183 Byng Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13723704

$2,860,000
For Sale
Listed 14 days agoNo offer date stated
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5+2Bedrooms
6Bathrooms
2Garage · 4 parking
3500-5000Sq ft

About this home

In short

  • Ultra Luxurious Custom Built Home.
  • Hardwood Floors, Crown Moldings, Top Quality Granite Counter-Tops, Gourmet Kit W/Top Of The Line Appliances ,Counter Top Island O/L Beautiful Spacious Breakfast Area...
  • Finished W/O Basement, Six Elegant Bathrooms, 2nd Floor Laundry room.

Ultra Luxurious Custom Built Home. Hardwood Floors, Crown Moldings, Top Quality Granite Counter-Tops, Gourmet Kit W/Top Of The Line Appliances ,Counter Top Island O/L Beautiful Spacious Breakfast Area, Granite Counter-Top & Modern Glass Backslash. Finished W/O Basement, Six Elegant Bathrooms, 2nd Floor Laundry room. Side Entrance To Elegant Panalled Office. One Of The Finest St Within The Area. Prof Landscaped Extra Deep Lot.

Key facts

Property type
Detached, 2-Storey
MLS®
C13723704
Bedrooms
5+2 (7 total)
Bathrooms
6 (1 half)
Size
3500-5000 sq ft
Lot
46.17 × 160 ft
Cross streets
Willowdale Ave/Finch Ave
Parking
2 garage · 4 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Brick, Stone
Roof
Shingles
Sewer
Sewer
Property tax
$18,347 / 2026
Days on market
14
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Family RoomMain6.43 × 4.67 m

gas fireplace · b/i shelves · w/o to garden

Dining RoomMain10.96 × 3.65 m

coffered ceiling(s) · wainscoting · hardwood floor

OfficeMain3.67 × 2.61 m

b/i shelves · coffered ceiling(s)

Bedroom 2Second4.59 × 3.66 m

4 pc ensuite · walk-in closet(s) · halogen lighting

Living RoomMain10.96 × 3.65 m

gas fireplace · led lighting · hardwood floor

Bedroom 5Second3.94 × 2.93 m

hardwood floor · hardwood floor · crown moulding

Bedroom 4Second4.57 × 5.25 m

4 pc bath · walk-in closet(s) · halogen lighting

RecreationBasement10.73 × 6.42 m

wet bar · gas fireplace · walk-out

Bedroom 3Second4.58 × 3.30 m

3 pc ensuite · walk-in closet(s) · halogen lighting

BedroomBasement5.59 × 3.54 m

hardwood floor · halogen lighting · 3 pc ensuite

KitchenMain4.30 × 5.71 m

marble floor · granite counters · breakfast area

Primary BedroomSecond6.73 × 4.77 m

7 pc ensuite · walk-in closet(s) · halogen lighting

Our TakeTeam Asgarian · Broker
In line
$2.81Mest. value

Listed at $2,860,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $2.81M, typically $2.57M to $3.06M. Comparable closings on their own put this home around $2.70M, which agrees with the ask, so this is a firm read.

Second read, from the city assessment: $2.93M. 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
$2.57MBelow recent closings$3.06MAbove recent closings

Total price vs nearby homes. Fair value about $2.81M, median of 60 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
14days on market so far
$8,075/moest. rent · 22 leases
3.4%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.4 months of inventory: 18 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 $673/sqft against an area asking average of $777/sqft. Size and $/sqft both feed the estimate above.

  • Walk-out basement apartment features. A finished 2 bed walk-out 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 60 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 $2.93M, a close match.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
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 60 comparable homes that sold in Willowdale East over the past two years, from 215 closings there.

What sellers nearby are askingCurrently listed nearby in Willowdale East · asking prices
$3.12Mavg 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 $735/sqft; this home lists at $673/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.86MThis home3.00M3.35M2.98M2.99M3.29MThis 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.

Newtonbrook West
$1.70M
Brookhaven-Amesbury
$1.00M
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 · 0.9 km awayAround the GTA average · 72% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
McKee Public School · Public elementary0.8 km · 86% at standard
St Cyril Catholic School · Catholic elementary1.0 km · 90% at standard
Avondale Secondary Alternative School · Public secondary1.1 km
Hollywood Public School · Public elementary1.3 km · 96% at standard
Claude Watson School for the Arts · Public elementary1.5 km · 96% at standard
Bayview Middle School · Public elementary1.5 km · 80% at standard
St Gabriel Catholic School · Catholic elementary1.5 km · 70% at standard
Drewry Secondary School · Public secondary1.7 km
Cardinal Carter ES · Catholic elementary1.7 km
Cardinal Carter Academy for the Arts · Catholic secondary1.7 km · 92% at standard
St Joseph Morrow Park Catholic Secondary School · Catholic secondary1.7 km · 74% at standard
R J Lang Elementary and Middle School · Public elementary1.9 km · 60% at standard

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

Affordability & Mortgage

Affordability
$13,035/mo
$550KIncome needed
5.2×Price ÷ income
$3,008Weekly cost
$115,950Land 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.

90%mortgage
Mortgage $13,035Property tax $1,529Total carry $14,564

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)
$12,335per month

Mortgage amount $2,288,000 · 4.24% over 25 years

$572,000Down payment (20.0%)
$2,288,000Loan before insurance
$0CMHC premium
$13,864Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,335
Property tax
$1,529
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,864

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

One-time closing costs

Ontario land transfer tax
$57,975
Toronto municipal land transfer tax
$57,975
Estimated closing costs
$115,950

Plus your down payment of $572,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$14,967/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

$1,412,459Total interest paid
$3,700,459Total of all payments
Principal $2,288,000 Interest $1,412,459
YearPrincipalInterestBalance
1$52,864$95,155$2,235,136
2$55,129$92,889$2,180,007
3$57,491$90,527$2,122,516
4$59,955$88,064$2,062,561
5$62,524$85,495$2,000,037
6$65,203$82,816$1,934,835
7$67,997$80,022$1,866,838
8$70,910$77,108$1,795,927
9$73,949$74,070$1,721,979
10$77,118$70,901$1,644,861
11$80,422$67,596$1,564,439
12$83,868$64,150$1,480,571
13$87,462$60,557$1,393,109
14$91,209$56,809$1,301,900
15$95,118$52,901$1,206,782
16$99,193$48,825$1,107,589
17$103,444$44,575$1,004,145
18$107,876$40,142$896,269
19$112,499$35,520$783,770
20$117,319$30,699$666,451
21$122,346$25,672$544,105
22$127,589$20,430$416,516
23$133,056$14,963$283,460
24$138,757$9,261$144,703
25$144,703$3,315$0

At the end of your 5-year term

Total paid over the term
$740,092
Principal paid down
$287,963
Interest paid
$452,129
Balance remaining
$2,000,037

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 22 whole-home leases in Willowdale East$8,075/mo
$96,900Gross annual rent
2.3%Cap rate after taxes and upkeep
$7,603 to $9,380Typical rent range
~20 daysTo find a tenant, on average

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 numbers

The last 22 whole-home leases in Willowdale East signed at a median of $7,997 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,075. 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.

3.4%
Gross yield
− Property tax $18,347− Insurance $1,400− Vacancy & upkeep $10,659Net operating income $66,494

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

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