108 Empress Avenue, Toronto, ON
Willowdale East, Toronto · MLS® C13758890
About this home
In short
- A Rare Opportunity to Own a Truly One-of-a-Kind Luxury Residence in Prestigious Willowdale.
- Professionally renovated with exceptional craftsmanship and timeless character, this remarkable home offers a distinctive design rarely found in the neighbourhood.
- The spectacular cottage-inspired Family Room is truly the heart of the home, featuring soaring wood-beamed ceilings, natural stone flooring, a stunning...
- Dramatic cathedral ceilings, abundant skylights and recessed pot lights create an extraordinary sense of openness and airiness.
- The finished lower level offers a separate entrance, spacious recreation room and additional bedroom with ensuite, providing excellent flexibility for extended...
A Rare Opportunity to Own a Truly One-of-a-Kind Luxury Residence in Prestigious Willowdale. Professionally renovated with exceptional craftsmanship and timeless character, this remarkable home offers a distinctive design rarely found in the neighbourhood. The spectacular cottage-inspired Family Room is truly the heart of the home, featuring soaring wood-beamed ceilings, natural stone flooring, a stunning floor-to-ceiling stone fireplace and walk-outs to the professionally landscaped backyard. Warm architectural details create a perfect balance of luxury, character and comfort. The thoughtfully designed split-level layout naturally defines each living area, offering enhanced privacy while maintaining an effortless flow throughout the home. Occupying its own private upper level, the grand Primary Retreat is one of the home's most impressive features. Dramatic cathedral ceilings, abundant skylights and recessed pot lights create an extraordinary sense of openness and airiness. Complete with custom built-ins, a gas fireplace, private balcony and spacious 5-piece ensuite featuring double sinks, a soaker tub and separate glass-enclosed shower. All four bedrooms enjoy desirable south-facing exposure, bathing the rooms in abundant natural light throughout the day. The finished lower level offers a separate entrance, spacious recreation room and additional bedroom with ensuite, providing excellent flexibility for extended family, guests, nanny suite or home office. The beautifully landscaped backyard features multiple stone patios, lush greenery and exceptional privacy-an ideal setting for outdoor entertaining or peaceful relaxation. With an impressive estate-like presence, this exceptional residence is surrounded by luxury custom homes and conveniently close to parks, transit and top-ranked schools, including Earl Haig Secondary School.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- C13758890
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 50.06 × 128.15 ft
- Cross streets
- Finch/Yonge/Sheppard
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Available
- Basement
- Separate Entrance, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $14,267 / 2026
- Days on market
- 2
- Listing brokerage
- HOMELIFE LANDMARK REALTY INC.
Rooms
hardwood floor · halogen lighting · crown moulding
stone floor · gas fireplace · w/o to garden
crown moulding · halogen lighting · closet
cathedral ceiling(s) · crown moulding · closet
hardwood floor · halogen lighting · pantry
combined w/family · wall sconce lighting · stone floor
hardwood floor · halogen lighting · above grade window
4 pc bath · crown moulding · closet
6 pc ensuite · gas fireplace · w/o to balcony
3 pc ensuite · hardwood floor · above grade window
hardwood floor · b/i shelves · bow window
Listed at $2,380,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $2.34M, typically $2.07M to $2.63M. Comparable closings on their own put this home around $2.23M, which agrees with the ask, so this is a firm read.
Second read, from the city assessment: $2.33M. 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 $2.34M, median of 52 comparables.
The market behind the math:
About 4.1 months of inventory: 50 detached homes for sale in the area against 37 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $865/sqft against an area asking average of $893/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 52 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 $2.33M, a close match.
What the listing highlights4 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
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- 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.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Willowdale East, so I widened the search to the surrounding area.
Based on 52 comparable homes that sold in Willowdale East over the past two years, from 214 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $2.23M, which is where my estimate comes from.
Per square foot, these ask about $821/sqft; this home lists at $865/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 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 $1,904,000 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,265
- Property tax
- $1,189
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,454
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $45,975
- Toronto municipal land transfer tax
- $45,975
- Estimated closing costs
- $91,950
Plus your down payment of $476,000. 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
- $615,881
- Principal paid down
- $239,633
- Interest paid
- $376,248
- Balance remaining
- $1,664,367
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 32 whole-home leases in Willowdale East signed at a median of $6,370 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,121. 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 HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.