811-28 Olive Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C14030894

$425,000
For Sale
Listed 6 days agoNo offer date stated
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◎ Directions
1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Location, Location, Location.
  • Just Steps To TTC, Subway, Shopping, Restaurants, Park And Everyday Amenities.
  • 24-Hours Security Gatehouse.
  • This Bright & Spacious Corner 1-Bedroom Has A Functional Layout With New Flooring, New Granite Counter-Top And Back Splash, New Paint Thru-Out.
  • 1 Parking And 1 Locker Included.

Location, Location, Location! Exceptional Opportunity To Own A Property In The Highly Desirable Willowdale East Community. Situated In Convenient Yonge/Finch Location. Famous Earl Haig Secondary School Area. Just Steps To TTC, Subway, Shopping, Restaurants, Park And Everyday Amenities. Building Maintenance Includes Water, Heat & Electricity. 24-Hours Security Gatehouse. Fitness, Game & Party Room. This Bright & Spacious Corner 1-Bedroom Has A Functional Layout With New Flooring, New Granite Counter-Top And Back Splash, New Paint Thru-Out. 1 Parking And 1 Locker Included. Move-In Ready And Priced To Sell.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14030894
Bedrooms
1
Bathrooms
1
Size
600-699 sq ft
Cross streets
YONGE/FINCH
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$636/mo
Exposure
North East
Property tax
$2,112 / 2026
Days on market
6
Listing brokerage
KW Living Realty

Rooms

Living RoomFlat4.55 × 3.66 m

laminate · combined w/dining · w/o to balcony

BedroomFlat3.61 × 2.44 m

laminate · large window · large closet

Dining RoomFlat4.55 × 3.66 m

laminate · combined w/living · open concept

KitchenFlat2.60 × 2.44 m

laminate · open concept · stainless steel appl

Our TakeTeam Asgarian · Broker
A small discount is typical
$412Klikely sale price

Listed at $425,000. Going by how homes in Willowdale East have actually closed against their asking prices (about 97%, 123 local closings in 90 days), the likely sale price is near $412K, if it sells. A realistic range is $388K to $446K.

Independent value check: $432K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $402K and $454K).

Why $432K. 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 stronglyIts tax bill, which follows the city's own assessment, is $2,112 a year; the typical home sold here pays about $3,100.
  • ▼ Lowers itIt is 600 to 699 sq ft; the typical home sold here is 800 to 899.
  • ▲ Raises it slightlyIts maintenance fee is $636 a month; the typical unit sold here pays about $740.
List price
$388KBelow recent closings$446KAbove recent closings

Total price vs nearby homes. Likely closing about $412K, from 123 recent closings in this pocket.

The market behind the math:

123sold nearby · 90 days
$548Kmedian sold price
97%of asking, on average
−16%prices vs a year ago
~29 dayshomes like this take to sell
6days on market so far
$2,311/moest. rent · 8 leases
6.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.1 months of inventory: 44 condo apartment homes for sale in the area against 123 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 $654/sqft against an area asking average of $810/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 123 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $423K. 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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 4 homes sold in this building over the past year, plus 1 nearby in Willowdale East, from 500 closings in Willowdale East.

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.

Yorkdale-Glen Park
$631K
Mount Pleasant West
$639K
Bay Street Corridor
$479K
Church-Yonge Corridor
$613K
Moss Park
$633K

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 · 1.6 km awayAround the GTA average · 72% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Cyril Catholic School · Catholic elementary0.4 km · 90% at standard
McKee Public School · Public elementary0.6 km · 86% at standard
Avondale Secondary Alternative School · Public secondary0.8 km
Drewry Secondary School · Public secondary1.0 km
R J Lang Elementary and Middle School · Public elementary1.1 km · 60% at standard
Earl Haig Secondary School · Public secondary1.3 km · 90% at standard
St Antoine Daniel Catholic School · Catholic elementary1.3 km · 58% at standard
Churchill Public School · Public elementary1.4 km · 83% at standard
Willowdale Middle School · Public elementary1.5 km · 78% at standard
Claude Watson School for the Arts · Public elementary1.6 km · 96% at standard
Cardinal Carter Academy for the Arts · Catholic secondary1.8 km · 92% at standard
Cardinal Carter ES · Catholic elementary1.8 km

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

Affordability & Mortgage

Affordability
$1,937/mo
$95KIncome needed
4.5×Price ÷ income
$447Weekly cost
$9,950Land 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.

70%mortgage
Mortgage $1,937Property tax $176Condo fee $636Total carry $2,749

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)
$1,880per month

Mortgage amount $340,000 · 4.49% over 25 years

$85,000Down payment (20.0%)
$340,000Loan before insurance
$0CMHC premium
$2,692Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,880
Property tax
$176
Condo / maintenance fees
$636
Heating
$0
Estimated monthly cost
$2,692

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

One-time closing costs

Ontario land transfer tax
$4,975
Toronto municipal land transfer tax
$4,975
Estimated closing costs
$9,950

Plus your down payment of $85,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,275/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

$223,976Total interest paid
$563,976Total of all payments
Principal $340,000 Interest $223,976
YearPrincipalInterestBalance
1$7,587$14,972$332,413
2$7,932$14,627$324,481
3$8,292$14,267$316,189
4$8,668$13,891$307,520
5$9,062$13,497$298,458
6$9,474$13,086$288,985
7$9,904$12,655$279,081
8$10,353$12,206$268,728
9$10,823$11,736$257,904
10$11,315$11,244$246,590
11$11,829$10,730$234,761
12$12,366$10,193$222,395
13$12,927$9,632$209,468
14$13,514$9,045$195,954
15$14,128$8,431$181,827
16$14,769$7,790$167,058
17$15,440$7,119$151,618
18$16,141$6,418$135,477
19$16,873$5,686$118,604
20$17,640$4,919$100,964
21$18,441$4,118$82,524
22$19,278$3,281$63,246
23$20,153$2,406$43,093
24$21,068$1,491$22,025
25$22,025$534$0

At the end of your 5-year term

Total paid over the term
$112,795
Principal paid down
$41,542
Interest paid
$71,253
Balance remaining
$298,458

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 8 whole-home leases in Willowdale East$2,311/mo
$27,732Gross annual rent
3.4%Cap rate after taxes and upkeep
$2,126 to $2,495Typical 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 8 whole-home leases in Willowdale East signed at a median of $2,500 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,311. 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.

6.5%
Gross yield
− Property tax $2,112− Condo fees $7,631− Insurance $600− Vacancy & upkeep $3,051Net operating income $14,338

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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