356 Hillcrest Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13799038

$3,788,000
For Sale
Listed 28 days agoNo offer date stated
Request a showing
◎ Directions
4+1Bedrooms
7Bathrooms
2Garage · 6 parking
3500-5000Sq ft

About this home

In short

  • Exceptional Craftsmanship Throughout Featuring 10-ft Ceilings on Main, 2nd Flr & Bsmt Rec Area, Extensive Hardwood & Marble Flooring, Coffered/Vaulted Ceilings...
  • Luxurious Primary Retreat Boasts A Spa-like 9-pc Ensuite W/Air Tub & Steam Shower.
  • Premium Features Include Radiant Heated Floors in Foyer, All Baths & BSMT Rec..
  • Control4 Smart Home System, Central Vacuum, Central Music System, Security Cameras, Auto Sprinkler System, EV Charger, 200-Amp Electrical Service, and Renovated Garage.
  • Steps to Top-ranked Schools Including Hollywood PS, Earl Haig SS & St.

Welcome to This Magnificent French-inspired Estate in Prestigious Willowdale East. Showcasing a Timeless Limestone Facade, Elegant Metal Dormers, and A Grand Arched Entrance, This Custom-built Residence Offers Over 6,000 sq.ft. of Luxurious Living Space on A premium 50' x 133' Lot. Exceptional Craftsmanship Throughout Featuring 10-ft Ceilings on Main, 2nd Flr & Bsmt Rec Area, Extensive Hardwood & Marble Flooring, Coffered/Vaulted Ceilings, Custom Wall Paneling, Wainscoting, Crown Mouldings, Designed Chandeliers & Rope Lights. The Functional Layout Offers Expansive Living & Dining Rms, A Stunning Family Rm w/Custom Wall Unit & W/O to A Large Deck and Fully Fenced Backyard. The Chef-inspired Kitchen Is equipped w/premium cabinetry, quartz counters & backsplash, pantry wall, spacious Breakfast Area, and top-of-the-line Wolf & Sub-Zero appliances. Sophisticated Mahogany Library W/Built-ins. Sandalwood Wine Cellar In BSMT. All Levels Feature 8-ft Solid Interior Doors. Most Window Glass Recently Upgraded. Luxurious Primary Retreat Boasts A Spa-like 9-pc Ensuite W/Air Tub & Steam Shower. Premium Features Include Radiant Heated Floors in Foyer, All Baths & BSMT Rec.. Control4 Smart Home System, Central Vacuum, Central Music System, Security Cameras, Auto Sprinkler System, EV Charger, 200-Amp Electrical Service, and Renovated Garage. Beautifully Landscaped with Interlock Driveway & Entrance. Steps to Top-ranked Schools Including Hollywood PS, Earl Haig SS & St. Gabriel Catholic School. Conveniently Located Near Parks, TTC, Subway, Bayview Village, Shopping, Dining & All Amenities. A Rare Opportunity to Own An Exceptional Luxury Residence In One of North York's Most Sought-after Neighborhoods. Move In and Enjoy!

Key facts

Property type
Detached, 2-Storey
MLS®
C13799038
Bedrooms
4+1 (5 total)
Bathrooms
7 (2 half)
Size
3500-5000 sq ft
Lot
50 × 133 ft
Cross streets
Bayview / Sheppard
Parking
2 garage · 6 parking (attached)
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$21,485 / 2026
Days on market
28
Listing brokerage
AIMHOME REALTY INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$3.69Mlikely sale price

Listed at $3,788,000. Going by how homes in Willowdale East and the wider GTA have actually closed against their asking prices (about 98%, 31 local closings in 90 days), the likely sale price is near $3.69M, if it sells. A realistic range is $3.46M to $4.16M.

Independent value check: $3.29M. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $3.08M and $3.45M).

Why $3.29M. The typical detached home sold in Willowdale East over the past year went for about $2.29M (110 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $21,485 a year; the typical home sold here pays about $14,400.
  • ▲ Raises itIt is 3,500 to 5,000 sq ft; the typical home sold here is 3,000 to 3,500.
  • ▲ Raises it4+1 bedrooms and 7 baths, against 4+1 and 5 typically.
List price
$3.46MBelow recent closings$4.16MAbove recent closings

Total price vs nearby homes. Likely closing about $3.69M, from 31 recent closings in this pocket.

The market behind the math:

31sold nearby · 90 days
$2.30Mmedian sold price
97%of asking, on average
+5%prices vs a year ago
~25 dayshomes like this take to sell
28days on market so far
$8,042/moest. rent · 37 leases
2.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.4 months of inventory: 14 detached homes for sale in the area against 31 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 $891/sqft against an area asking average of $776/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Willowdale East: 31 of the 225 detached leases here lately were basement units, around $2,150 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
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 31 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $3.16M. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
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.

Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 31 comparable homes that sold in Willowdale East over the past two years, from 217 closings there.

What sellers nearby are askingCurrently listed nearby in Willowdale East · asking prices
$3.65Mavg 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 $858/sqft; this home lists at $891/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
3.79MThis home3.79M4.00M4.00M2.80MThis home vs active comparables

Sold 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.

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$2.34M6
November 2025$2.58M10
December 2025$2.20M5
January 2026$1.68M5
February 2026$1.44M8
March 2026$2.10M9
April 2026$2.50M7
May 2026$2.40M13
June 2026$2.25M13
July 2026$1.60M13
August 2026$2.38M12
September 2026$2.45M8

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.

Willowdale West
$2.05M
Lansing-Westgate
$2.60M
Bedford Park-Nortown
$2.99M
Lawrence Park South
$2.67M
Oakwood Village
$1.74M

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 Hollywood Public School
96%
Hollywood Public SchoolPublic · Elementary · 0.2 km awayAmong the top in the GTA · 96% meet the provincial standard
Avondale Elementary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Bayview Middle School · Public elementary0.8 km · 80% at standard
Elkhorn Public School · Public elementary1.1 km · 85% at standard
Finch Public School · Public elementary1.3 km · 72% at standard
McKee Public School · Public elementary1.4 km · 86% at standard
Claude Watson School for the Arts · Public elementary1.5 km · 96% at standard
Avondale Alternative Elementary School · Public elementary1.5 km · 94% at standard
Avondale Public School · Public elementary1.5 km · 70% at standard
Cardinal Carter ES · Catholic elementary1.6 km
Cardinal Carter Academy for the Arts · Catholic secondary1.6 km · 92% at standard
Blessed Trinity Catholic School · Catholic elementary1.7 km · 53% at standard
Cummer Valley Middle School · Public elementary1.9 km · 79% at standard
St Cyril Catholic School · Catholic elementary1.9 km · 90% at standard

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

Affordability & Mortgage

Affordability
$17,264/mo
$718KIncome needed
5.3×Price ÷ income
$3,984Weekly cost
$170,230Land 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.

91%mortgage
Mortgage $17,264Property tax $1,790Total carry $19,055

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$16,756per month

Mortgage amount $3,030,400 · 4.49% over 25 years

$757,600Down payment (20.0%)
$3,030,400Loan before insurance
$0CMHC premium
$18,546Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16,756
Property tax
$1,790
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$18,546

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

One-time closing costs

Ontario land transfer tax
$81,175
Toronto municipal land transfer tax
$89,055
Estimated closing costs
$170,230

Plus your down payment of $757,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$20,280/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

$1,996,280Total interest paid
$5,026,680Total of all payments
Principal $3,030,400 Interest $1,996,280
YearPrincipalInterestBalance
1$67,626$133,442$2,962,774
2$70,696$130,371$2,892,078
3$73,906$127,161$2,818,172
4$77,262$123,806$2,740,911
5$80,770$120,298$2,660,141
6$84,437$116,630$2,575,704
7$88,271$112,797$2,487,434
8$92,278$108,789$2,395,155
9$96,468$104,599$2,298,687
10$100,848$100,219$2,197,838
11$105,427$95,640$2,092,411
12$110,214$90,853$1,982,197
13$115,218$85,849$1,866,979
14$120,450$80,618$1,746,529
15$125,918$75,149$1,620,611
16$131,636$69,432$1,488,975
17$137,612$63,455$1,351,363
18$143,861$57,207$1,207,502
19$150,392$50,675$1,057,109
20$157,221$43,846$899,889
21$164,359$36,708$735,529
22$171,822$29,245$563,707
23$179,623$21,444$384,084
24$187,779$13,288$196,305
25$196,305$4,762$0

At the end of your 5-year term

Total paid over the term
$1,005,336
Principal paid down
$370,259
Interest paid
$635,077
Balance remaining
$2,660,141

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 37 whole-home leases in Willowdale East$8,042/mo
$96,504Gross annual rent
1.7%Cap rate after taxes and upkeep
$7,245 to $9,071Typical rent range
~25 daysTo find a tenant, on average

The suite is real income here: basements rent in Willowdale East (31 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 numbers

The last 37 whole-home leases in Willowdale East signed at a median of $7,842 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,042. 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.

2.5%
Gross yield
− Property tax $21,485− Insurance $1,400− Vacancy & upkeep $10,615Net operating income $63,004

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

CallRequest a showing