15 Calvin Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13881854

$2,999,000
For Sale
Listed 10 days agoNo offer date stated
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4+3Bedrooms
7Bathrooms
2Garage · 6 parking
3500-5000Sq ft

About this home

In short

  • Rare opportunity to own this Spectacular custom-built residence offering approx.
  • A timeless limestone facade, soaring ceilings and exceptional craftsmanship define this impressive home.
  • The open-concept living, dining, family room & gourmet kitchen create an impressive setting for living and entertaining.
  • The chef's kitchen boasts marble countertops, matching backsplash, Sub-Zero, Wolf & Miele appliances, a 9' x 5' marble island separate dirty kitchen. private...
  • The finished walk-out basement offers 11'6" ceilings, recreation space, kitchen, wet bar, theatre wiring, cold room & separate 2-bedroom suite with private entrance...

Rare opportunity to own this Spectacular custom-built residence offering approx. 6,150 sq.ft. across 3 levels on a premium. A timeless limestone facade, soaring ceilings and exceptional craftsmanship define this impressive home. The grand foyer & private office feature 13'4" ceilings, with 9.5' on the main floor, 10' on the second & 11'6" in the basement. The open-concept living, dining, family room & gourmet kitchen create an impressive setting for living and entertaining. The elegant living room features a dramatic bookmatched natural-stone feature wall and fireplace. The chef's kitchen boasts marble countertops, matching backsplash, Sub-Zero, Wolf & Miele appliances, a 9' x 5' marble island *** separate dirty kitchen. ***private residential E-L-E-V-A-T-O-R features a marble-finished cab, premium millwork, full-height mirror & automatic stainless-steel doors***.The stunning primary suite offers a large walk-in closet with skylight & luxurious 6-piece spa-inspired ensuite. Every bedroom has its own ensuite and walk-in closet; Every bathroom features a skylight. Crown moulding, wainscoting, custom millwork, hardwood flooring, designer lighting & built-in speakers enhance the home. Oversized windows provide abundant natural light and treed views. The finished walk-out basement offers 11'6" ceilings, recreation space, kitchen, wet bar, theatre wiring, cold room & separate 2-bedroom suite with private entrance, kitchen, laundry and full bath-ideal for in-law family or rental income. Features include smart-home integration, security cameras, Toto fixtures, 2 high-efficiency furnaces, 2 A/C systems, approx. 300 sq. ft. rear deck, interlocking and landscaping. Steel-rod foundation support was incorporated during construction.Double garage plus 4-car driveway. Minutes to Hwy 401, Bayview Subway, Bayview Village, transit, shopping and dining.A rare offering of grand scale, luxury, versatility & exceptional craftsmanship in a prime area! Earl Haig Secondary School District

Key facts

Property type
Detached, 2-Storey
MLS®
C13881854
Bedrooms
4+3 (7 total)
Bathrooms
7 (1 half)
Size
3500-5000 sq ft
Lot
50.06 × 125.07 ft
Cross streets
Sheppard Ave E & Bayview Ave
Parking
2 garage · 6 parking (built-in)
Driveway
Available
Basement
Finished with Walk-Out, Separate Entrance
Kitchens
4 (2 + 2)
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Brick
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Property tax
$19,490 / 2026
Days on market
10
Listing brokerage
SOLTANIAN REAL ESTATE INC.

Rooms

BedroomBasement2.83 × 2.61 m

window · porcelain floor

OfficeMain3.30 × 3.21 m

b/i shelves · window · hardwood floor

KitchenMain4.24 × 6.12 m

centre island · marble counter · b/i fridge

Bedroom 3Basement3.12 × 4.01 m

closet · 4 pc ensuite · above grade window

Bedroom 2Second3.01 × 4.62 m

double closet · 4 pc ensuite · window

RecreationBasement5.26 × 5.16 m

fireplace · wet bar · large window

Bedroom 3Second3.87 × 4.56 m

double closet · 4 pc ensuite · window

Living RoomMain8.76 × 7.43 m

stone fireplace · hardwood floor · combined w/dining

Bedroom 4Second3.28 × 5.14 m

w/o to balcony · 4 pc ensuite · window

LaundrySecond3.28 × 4.56 m

porcelain floor · laundry sink

Family RoomMain6.12 × 6.14 m

hardwood floor · w/o to deck · large window

Primary BedroomSecond6.15 × 5.45 m

b/i closet · 7 pc ensuite · heated floor

Bedroom 2Basement2.83 × 2.61 m

window · porcelain floor

Dining RoomMain8.76 × 7.43 m

window floor to ceiling · hardwood floor · combined w/living

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.93Mlikely sale price

Listed at $2,999,000. Going by how homes in Willowdale East and the wider GTA have actually closed against their asking prices (about 98%, 30 local closings in 90 days), the likely sale price is near $2.93M, if it sells. A realistic range is $2.74M to $3.30M.

Independent value check: $3.12M. Without looking at the asking price, our model values the home itself about 4% above the ask (homes like it typically land between $2.92M and $3.27M).

