708-15 ELLERSLIE Avenue, Toronto, ON
Willowdale West, Toronto · MLS® C13561070
About this home
Ellie Condos, built in 2024, is tucked onto Ellerslie Avenue, just off Yonge, in the heart of North York Centre. You get the entire Yonge corridor at your door, subway, Empress Walk, North York Centre, Loblaws and H Mart, without living right on top of Yonge itself. North York Centre station is a five-minute walk, with the 401 and DVP minutes away. Bright and functional, this 2+1 offers two full bathrooms across 751 sq ft, with two private balconies and west and north exposures that keep the light coming all day. It also comes with the practical wins families actually need: a standalone owned parking spot with no neighbours on either side and protective bollards guarding your car, plus a full walk-in storage locker the size of its own room, not the usual wire cage. It is a location that grows with you. Early on, a quick subway ride to U of T or TMU with the shops of Yonge at your doorstep. Later, a welcoming home for a first baby and the years that follow.Genuinely fun when you want it, and family-friendly when you need it. School choice runs deep: public and Catholic catchment schools, French Immersion and Extended French streams, and the Claude Watson and Cardinal Carter arts magnet schools within walking distance, with Toronto French Montessori steps down the street. Green space is everywhere, from Mel Lastman Square and its winter skating rink to historic Gibson Park and Museum, Dempsey Park and Northtown Park, all minutes on foot. And it is a well-served, settled street, with police and fire stations just around the corner. This is an exceptional North York address to call home!
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- C13561070
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700-799
- Cross streets
- Yonge & Ellerslie Avenue
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Front
- Maintenance
- $807/mo
- Exposure
- North West
- Property tax
- $3,884 / 2025
- Days on market
- 3
- Listing brokerage
- STRATA REAL ESTATE
Rooms
w/o to terrace · combined w/living · breakfast bar
window floor to ceiling · west view
B/I Closet
north view · b/i closet
w/o to terrace · 4 pc ensuite · west view
Listing history
- Jul 14, 2026Listed$3,000
Price and status history from the listing board. Deemed reliable but not guaranteed.
Listed at $749,900, this home is tracking about 18% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run 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 73 similar homes nearby, adjusted for size, beds, and baths.Median of 73 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $776K, 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 $669K
- Adjusts to $669K
That comparable adjusts to $669K; the $635K estimate above is the median of all 73 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 (Willowdale Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, this is a very walkable address with everyday errands close by. Yonge St. @ Norton Ave. is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $635K, median of 73 comparables.
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 7% above the area average of $934/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Willowdale West, 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: Yonge St. @ Norton Ave., about 64 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
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 $599,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,201
- Property tax
- $324
- Condo / maintenance fees
- $807
- Heating
- $0
- Estimated monthly cost
- $4,332
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,473
- Toronto municipal land transfer tax
- $11,473
- Estimated closing costs
- $22,946
Plus your down payment of $149,980. 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
- $192,084
- Principal paid down
- $76,400
- Interest paid
- $115,684
- Balance remaining
- $523,520
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
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 STRATA REAL ESTATE. MLS®/PropTx.