225 Olive Avenue, Toronto, ON
Willowdale East, Toronto · MLS® C13619924
About this home
In short
- Modern Luxury Meets Timeless Elegance.
- Located in the highly coveted Willowdale East neighborhood, offer over 5,000 sqf of exquisitely crafted living space, perfectly blending high-end functionality with...
- Exquisite Craftsmanship: Soaring 10-foot ceilings on the main floor, custom millwork, refined finishes & recently updated high-quality solid oak hardwood flooring...
- Treat your family and friends in this Chef's Kitchen, including High-end cabinetry, sleek quartz countertops, a dramatic waterfall island with an integrated breakfast...
- Fully upgraded with 360-degree security cameras, digital doorbell smart thermostat/AC controls, Wi-Fi enabled dishwasher and range hood and custom motorized digital...
Modern Luxury Meets Timeless Elegance! Indulgence, upscale design & lavish living come together seamlessly in this designer modern-luxury home. Located in the highly coveted Willowdale East neighborhood, offer over 5,000 sqf of exquisitely crafted living space, perfectly blending high-end functionality with sophisticated family comfort. Exquisite Craftsmanship: Soaring 10-foot ceilings on the main floor, custom millwork, refined finishes & recently updated high-quality solid oak hardwood flooring throughout. Treat your family and friends in this Chef's Kitchen, including High-end cabinetry, sleek quartz countertops, a dramatic waterfall island with an integrated breakfast table and premium appliances featuring a professional Fosao 48-inch 8-burner gas range. Smart-Home Integration! Fully upgraded with 360-degree security cameras, digital doorbell smart thermostat/AC controls, Wi-Fi enabled dishwasher and range hood and custom motorized digital shades across the main floor.Executive private office provides an inspiring space for today's entrepreneur or remote professional. Serene upper-level sanctuary features spacious sitting area, Walk-in closet and spa-like 5-piece ensuite overlooking beautiful backyard. Three additional sun-filled bedrooms have direct or semi-ensuite bath access. Need more space? You got it! Professionally finished lower level with THREE adaptable rooms and full bathroom-perfectly suited for an in-law/nanny suite, recreation room, gym or home theater. A one-of-a-kind property seamlessly combining statement-making luxury with everyday family functionality in one of Toronto's most prestigious and sought-after communities: this home boasts a walk score that puts everyday conveniences right at your doorstep. Highly prestigious school boundary for Earl Haig Secondary School, walking distance to Metro, local boutiques, diverse dining, Lush community parks, Minutes to Yonge Street, Finch Station, North York Centre,TTC, GO Transit, and major highways
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13619924
- Bedrooms
- 4+3 (7 total)
- Bathrooms
- 5 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 41 × 160 ft
- Cross streets
- Bayview/Finch
- Parking
- 2 garage · 4 parking (built-in)
- Driveway
- Private Double
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $14,403 / 2025
- Days on market
- 43
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
closet · hardwood floor · window
vinyl floor · window · closet
vinyl floor · window
electric fireplace · california shutters · overlooks backyard
large window · quartz counter · overlooks backyard
panelled · b/i bookcase · french doors
4 pc ensuite · hardwood floor · cathedral ceiling(s)
closet · hardwood floor · window
vinyl floor · w/o to garden · 3 pc bath
walk-in closet(s) · overlooks garden · 5 pc ensuite
vinyl floor · window · closet
overlooks living · hardwood floor · moulded ceiling
picture window · east view · raised floor
Listed at $2,688,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $2.60M, typically $2.29M to $2.95M. Comparable closings on their own put this home around $2.39M, so the ask carries a premium over the comparables: the seller is pricing in the finishes, the lot, or room to negotiate. That gap is your negotiating room.
Second read, from the city assessment: $2.33M. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.
Total price vs nearby homes. Fair value about $2.60M, median of 111 comparables.
The market behind the math:
About 2.1 months of inventory: 26 detached homes for sale in the area against 37 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $827/sqft against an area asking average of $818/sqft. Size and $/sqft both feed the estimate above.
- Walk-out basement apartment features. A finished 3 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Willowdale East: 32 of the 231 detached leases here lately were basement units, around $2,150 a month. That makes the suite real income, and comparable-sales math under-prices it, so read the estimate as a floor. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version
I take the 111 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $2.33M, a bit lower.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
Its public catchment (Earl Haig Secondary School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Based on 111 comparable homes that sold in Willowdale East over the past two years, from 214 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $735/sqft; this home lists at $827/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Willowdale East, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.
Mortgage amount $2,150,400 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,593
- Property tax
- $1,200
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,793
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
- $695,583
- Principal paid down
- $270,645
- Interest paid
- $424,938
- Balance remaining
- $1,879,755
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.
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
The suite is real income here: basements rent in Willowdale East (32 of 231 recent detached leases were basement units, around $2,150 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,150 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 46 whole-home leases in Willowdale East signed at a median of $7,792 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,077. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.