2018-15 Northtown Way, Toronto, ON

Willowdale East, Toronto · MLS® C13733768

$609,000
For Sale
Listed 19 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Beautifully Maintained 2 Bedroom Condo in Prime North York Location, Corner unit with lots of windows. vinyl floors in living, dining, and bedrooms.
  • Split 2 Bedrooms & 2 Baths.
  • Great Facilities Including Pool, Tennis Court, Bowling, Gym.

Beautifully Maintained 2 Bedroom Condo in Prime North York Location, Corner unit with lots of windows. vinyl floors in living, dining, and bedrooms. Walking Distance To Subway, Steps To Restaurants, Supermarket, Retail And All Amenities. Split 2 Bedrooms & 2 Baths. Great Facilities Including Pool, Tennis Court, Bowling, Gym. Maintenance fee Includes Heat, Hydro, Water, Parking.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13733768
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Yonge/Finch
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$782/mo
Exposure
North West
Property tax
$2,790 / 2026
Days on market
19
Listing brokerage
ELITE CAPITAL REALTY INC.

Rooms

KitchenFlat2.40 × 2.30 m

open concept · ceramic floor

Bedroom 2Flat3.00 × 2.40 m

vinyl floor · window

Living RoomFlat5.18 × 3.35 m

vinyl floor · combined w/dining

Primary BedroomFlat3.30 × 2.60 m

vinyl floor · 3 pc ensuite

Dining RoomFlat5.18 × 3.35 m

vinyl floor · combined w/living

Our TakeTeam Asgarian · Broker
Above what recent sales support
$540Kautomated estimate, from recent sales

Listed at $609,000. Recent sales of homes like it put this one around $540K, so the ask is about 13% above what similar homes have sold for.

If it sells at this ask, expect about $594K, typically $578K to $604K: that is where homes here have closed against their asks in the last 90 days (140 closings).

List price
$503KBelow recent closings$609KAbove recent closings

Total price vs nearby homes. Fair value about $540K, 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
19days on market so far
$2,814/moest. rent · 11 leases
5.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.5 months of inventory: 72 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 $813/sqft against an area asking average of $813/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 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $557K. 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Schools & getting aroundcatchment and transit

Its public catchment (Cummer Valley Middle 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

Priced above comparable homes overall, but the price per square foot ($813/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 11 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
$597kavg 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 $759/sqft; this home lists at $813/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
609kThis home599k629k558k600k599kThis 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 Cummer Valley Middle School
79%
Cummer Valley Middle SchoolPublic · Elementary · 1.7 km awayAbove the GTA average · 79% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
McKee Public School · Public elementary0.2 km · 86% at standard
St Cyril Catholic School · Catholic elementary0.3 km · 90% at standard
Earl Haig Secondary School · Public secondary0.8 km · 90% at standard
Claude Watson School for the Arts · Public elementary1.1 km · 96% at standard
Willowdale Middle School · Public elementary1.2 km · 78% at standard
Churchill Public School · Public elementary1.2 km · 83% at standard
Avondale Secondary Alternative School · Public secondary1.3 km
Cardinal Carter Academy for the Arts · Catholic secondary1.3 km · 92% at standard
Cardinal Carter ES · Catholic elementary1.3 km
St Antoine Daniel Catholic School · Catholic elementary1.3 km · 58% at standard
R J Lang Elementary and Middle School · Public elementary1.4 km · 60% at standard
Drewry Secondary School · Public secondary1.5 km

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

Affordability & Mortgage

Affordability
$2,776/mo
$131KIncome needed
4.6×Price ÷ income
$641Weekly cost
$17,310Land 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.

73%mortgage
Mortgage $2,776Property tax $233Condo fee $782Total carry $3,790

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)
$2,667per month

Mortgage amount $487,200 · 4.39% over 25 years

$121,800Down payment (20.0%)
$487,200Loan before insurance
$0CMHC premium
$3,681Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,667
Property tax
$233
Condo / maintenance fees
$782
Heating
$0
Estimated monthly cost
$3,681

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

One-time closing costs

Ontario land transfer tax
$8,655
Toronto municipal land transfer tax
$8,655
Estimated closing costs
$17,310

Plus your down payment of $121,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,231/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

$312,842Total interest paid
$800,042Total of all payments
Principal $487,200 Interest $312,842
YearPrincipalInterestBalance
1$11,025$20,977$476,175
2$11,514$20,488$464,661
3$12,025$19,977$452,636
4$12,559$19,443$440,077
5$13,116$18,886$426,961
6$13,698$18,303$413,263
7$14,306$17,695$398,957
8$14,941$17,061$384,016
9$15,604$16,397$368,412
10$16,297$15,705$352,115
11$17,020$14,982$335,095
12$17,775$14,226$317,319
13$18,564$13,437$298,755
14$19,388$12,613$279,367
15$20,249$11,753$259,118
16$21,147$10,854$237,970
17$22,086$9,916$215,884
18$23,066$8,935$192,818
19$24,090$7,912$168,728
20$25,159$6,843$143,569
21$26,276$5,726$117,294
22$27,442$4,560$89,852
23$28,660$3,342$61,192
24$29,932$2,070$31,260
25$31,260$742$0

At the end of your 5-year term

Total paid over the term
$160,008
Principal paid down
$60,239
Interest paid
$99,770
Balance remaining
$426,961

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 11 whole-home leases in Willowdale East$2,814/mo
$33,768Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,589 to $3,039Typical 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 11 whole-home leases in Willowdale East signed at a median of $2,550 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,814. 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.

5.5%
Gross yield
− Property tax $2,790− Condo fees $9,382− Insurance $600− Vacancy & upkeep $3,714Net operating income $17,281

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

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