538-3 Everson Drive, Toronto, ON

Willowdale East, Toronto · MLS® C13766560

$385,000
For Sale
Listed 39 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • Bright, Functional and Well Maintained 2-Storey End-Unit Condo Townhouse in North York's MOST PRESTIGIOUS condo community - Avondale.
  • Discover EXCEPTIONAL VALUE and smart design in this well-maintained 1-bedroom condo townhouse at 3 Everson Dr #538.
  • The main floor features stylish laminate flooring, an open-concept living/dining area, a practical kitchen equipped with a dishwasher and a large entrance foyer.
  • Upstairs, the private bedroom level includes laundry room (new washer)and a full 4-piece bath.
  • WALK TO SHEPPARD SUBWAY Station, with quick access to Yonge St. & Hwy 401.

Bright, Functional and Well Maintained 2-Storey End-Unit Condo Townhouse in North York's MOST PRESTIGIOUS condo community - Avondale! Discover EXCEPTIONAL VALUE and smart design in this well-maintained 1-bedroom condo townhouse at 3 Everson Dr #538. The practical two-level layout offers true separation of living and sleeping spaces with no wasted space. The main floor features stylish laminate flooring, an open-concept living/dining area, a practical kitchen equipped with a dishwasher and a large entrance foyer. Upstairs, the private bedroom level includes laundry room (new washer)and a full 4-piece bath. Enjoy your own PATIO SPACE right outside the unit - perfect for morning coffee or fresh air breaks. The LOCATION IS UNBEATABLE! Avondale Park is right next door, offering green space rarely found in the city. 24-hour Rabba, Starbucks and Pizza Nova. WALK TO SHEPPARD SUBWAY Station, with quick access to Yonge St. & Hwy 401. Restaurants, cafes, grocery stores, and everyday conveniences line Yonge Street, making errands effortless. ALL-INCLUSIVE MAINTENANCE FEES include all utilities, simplifying monthly budgeting. 1 UNDERGROUND PARKING SPOT and a Locker included, conveniently located close to the stairwell entrance. A fantastic opportunity for first-time buyers, investors, or anyone seeking a functional townhouse lifestyle in a premium North York community. This townhome is move-in ready.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
C13766560
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
Yonge St & Hwy 401
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$652/mo
Exposure
South East
Property tax
$2,517 / 2025
Days on market
39
Listing brokerage
CENTURY 21 PERCY FULTON LTD.

Rooms

Primary BedroomUpper10.43 × 8.56 m
Dining RoomMain12.30 × 13.42 m

Combined w/Living

Living RoomMain12.30 × 13.42 m

Combined w/Dining

KitchenMain9.02 × 8.27 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$373Klikely sale price

Listed at $385,000. Going by how homes in Willowdale East and the wider GTA have actually closed against their asking prices (about 97%, 12 local closings in 90 days), the likely sale price is near $373K, if it sells. A realistic range is $351K to $403K.

Independent value check: $432K. Without looking at the asking price, our model values the home itself about 12% above the ask (homes like it typically land between $402K and $454K).

Why $432K. The typical townhouse sold in Willowdale East over the past year went for about $853K (54 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $2,517 a year; the typical home sold here pays about $4,700.
  • ▼ Lowers it stronglyIt is 500 to 599 sq ft; the typical home sold here is 1,400 to 1,599.
  • ▼ Lowers it strongly1 bedrooms and 1 baths, against 2.5+1 and 3 typically.
  • ▲ Raises itIts maintenance fee is $652 a month; the typical unit sold here pays about $780.
List price
$351KBelow recent closings$403KAbove recent closings

Total price vs nearby homes. Likely closing about $373K, from 12 recent closings in this pocket.

The market behind the math:

12sold nearby · 90 days
$928Kmedian sold price
99%of asking, on average
+21%prices vs a year ago
~56 dayshomes like this take to sell
39days on market so far
$2,031/moest. rent · 29 leases
6.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.3 months of inventory: 9 condo townhouse homes for sale in the area against 12 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 $701/sqft against an area asking average of $671/sqft.

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 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $390K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Open-concept layout: modern, sought-after flow. 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 (Claude Watson School for the Arts) 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

Below comparable homes on total price, yet the price per square foot ($701/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

There were not many closely comparable homes right in Willowdale East, so I widened the search to the surrounding area.

