176 Elmwood Avenue, Toronto, ON
Willowdale East, Toronto · MLS® C13789942
About this home
In short
- Welcome to 176 Elmwood Ave, an exceptional custom residence in prestigious Willowdale East.
- Grand 18-ft Foyer, soaring ceilings, elegant principal rooms, private library and gourmet kitchen with centre island, cathedral-ceiling breakfast area and walk-out to...
- Hardwood Floor,Potlights,Elegant Waiscotting and detailed millork throughout.
- Spacious bedrooms with multiple ensuites and luxurious primary bedroom with 6-piece ensuite.
- Finished Walkout Basement with huge recreation room, wet bar, kitchen, fireplace, sauna and 2 additional bedrooms - ideal for a large family or excellent income...
Welcome to 176 Elmwood Ave, an exceptional custom residence in prestigious Willowdale East! Situated on a rare 62.06 x 132.24 ft lot with a Rare 3-Car Garage, this impressive home offers approximately 7,000 sq. ft. of living space featuring 5+2 bedrooms and 6 bathrooms. Grand 18-ft Foyer, soaring ceilings, elegant principal rooms, private library and gourmet kitchen with centre island, cathedral-ceiling breakfast area and walk-out to deck. Hardwood Floor,Potlights,Elegant Waiscotting and detailed millork throughout.Spacious bedrooms with multiple ensuites and luxurious primary bedroom with 6-piece ensuite. Finished Walkout Basement with huge recreation room, wet bar, kitchen, fireplace, sauna and 2 additional bedrooms - ideal for a large family or excellent income potential. Skylight,Extra Wide Interlocking Driveway,Flagstone Porch/Steps & More!!Top-rated Earl Haig Secondary School and Hollywood Public School.Newer Roof,furnace and AC. Hot Water tank and water softner are owned.Prime location close to Yonge/Sheppard, subway, shopping, restaurants, parks. A rare opportunity to own a truly exceptional Willowdale residence! M-U-S-T C!!!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13789942
- Bedrooms
- 5+2 (7 total)
- Bathrooms
- 6 (1 half)
- Size
- 5,000 sq ft
- Lot
- 62.02 × 132.24 ft
- Cross streets
- Yonge / Sheppard
- Parking
- 3 garage · 9 parking (built-in)
- Driveway
- Private Triple
- Basement
- Finished with Walk-Out, Apartment
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $20,104 / 2026
- Days on market
- 33
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
6 pc ensuite · his and hers closets · walk-in closet(s)
granite floor · w/o to deck · cathedral ceiling(s)
hardwood floor · fireplace · hardwood floor
hardwood floor · french doors · hardwood floor
4 pc ensuite · parquet · double closet
fireplace · wet bar · sauna
crown moulding · sunken room · hardwood floor
stainless steel appl · granite counters · centre island
hardwood floor · french doors · wainscoting
4 pc ensuite · parquet · double closet
4 pc ensuite · parquet · double closet
3 pc ensuite · parquet · double closet
This home is in the largest size bracket the board records (5,000 sq ft and up). Comparable-sales math compares homes by size, and too few homes this large sell nearby to compare it fairly, so no automatic estimate is shown. The largest homes in Willowdale East (3,500 sq ft and up) have sold between $1.50M and $4.50M over the last two years (74 sales).
Considering this property? Request a written price readOn 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.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $685/sqft; this home lists at $596/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 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 20, 2026); conventional rates run a little higher.
Mortgage amount $2,384,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $13,182
- Property tax
- $1,675
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $14,857
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $60,975
- Toronto municipal land transfer tax
- $60,975
- Estimated closing costs
- $121,950
Plus your down payment of $596,000. 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
- $790,893
- Principal paid down
- $291,281
- Interest paid
- $499,612
- Balance remaining
- $2,092,719
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 (30 of 225 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 21 whole-home leases in Willowdale East signed at a median of $8,037 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,707. 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 RE/MAX REALTRON REALTY INC.. MLS®/PropTx.