crown moulding · closet
hardwood floor · halogen lighting · above grade window
hardwood floor · b/i shelves · bow window
4 pc bath · crown moulding · closet
combined w/family · wall sconce lighting · stone floor
hardwood floor · halogen lighting · pantry
6 pc ensuite · gas fireplace · w/o to balcony
3 pc ensuite · hardwood floor · above grade window
crown moulding · halogen lighting · closet
stone floor · gas fireplace · w/o to garden
Listed at $2,688,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 48 similar homes nearby, adjusted for size, beds, and baths.Median of 48 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.50M, 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 $2.22M
- Bedrooms +$30K
- Adjusts to $2.25M
That comparable adjusts to $2.25M; the $2.33M estimate above is the median of all 48 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 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.
On location, this is a very walkable address with everyday errands close by. Willowdale Ave at Empress Ave is about a 5-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $2.33M, median of 48 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Heated floors: comfort and a premium-finish signal.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Income potential
- Value driver
- Lifestyle
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 8% above the area average of $908/sqft.
3 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
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: Willowdale Ave at Empress Ave, about 392 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 $2,150,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,475
- Property tax
- $1,189
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,664
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $53,675
- Toronto municipal land transfer tax
- $53,675
- Estimated closing costs
- $107,350
Plus your down payment of $537,600. 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
- $688,520
- Principal paid down
- $273,854
- Interest paid
- $414,666
- Balance remaining
- $1,876,546
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 HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.