Based on 12 comparable homes that sold in Willowdale East over the past two years, from 124 closings there.

What sellers nearby are askingCurrently listed nearby in Willowdale East · asking prices
$482kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $432K, which is where my estimate comes from.

Per square foot, these ask about $704/sqft; this home lists at $701/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
385kThis home377k469k599kThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Toronto: $684K in September 2026, down 3% from a year ago, on 1,425 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$702K150
November 2025$709K130
December 2025$705K63
January 2026$695K77
February 2026$728K104
March 2026$715K121
April 2026$711K147
May 2026$726K131
June 2026$706K132
July 2026$683K156
August 2026$669K116
September 2026$684K98

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.

St. Andrew-Windfields
$929K
Downsview-Roding-CFB
$699K
Casa Loma
$2.80M
Victoria Village
$754K
Dorset Park
$671K

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 Claude Watson School for the Arts
96%
Claude Watson School for the ArtsPublic · Elementary · 1.0 km awayAmong the top in the GTA · 96% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Avondale Alternative Elementary School · Public elementary0.5 km · 94% at standard
Avondale Public School · Public elementary0.5 km · 70% at standard
St Edward Catholic School · Catholic elementary0.7 km · 89% at standard
Cardinal Carter ES · Catholic elementary0.8 km
Cardinal Carter Academy for the Arts · Catholic secondary0.8 km · 92% at standard
Cameron Public School · Public elementary1.3 km · 81% at standard
Earl Haig Secondary School · Public secondary1.4 km · 90% at standard
St Andrew's Middle School · Public elementary1.4 km · 81% at standard
Owen Public School · Public elementary1.4 km · 59% at standard
Loretto Abbey Catholic Secondary School · Catholic secondary1.8 km · 76% at standard
Hollywood Public School · Public elementary1.9 km · 96% at standard
McKee Public School · Public elementary1.9 km · 86% at standard

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

Affordability & Mortgage

Affordability
$1,755/mo
$90KIncome needed
4.3×Price ÷ income
$405Weekly cost
$8,500Land 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.

67%mortgage
Mortgage $1,755Property tax $210Condo fee $652Total carry $2,616

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,703per month

Mortgage amount $308,000 · 4.49% over 25 years

$77,000Down payment (20.0%)
$308,000Loan before insurance
$0CMHC premium
$2,565Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,703
Property tax
$210
Condo / maintenance fees
$652
Heating
$0
Estimated monthly cost
$2,565

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

One-time closing costs

Ontario land transfer tax
$4,250
Toronto municipal land transfer tax
$4,250
Estimated closing costs
$8,500

Plus your down payment of $77,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,061/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

$202,895Total interest paid
$510,895Total of all payments
Principal $308,000 Interest $202,895
YearPrincipalInterestBalance
1$6,873$13,563$301,127
2$7,185$13,250$293,941
3$7,512$12,924$286,430
4$7,853$12,583$278,577
5$8,209$12,227$270,368
6$8,582$11,854$261,786
7$8,972$11,464$252,815
8$9,379$11,057$243,436
9$9,805$10,631$233,631
10$10,250$10,186$223,381
11$10,715$9,721$212,666
12$11,202$9,234$201,464
13$11,710$8,725$189,754
14$12,242$8,194$177,512
15$12,798$7,638$164,714
16$13,379$7,057$151,335
17$13,986$6,449$137,348
18$14,622$5,814$122,727
19$15,285$5,150$107,441
20$15,979$4,456$91,462
21$16,705$3,731$74,757
22$17,463$2,972$57,293
23$18,256$2,179$39,037
24$19,085$1,351$19,952
25$19,952$484$0

At the end of your 5-year term

Total paid over the term
$102,179
Principal paid down
$37,632
Interest paid
$64,547
Balance remaining
$270,368

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 29 whole-home leases in Willowdale East$2,031/mo
$24,372Gross annual rent
2.8%Cap rate after taxes and upkeep
$1,930 to $2,163Typical rent range
~25 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 29 whole-home leases in Willowdale East signed at a median of $2,282 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,031. 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.

6.3%
Gross yield
− Property tax $2,517− Condo fees $7,823− Insurance $600− Vacancy & upkeep $2,681Net operating income $10,751

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PERCY FULTON LTD.. MLS®/PropTx.

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