221 Grandview Way, Toronto, ON

Willowdale East, Toronto · MLS® C13616544

$1,089,000
For Sale
Listed 82 days agoNo offer date stated
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3+1Bedrooms
3Bathrooms
2Garage
1800-1999Sq ft

About this home

In short

  • Rare Townhouse in High Demanded Yonge and Finch Area.
  • Steps to Finch Subway, Public Transit, Shopping.
  • Open concept Living and Dining Rm.
  • 3 Spacious Bedrooms + Den, 2 Full Bathrooms + 1 Powder Rm including 4pc primary Bathroom.
  • 24 Hours Gatehouse Security.

Location, Location! Rare Townhouse in High Demanded Yonge and Finch Area. High Ranking Schools. Best Best Schools : Mckee elementary school and Earl Haig Secondary School. Great South View, Natural Light. Approx 1,900 sqft. Steps to Finch Subway, Public Transit, Shopping. Restaurants, Banks, Parks, Arena, Community Centre. Everything you need within walking distance. Open concept Living and Dining Rm. 3 Spacious Bedrooms + Den, 2 Full Bathrooms + 1 Powder Rm including 4pc primary Bathroom. New Paints, Modern LED Light Fixture. 24 Hours Gatehouse Security. Underground Two Parking Space & One Locker.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
C13616544
Bedrooms
3+1 (4 total)
Bathrooms
3 (1 half)
Size
1800-1999 sq ft
Cross streets
Yonge / Church Ave
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,142/mo
Exposure
South
Property tax
$5,763 / 2026
Days on market
82
Listing brokerage
CENTURY 21 MYPRO REALTY

Rooms

Bedroom 2Third4.85 × 2.67 m

closet · large window · south view

Living RoomMain4.62 × 3.23 m

combined w/dining · open concept · south view

Bedroom 3Third4.55 × 2.77 m

closet · large window · south view

Dining RoomMain4.62 × 3.23 m

combined w/living · open concept · wood

KitchenMain4.62 × 3.28 m

ceramic floor · breakfast bar · open concept

Primary BedroomSecond7.26 × 5.54 m

w/o to balcony · 3 pc ensuite · south view

DenThird3.90 × 3.00 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.05Mlikely sale price

Listed at $1,089,000. Going by how homes in Willowdale East and the wider GTA have actually closed against their asking prices (about 97%, 12 local closings in 90 days), the likely sale price is near $1.05M, if it sells. A realistic range is $994K to $1.14M.

Independent value check: $983K. Without looking at the asking price, our model values the home itself about 10% below the ask (homes like it typically land between $915K and $1.03M).

Why $983K. The typical townhouse sold in Willowdale East over the past year went for about $853K (54 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $5,763 a year; the typical home sold here pays about $4,700.
  • ▲ Raises itIt is 1,800 to 1,999 sq ft; the typical home sold here is 1,400 to 1,599.
  • ▲ Raises it slightlyIts maintenance fee is $1,142 a month; the typical unit sold here pays about $780.
List price
$994KBelow recent closings$1.14MAbove recent closings

Total price vs nearby homes. Likely closing about $1.05M, from 12 recent closings in this pocket.

The market behind the math:

12sold nearby · 90 days
$928Kmedian sold price
99%of asking, on average
+21%prices vs a year ago
~56 dayshomes like this take to sell
82days on market so far
$3,932/moest. rent · 12 leases
4.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.8 months of inventory: 7 condo townhouse homes for sale in the area against 12 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $573/sqft against an area asking average of $598/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $971K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($573/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 10 homes sold in this building over the past two years, from 124 closings in Willowdale East.

Sold price trend

Median sold price for condo townhouses in Toronto: $684K in September 2026, down 3% from a year ago, on 1,425 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$702K150
November 2025$709K130
December 2025$705K63
January 2026$695K77
February 2026$728K104
March 2026$715K121
April 2026$711K147
May 2026$726K131
June 2026$706K132
July 2026$683K156
August 2026$669K116
September 2026$684K98

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.

St. Andrew-Windfields
$929K
Downsview-Roding-CFB
$699K
Victoria Village
$754K
Casa Loma
$2.80M
Dorset Park
$671K

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 · 0.1 km awayHigher-rated than most nearby · 86% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Cyril Catholic School · Catholic elementary0.5 km · 90% at standard
Claude Watson School for the Arts · Public elementary1.0 km · 96% at standard
Cardinal Carter ES · Catholic elementary1.2 km
Cardinal Carter Academy for the Arts · Catholic secondary1.2 km · 92% at standard
Willowdale Middle School · Public elementary1.3 km · 78% at standard
Avondale Secondary Alternative School · Public secondary1.3 km
Churchill Public School · Public elementary1.3 km · 83% at standard
St Antoine Daniel Catholic School · Catholic elementary1.5 km · 58% at standard
R J Lang Elementary and Middle School · Public elementary1.6 km · 60% at standard
Drewry Secondary School · Public secondary1.6 km
Hollywood Public School · Public elementary1.6 km · 96% at standard
Finch Public School · Public elementary1.7 km · 72% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,963/mo
$229KIncome needed
4.7×Price ÷ income
$1,145Weekly cost
$36,510Land transfer tax, one-time (Ontario + Toronto)
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.

75%mortgage
Mortgage $4,963Property tax $480Condo fee $1,142Total carry $6,586

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,817per month

Mortgage amount $871,200 · 4.49% over 25 years

$217,800Down payment (20.0%)
$871,200Loan before insurance
$0CMHC premium
$6,439Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,817
Property tax
$480
Condo / maintenance fees
$1,142
Heating
$0
Estimated monthly cost
$6,439

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

One-time closing costs

Ontario land transfer tax
$18,255
Toronto municipal land transfer tax
$18,255
Estimated closing costs
$36,510

Plus your down payment of $217,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,830/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

$573,904Total interest paid
$1,445,104Total of all payments
Principal $871,200 Interest $573,904
YearPrincipalInterestBalance
1$19,441$38,363$851,759
2$20,324$37,480$831,434
3$21,247$36,557$810,187
4$22,212$35,592$787,976
5$23,220$34,584$764,755
6$24,274$33,530$740,481
7$25,377$32,428$715,104
8$26,529$31,275$688,575
9$27,733$30,071$660,842
10$28,993$28,812$631,850
11$30,309$27,495$601,541
12$31,685$26,119$569,856
13$33,124$24,680$536,732
14$34,628$23,177$502,104
15$36,200$21,604$465,904
16$37,844$19,961$428,061
17$39,562$18,242$388,499
18$41,358$16,446$347,141
19$43,236$14,568$303,905
20$45,199$12,605$258,706
21$47,251$10,553$211,455
22$49,397$8,408$162,058
23$51,639$6,165$110,419
24$53,984$3,820$56,435
25$56,435$1,369$0

At the end of your 5-year term

Total paid over the term
$289,021
Principal paid down
$106,445
Interest paid
$182,576
Balance remaining
$764,755

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
From 12 whole-home leases in Willowdale East$3,932/mo
$47,184Gross annual rent
2.0%Cap rate after taxes and upkeep
$3,735 to $4,128Typical rent range
~25 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 12 whole-home leases in Willowdale East signed at a median of $3,573 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,932. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.3%
Gross yield
− Property tax $5,763− Condo fees $13,705− Insurance $600− Vacancy & upkeep $5,190Net operating income $21,926

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 MYPRO REALTY. MLS®/PropTx.

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