231 Hounslow Avenue, Toronto, ON

Willowdale West, Toronto · MLS® C13822052

$2,688,888
For Sale
Listed 25 days agoNo offer date stated
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4+1Bedrooms
6Bathrooms
2Garage · 6 parking
3500-5000Sq ft

About this home

In short

  • Room to live, entertain & grow on a premium 55' x 132' lot in the heart of Yonge & Finch.
  • The entrance foyer welcomes you with a generously proportioned vaulted ceiling & flared skylight, leading into a open concept layout that was professionally...
  • Large windows fill the home with natural light, complemented by skylights & Italian engineered hardwood floors throughout the Main & 2nd Floors.
  • The Family Room features a custom Igne Ferro gas fireplace & patio walk-out, while the Dining Room opens to the backyard deck & the Living Room showcases an...
  • The finished basement adds a separate walk-up entrance, Kitchen with new appliances, Living Room, Recreation/Exercise space & 1 Bedroom with 3-piece Ensuite.

Room to live, entertain & grow on a premium 55' x 132' lot in the heart of Yonge & Finch! Quietly tucked along Hounslow Ave, this impressive 2-storey detached home offers over 5,700 Sqft. of living space, including 4,072 Sqft. finished on the Main & 2nd Floors plus a finished 1,649 Sqft. basement. The entrance foyer welcomes you with a generously proportioned vaulted ceiling & flared skylight, leading into a open concept layout that was professionally re-engineered in 2019. Large windows fill the home with natural light, complemented by skylights & Italian engineered hardwood floors throughout the Main & 2nd Floors. The Main Floor offers an inviting Kitchen, Breakfast space, Family Room, Dining Room & Living Room, along with 2 backyard walk-outs, garage-access Laundry & a 2-piece Guest Washroom. The Kitchen centres around a Cosentino Silestone waterfall island with seating for 4, complemented by Wolf, Sub-Zero & Miele appliances. The Family Room features a custom Igne Ferro gas fireplace & patio walk-out, while the Dining Room opens to the backyard deck & the Living Room showcases an impressive vaulted ceiling with large windows. Upstairs are 4 Bedrooms, 3 Bathrooms including 2 ensuites, a Loft for an office, sitting area or gaming, & a balcony overlooking the backyard. The finished basement adds a separate walk-up entrance, Kitchen with new appliances, Living Room, Recreation/Exercise space & 1 Bedroom with 3-piece Ensuite. A double garage, backyard deck & Hunter Douglas automatic blinds add everyday convenience, while Yonge St, Finch Station, shopping, dining & services are all within walking distance & Hwy 401 is just 6 minutes away. Visit & see what makes this home stand out.

Key facts

Property type
Detached, 2-Storey
MLS®
C13822052
Bedrooms
4+1 (5 total)
Bathrooms
6 (2 half)
Size
3500-5000 sq ft
Lot
55 × 132 ft
Cross streets
Yonge St & Finch Ave
Parking
2 garage · 6 parking (attached)
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$16,100 / 2025
Days on market
25
Listing brokerage
SMART SOLD REALTY

Rooms

KitchenMain0.00 × 0.00 m

open concept · centre island · b/i appliances

LoftSecond0.00 × 0.00 m

open concept · large window

Living RoomMain0.00 × 0.00 m

vaulted ceiling(s) · large window

Bedroom 2Second0.00 × 0.00 m

3 pc ensuite · walk-in closet(s) · w/o to balcony

Bedroom 4Second0.00 × 0.00 m

large closet · large window

KitchenBasement0.00 × 0.00 m

open concept · breakfast bar

BreakfastMain0.00 × 0.00 m

breakfast area · combined w/kitchen

Living RoomBasement0.00 × 0.00 m

Fireplace

Primary BedroomSecond0.00 × 0.00 m

5 pc ensuite · large window · closet organizers

Bedroom 3Second0.00 × 0.00 m

b/i closet · large window

RecreationBasement0.00 × 0.00 m

open concept · carpet free

BedroomBasement0.00 × 0.00 m

3 pc ensuite · window

Dining RoomMain0.00 × 0.00 m

open concept · w/o to deck

Family RoomMain0.00 × 0.00 m

gas fireplace · pot lights · w/o to patio

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Its public catchment (Willowdale Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