Why $3.12M. The typical detached home sold in Willowdale East over the past year went for about $2.29M (110 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $19,490 a year; the typical home sold here pays about $14,400.
  • ▲ Raises itIt is 3,500 to 5,000 sq ft; the typical home sold here is 3,000 to 3,500.
  • ▲ Raises it slightly4+3 bedrooms and 7 baths, against 4+1 and 5 typically.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
List price
$2.74MBelow recent closings$3.30MAbove recent closings

Total price vs nearby homes. Likely closing about $2.93M, from 30 recent closings in this pocket.

The market behind the math:

30sold nearby · 90 days
$2.33Mmedian sold price
97%of asking, on average
+3%prices vs a year ago
~24 dayshomes like this take to sell
10days on market so far
$8,360/moest. rent · 39 leases
3.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.8 months of inventory: 18 detached homes for sale in the area against 30 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 $706/sqft against an area asking average of $753/sqft.

  • Walk-out basement apartment features. A finished 3 bed walk-out basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Willowdale East: 30 of the 225 detached leases here lately were basement units, around $2,150 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
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.

It never sees the asking price. The 30 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.99M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Walk-out basement: natural light and strong in-law or income potential. Income potential
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 30 comparable homes that sold in Willowdale East over the past two years, from 220 closings there.

What sellers nearby are askingCurrently listed nearby in Willowdale East · asking prices
$2.86Mavg 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 $672/sqft; this home lists at $706/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
3.00MThis home2.99M2.98M2.60MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Willowdale East: $2.45M in September 2026, down 8% from a year ago, on 109 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$2.34M6
November 2025$2.58M10
December 2025$2.20M5
January 2026$1.68M5
February 2026$1.44M8
March 2026$2.10M9
April 2026$2.50M7
May 2026$2.40M13
June 2026$2.25M13
July 2026$1.60M13
August 2026$2.38M12
September 2026$2.45M8

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
Wexford-Maryvale
$849K
Steeles
$1.20M
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 · 0.7 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
Avondale Alternative Elementary School · Public elementary0.8 km · 94% at standard
Avondale Public School · Public elementary0.8 km · 70% at standard
Elkhorn Public School · Public elementary1.3 km · 85% at standard
St Andrew's Middle School · Public elementary1.4 km · 81% at standard
Claude Watson School for the Arts · Public elementary1.4 km · 96% at standard
Cardinal Carter ES · Catholic elementary1.4 km
Harrison Public School · Public elementary1.4 km · 82% at standard
Cardinal Carter Academy for the Arts · Catholic secondary1.4 km · 92% at standard
Bayview Middle School · Public elementary1.5 km · 80% at standard
Owen Public School · Public elementary1.7 km · 59% at standard
Dunlace Public School · Public elementary1.8 km · 69% at standard
McKee Public School · Public elementary1.9 km · 86% at standard

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

Affordability & Mortgage

Affordability
$13,668/mo
$577KIncome needed
5.2×Price ÷ income
$3,154Weekly cost
$122,900Land 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 $13,668Property tax $1,624Total carry $15,293

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)
$13,266per month

Mortgage amount $2,399,200 · 4.49% over 25 years

$599,800Down payment (20.0%)
$2,399,200Loan before insurance
$0CMHC premium
$14,890Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$13,266
Property tax
$1,624
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14,890

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

One-time closing costs

Ontario land transfer tax
$61,450
Toronto municipal land transfer tax
$61,450
Estimated closing costs
$122,900

Plus your down payment of $599,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$16,056/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

$1,580,477Total interest paid
$3,979,677Total of all payments
Principal $2,399,200 Interest $1,580,477
YearPrincipalInterestBalance
1$53,540$105,647$2,345,660
2$55,971$103,216$2,289,689
3$58,512$100,675$2,231,177
4$61,169$98,018$2,170,008
5$63,946$95,241$2,106,062
6$66,850$92,337$2,039,212
7$69,885$89,302$1,969,328
8$73,058$86,129$1,896,270
9$76,375$82,812$1,819,895
10$79,843$79,344$1,740,052
11$83,468$75,719$1,656,584
12$87,258$71,929$1,569,327
13$91,220$67,968$1,478,107
14$95,361$63,826$1,382,746
15$99,691$59,496$1,283,055
16$104,217$54,970$1,178,837
17$108,949$50,238$1,069,888
18$113,896$45,291$955,992
19$119,067$40,120$836,925
20$124,473$34,714$712,451
21$130,125$29,062$582,326
22$136,033$23,154$446,293
23$142,210$16,977$304,083
24$148,667$10,520$155,417
25$155,417$3,770$0

At the end of your 5-year term

Total paid over the term
$795,935
Principal paid down
$293,138
Interest paid
$502,797
Balance remaining
$2,106,062

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 39 whole-home leases in Willowdale East$8,360/mo
$100,320Gross annual rent
2.3%Cap rate after taxes and upkeep
$7,780 to $10,014Typical rent range
~34 daysTo find a tenant, on average

The suite is real income here: basements rent in Willowdale East (30 of 225 recent detached leases were basement units, around $2,150 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,150 a month on top of the upper floors. Permitted use is worth confirming with the city.

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 39 whole-home leases in Willowdale East signed at a median of $8,148 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,360. 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.

3.3%
Gross yield
− Property tax $19,490− Insurance $1,400− Vacancy & upkeep $11,035Net operating income $68,395

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOLTANIAN REAL ESTATE INC.. MLS®/PropTx.

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