1716-28 Empress Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13702526

$709,000
For Sale
Listed 30 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Superb location in the heart of North York.
  • Just a 2-minute walk to the subway, with easy access to North York City Centre, Mel Lastman Square, the library, shops, restaurants, and the upcoming T&T Supermarket...
  • This well-maintained condo features 2 split bedrooms, including a huge primary bedroom, offering excellent privacy and functionality.
  • Enjoy 24-hour security, a premium extra-large parking space, and plenty of visitor parking on both the ground and underground levels.

Superb location in the heart of North York! Just a 2-minute walk to the subway, with easy access to North York City Centre, Mel Lastman Square, the library, shops, restaurants, and the upcoming T&T Supermarket, expected to open in September.Located within walking distance of McKee Elementary School, the renowned Earl Haig Secondary School, and Claude Watson Arts Program.This well-maintained condo features 2 split bedrooms, including a huge primary bedroom, offering excellent privacy and functionality. The unit has two-year-new laminate flooring throughout, updated painting, and an updated kitchen.Enjoy 24-hour security, a premium extra-large parking space, and plenty of visitor parking on both the ground and underground levels.The condo fee includes all utilities - heat, hydro, and water - as well as parking and one locker.Residents can also enjoy full building amenities, including a gym and exercise facilities.Excellent value for anyone looking for a spacious two-bedroom condo in one of North York's most convenient and desirable locations!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13702526
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Yonge/Empress/North York City Centre
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,017/mo
Exposure
West
Property tax
$2,728 / 2026
Days on market
30
Listing brokerage
HOMELIFE GOLD PACIFIC REALTY INC.

Rooms

Primary BedroomFlat6.10 × 3.05 m

laminate · 4 pc ensuite · walk-in closet(s)

KitchenFlat2.44 × 2.48 m

ceramic floor · renovated

Dining RoomFlat6.10 × 3.45 m

laminate · combined w/living

Bedroom 2Flat3.41 × 2.76 m

laminate · double closet · w/o to balcony

Living RoomFlat6.10 × 3.45 m

laminate · open concept · w/o to balcony

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$548Kautomated estimate, from recent sales

Listed at $709,000. Recent sales of homes like it put this one around $548K, so the ask is about 29% above what similar homes have sold for.

If it sells at this ask, expect about $692K, typically $673K to $703K: that is where homes here have closed against their asks in the last 90 days (140 closings).

The ask and what recent sales support disagree. When they differ this much, the asking price has been the closer guide about 87% of the time. Recent GTA homes first listed this far above their automated estimate sold at about 95% of the original ask, in a median 36 days, 26% of them after a price reduction (750 sales).

List price
$510KBelow recent closings$709KAbove recent closings

Total price vs nearby homes. Fair value about $548K, 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
30days on market so far
$2,971/moest. rent · 42 leases
5.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.4 months of inventory: 67 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 $835/sqft against an area asking average of $771/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 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $498K. 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Earl Haig Secondary School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

Based on 6 homes sold in this building over the past year, from 500 closings in Willowdale East.

What sellers nearby are askingCurrently listed nearby in Willowdale East · asking prices
$681kavg asking

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 $749/sqft; this home lists at $835/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
709kThis home649k649k698k725k685kThis home vs active comparables

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 McKee Public School
86%
McKee Public SchoolPublic · Elementary · 0.5 km awayHigher-rated than most nearby · 86% meet the provincial standard
Avondale Elementary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Claude Watson School for the Arts · Public elementary0.5 km · 96% at standard
Cardinal Carter Academy for the Arts · Catholic secondary0.7 km · 92% at standard
Cardinal Carter ES · Catholic elementary0.7 km
St Cyril Catholic School · Catholic elementary0.8 km · 90% at standard
Willowdale Middle School · Public elementary1.1 km · 78% at standard
Churchill Public School · Public elementary1.2 km · 83% at standard
Avondale Alternative Elementary School · Public elementary1.5 km · 94% at standard
Avondale Public School · Public elementary1.5 km · 70% at standard
Hollywood Public School · Public elementary1.6 km · 96% at standard
St Antoine Daniel Catholic School · Catholic elementary1.6 km · 58% at standard
St Edward Catholic School · Catholic elementary1.8 km · 89% at standard
Avondale Secondary Alternative School · Public secondary1.8 km

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

Affordability & Mortgage

Affordability
$3,231/mo
$153KIncome needed
4.6×Price ÷ income
$746Weekly cost
$21,310Land 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.

72%mortgage
Mortgage $3,231Property tax $227Condo fee $1,017Total carry $4,476

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)
$3,105per month

Mortgage amount $567,200 · 4.39% over 25 years

$141,800Down payment (20.0%)
$567,200Loan before insurance
$0CMHC premium
$4,349Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,105
Property tax
$227
Condo / maintenance fees
$1,017
Heating
$0
Estimated monthly cost
$4,349

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

One-time closing costs

Ontario land transfer tax
$10,655
Toronto municipal land transfer tax
$10,655
Estimated closing costs
$21,310

Plus your down payment of $141,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,761/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

$364,212Total interest paid
$931,412Total of all payments
Principal $567,200 Interest $364,212
YearPrincipalInterestBalance
1$12,835$24,421$554,365
2$13,405$23,852$540,960
3$14,000$23,257$526,961
4$14,621$22,636$512,340
5$15,270$21,987$497,070
6$15,948$21,309$481,122
7$16,655$20,601$464,467
8$17,395$19,862$447,073
9$18,167$19,090$428,906
10$18,973$18,284$409,933
11$19,815$17,442$390,118
12$20,694$16,562$369,424
13$21,613$15,644$347,812
14$22,572$14,685$325,240
15$23,574$13,683$301,666
16$24,620$12,637$277,046
17$25,713$11,544$251,333
18$26,854$10,403$224,480
19$28,046$9,211$196,434
20$29,290$7,966$167,144
21$30,590$6,666$136,554
22$31,948$5,309$104,606
23$33,366$3,891$71,240
24$34,847$2,410$36,393
25$36,393$863$0

At the end of your 5-year term

Total paid over the term
$186,282
Principal paid down
$70,130
Interest paid
$116,152
Balance remaining
$497,070

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 42 whole-home leases in Willowdale East$2,971/mo
$35,652Gross annual rent
2.3%Cap rate after taxes and upkeep
$2,823 to $3,120Typical 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 42 whole-home leases in Willowdale East signed at a median of $2,699 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,971. 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.

5.0%
Gross yield
− Property tax $2,728− Condo fees $12,204− Insurance $600− Vacancy & upkeep $3,922Net operating income $16,199

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE GOLD PACIFIC REALTY INC.. MLS®/PropTx.

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