3022 Bayview Avenue, Toronto, ON
Willowdale East, Toronto · MLS® C13783200
About this home
In short
- A Rare Opportunity in Prime Willowdale East - Luxury Family Home with Flexible Live/Work & Future Development Potential.
- The grand 18-foot 2-storey foyer welcomes you into spacious living and dining rooms featuring elegant French doors, hardwood floors, LED pot lights and refined...
- The oak staircase leads to a spacious second floor with a large primary suite featuring a 6-piece ensuite, expansive walk-in closet and bay window.
- The finished basement provides exceptional flexibility, with an open-concept entertainment area, 3 additional bedrooms, a 3-piece bathroom and kitchen area.
- This provides an opportunity for the new owner to redesign and rebuild the lower level to suit their own needs and vision, whether for extended-family living, guest...
A Rare Opportunity in Prime Willowdale East - Luxury Family Home with Flexible Live/Work & Future Development Potential!Welcome to this impressive solid-brick 2-storey family home, built in 1996, ideally situated in the highly sought-after Willowdale East neighbourhood along prestigious Bayview Avenue. Offering exceptional space, functionality and flexibility, this property is well suited for family living, professional home office, flexible live/work use, or potential income-generating opportunities, subject to applicable zoning and municipal approvals.The grand 18-foot 2-storey foyer welcomes you into spacious living and dining rooms featuring elegant French doors, hardwood floors, LED pot lights and refined wainscotting. The generous family-sized kitchen includes a breakfast area and walk-out to a two-tier deck, overlooking the private outdoor space. A warm and inviting family room with gas fireplace and California shutters provides the perfect setting for everyday family living and entertaining.The oak staircase leads to a spacious second floor with a large primary suite featuring a 6-piece ensuite, expansive walk-in closet and bay window. Additional bedrooms are generously sized, with hardwood floors and multiple bathrooms, including two additional ensuite bedrooms, providing excellent privacy and flexibility for a large family, guests, or professional/live-work arrangements.The finished basement provides exceptional flexibility, with an open-concept entertainment area, 3 additional bedrooms, a 3-piece bathroom and kitchen area. Please note: following a previous basement flooding incident, ***the basement flooring and drywall have been removed***. This provides an opportunity for the new owner to redesign and rebuild the lower level to suit their own needs and vision, whether for extended-family living, guest accommodation, home office/studio space or potential income-generating use.Sale "AS IS WHERE IS "
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13783200
- Bedrooms
- 4+3 (7 total)
- Bathrooms
- 5 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 40 × 111.34 ft
- Cross streets
- Bayview Ave & Parkview Ave
- Parking
- 1 garage · 5 parking (attached)
- Basement
- Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $11,183 / 2025
- Days on market
- 23
- Listing brokerage
- HOMELIFE NEW WORLD REALTY INC.
Rooms
fireplace · hardwood floor · california shutters
w/o to deck · breakfast area · stainless steel appl
5 pc bath · hardwood floor · closet
4 pc bath · closet · bay window
crown moulding · french doors · led lighting
hardwood floor · walk-in closet(s) · 6 pc bath
laminate · 3 pc bath · led lighting
large window · hardwood floor · closet
bay window · hardwood floor · french doors
tile floor · led lighting · above grade window
Listed at $1,598,000. Going by how homes in Willowdale East and the wider GTA have actually closed against their asking prices (about 98%, 32 local closings in 90 days), the likely sale price is near $1.56M, if it sells. A realistic range is $1.46M to $1.76M.
Independent value check: $1.89M. Without looking at the asking price, our model values the home itself about 19% above the ask (homes like it typically land between $1.78M and $1.99M).
Why $1.89M. The typical detached home sold in Willowdale East over the past year went for about $2.29M (110 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $11,183 a year; the typical home sold here pays about $14,400.
- ▼ Lowers itThe listing presents it as a home to renovate or rebuild.
- ▼ Lowers it slightlyIt is 2,500 to 3,000 sq ft; the typical home sold here is 3,000 to 3,500.
Total price vs nearby homes. Likely closing about $1.56M, from 32 recent closings in this pocket.
The market behind the math:
About 1.4 months of inventory: 15 detached homes for sale in the area against 32 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $581/sqft against an area asking average of $914/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.
It never sees the asking price. The 32 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.85M. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
Schools & getting aroundcatchment and transit
On schools, this address is zoned for Hollywood Public 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.
Based on 32 comparable homes that sold in Willowdale East over the past two years, from 218 closings there.
Nothing 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 $1.89M, which is where my estimate comes from.
Per square foot, these ask about $735/sqft; this home lists at $581/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Willowdale East: $2.45M in September 2026, down 8% from a year ago, on 109 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $2.34M | 6 |
| November 2025 | $2.58M | 10 |
| December 2025 | $2.20M | 5 |
| January 2026 | $1.68M | 5 |
| February 2026 | $1.44M | 8 |
| March 2026 | $2.10M | 9 |
| April 2026 | $2.50M | 7 |
| May 2026 | $2.40M | 13 |
| June 2026 | $2.25M | 13 |
| July 2026 | $1.60M | 13 |
| August 2026 | $2.38M | 12 |
| September 2026 | $2.45M | 8 |
Neighbourhood & 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 4.34% via Ratehub.ca (as of October 7, 2026); conventional rates run a little higher.
Mortgage amount $1,278,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,068
- Property tax
- $932
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,000
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,435
- Toronto municipal land transfer tax
- $28,435
- Estimated closing costs
- $56,870
Plus your down payment of $319,600. 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
- $424,110
- Principal paid down
- $156,197
- Interest paid
- $267,913
- Balance remaining
- $1,122,203
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
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 20 whole-home leases in Willowdale East signed at a median of $7,037 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,266. 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 NEW WORLD REALTY INC.. MLS®/PropTx.