706-15 Holmes Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13806474

$450,000
For Sale
Listed 30 days agoNo offer date stated
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1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Welcome to Your Perfect Start.
  • Enjoy bright, modern living with open city views in this stylish 1-bedroom condo, ideally located in the heart of Yonge & Finch and just 4 years young.
  • Step inside to a bright and spacious open-concept layout featuring 9-ft ceilings and floor-to ceiling windows that fill the home with natural light.

Welcome to Your Perfect Start! Enjoy bright, modern living with open city views in this stylish 1-bedroom condo, ideally located in the heart of Yonge & Finch and just 4 years young. Step inside to a bright and spacious open-concept layout featuring 9-ft ceilings and floor-to ceiling windows that fill the home with natural light. Brand new flooring and new paint throughout. Step out onto your private balcony and take in the beautiful, unobstructed city views - the perfect spot to relax or enjoy your morning coffee. The modern kitchen is designed for both everyday living and entertaining, featuring quartz countertops, built-in appliances, a stylish backsplash, and a centre island with additional workspace and seating. Perfectly positioned for convenience, this well-maintained home is just steps from Finch Subway Station, with shopping, restaurants, cafés, parks, schools, major highways, and Viva transit all close by. 1 locker included. A fantastic opportunity for first-time homebuyers, professionals, or investors looking for a modern home in one of North York's most connected neighbourhoods. Modern. Bright. Connected. Move-in ready - your new home starts here!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13806474
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
Yonge & Finch
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$400/mo
Exposure
North
Property tax
$2,800 / 2026
Days on market
30
Listing brokerage
KW Living Realty

Rooms

Dining RoomFlat3.28 × 3.30 m

combined w/living · open concept · laminate

KitchenFlat2.82 × 2.59 m

b/i appliances · backsplash · centre island

Living RoomFlat3.28 × 3.28 m

combined w/dining · w/o to balcony · window floor to ceiling

Primary BedroomFlat3.12 × 2.90 m

north view · laminate · sliding doors

Our TakeTeam Asgarian · Broker
A small discount is typical
$436Klikely sale price

Listed at $450,000. 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 $436K, if it sells. A realistic range is $411K to $472K.

Independent value check: $455K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $423K and $478K).

Why $455K. The typical condo sold in Willowdale East over the past year went for about $588K (505 sales). What sets this one apart:

  • ▼ Lowers it strongly1 bedrooms and 1 baths, against 2+1 and 2 typically.
  • ▼ Lowers it stronglyIt is 500 to 599 sq ft; the typical home sold here is 800 to 899.
  • ▼ Lowers it0 garage and 0 total parking spaces, against 1 and 1 typically.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$411KBelow recent closings$472KAbove recent closings

Total price vs nearby homes. Likely closing about $436K, from 122 recent closings in this pocket.

The market behind the math:

122sold nearby · 90 days
$549Kmedian sold price
97%of asking, on average
−15%prices vs a year ago
~28 dayshomes like this take to sell
30days on market so far
$2,153/moest. rent · 16 leases
5.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.9 months of inventory: 36 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.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $819/sqft against an area asking average of $813/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 $563K. 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 (Cummer Valley Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 11 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
$447kavg 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 $763/sqft; this home lists at $819/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
450kThis home439k498k450k399k448kThis 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
$543K
Dovercourt-Wallace Emerson-Junction
$640K
North St. James Town
$765K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$876K

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 Finch Public School
72%
Finch Public SchoolPublic · Elementary · 1.7 km awayAround the GTA average · 72% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Cyril Catholic School · Catholic elementary0.2 km · 90% at standard
McKee Public School · Public elementary0.5 km · 86% at standard
Avondale Secondary Alternative School · Public secondary1.0 km
Earl Haig Secondary School · Public secondary1.1 km · 90% at standard
Drewry Secondary School · Public secondary1.2 km
R J Lang Elementary and Middle School · Public elementary1.2 km · 60% at standard
St Antoine Daniel Catholic School · Catholic elementary1.3 km · 58% at standard
Churchill Public School · Public elementary1.3 km · 83% at standard
Willowdale Middle School · Public elementary1.3 km · 78% at standard
Claude Watson School for the Arts · Public elementary1.4 km · 96% at standard
Cardinal Carter Academy for the Arts · Catholic secondary1.6 km · 92% at standard
Cardinal Carter ES · Catholic elementary1.6 km

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

Affordability & Mortgage

Affordability
$2,051/mo
$97KIncome needed
4.6×Price ÷ income
$473Weekly cost
$10,950Land 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.

76%mortgage
Mortgage $2,051Property tax $233Condo fee $400Total carry $2,684

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,991per month

Mortgage amount $360,000 · 4.49% over 25 years

$90,000Down payment (20.0%)
$360,000Loan before insurance
$0CMHC premium
$2,624Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,991
Property tax
$233
Condo / maintenance fees
$400
Heating
$0
Estimated monthly cost
$2,624

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

One-time closing costs

Ontario land transfer tax
$5,475
Toronto municipal land transfer tax
$5,475
Estimated closing costs
$10,950

Plus your down payment of $90,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,409/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

$237,151Total interest paid
$597,151Total of all payments
Principal $360,000 Interest $237,151
YearPrincipalInterestBalance
1$8,034$15,852$351,966
2$8,398$15,488$343,568
3$8,780$15,106$334,788
4$9,178$14,708$325,610
5$9,595$14,291$316,015
6$10,031$13,855$305,984
7$10,486$13,400$295,498
8$10,962$12,924$284,535
9$11,460$12,426$273,075
10$11,980$11,906$261,095
11$12,524$11,362$248,570
12$13,093$10,793$235,477
13$13,687$10,199$221,790
14$14,309$9,577$207,481
15$14,959$8,927$192,522
16$15,638$8,248$176,885
17$16,348$7,538$160,537
18$17,090$6,796$143,447
19$17,866$6,020$125,581
20$18,677$5,209$106,903
21$19,525$4,361$87,378
22$20,412$3,474$66,966
23$21,339$2,547$45,628
24$22,307$1,579$23,320
25$23,320$566$0

At the end of your 5-year term

Total paid over the term
$119,430
Principal paid down
$43,985
Interest paid
$75,445
Balance remaining
$316,015

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 16 whole-home leases in Willowdale East$2,153/mo
$25,836Gross annual rent
3.3%Cap rate after taxes and upkeep
$2,036 to $2,261Typical 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 16 whole-home leases in Willowdale East signed at a median of $2,400 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,153. 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.

5.7%
Gross yield
− Property tax $2,800− Condo fees $4,800− Insurance $600− Vacancy & upkeep $2,842Net operating income $14,794

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KW Living Realty. MLS®/PropTx.

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