Lower-114 Empress Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13575732

$1,895/mo
For Lease
Listed 1 day ago
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2Bedrooms
1Bathrooms
1Parking
700-1100Sq Ft

About this home

This spacious and bright 2-bedroom, 1-bathroom basement apartment offers a functional layout with a large, modern eat-in kitchen featuring stainless steel appliances, including a refrigerator, stove with hood fan, oversized sink, stylish backsplash, and ample cabinetry for storage. The unit also includes a separate living room, a well-appointed 4-piece bathroom, and the convenience of an in-suite washer and dryer. One parking space is available on the east side of the driveway for an additional $100/month. Ideally located within the highly sought-after school catchment for Earl Haig Secondary School, McKee Public School, and Bayview Middle School. Enjoy exceptional convenience with just a five-minute walk to the subway and Yonge Street, offering an abundance of restaurants, cafés, shopping, grocery stores, and other everyday amenities. A fantastic opportunity to live in one of North York's most desirable neighbourhoods with easy access to transit, parks, schools, and all urban conveniences. Photos are from the previous listing.

Key facts

Property type
Detached, Sidesplit 3
MLS®
C13575732
Bedrooms
2
Bathrooms
1
Size
700-1100
Cross streets
Yonge St & Empress Ave
Parking
1 parking
Driveway
Available
Basement
Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Days on market
1
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

KitchenLower4.67 × 3.68 m

tile floor · stainless steel appl · eat-in kitchen

Bedroom 2Lower3.77 × 2.93 m

broadloom · closet · window

BedroomLower4.42 × 3.14 m

broadloom · closet · window

Dining RoomLower4.67 × 3.68 m

tile floor · combined w/kitchen · window

Living RoomLower3.83 × 3.30 m

tile floor · window

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent leases and give you a straight answer on what it will really take.

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 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby in Willowdale East · asking prices
$1,950avg asking

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

95 byng Avenue$1,650166 Maplehurst Avenue$2,150BACK-79 MCKEE Avenue$2,500Lower-L-248 Dunview Avenue$2,50097 Byng Avenue$950

The 5 closest of 6 active listings nearby.

See all comparable homes
1,895This home1,6502,1502,5002,500950This home vs active comparables
Live market pulseActive comparables in Willowdale East · median list $2K
13active listings nearby
1days on market

0 days faster than the Toronto average (1 days).

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.

Getting around

81/ 100

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 351 m away

20+ transit stops11 grocery20+ dining20+ parks20+ pharmacies

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.

Willowdale West
$4K
Wexford-Maryvale
$2K
Bendale
$2K
Islington-City Centre West
$3K
West Hill
$3K

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
$9/mo
$4KIncome needed
0.5×Price ÷ income
$2Weekly 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 $9Property tax $1Total carry $10

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8per month

Mortgage amount $1,516 · 4.14% over 25 years

$379Down payment (20.0%)
$1,516Loan before insurance
$0CMHC premium
$9Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9

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

One-time closing costs

Ontario land transfer tax
$9
Toronto municipal land transfer tax
$9
Estimated closing costs
$19

Plus your down payment of $379. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10/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

$911Total interest paid
$2,427Total of all payments
Principal $1,516 Interest $911
YearPrincipalInterestBalance
1$36$62$1,480
2$37$60$1,443
3$39$59$1,405
4$40$57$1,365
5$42$55$1,323
6$44$53$1,279
7$45$52$1,234
8$47$50$1,187
9$49$48$1,137
10$51$46$1,086
11$54$44$1,032
12$56$41$977
13$58$39$919
14$61$37$858
15$63$34$795
16$66$31$729
17$68$29$661
18$71$26$590
19$74$23$516
20$77$20$438
21$81$16$358
22$84$13$274
23$87$10$186
24$91$6$95
25$95$2$0

At the end of your 5-year term

Total paid over the term
$485
Principal paid down
$193
Interest paid
$292
Balance remaining
$1,323

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 HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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