339 Elmwood Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13835396

$1,500,000
For Sale
Listed 21 days agoNo offer date stated
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3Bedrooms
1Bathrooms
1Garage · 3 parking
1100-1500Sq ft

About this home

In short

  • Discover The Possibilities At 339 Elmwood Avenue In Willowdale East.
  • Set On A South-Facing 43.33 X 133.5 Ft Lot, This Property Offers The Opportunity To Enjoy The Existing Bungalow, Renovate, Or Explore Building A Custom Home.
  • Steps To Bayview Village Shopping Centre And Close To Hollywood Public School, Bayview Middle School, And Earl Haig Secondary School.

Discover The Possibilities At 339 Elmwood Avenue In Willowdale East. Set On A South-Facing 43.33 X 133.5 Ft Lot, This Property Offers The Opportunity To Enjoy The Existing Bungalow, Renovate, Or Explore Building A Custom Home. Large Windows Brighten The Living And Dining Area, Which Features A Fireplace. The Home Also Offers A Kitchen With Ample Cabinetry, An Attached Garage, And A Private Driveway. Mature Trees And Established Gardens Add To Its Appeal. Steps To Bayview Village Shopping Centre And Close To Hollywood Public School, Bayview Middle School, And Earl Haig Secondary School.

Key facts

Property type
Detached, Bungalow
MLS®
C13835396
Bedrooms
3
Bathrooms
1
Size
1100-1500 sq ft
Lot
43.33 × 131.5 ft
Cross streets
Bayview Ave and Sheppard Ave
Parking
1 garage · 3 parking (built-in)
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Property tax
$10,421 / 2026
Days on market
21
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES NANCY SAEDI
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

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.

What sellers nearby are askingCurrently listed nearby in Willowdale East · asking prices
$1.48Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $1,648/sqft; this home lists at $1,154/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.50MThis home1.65M1.30M1.50MThis 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.

Banbury-Don Mills
$5.50M
Leaside
$2.48M
Steeles
$1.20M
Wexford-Maryvale
$849K
Woodbine-Lumsden
$949K

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 · 0.1 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 elementary0.7 km · 80% at standard
Elkhorn Public School · Public elementary0.8 km · 85% at standard
Finch Public School · Public elementary1.5 km · 72% at standard
Avondale Alternative Elementary School · Public elementary1.5 km · 94% at standard
Avondale Public School · Public elementary1.5 km · 70% at standard
Claude Watson School for the Arts · Public elementary1.6 km · 96% at standard
McKee Public School · Public elementary1.7 km · 86% at standard
Cardinal Carter ES · Catholic elementary1.7 km
Cardinal Carter Academy for the Arts · Catholic secondary1.7 km · 92% at standard
Blessed Trinity Catholic School · Catholic elementary1.8 km · 53% at standard
Harrison Public School · Public elementary1.9 km · 82% at standard
Dunlace Public School · Public elementary1.9 km · 69% at standard

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

Affordability & Mortgage

Affordability
$6,837/mo
$293KIncome needed
5.1×Price ÷ income
$1,578Weekly cost
$52,950Land 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.

89%mortgage
Mortgage $6,837Property tax $868Total carry $7,705

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)
$6,635per month

Mortgage amount $1,200,000 · 4.49% over 25 years

$300,000Down payment (20.0%)
$1,200,000Loan before insurance
$0CMHC premium
$7,503Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,635
Property tax
$868
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,503

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

One-time closing costs

Ontario land transfer tax
$26,475
Toronto municipal land transfer tax
$26,475
Estimated closing costs
$52,950

Plus your down payment of $300,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,031/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

$790,502Total interest paid
$1,990,502Total of all payments
Principal $1,200,000 Interest $790,502
YearPrincipalInterestBalance
1$26,779$52,841$1,173,221
2$27,995$51,625$1,145,226
3$29,266$50,354$1,115,961
4$30,595$49,025$1,085,366
5$31,984$47,636$1,053,382
6$33,436$46,184$1,019,946
7$34,954$44,666$984,992
8$36,541$43,079$948,451
9$38,200$41,420$910,251
10$39,935$39,685$870,316
11$41,748$37,872$828,568
12$43,643$35,977$784,925
13$45,625$33,995$739,300
14$47,697$31,924$691,603
15$49,862$29,758$641,741
16$52,126$27,494$589,615
17$54,493$25,127$535,122
18$56,967$22,653$478,155
19$59,554$20,067$418,602
20$62,257$17,363$356,344
21$65,084$14,536$291,260
22$68,039$11,581$223,221
23$71,129$8,491$152,092
24$74,358$5,262$77,734
25$77,734$1,886$0

At the end of your 5-year term

Total paid over the term
$398,100
Principal paid down
$146,618
Interest paid
$251,483
Balance remaining
$1,053,382

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$2,300/mo
$27,600Gross annual rent
0.8%Cap rate after taxes and upkeep

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.

1.8%
Gross yield
− Property tax $10,421− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $12,743

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES NANCY SAEDI. MLS®/PropTx.

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