168 Highgate Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13690420

$3,490,000
For Sale
Listed 24 days agoNo offer date stated
4+1Bedrooms
7Bathrooms
3Garage · 9 parking
3500-5000Sq ft

About this home

In short

  • 5 Reasons You Can't Miss This Home: 1) Prime Willowdale East Location - Steps to Yonge Subway, Parks & Amenities, Close to Top Schools & Hwy 401/404.
  • 2) Exceptional Scale - 5,094 Sq.
  • Total Living Space with 3,958 Sq.
  • 3) Custom Luxury - Extensive Walnut Millwork, Marble & Hardwood Floors, Coffered Ceilings & LED Lighting, Plus a Stunning 14' Ceiling Walnut Office.
  • 5) Entertain & Live in Style - 10' Ceiling Heated Basement with Separate Entrance, Wet Bar, Gas Fireplace, Nanny Room, 3-Pc Bath & 2nd Laundry, Plus 3-Car Garage, 2...

5 Reasons You Can't Miss This Home: 1) Prime Willowdale East Location - Steps to Yonge Subway, Parks & Amenities, Close to Top Schools & Hwy 401/404. 2) Exceptional Scale - 5,094 Sq.Ft. Total Living Space with 3,958 Sq.Ft. Above Grade + 1,136 Sq.Ft. Finished Basement. 3) Custom Luxury - Extensive Walnut Millwork, Marble & Hardwood Floors, Coffered Ceilings & LED Lighting, Plus a Stunning 14' Ceiling Walnut Office. 4) Luxurious Primary Retreat - Designer Walnut Wall Unit, Skylight, W/I Closet & 7-Pc Heated Ensuite. 5) Entertain & Live in Style - 10' Ceiling Heated Basement with Separate Entrance, Wet Bar, Gas Fireplace, Nanny Room, 3-Pc Bath & 2nd Laundry, Plus 3-Car Garage, 2 Driveways & 2 Entrances. Lucky #168 - A Truly Rare Willowdale East Offering!

Key facts

Property type
Detached, 2-Storey
MLS®
C13690420
Bedrooms
4+1 (5 total)
Bathrooms
7 (1 half)
Size
3500-5000 sq ft
Lot
60 × 100 ft
Cross streets
Bayview / Sheppard
Parking
3 garage · 9 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$19,928 / 2025
Days on market
24
Listing brokerage
BAY STREET GROUP INC.

Rooms

Primary BedroomSecond6.00 × 5.83 m

7 pc ensuite · gas fireplace · walk-in closet(s)

Bedroom 4Second4.35 × 3.81 m

hardwood floor · 3 pc ensuite · walk-in closet(s)

Exercise RoomBasement3.58 × 3.46 m

heated floor · ceramic floor · window

BreakfastMain6.15 × 2.05 m

hardwood floor · open concept · large window

Bedroom 5Basement4.09 × 3.06 m

3 pc bath · closet organizers · above grade window

KitchenMain6.15 × 3.00 m

hardwood floor · granite counters · stainless steel appl

Family RoomMain6.25 × 5.05 m

hardwood floor · gas fireplace · coffered ceiling(s)

Living RoomMain5.75 × 4.50 m

hardwood floor · gas fireplace · panelled

Bedroom 2Second4.91 × 4.15 m

hardwood floor · 3 pc ensuite · walk-in closet(s)

OfficeLower4.40 × 3.38 m

hardwood floor · b/i bookcase · dropped ceiling

RecreationBasement6.50 × 5.10 m

heated floor · wet bar · w/o to yard

Dining RoomMain5.75 × 3.58 m

hardwood floor · coffered ceiling(s) · panelled

Bedroom 3Second4.98 × 4.17 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Our TakeTeam Asgarian · Broker
In line
$3.37Mest. value

Listed at $3,490,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $3.37M, typically $3.00M to $3.76M. Comparable closings on their own put this home around $3.10M, 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: $3.25M. 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.

List price
$3.00MBelow recent closings$3.76MAbove recent closings

Total price vs nearby homes. Fair value about $3.37M, median of 77 comparables.

