204 Ellerslie Avenue, Toronto, ON
Willowdale West, Toronto · MLS® C13673522
About this home
Vintage Soul with a Modern Twist. A charming, deceptively spacious retreat tucked onto a picturesque Willowdale Street. Set on a deep 50 x 146 ft lot with no rear neighbours, the home looks onto lush greenery, offering a rare sense of privacy that feels miles away from the city. Yet, you are a mere five-minute stroll from the Yonge Subway line and the North York Civic Centre's Vibrant hub of a pool, library, farmer's market, and winter skating rink. Inside, its quaint facade fives way to unexpected space filled with natural light from large main and lower level walk-outs. Original character blends seamlessly with thoughtful interior updates: refinished hardwoods, a stunning glass staircase, refreshed tilework, a newly enclosed kitchen layout for a bit of classic separation, and an improved bathroom and pantry. Practical upgrades like a new washer/dryer and upgraded HVAC offer total peace of mind. There is room to add your touch, but no rush. Live here, breathe, and let this special home reveal itself to you.
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- C13673522
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2 (1 half)
- Size
- 1500-2000
- Lot
- 50 × 146 ft
- Cross streets
- Yonge/ Sheppard
- Parking
- 4 parking
- Driveway
- Private
- Basement
- Finished with Walk-Out, Separate Entrance, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,782 / 2025
- Listing brokerage
- ROYAL LEPAGE TERREQUITY PLATINUM REALTY
Listed at $1,288,000, and my independent estimate is right in line with comparable homes.
In Willowdale West lately, sellers get about 97% of asking; homes sell in ~36 days.
Total price vs nearby homes. Fair value about $1.36M, median of 47 comparables.
- Ravine / green setting. This home sits beside Abbotsford Park, a premium that comparable-sales math under-prices, so read the estimate as a floor.
- Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version
I take the 47 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), 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 $1.27M, a close match.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
Its public catchment (Willowdale Middle 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
There were not many closely comparable homes right in Willowdale West, so I widened the search to the surrounding area.
Based on 47 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 29% below the area average of $1,041/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Willowdale West, 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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.04% via Ratehub.ca (as of August 13, 2026); conventional rates run a little higher.
Mortgage amount $1,030,400 · 4.19% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,527
- Property tax
- $649
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,175
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,235
- Toronto municipal land transfer tax
- $22,235
- Estimated closing costs
- $44,470
Plus your down payment of $257,600. 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
- $331,606
- Principal paid down
- $130,451
- Interest paid
- $201,155
- Balance remaining
- $899,949
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE TERREQUITY PLATINUM REALTY. MLS®/PropTx.