What sellers nearby are askingCurrently listed nearby in Willowdale West · asking prices
$3.01Mavg 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 $709/sqft; this home lists at $633/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.69MThis home2.80M3.50M3.59M2.68M2.50MThis home vs active comparables

Neighbourhood & location

Willowdale West, 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 East
$2.29M
Bayview Village
$1.60M
Banbury-Don Mills
$5.50M
Leaside
$2.15M
Steeles
$1.20M

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 Willowdale Middle School
78%
Willowdale Middle SchoolPublic · Elementary · 0.4 km awayAbove the GTA average · 78% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Churchill Public School · Public elementary0.3 km · 83% at standard
Yorkview Public School · Public elementary0.8 km · 52% at standard
St Cyril Catholic School · Catholic elementary0.8 km · 90% at standard
McKee Public School · Public elementary1.2 km · 86% at standard
R J Lang Elementary and Middle School · Public elementary1.2 km · 60% at standard
Claude Watson School for the Arts · Public elementary1.5 km · 96% at standard
Earl Haig Secondary School · Public secondary1.6 km · 90% at standard
Drewry Secondary School · Public secondary1.6 km
Cardinal Carter Academy for the Arts · Catholic secondary1.6 km · 92% at standard
Cardinal Carter ES · Catholic elementary1.6 km
Fisherville Senior Public School · Public elementary1.8 km
Avondale Secondary Alternative School · Public secondary1.8 km

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

Affordability & Mortgage

Affordability
$12,255/mo
$514KIncome needed
5.2×Price ÷ income
$2,828Weekly cost
$107,394Land 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.

90%mortgage
Mortgage $12,255Property tax $1,342Total carry $13,597

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

years
years (your rate-locked period)
$11,894per month

Mortgage amount $2,151,110 · 4.49% over 25 years

$537,778Down payment (20.0%)
$2,151,110Loan before insurance
$0CMHC premium
$13,236Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,894
Property tax
$1,342
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,236

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

One-time closing costs

Ontario land transfer tax
$53,697
Toronto municipal land transfer tax
$53,697
Estimated closing costs
$107,394

Plus your down payment of $537,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$14,396/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

$1,417,047Total interest paid
$3,568,158Total of all payments
Principal $2,151,110 Interest $1,417,047
YearPrincipalInterestBalance
1$48,004$94,723$2,103,107
2$50,183$92,543$2,052,924
3$52,462$90,265$2,000,462
4$54,844$87,883$1,945,618
5$57,334$85,393$1,888,284
6$59,937$82,789$1,828,347
7$62,658$80,068$1,765,689
8$65,503$77,223$1,700,186
9$68,477$74,249$1,631,708
10$71,587$71,140$1,560,122
11$74,837$67,889$1,485,285
12$78,235$64,492$1,407,050
13$81,787$60,939$1,325,263
14$85,500$57,226$1,239,763
15$89,382$53,344$1,150,380
16$93,441$49,286$1,056,940
17$97,683$45,043$959,256
18$102,119$40,608$857,138
19$106,755$35,971$750,383
20$111,602$31,124$638,780
21$116,669$26,057$522,111
22$121,967$20,760$400,144
23$127,505$15,222$272,640
24$133,294$9,433$139,346
25$139,346$3,381$0

At the end of your 5-year term

Total paid over the term
$713,632
Principal paid down
$262,826
Interest paid
$450,806
Balance remaining
$1,888,284

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
Estimate$7,350/mo
$88,200Gross annual rent
2.3%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.3%
Gross yield
− Property tax $16,100− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $60,998

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

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