3505-23 Hollywood Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13687236

$730,000
For Sale
Listed 33 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Stunning Open-Concept N.E.
  • Flexible Layout Offers Potential To Use Part Of The Living Area As A 3rd Bedroom.

Stunning Open-Concept N.E. Corner Unit With Many Upgrades & Spectacular Unobstructed Views From All Rooms! Bright & Sun-Filled With A Spacious, Functional Layout & Modern Finishes Throughout. Modern Kitchen Features An Eat-In Breakfast Area, Stainless Steel Appliances & Quartz Countertops. Laminate Flooring Throughout Living/Dining & Bedrooms. Large Entry Foyer. Flexible Layout Offers Potential To Use Part Of The Living Area As A 3rd Bedroom. Freshly Painted, Spotlessly Clean & Move-In Ready!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13687236
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Yonge & Hollywood
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,190/mo
Exposure
East
Property tax
$3,654 / 2026
Days on market
33
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Primary BedroomGround4.20 × 3.12 m

laminate · walk-in closet(s) · 3 pc bath

Dining RoomGround4.14 × 2.12 m

laminate · combined w/living

Bedroom 2Ground4.10 × 3.00 m

laminate · closet · large window

KitchenGround4.82 × 2.42 m

eat-in kitchen · stainless steel appl · w/o to balcony

Our TakeTeam Asgarian · Broker
Above what recent sales support
$672Kautomated estimate, from recent sales

Listed at $730,000. Recent sales of homes like it put this one around $672K, so the ask is about 9% above what similar homes have sold for.

If it sells at this ask, expect about $712K, typically $693K to $724K: that is where homes here have closed against their asks in the last 90 days (140 closings).

List price
$625KBelow recent closings$730KAbove recent closings

Total price vs nearby homes. Fair value about $672K, learned from recent GTA sales.

The market behind the math:

140sold nearby · 90 days
$553Kmedian sold price
98%of asking, on average
−12%prices vs a year ago
~28 dayshomes like this take to sell
33days on market so far
$3,150/moest. rent · 9 leases
5.2%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.9 months of inventory: 43 condo apartment homes for sale in the area against 140 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 $664/sqft against an area asking average of $737/sqft. Size and $/sqft both feed the estimate above.

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 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $701K. Condition and finishes remain an in-person call.

What the listing highlights1 point 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
Schools & getting aroundcatchment and transit

Its public catchment (Claude Watson School for the Arts) 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

Priced above comparable homes overall, but the price per square foot ($664/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 9 homes sold in this building over the past year, from 500 closings in Willowdale East.

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.

Bayview Village
$440K
Henry Farm
$499K
Mount Pleasant West
$509K
Tam O'Shanter-Sullivan
$499K
Bay Street Corridor
$552K

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 Claude Watson School for the Arts
96%
Claude Watson School for the ArtsPublic · Elementary · 0.1 km awayAmong the top in the GTA · 96% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Cardinal Carter Academy for the Arts · Catholic secondary0.2 km · 92% at standard
Cardinal Carter ES · Catholic elementary0.2 km
Earl Haig Secondary School · Public secondary0.6 km · 90% at standard
McKee Public School · Public elementary0.9 km · 86% at standard
Avondale Alternative Elementary School · Public elementary1.1 km · 94% at standard
Avondale Public School · Public elementary1.1 km · 70% at standard
Willowdale Middle School · Public elementary1.3 km · 78% at standard
St Cyril Catholic School · Catholic elementary1.3 km · 90% at standard
St Edward Catholic School · Catholic elementary1.3 km · 89% at standard
Churchill Public School · Public elementary1.4 km · 83% at standard
Cameron Public School · Public elementary1.5 km · 81% at standard
Hollywood Public School · Public elementary1.6 km · 96% at standard

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

Affordability & Mortgage

Affordability
$3,327/mo
$162KIncome needed
4.5×Price ÷ income
$768Weekly cost
$22,150Land 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.

69%mortgage
Mortgage $3,327Property tax $304Condo fee $1,190Total carry $4,822

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,197per month

Mortgage amount $584,000 · 4.39% over 25 years

$146,000Down payment (20.0%)
$584,000Loan before insurance
$0CMHC premium
$4,691Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,197
Property tax
$305
Condo / maintenance fees
$1,190
Heating
$0
Estimated monthly cost
$4,691

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

One-time closing costs

Ontario land transfer tax
$11,075
Toronto municipal land transfer tax
$11,075
Estimated closing costs
$22,150

Plus your down payment of $146,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,873/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

$375,000Total interest paid
$959,000Total of all payments
Principal $584,000 Interest $375,000
YearPrincipalInterestBalance
1$13,215$25,145$570,785
2$13,802$24,558$556,983
3$14,414$23,946$542,569
4$15,054$23,306$527,515
5$15,722$22,638$511,793
6$16,420$21,940$495,373
7$17,149$21,211$478,224
8$17,910$20,450$460,314
9$18,705$19,655$441,610
10$19,535$18,825$422,075
11$20,402$17,958$401,673
12$21,307$17,053$380,366
13$22,253$16,107$358,113
14$23,240$15,120$334,873
15$24,272$14,088$310,601
16$25,349$13,011$285,252
17$26,474$11,886$258,778
18$27,649$10,711$231,129
19$28,876$9,484$202,252
20$30,158$8,202$172,094
21$31,496$6,864$140,598
22$32,894$5,466$107,704
23$34,354$4,006$73,350
24$35,879$2,481$37,471
25$37,471$889$0

At the end of your 5-year term

Total paid over the term
$191,800
Principal paid down
$72,207
Interest paid
$119,593
Balance remaining
$511,793

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 9 whole-home leases in Willowdale East$3,150/mo
$37,800Gross annual rent
2.1%Cap rate after taxes and upkeep
$2,898 to $3,402Typical rent range
~19 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 9 whole-home leases in Willowdale East signed at a median of $3,100 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,150. 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.

5.2%
Gross yield
− Property tax $3,654− Condo fees $14,285− Insurance $600− Vacancy & upkeep $4,158Net operating income $15,104

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

CallRequest a showing