811-18 Parkview Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13801192

$488,000
For Sale
Listed 2 days agoNo offer date stated
2Bedrooms
1Bathrooms
1Parking
700-799Sq ft

About this home

In short

  • Bright , Spacious, perfect layout unit in the Heart Of North York.
  • Steps To Subway, Restaurants, Shopping, Parks, Main Library, Mel Lastman Square & School.
  • Amenities: Sauna, Billiard & Party Room, Library, Gym, Whirlpool, 24 Hr Concierge.
  • Not Far From Hwy 401. good for first buyer or investor

Bright , Spacious, perfect layout unit in the Heart Of North York. Steps To Subway, Restaurants, Shopping, Parks, Main Library, Mel Lastman Square & School. Amenities: Sauna, Billiard & Party Room, Library, Gym, Whirlpool, 24 Hr Concierge. Not Far From Hwy 401. good for first buyer or investor

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13801192
Bedrooms
2
Bathrooms
1
Size
700-799 sq ft
Cross streets
Yonge/Parkview
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$740/mo
Exposure
West
Property tax
$2,640 / 2026
Days on market
2
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

KitchenGround2.61 × 2.46 m

Ceramic Floor

Dining RoomGround5.07 × 3.32 m

open concept · combined w/living

Bedroom 2Ground3.38 × 2.77 m

Broadloom

Primary BedroomGround4.00 × 3.17 m

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

FoyerGround1.78 × 0.31 m

Ceramic Floor

Living RoomGround5.07 × 3.32 m

hardwood floor · w/o to balcony · combined w/dining

Our TakeTeam Asgarian · Broker
A small discount is typical
$476Klikely closing

Listed at $488,000 with no offer date. Homes here have been closing close to ask, so my read is $476K, typically $463K to $484K. Comparable closings on their own put this home around $480K, which supports the ask, so this is a firm read.

List price
$463KBelow recent closings$488KAbove recent closings

Total price vs nearby homes. Likely closing about $476K, from 140 recent closings in this pocket.

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
2days on market so far
$2,707/moest. rent · 44 leases
6.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.5 months of inventory: 72 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 $651/sqft against an area asking average of $815/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 140 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $496K. 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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
$544kavg 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 $714/sqft; this home lists at $651/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
488kThis home530k558k538k545k549kThis 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
$2,224/mo
$109KIncome needed
4.5×Price ÷ income
$513Weekly cost
$12,470Land 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.

70%mortgage
Mortgage $2,224Property tax $220Condo fee $740Total carry $3,184

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)
$2,137per month

Mortgage amount $390,400 · 4.39% over 25 years

$97,600Down payment (20.0%)
$390,400Loan before insurance
$0CMHC premium
$3,097Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,137
Property tax
$220
Condo / maintenance fees
$740
Heating
$0
Estimated monthly cost
$3,097

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

One-time closing costs

Ontario land transfer tax
$6,235
Toronto municipal land transfer tax
$6,235
Estimated closing costs
$12,470

Plus your down payment of $97,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,589/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

$250,685Total interest paid
$641,085Total of all payments
Principal $390,400 Interest $250,685
YearPrincipalInterestBalance
1$8,834$16,809$381,566
2$9,226$16,417$372,339
3$9,636$16,008$362,704
4$10,063$15,580$352,640
5$10,510$15,133$342,130
6$10,977$14,667$331,153
7$11,464$14,180$319,690
8$11,973$13,671$307,717
9$12,504$13,139$295,213
10$13,059$12,585$282,154
11$13,638$12,005$268,516
12$14,244$11,400$254,272
13$14,876$10,768$239,396
14$15,536$10,107$223,860
15$16,226$9,418$207,635
16$16,946$8,698$190,689
17$17,698$7,946$172,991
18$18,483$7,160$154,508
19$19,304$6,340$135,204
20$20,160$5,483$115,044
21$21,055$4,588$93,989
22$21,990$3,654$71,999
23$22,965$2,678$49,034
24$23,985$1,659$25,049
25$25,049$594$0

At the end of your 5-year term

Total paid over the term
$128,217
Principal paid down
$48,270
Interest paid
$79,947
Balance remaining
$342,130

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$2,707/mo
$32,484Gross annual rent
3.4%Cap rate after taxes and upkeep
$2,571 to $2,842Typical 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 $2,707. 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.

6.7%
Gross yield
− Property tax $2,640− Condo fees $8,880− Insurance $600− Vacancy & upkeep $3,573Net operating income $16,791

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

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