The market behind the math:

38sold nearby · 90 days
$2.33Mmedian sold price
97%of asking, on average
+3%prices vs a year ago
~37 dayshomes like this take to sell
24days on market so far
$8,003/moest. rent · 38 leases
2.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.2 months of inventory: 15 detached homes for sale in the area against 38 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 $821/sqft against an area asking average of $844/sqft. Size and $/sqft both feed the estimate above.

  • Walk-out basement apartment features. A finished 1 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 232 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 77 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 $3.25M, 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. 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
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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 77 comparable homes that sold in Willowdale East over the past two years, from 215 closings there.

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.

Newtonbrook West
$1.70M
Brookhaven-Amesbury
$1.02M
Clairlea-Birchmount
$833K
Centennial Scarborough
$1.14M
Birchcliffe-Cliffside
$1.25M

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 Finch Public School
72%
Finch Public SchoolPublic · Elementary · 0.7 km awayAround the GTA average · 72% meet the provincial standard
Avondale Elementary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Hollywood Public School · Public elementary0.9 km · 96% at standard
Bayview Middle School · Public elementary1.0 km · 80% at standard
St Gabriel Catholic School · Catholic elementary1.1 km · 70% at standard
McKee Public School · Public elementary1.2 km · 86% at standard
Cummer Valley Middle School · Public elementary1.2 km · 79% at standard
Avondale Secondary Alternative School · Public secondary1.5 km
St Cyril Catholic School · Catholic elementary1.6 km · 90% at standard
Elkhorn Public School · Public elementary1.6 km · 85% at standard
Claude Watson School for the Arts · Public elementary1.7 km · 96% at standard
St Joseph Morrow Park Catholic Secondary School · Catholic secondary1.7 km · 74% at standard
Lester B Pearson Elementary School · Public elementary1.8 km · 92% at standard
Cardinal Carter ES · Catholic elementary1.8 km

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

Affordability & Mortgage

Affordability
$15,906/mo
$663KIncome needed
5.3×Price ÷ income
$3,671Weekly cost
$152,350Land 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.

91%mortgage
Mortgage $15,906Property tax $1,661Total carry $17,567

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$15,052per month

Mortgage amount $2,792,000 · 4.24% over 25 years

$698,000Down payment (20.0%)
$2,792,000Loan before insurance
$0CMHC premium
$16,713Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$15,052
Property tax
$1,661
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,713

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

One-time closing costs

Ontario land transfer tax
$73,725
Toronto municipal land transfer tax
$78,625
Estimated closing costs
$152,350

Plus your down payment of $698,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$18,264/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

$1,723,596Total interest paid
$4,515,596Total of all payments
Principal $2,792,000 Interest $1,723,596
YearPrincipalInterestBalance
1$64,509$116,115$2,727,491
2$67,273$113,351$2,660,219
3$70,155$110,468$2,590,063
4$73,162$107,462$2,516,902
5$76,296$104,327$2,440,605
6$79,566$101,058$2,361,039
7$82,975$97,649$2,278,064
8$86,531$94,093$2,191,534
9$90,238$90,386$2,101,296
10$94,105$86,519$2,007,191
11$98,137$82,487$1,909,053
12$102,342$78,281$1,806,711
13$106,728$73,896$1,699,983
14$111,301$69,323$1,588,682
15$116,070$64,554$1,472,612
16$121,044$59,580$1,351,568
17$126,230$54,393$1,225,338
18$131,639$48,985$1,093,699
19$137,280$43,344$956,419
20$143,162$37,462$813,257
21$149,297$31,327$663,960
22$155,694$24,930$508,266
23$162,365$18,258$345,901
24$169,323$11,301$176,578
25$176,578$4,046$0

At the end of your 5-year term

Total paid over the term
$903,119
Principal paid down
$351,395
Interest paid
$551,724
Balance remaining
$2,440,605

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 38 whole-home leases in Willowdale East$8,003/mo
$96,036Gross annual rent
1.8%Cap rate after taxes and upkeep
$7,164 to $8,983Typical rent range
~20 daysTo find a tenant, on average

The suite is real income here: basements rent in Willowdale East (32 of 232 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 numbers

The last 38 whole-home leases in Willowdale East signed at a median of $7,746 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,003. 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.

2.8%
Gross yield
− Property tax $19,928− Insurance $1,400− Vacancy & upkeep $10,564Net operating income $64,144

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BAY STREET GROUP INC.. MLS®/PropTx.

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