2805-18 Spring Garden Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13794204

$748,000
For Sale
Listed 33 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Rarely Available Corner Suite at Yonge & Sheppard.
  • Experience over 1,000 sq. ft. of luxurious indoor living in the vibrant heart of North York.
  • This gorgeous 2-bedroom plus den corner unit features a highly desired split-layout with stunning, unobstructed northeast views.
  • Enjoy a seamless open-concept living and dining area perfect for entertaining, plus a spacious private balcony.

Rarely Available Corner Suite at Yonge & Sheppard! Experience over 1,000 sq. ft. of luxurious indoor living in the vibrant heart of North York. This gorgeous 2-bedroom plus den corner unit features a highly desired split-layout with stunning, unobstructed northeast views. Every bedroom boasts large windows-including the kitchen-filling the space with natural light. The versatile den features its own window and can easily be converted into a true third bedroom (by just adding a door). Enjoy a seamless open-concept living and dining area perfect for entertaining, plus a spacious private balcony. Steps from the Yonge/Sheppard TTC subway station, premier shopping, dining, and cafes. Watch the virtual tour today! Maintenance covers all utilities (heat, hydro, water)

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13794204
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Yonge/Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,011/mo
Exposure
North East
Property tax
$3,998 / 2026
Days on market
33
Listing brokerage
MASTER`S CHOICE REALTY INC.

Rooms

Living RoomMain3.14 × 3.07 m

hardwood floor · w/o to balcony

KitchenMain2.55 × 2.41 m

granite counters · window

Primary BedroomMain4.38 × 3.11 m

broadloom · walk-in closet(s) · 3 pc ensuite

Dining RoomMain4.12 × 3.10 m

hardwood floor · combined w/living

DenMain2.55 × 2.33 m

hardwood floor · w/o to balcony · b/i shelves

Bedroom 2Main4.70 × 2.89 m

broadloom · closet · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$725Klikely sale price

Listed at $748,000. Going by how homes in Willowdale East have actually closed against their asking prices (about 97%, 125 local closings in 90 days), the likely sale price is near $725K, if it sells. A realistic range is $683K to $784K.

Independent value check: $703K. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $654K and $739K).

Why $703K. The typical condo sold in Willowdale East over the past year went for about $588K (505 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,998 a year; the typical home sold here pays about $3,100.
  • ▲ Raises itIt is 1,000 to 1,199 sq ft; the typical home sold here is 800 to 899.
List price
$683KBelow recent closings$784KAbove recent closings

Total price vs nearby homes. Likely closing about $725K, from 125 recent closings in this pocket.

The market behind the math:

125sold nearby · 90 days
$550Kmedian sold price
97%of asking, on average
−15%prices vs a year ago
~28 dayshomes like this take to sell
33days on market so far
$3,438/moest. rent · 6 leases
5.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.1 months of inventory: 47 condo apartment homes for sale in the area against 125 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 $680/sqft against an area asking average of $674/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 125 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $691K. Condition and finishes remain an in-person call.

What the listing highlights1 point 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
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

Priced above comparable homes overall, but the price per square foot ($680/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 13 homes sold in this building over the past year, from 500 closings in Willowdale East.

What sellers nearby are askingCurrently listed nearby in Willowdale East · asking prices
$706kavg 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 $642/sqft; this home lists at $680/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
748kThis home699k669k648k645k868kThis home vs active comparables

Sold price trend

Median sold price for condos in Willowdale East: $530K in September 2026, down 9% from a year ago, on 496 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.

Month by month
MonthMedian soldClosings
October 2025$645K51
November 2025$570K27
December 2025$580K31
January 2026$597K20
February 2026$559K18
March 2026$633K41
April 2026$585K47
May 2026$570K59
June 2026$531K50
July 2026$595K62
August 2026$540K47
September 2026$530K43

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
$526K
Dovercourt-Wallace Emerson-Junction
$640K
North St. James Town
$765K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K

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 · 0.1 km awayAmong the top in the GTA · 96% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Cardinal Carter Academy for the Arts · Catholic secondary0.1 km · 92% at standard
Cardinal Carter ES · Catholic elementary0.1 km
Earl Haig Secondary School · Public secondary0.6 km · 90% at standard
Avondale Alternative Elementary School · Public elementary1.0 km · 94% at standard
Avondale Public School · Public elementary1.0 km · 70% at standard
McKee Public School · Public elementary1.0 km · 86% at standard
St Edward Catholic School · Catholic elementary1.3 km · 89% at standard
Willowdale Middle School · Public elementary1.3 km · 78% at standard
St Cyril Catholic School · Catholic elementary1.4 km · 90% at standard
Cameron Public School · Public elementary1.5 km · 81% at standard
Churchill Public School · Public elementary1.5 km · 83% at standard
Hollywood Public School · Public elementary1.6 km · 96% at standard

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

Affordability & Mortgage

Affordability
$3,409/mo
$163KIncome needed
4.6×Price ÷ income
$787Weekly cost
$22,870Land 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.

72%mortgage
Mortgage $3,409Property tax $333Condo fee $1,011Total carry $4,753

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,309per month

Mortgage amount $598,400 · 4.49% over 25 years

$149,600Down payment (20.0%)
$598,400Loan before insurance
$0CMHC premium
$4,653Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,309
Property tax
$333
Condo / maintenance fees
$1,011
Heating
$0
Estimated monthly cost
$4,653

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

One-time closing costs

Ontario land transfer tax
$11,435
Toronto municipal land transfer tax
$11,435
Estimated closing costs
$22,870

Plus your down payment of $149,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,005/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

$394,197Total interest paid
$992,597Total of all payments
Principal $598,400 Interest $394,197
YearPrincipalInterestBalance
1$13,354$26,350$585,046
2$13,960$25,744$571,086
3$14,594$25,110$556,492
4$15,257$24,447$541,236
5$15,949$23,755$525,287
6$16,673$23,030$508,613
7$17,430$22,273$491,183
8$18,222$21,482$472,961
9$19,049$20,655$453,912
10$19,914$19,790$433,998
11$20,818$18,886$413,179
12$21,763$17,940$391,416
13$22,752$16,952$368,664
14$23,785$15,919$344,880
15$24,865$14,839$320,015
16$25,994$13,710$294,021
17$27,174$12,530$266,848
18$28,408$11,296$238,440
19$29,697$10,007$208,743
20$31,046$8,658$177,697
21$32,455$7,249$145,242
22$33,929$5,775$111,313
23$35,469$4,234$75,843
24$37,080$2,624$38,763
25$38,763$940$0

At the end of your 5-year term

Total paid over the term
$198,519
Principal paid down
$73,113
Interest paid
$125,406
Balance remaining
$525,287

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 6 whole-home leases in Willowdale East$3,438/mo
$41,256Gross annual rent
2.7%Cap rate after taxes and upkeep
$3,163 to $3,713Typical rent range
~20 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 6 whole-home leases in Willowdale East signed at a median of $3,000 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,438. 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.

5.5%
Gross yield
− Property tax $3,998− Condo fees $12,133− Insurance $600− Vacancy & upkeep $4,538Net operating income $19,988

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of MASTER`S CHOICE REALTY INC.. MLS®/PropTx.

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