1501-21 Hillcrest Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13862698

$449,900
For Sale
Listed 14 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Rarely Offered Spacious Corner Unit In Luxury Monarch Built Building.
  • Hardwood Kitchen Cabinets(2026), SS Appliances.
  • Not Close To Elevator Or Garbage Chute.
  • Steps To Subway, Mel Lastman Square, Empress Walk, Theatre, Library, Shops, Restaurants, Grocery Stores, Art Centre And More.
  • Steps To The Lovely Willowdale Park Trail.

Rarely Offered Spacious Corner Unit In Luxury Monarch Built Building! Prime Location In The Heart of North York! Great Layout! Spacious & Sun-Filled 658sf + Balcony! Wrap-Around Windows In Living & Dining Room. Laminate Flooring In Lr, Dr & Br(2026). Hardwood Kitchen Cabinets(2026), SS Appliances! Breakfast Bar and Quartz Counter-Top(2026)! Professionally Painted Through Out(2026). Water-Resistant Vinyl Flooring In Kitchen(2026). Walk In Closet & Juliet Balcony. Spectacular East Picture View, Away From Noise! Large Private Balcony To Enjoy The View & Fresh Air. Well-Maintained & Lovely Unit! Not Close To Elevator Or Garbage Chute. One of North York's Most Sought-After Buildings & Intersection! Steps To Subway, Mel Lastman Square, Empress Walk, Theatre, Library, Shops, Restaurants, Grocery Stores, Art Centre And More! Steps To The Lovely Willowdale Park Trail!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13862698
Bedrooms
1
Bathrooms
1
Size
600-699 sq ft
Cross streets
Yonge & Sheppard(Empress)
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$875/mo
Exposure
North East
Property tax
$2,486 / 2026
Days on market
14
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

BathroomMain3.59 × 1.89 m

ceramic floor · 4 pc bath

Dining RoomMain5.24 × 3.84 m

laminate · large window · combined w/living

Living RoomMain5.24 × 3.84 m

laminate · w/o to balcony

Primary BedroomMain3.45 × 3.14 m

laminate · walk-in closet(s) · large window

FoyerMain2.24 × 1.20 m

ceramic floor · open concept

KitchenMain2.61 × 2.51 m

breakfast bar · ceramic floor · b/i dishwasher

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 (Cummer Valley Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

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
$526K
Dovercourt-Wallace Emerson-Junction
$640K
North St. James Town
$765K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K

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 · 2.4 km awayAbove the GTA average · 79% meet the provincial standard
Avondale Elementary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Claude Watson School for the Arts · Public elementary0.3 km · 96% at standard
Cardinal Carter Academy for the Arts · Catholic secondary0.4 km · 92% at standard
Cardinal Carter ES · Catholic elementary0.4 km
Earl Haig Secondary School · Public secondary0.5 km · 90% at standard
McKee Public School · Public elementary0.7 km · 86% at standard
St Cyril Catholic School · Catholic elementary1.1 km · 90% at standard
Willowdale Middle School · Public elementary1.2 km · 78% at standard
Avondale Alternative Elementary School · Public elementary1.2 km · 94% at standard
Avondale Public School · Public elementary1.2 km · 70% at standard
Churchill Public School · Public elementary1.3 km · 83% at standard
St Edward Catholic School · Catholic elementary1.5 km · 89% at standard
Hollywood Public School · Public elementary1.6 km · 96% at standard

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

Affordability & Mortgage

Affordability
$2,050/mo
$105KIncome needed
4.3×Price ÷ income
$473Weekly cost
$10,946Land 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.

65%mortgage
Mortgage $2,050Property tax $207Condo fee $875Total carry $3,133

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,990per month

Mortgage amount $359,920 · 4.49% over 25 years

$89,980Down payment (20.0%)
$359,920Loan before insurance
$0CMHC premium
$3,072Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,990
Property tax
$207
Condo / maintenance fees
$875
Heating
$0
Estimated monthly cost
$3,072

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

One-time closing costs

Ontario land transfer tax
$5,473
Toronto municipal land transfer tax
$5,473
Estimated closing costs
$10,946

Plus your down payment of $89,980. 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

$237,098Total interest paid
$597,018Total of all payments
Principal $359,920 Interest $237,098
YearPrincipalInterestBalance
1$8,032$15,849$351,888
2$8,397$15,484$343,492
3$8,778$15,103$334,714
4$9,176$14,704$325,537
5$9,593$14,288$315,944
6$10,029$13,852$305,916
7$10,484$13,397$295,432
8$10,960$12,921$284,472
9$11,458$12,423$273,015
10$11,978$11,903$261,037
11$12,522$11,359$248,515
12$13,090$10,791$235,425
13$13,684$10,196$221,741
14$14,306$9,575$207,435
15$14,955$8,925$192,480
16$15,634$8,246$176,845
17$16,344$7,537$160,501
18$17,086$6,794$143,415
19$17,862$6,019$125,553
20$18,673$5,208$106,880
21$19,521$4,360$87,359
22$20,407$3,473$66,951
23$21,334$2,547$45,618
24$22,302$1,578$23,315
25$23,315$566$0

At the end of your 5-year term

Total paid over the term
$119,404
Principal paid down
$43,976
Interest paid
$75,428
Balance remaining
$315,944

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$2,050/mo
$24,600Gross annual rent
1.8%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.

5.5%
Gross yield
− Property tax $2,486− Condo fees $10,504− Insurance $600− Vacancy & upkeep $2,706Net operating income $8,304

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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