249 Holmes Avenue, Toronto, ON
Willowdale East, Toronto · MLS® C13719032
About this home
In short
- Grand, elegant, and built to impress: this custom-built 5+1 bedroom residence redefines luxury living in the heart of prestigious Willowdale, On A Premium 50' x 155'...
- The gourmet kitchen is a chef's dream w/ a large centre island with bar sink, granite counters, stone backsplash, servery area, and high-end appliances, opening to a...
- Entertain in the open-concept living and dining rooms with bow window and gas fireplace, or unwind in the coffered-ceiling family room with built-in shelving and gas...
- Outside, a breathtaking backyard oasis beckons: an expansive patio, covered sitting area with gas fireplace, and outdoor kitchen, made for year-round entertaining.
- Perfectly positioned in the coveted Earl Haig Secondary School district, just minutes to Bayview Village, subway and transit, Hwy 401, parks, trails, community...
Grand, elegant, and built to impress: this custom-built 5+1 bedroom residence redefines luxury living in the heart of prestigious Willowdale, On A Premium 50' x 155' lot, this showpiece offers 5,294 sq. ft. living space including a finished walk-up basement, features soaring 10' custom ceilings, rich wall panelling, and hardwood throughout the main level. The gourmet kitchen is a chef's dream w/ a large centre island with bar sink, granite counters, stone backsplash, servery area, and high-end appliances, opening to a bright breakfast area with walkout to the yard. Entertain in the open-concept living and dining rooms with bow window and gas fireplace, or unwind in the coffered-ceiling family room with built-in shelving and gas fireplace. A private main-floor office adds everyday function. A grand staircase beneath a skylight ascends to five spacious bedrooms, each with its own ensuite. The oversized primary retreat indulges with a gas fireplace, built-in entertainment unit, two walk-in closets, walkout to a private balcony, and a spa-like 6-piece ensuite with soaker tub and separate glass shower. Upper-level laundry adds convenience. The finished walk-up basement extends your living space with a games/rec room, gas fireplace, wet bar, additional bedroom, office with built-ins, and 4-piece bath. Outside, a breathtaking backyard oasis beckons: an expansive patio, covered sitting area with gas fireplace, and outdoor kitchen, made for year-round entertaining. Four gas fireplaces, central vacuum, central air, California shutters throughout, an attached double garage and private double drive (parking for 6) complete this rare offering. Recent updates include fresh paint, upgraded lighting, a new garage door, and enhanced landscaping. Perfectly positioned in the coveted Earl Haig Secondary School district, just minutes to Bayview Village, subway and transit, Hwy 401, parks, trails, community centre, and premier shopping and dining.Double Garage With Epoxy Flooring.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13719032
- Bedrooms
- 5+1 (6 total)
- Bathrooms
- 7 (1 half)
- Size
- 3500-5000 sq ft
- Lot
- 50.5 × 155 ft
- Cross streets
- Bayview Ave. & Finch Ave. E.
- Parking
- 2 garage · 6 parking (attached)
- Basement
- Walk-Up, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Unknown
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $19,344 / 2026
- Days on market
- 15
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
hardwood floor · b/i shelves · coffered ceiling(s)
hardwood floor · gas fireplace · walk-up
hardwood floor · california shutters · laminate
tile floor · combined w/rec · wet bar
limestone flooring · w/o to patio · california shutters
hardwood floor · gas fireplace · bow window
hardwood floor · open concept · large window
hardwood floor · 4 pc ensuite · closet
hardwood floor · 4 pc ensuite · juliette balcony
hardwood floor · 4 pc ensuite · closet
hardwood floor · 4 pc ensuite · closet
limestone flooring · centre island · stainless steel appl
hardwood floor · gas fireplace · bow window
hardwood floor · gas fireplace · coffered ceiling(s)
hardwood floor · 6 pc ensuite · w/o to balcony
hardwood floor · b/i shelves · pot lights
Listed at $2,990,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $2.97M, typically $2.61M to $3.28M. Comparable closings on their own put this home around $2.94M, which agrees with the ask, so this is a firm read.
Second read, from the city assessment: $3.13M. 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.
Total price vs nearby homes. Fair value about $2.97M, median of 90 comparables.
The market behind the math:
About 1.7 months of inventory: 21 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 $704/sqft against an area asking average of $816/sqft. Size and $/sqft both feed the estimate above.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance. 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 90 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 $3.13M, 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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- 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
- 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 90 comparable homes that sold in Willowdale East over the past two years, from 215 closings there.
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 $754/sqft; this home lists at $704/sqft. Size is part of the price story, not just the sticker.
The 3 closest 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 $2,392,000 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,896
- Property tax
- $1,612
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $14,508
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $61,225
- Toronto municipal land transfer tax
- $61,225
- Estimated closing costs
- $122,450
Plus your down payment of $598,000. 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
- $773,732
- Principal paid down
- $301,052
- Interest paid
- $472,681
- Balance remaining
- $2,090,948
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 39 whole-home leases in Willowdale East signed at a median of $8,033 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,283. 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 REALTY INC.. MLS®/PropTx.