183 Holmes Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13590626

$1,988,000
For Sale
Just listed today
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5Bedrooms
4Bathrooms
1Garage · 5 parking
2000-2500Sq Ft
11 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Beautifully updated 2-storey family home on an extra-deep south-facing lot in sought-after Willowdale East. Offering approximately 3,000 sq. ft. of finished living space, this move-in-ready home features 4+1 bedrooms, 4 bathrooms, hardwood floors, crown moulding, California shutters, pot lights, and a functional layout with side entrance. Renovated kitchen with quartz countertops, stainless steel appliances, quality cabinetry, and breakfast area with walk-out to a large composite deck and private backyard. Spacious primary suite with sitting area, walk-in closet, and 5-piece ensuite. Professionally finished basement with separate entrance, walk-out, recreation room with wet bar, bedroom with walk-in closet and 3-piece ensuite, plus laundry-ideal for in-law living or income potential. Widened interlock driveway. Prime location just steps to Finch Subway, TTC, Yonge Street, parks, shops, restaurants, and top-ranked schools including Earl Haig S.S., Cummer Valley M.S., and Finch P.S., with easy access to Highways 401 and 404.

Key facts

Property type
Detached, 2-Storey
MLS®
C13590626
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
2000-2500
Lot
34 × 160 ft
Cross streets
Willowdale Ave & Finch Ave
Parking
1 garage · 5 parking (built-in)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$10,865 / 2026
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Living RoomMain5.61 × 3.06 m

hardwood floor · pot lights · california shutters

BreakfastMain3.18 × 1.89 m

ceramic floor · pot lights · california shutters

Dining RoomMain4.28 × 3.06 m

hardwood floor · crown moulding · wainscoting

Bedroom 5Basement4.27 × 3.06 m

3 pc ensuite · walk-in closet(s) · french doors

Bedroom 3Second3.81 × 3.30 m

hardwood floor · closet · california shutters

KitchenMain4.19 × 3.41 m

w/o to deck · breakfast bar · stainless steel appl

Family RoomMain5.58 × 3.10 m

hardwood floor · california shutters · irregular room

Primary BedroomSecond5.30 × 4.55 m

5 pc ensuite · walk-in closet(s) · bay window

Bedroom 2Second4.26 × 3.31 m

4 pc bath · closet · hardwood floor

Bedroom 4Second3.55 × 3.11 m

hardwood floor · closet · crown moulding

RecreationBasement7.41 × 7.23 m

wet bar · wall sconce lighting · laminate

Moe’s TakeTeam Asgarian · Broker
In line
$1.79Mest. value

Listed at $1,988,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

In Willowdale East lately, sellers have been getting about 96% of asking and homes sell in about 32 days.

Based on 89 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 89 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.77M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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, sold for $1.91M
  • Bedrooms +$30K
  • Bathrooms −$15K
  • Adjusts to $1.93M

That comparable adjusts to $1.93M; the $1.79M estimate above is the median of all 89 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

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. Wilfred Avenue is about a 4-minute walk away. Worth weighing if transit access matters to you.

List price
$1.38MGreat deal$2.04MOverpriced

Total price vs nearby homes. Fair value about $1.79M, median of 89 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.
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Primary suite: a key comfort and resale feature.
  • Income potential
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.74Mavg asking

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

65 Foch Avenue$1.90M39 Glenforest Road$2.80M39 Saddleback Court$1000k33 Sanderstead Avenue$1.25M

The 4 closest active listings nearby.

See all comparable homes
1.99MThis home1.90M2.80M1000k1.25MThis home vs active comparables
Live market pulseActive comparables in Willowdale East · median list $2.20M
$884this home / sqft
14active listings nearby
99sold nearby · 90 days
$1.88Mmedian sold price
96%of asking, on average

This home lists 3% below the area average of $908/sqft.

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

12/ 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 — groceries and transit are a drive away.

🚉 Nearest transit: Wilfred Avenue, about 284 m away

20+ transit stops5 grocery20+ dining20+ parks7 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.

Bayview Village
$1.93M
Newtonbrook East
$1.70M
Bedford Park-Nortown
$3.76M
East York
$925K
Birchcliffe-Cliffside
$1.53M

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

Affordability & Mortgage

Affordability
$9,061/mo
$377KIncome needed
5.3×Price ÷ income
$2,091Weekly 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 $9,061Property tax $905Total carry $9,966

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,487per month

Mortgage amount $1,590,400 · 4.14% over 25 years

$397,600Down payment (20.0%)
$1,590,400Loan before insurance
$0CMHC premium
$9,392Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,487
Property tax
$905
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,392

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

One-time closing costs

Ontario land transfer tax
$36,235
Toronto municipal land transfer tax
$36,235
Estimated closing costs
$72,470

Plus your down payment of $397,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,308/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

$955,689Total interest paid
$2,546,089Total of all payments
Principal $1,590,400 Interest $955,689
YearPrincipalInterestBalance
1$37,258$64,586$1,553,142
2$38,816$63,028$1,514,326
3$40,440$61,404$1,473,887
4$42,131$59,712$1,431,756
5$43,893$57,950$1,387,862
6$45,729$56,114$1,342,133
7$47,642$54,201$1,294,491
8$49,635$52,209$1,244,855
9$51,711$50,132$1,193,144
10$53,874$47,969$1,139,270
11$56,128$45,716$1,083,142
12$58,475$43,368$1,024,667
13$60,921$40,922$963,746
14$63,470$38,374$900,276
15$66,124$35,719$834,152
16$68,890$32,953$765,261
17$71,772$30,072$693,490
18$74,774$27,070$618,716
19$77,902$23,942$540,814
20$81,160$20,683$459,654
21$84,555$17,289$375,099
22$88,092$13,752$287,007
23$91,777$10,067$195,230
24$95,615$6,228$99,615
25$99,615$2,229$0

At the end of your 5-year term

Total paid over the term
$509,218
Principal paid down
$202,538
Interest paid
$306,680
Balance remaining
$1,387,862

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$4,200/mo
$50,400Gross annual rent
1.6%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.

2.5%
Gross yield
− Property tax $10,865− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $32,591

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.

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