1602-18 Parkview Avenue, Toronto, ON
Willowdale East, Toronto · MLS® C13806368
About this home
In short
- Welcome to Unit 1602 at 18 Parkview Ave, The Majestic II by Conservatory Group.
- This exceptionally well-maintained one-bedroom suite offers approximately 680 sq. ft. of bright, comfortable living space, featuring newer vinyl flooring, a quartz...
Welcome to Unit 1602 at 18 Parkview Ave, The Majestic II by Conservatory Group. This exceptionally well-maintained one-bedroom suite offers approximately 680 sq. ft. of bright, comfortable living space, featuring newer vinyl flooring, a quartz kitchen countertop, and a versatile solarium with its own separate entrance. The solarium provides flexible additional space that can be used as a home office, reading area, or sleeping space. Enjoy the convenience of being just a couple of minutes' walk from the subway, Mel Lastman Square, Meridian Arts Centre, library, fitness facilities, future T&T Supermarket, and a variety of restaurants. One parking space and one locker are included. Maintenance fees conveniently cover heat, hydro, water, and more. A bright and functional home in a highly convenient North York location, offering excellent access to transit, shopping, entertainment, and everyday amenities.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13806368
- Bedrooms
- 1+1 (2 total)
- Bathrooms
- 1
- Size
- 600-699 sq ft
- Cross streets
- Yonge St and Parkview Ave
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $677/mo
- Exposure
- North
- Property tax
- $2,517 / 2026
- Days on market
- 30
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
Vinyl Floor
vinyl floor · w/o to balcony · combined w/dining
tile floor · quartz counter
vinyl floor · combined w/living
vinyl floor · closet · sliding doors
Listed at $549,000. Going by how homes in Willowdale East have actually closed against their asking prices (about 97%, 122 local closings in 90 days), the likely sale price is near $532K, if it sells. A realistic range is $501K to $576K.
Independent value check: $469K. Without looking at the asking price, our model values the home itself about 15% below the ask (homes like it typically land between $436K and $493K).
Why $469K. The typical condo sold in Willowdale East over the past year went for about $588K (505 sales). What sets this one apart:
- ▼ Lowers it1+1 bedrooms and 1 baths, against 2+1 and 2 typically.
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,517 a year; the typical home sold here pays about $3,100.
- ▼ Lowers itIt is 600 to 699 sq ft; the typical home sold here is 800 to 899.
Total price vs nearby homes. Likely closing about $532K, from 122 recent closings in this pocket.
The market behind the math:
About 1.1 months of inventory: 46 condo apartment homes for sale in the area against 122 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $845/sqft against an area asking average of $795/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 122 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $462K. 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
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.
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 $797/sqft; this home lists at $845/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 condos in Willowdale East: $530K in September 2026, down 9% from a year ago, on 496 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 | $645K | 51 |
| November 2025 | $570K | 27 |
| December 2025 | $580K | 31 |
| January 2026 | $597K | 20 |
| February 2026 | $559K | 18 |
| March 2026 | $633K | 41 |
| April 2026 | $585K | 47 |
| May 2026 | $570K | 59 |
| June 2026 | $531K | 50 |
| July 2026 | $595K | 62 |
| August 2026 | $540K | 47 |
| September 2026 | $530K | 43 |
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $439,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,428
- Property tax
- $210
- Condo / maintenance fees
- $677
- Heating
- $0
- Estimated monthly cost
- $3,315
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,455
- Toronto municipal land transfer tax
- $7,455
- Estimated closing costs
- $14,910
Plus your down payment of $109,800. 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
- $145,705
- Principal paid down
- $53,662
- Interest paid
- $92,043
- Balance remaining
- $385,538
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 5 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 $2,481. 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 RIGHT AT HOME REALTY. MLS®/PropTx.