312-18 Parkview Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13777478

$538,000
For Sale
Listed 8 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Welcome to Unit 312 at 18 Parkview Avenue-a beautifully renovated, move-in-ready condo offering modern comfort and convenience Bright & Spacious 2-Bedroom ,2-bathroom...
  • Freshly Renovated: Brand-new laminate flooring throughout and fully repainted in a clean, neutral palette.
  • Functional, open-concept floor plan maximizing living space and natural light.
  • Prime Location: Steps away from Yonge Street, Finch/North York Centre subway stations, vibrant dining, shopping, parks, and quick access to Highway 401.

Welcome to Unit 312 at 18 Parkview Avenue-a beautifully renovated, move-in-ready condo offering modern comfort and convenience Bright & Spacious 2-Bedroom ,2-bathroom plus 2 balcony Condo in the Heart of North York! Freshly Renovated: Brand-new laminate flooring throughout and fully repainted in a clean, neutral palette. Updated Kitchen: Features a sleek, brand-new countertop-perfect for cooking and entertaining. Functional, open-concept floor plan maximizing living space and natural light. Prime Location: Steps away from Yonge Street, Finch/North York Centre subway stations, vibrant dining, shopping, parks, and quick access to Highway 401. An ideal opportunity for first-time buyers, downsizers, or investors looking for a turn-key property in a highly sought-after neighborhood!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13777478
Bedrooms
2
Bathrooms
2 (1 half)
Size
800-899 sq ft
Cross streets
Yonge/ Parkview
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$828/mo
Exposure
North West
Property tax
$3,062 / 2026
Days on market
8
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Dining RoomMain4.57 × 3.18 m

combined w/living · laminate · w/o to balcony

Bedroom 2Main2.59 × 3.05 m

closet · laminate

KitchenMain2.54 × 2.43 m

breakfast bar · stainless steel appl

Primary BedroomMain4.27 × 3.05 m

walk-in closet(s) · w/o to balcony · laminate

Living RoomMain4.57 × 3.18 m

combined w/dining · laminate

Our TakeTeam Asgarian · Broker
Below what recent sales support
$586Kautomated estimate, from recent sales

Listed at $538,000, which is about 8% below what comparable homes suggest.

The usual discount does not apply here. Homes listed this far under their comparable sales often close at or above the ask, so no closing range is shown.

List price
$538KBelow recent closings$616KAbove recent closings

Total price vs nearby homes. Fair value about $586K, 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
8days on market so far
$2,983/moest. rent · 44 leases
6.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.4 months of inventory: 67 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 $633/sqft against an area asking average of $774/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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $578K. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
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.

Based on 4 homes sold in this building over the past year, plus 1 nearby in Willowdale East, from 500 closings in Willowdale East.

What sellers nearby are askingCurrently listed nearby in Willowdale East · asking prices
$561kavg 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 $665/sqft; this home lists at $633/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
538kThis home549k558k599k600k499kThis 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 · 2.1 km awayAbove the GTA average · 79% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
McKee Public School · Public elementary0.3 km · 86% at standard
Earl Haig Secondary School · Public secondary0.6 km · 90% at standard
St Cyril Catholic School · Catholic elementary0.7 km · 90% at standard
Claude Watson School for the Arts · Public elementary0.7 km · 96% at standard
Cardinal Carter Academy for the Arts · Catholic secondary0.9 km · 92% at standard
Cardinal Carter ES · Catholic elementary0.9 km
Willowdale Middle School · Public elementary1.1 km · 78% at standard
Churchill Public School · Public elementary1.1 km · 83% at standard
St Antoine Daniel Catholic School · Catholic elementary1.5 km · 58% at standard
Avondale Alternative Elementary School · Public elementary1.6 km · 94% at standard
Avondale Public School · Public elementary1.6 km · 70% at standard
Avondale Secondary Alternative School · Public secondary1.7 km

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

Affordability & Mortgage

Affordability
$2,452/mo
$121KIncome needed
4.5×Price ÷ income
$566Weekly cost
$14,470Land 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.

69%mortgage
Mortgage $2,452Property tax $255Condo fee $828Total carry $3,535

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)
$2,356per month

Mortgage amount $430,400 · 4.39% over 25 years

$107,600Down payment (20.0%)
$430,400Loan before insurance
$0CMHC premium
$3,439Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,356
Property tax
$255
Condo / maintenance fees
$828
Heating
$0
Estimated monthly cost
$3,439

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

One-time closing costs

Ontario land transfer tax
$7,235
Toronto municipal land transfer tax
$7,235
Estimated closing costs
$14,470

Plus your down payment of $107,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,854/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

$276,370Total interest paid
$706,770Total of all payments
Principal $430,400 Interest $276,370
YearPrincipalInterestBalance
1$9,739$18,531$420,661
2$10,172$18,099$410,489
3$10,623$17,648$399,866
4$11,095$17,176$388,771
5$11,587$16,684$377,184
6$12,101$16,170$365,083
7$12,638$15,632$352,445
8$13,199$15,072$339,245
9$13,785$14,486$325,460
10$14,397$13,874$311,064
11$15,036$13,235$296,028
12$15,703$12,568$280,325
13$16,400$11,871$263,925
14$17,128$11,143$246,797
15$17,888$10,383$228,909
16$18,682$9,589$210,227
17$19,511$8,760$190,716
18$20,377$7,894$170,339
19$21,281$6,989$149,057
20$22,226$6,045$126,831
21$23,212$5,058$103,619
22$24,243$4,028$79,376
23$25,318$2,952$54,058
24$26,442$1,829$27,616
25$27,616$655$0

At the end of your 5-year term

Total paid over the term
$141,354
Principal paid down
$53,216
Interest paid
$88,138
Balance remaining
$377,184

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 44 whole-home leases in Willowdale East$2,983/mo
$35,796Gross annual rent
3.4%Cap rate after taxes and upkeep
$2,834 to $3,132Typical 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 44 whole-home leases in Willowdale East signed at a median of $2,930 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,983. 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.

6.7%
Gross yield
− Property tax $3,062− Condo fees $9,936− Insurance $600− Vacancy & upkeep $3,938Net operating income $18,261

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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