501-1 Avondale Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C14033634

$499,900
For Sale
Listed 1 day agoNo offer date stated

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1+1Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Welcome to this bright and stylish 1+1 loft (850 sq ft), ideally located in the heart of North York, at Yonge &Sheppard.
  • Featuring beautiful hardwood floors on the main level, this spacious home offers an inviting open-concept living and dining area with soaring ceilings and an...
  • Upstairs, you'll find a generous primary bedroom with a huge walk-in closet and a luxurious 4-piece ensuite.

Welcome to this bright and stylish 1+1 loft (850 sq ft), ideally located in the heart of North York, at Yonge &Sheppard. Featuring beautiful hardwood floors on the main level, this spacious home offers an inviting open-concept living and dining area with soaring ceilings and an impressive oversized terrace-perfect for gardening, entertaining, or simply relaxing outdoors. The main floor also features a convenient powder room and large windows that fill the space with natural light. Upstairs, you'll find a generous primary bedroom with a huge walk-in closet and a luxurious 4-piece ensuite. A separate, bright and spacious upper floor den overlooks the living room, offering the perfect space for a home office, reading area, or additional living space. Enjoy unbeatable convenience with subway and highway access just minutes away, plus parks, restaurants, shopping, and everyday amenities all within easy reach. Includes one parking spot and a locker. A fantastic opportunity to enjoy loft-style living in one of North York's most sought-after locations!

Key facts

Property type
Condo Apartment, Loft
MLS®
C14033634
Bedrooms
1+1 (2 total)
Bathrooms
2 (1 half)
Size
800-899 sq ft
Cross streets
Yonge / Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$970/mo
Exposure
West
Property tax
$2,985 / 2026
Days on market
1
Listing brokerage
RE/MAX REALTY SPECIALISTS INC.

Rooms

KitchenMain2.44 × 2.13 m

granite floor · breakfast bar · granite counters

Living RoomMain4.61 × 3.72 m

hardwood floor · combined w/dining · w/o to terrace

Primary BedroomUpper3.66 × 2.75 m

laminate · walk-in closet(s) · 4 pc ensuite

Dining RoomMain4.61 × 3.72 m

hardwood floor · open concept

DenUpper3.05 × 2.13 m

laminate · overlooks living

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

Its public catchment (Claude Watson School for the Arts) 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.

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 Claude Watson School for the Arts
96%
Claude Watson School for the ArtsPublic · Elementary · 0.9 km awayAmong the top in the GTA · 96% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Edward Catholic School · Catholic elementary0.6 km · 89% at standard
Cardinal Carter Academy for the Arts · Catholic secondary0.6 km · 92% at standard
Cardinal Carter ES · Catholic elementary0.7 km
Avondale Alternative Elementary School · Public elementary0.8 km · 94% at standard
Avondale Public School · Public elementary0.8 km · 70% at standard
Cameron Public School · Public elementary1.0 km · 81% at standard
Earl Haig Secondary School · Public secondary1.3 km · 90% at standard
Owen Public School · Public elementary1.7 km · 59% at standard
St Andrew's Middle School · Public elementary1.7 km · 81% at standard
McKee Public School · Public elementary1.8 km · 86% at standard
Willowdale Middle School · Public elementary1.8 km · 78% at standard
Loretto Abbey Catholic Secondary School · Catholic secondary1.9 km · 76% at standard

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

Affordability & Mortgage

Affordability
$2,278/mo
$117KIncome needed
4.3×Price ÷ income
$526Weekly cost
$12,946Land 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 $2,278Property tax $249Condo fee $970Total carry $3,497

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)
$2,211per month

Mortgage amount $399,920 · 4.49% over 25 years

$99,980Down payment (20.0%)
$399,920Loan before insurance
$0CMHC premium
$3,430Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,211
Property tax
$249
Condo / maintenance fees
$970
Heating
$0
Estimated monthly cost
$3,430

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

One-time closing costs

Ontario land transfer tax
$6,473
Toronto municipal land transfer tax
$6,473
Estimated closing costs
$12,946

Plus your down payment of $99,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,676/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

$263,448Total interest paid
$663,368Total of all payments
Principal $399,920 Interest $263,448
YearPrincipalInterestBalance
1$8,925$17,610$390,995
2$9,330$17,205$381,666
3$9,753$16,781$371,912
4$10,196$16,339$361,716
5$10,659$15,876$351,057
6$11,143$15,392$339,914
7$11,649$14,886$328,265
8$12,178$14,357$316,087
9$12,731$13,804$303,356
10$13,309$13,226$290,047
11$13,913$12,622$276,134
12$14,545$11,990$261,589
13$15,205$11,329$246,384
14$15,896$10,639$230,488
15$16,617$9,917$213,871
16$17,372$9,163$196,499
17$18,161$8,374$178,338
18$18,985$7,550$159,353
19$19,847$6,688$139,506
20$20,748$5,786$118,758
21$21,690$4,844$97,067
22$22,675$3,859$74,392
23$23,705$2,830$50,687
24$24,781$1,754$25,906
25$25,906$628$0

At the end of your 5-year term

Total paid over the term
$132,674
Principal paid down
$48,863
Interest paid
$83,811
Balance remaining
$351,057

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$2,700/mo
$32,400Gross annual rent
2.7%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.

6.5%
Gross yield
− Property tax $2,985− Condo fees $11,640− Insurance $600− Vacancy & upkeep $3,564Net operating income $13,612

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

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