140 Olive Avenue, Toronto, ON
Willowdale East, Toronto · MLS® C13634506
About this home
In short
- Expertly Crafted Contemporary Custom Home, Built in 2024 On A Prime Deep Lot (7,190 Sq.
- A Convenient Elevator with 3 Stops.
- High Ceilings >> 1st Flr: 11', 2nd Flr: 9', Basement Recreation Rm: 11', Library & Foyer: ~14' << Abundant Natural Sun lighting through Lots of Large Windows, several...
- 7" Wide Engineered Hardwood, and Porcelain Slab Flooring, Led Lighting (Potlights / Light Fixtures/ Chandeliers/ Inlay/ Hidden Rope lights).
- Huge Spacious Dining Room, Living Rm, Family Rm with Stylish Gas Fireplace, and Walk-Out to Large Deck and Fully Fenced Deep Pool Sized Backyard.
Expertly Crafted Contemporary Custom Home, Built in 2024 On A Prime Deep Lot (7,190 Sq.Ft ) in Heart of Willowdale East! Over 6,660 Sq.Ft of Elegant & Comfortable Living Spaces (4,780 S.F in Main & 2nd Floor + 1,883 S.F in Basement), One of the Biggest Home in the Area, As the Side Setbacks are 4 Ft & 3 Ft, and Also It's a Deep Lot (160 Feet)! This Beauty Features: 4 + 2 Bedrooms & 7 Washrooms! Stunning Smooth White Pre-Cast Façade with Bricks in Sides and Back! A Functional Open Concept Layout! A Convenient Elevator with 3 Stops! High Ceilings >> 1st Flr: 11', 2nd Flr: 9', Basement Recreation Rm: 11', Library & Foyer: ~14' << Abundant Natural Sun lighting through Lots of Large Windows, several Skylights, and Bay Windows! 7" Wide Engineered Hardwood, and Porcelain Slab Flooring, Led Lighting (Potlights / Light Fixtures/ Chandeliers/ Inlay/ Hidden Rope lights)! Huge Spacious Dining Room, Living Rm, Family Rm with Stylish Gas Fireplace, and Walk-Out to Large Deck and Fully Fenced Deep Pool Sized Backyard. Coffered Ceiling with Ropelights! Large Chef Inspired Kitchen with Quality Cabinetry, Quartz Countertop & Backsplash, State-Of-The-Art Appliances: Sub-Zero / Wolf /Miele, and a Butler Pantry (Spice/Dirty Kitchen). Open Riser Main Staircase with Glass Railing, Wall Paneling, and Skylight above! Breathtaking Huge Master Bedroom with A Fireplace, 7-Pc Spa-Like Ensuite Include Steam Sauna & Boutique Style W/I Closet with A Skylight Above! Large Sized Other 3 Bedrooms with Own Ensuite for Privacy & Comfort! 2nd Floor Laundry! Finished Heated Floor Basement with 3 Walk-Out(s) to a Large Patio. Large Sized Recreation Room Include Rough-In Wet Bar, Rough-In 2nd Laundry, Nanny Room and 3-Pc Ensuite, 2nd Powder Room, A Gym with Window and Glass Doors which Can Be Used As a Bedroom! Convenient Location: Steps Away from Yonge Street, Finch Ave Ttc and Subway, Earl Haig Secondary School, Parks, Mitchell Field Community Centre and All Other Amenities!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13634506
- Bedrooms
- 4+2 (6 total)
- Bathrooms
- 7 (2 half)
- Size
- 3500-5000 sq ft
- Lot
- 45 × 160.26 ft
- Cross streets
- Finch Ave/ Willowdale Ave/ Yonge St
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Private Double
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Other
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $23,399 / 2025
- Days on market
- 39
- Listing brokerage
- RE/MAX REALTRON BIJAN BARATI REAL ESTATE
Rooms
electric fireplace · walk-in closet(s) · 7 pc ensuite
porcelain floor · modern kitchen · pantry
heated floor · led lighting · glass doors
hardwood floor · glass doors · led lighting
hardwood floor · closet organizers · 4 pc ensuite
heated floor · above grade window · 3 pc ensuite
hardwood floor · closet organizers · 4 pc ensuite
porcelain floor · stainless steel sink · led lighting
heated floor · w/o to patio · led lighting
hardwood floor · closet · 3 pc ensuite
hardwood floor · coffered ceiling(s) · led lighting
hardwood floor · coffered ceiling(s) · wall sconce lighting
hardwood floor · walk-in closet(s) · 7 pc ensuite
porcelain floor · gas fireplace · coffered ceiling(s)
Listed at $3,998,800 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $3.77M, typically $3.33M to $4.68M. Comparable listings on their own put this home around $3.24M, 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: $4.09M. That is about 26% above the comparable-sales figure. When my two methods disagree this much, the answer usually sits between them and something about this home is not in the comparables (the lot, the condition, a rebuild). I would want to see it before leaning on either number.
Total price vs nearby homes. Fair value about $3.77M, median of 15 comparables.
The market behind the math:
About 1.4 months of inventory: 18 detached homes for sale in the area against 38 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $941/sqft against an area asking average of $828/sqft. Size and $/sqft both feed the estimate above.
- Walk-out basement apartment features. A finished 2 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 15 most comparable recent listings 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 listing.
It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $4.09M, a close match.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Open-concept layout: modern, sought-after flow. Lifestyle
- 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.
Read this with carewhy it’s an estimate, not an appraisal
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 15 comparable homes nearby.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $869/sqft; this home lists at $941/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 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 $3,199,040 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $17,246
- Property tax
- $1,950
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $19,196
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $86,445
- Toronto municipal land transfer tax
- $96,433
- Estimated closing costs
- $182,878
Plus your down payment of $799,760. 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
- $1,034,783
- Principal paid down
- $402,624
- Interest paid
- $632,159
- Balance remaining
- $2,796,416
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 43 whole-home leases in Willowdale East signed at a median of $7,955 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,197. 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 BIJAN BARATI REAL ESTATE. MLS®/PropTx.