72 Hounslow Avenue, Toronto, ON

Willowdale West, Toronto · MLS® C14034820

$1,188,000
For Sale
Listed 4 days agoNo offer date stated
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3+1Bedrooms
3Bathrooms
3Parking
1100-1500Sq ft

About this home

In short

  • PRIME NORTH YORK LOCATION.
  • EXCEPTIONAL OPPORTUNITY FOR BUILDERS, INVESTORS & END USERS.
  • Situated on an impressive 50 x 132.56 FT LOT (Approx.
  • An excellent opportunity to build your dream home, explore redevelopment possibilities, renovate, invest, or enjoy the existing Rental income property.
  • RARE OPPORTUNITY TO SECURE A PREMIUM LOT IN A PRIME NORTH YORK LOCATION.

PRIME NORTH YORK LOCATION! EXCEPTIONAL OPPORTUNITY FOR BUILDERS, INVESTORS & END USERS! Situated on an impressive 50 x 132.56 FT LOT (Approx. 6,600 SQ. FT.), 3+1 Bed, this detached home offers outstanding potential in one of North York's highly desirable residential neighbourhoods. An excellent opportunity to build your dream home, explore redevelopment possibilities, renovate, invest, or enjoy the existing Rental income property. The generous lot dimensions provide tremendous flexibility for buyers looking to maximize future value. Ideal for custom home builders, savvy investors, and families seeking a property with long-term potential. RARE OPPORTUNITY TO SECURE A PREMIUM LOT IN A PRIME NORTH YORK LOCATION! Buyers to verify all redevelopment possibilities, zoning requirements, and municipal approvals. Some of the photos virtually staged

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
C14034820
Bedrooms
3+1 (4 total)
Bathrooms
3 (1 half)
Size
1100-1500 sq ft
Lot
50 × 132.5 ft
Cross streets
Yonge/Finch/Church hill
Parking
3 parking
Driveway
Private
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,450 / 2026
Days on market
4
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Dining RoomMain4.00 × 2.54 m

combined w/living · north view · hardwood floor

KitchenMain3.19 × 2.17 m

walk-out · pantry · modern kitchen

Primary BedroomSecond3.92 × 3.14 m

closet · hardwood floor

Living RoomMain4.59 × 3.18 m

combined w/dining · south view · hardwood floor

BedroomMain3.22 × 3.15 m

closet · south view · hardwood floor

Bedroom 2Second3.93 × 3.17 m

closet · hardwood floor

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

What sellers nearby are askingCurrently listed nearby in Willowdale West · asking prices
$1.43Mavg 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 $994/sqft; this home lists at $914/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.19MThis home1.30M1.40M1.59MThis home vs active comparables

Neighbourhood & location

Willowdale West, 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.

Willowdale East
$2.29M
Bayview Village
$1.60M
Banbury-Don Mills
$5.50M
Leaside
$2.15M
Steeles
$1.20M

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 Willowdale Middle School
78%
Willowdale Middle SchoolPublic · Elementary · 0.9 km awayAbove the GTA average · 78% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Cyril Catholic School · Catholic elementary0.2 km · 90% at standard
McKee Public School · Public elementary0.6 km · 86% at standard
Churchill Public School · Public elementary0.9 km · 83% at standard
Earl Haig Secondary School · Public secondary1.1 km · 90% at standard
R J Lang Elementary and Middle School · Public elementary1.2 km · 60% at standard
Claude Watson School for the Arts · Public elementary1.2 km · 96% at standard
Avondale Secondary Alternative School · Public secondary1.3 km
Drewry Secondary School · Public secondary1.4 km
Cardinal Carter Academy for the Arts · Catholic secondary1.4 km · 92% at standard
Cardinal Carter ES · Catholic elementary1.4 km
Yorkview Public School · Public elementary1.5 km · 52% at standard
Cummer Valley Middle School · Public elementary2.0 km · 79% at standard

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

Affordability & Mortgage

Affordability
$5,415/mo
$227KIncome needed
5.2×Price ÷ income
$1,250Weekly cost
$40,470Land 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.

91%mortgage
Mortgage $5,415Property tax $538Total carry $5,952

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)
$5,255per month

Mortgage amount $950,400 · 4.49% over 25 years

$237,600Down payment (20.0%)
$950,400Loan before insurance
$0CMHC premium
$5,792Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,255
Property tax
$538
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,792

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

One-time closing costs

Ontario land transfer tax
$20,235
Toronto municipal land transfer tax
$20,235
Estimated closing costs
$40,470

Plus your down payment of $237,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,360/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

$626,077Total interest paid
$1,576,477Total of all payments
Principal $950,400 Interest $626,077
YearPrincipalInterestBalance
1$21,209$41,850$929,191
2$22,172$40,887$907,019
3$23,179$39,881$883,841
4$24,231$38,828$859,610
5$25,331$37,728$834,279
6$26,481$36,578$807,797
7$27,684$35,375$780,114
8$28,941$34,119$751,173
9$30,255$32,805$720,919
10$31,628$31,431$689,290
11$33,064$29,995$656,226
12$34,566$28,494$621,661
13$36,135$26,924$585,526
14$37,776$25,283$547,750
15$39,491$23,568$508,259
16$41,284$21,775$466,975
17$43,158$19,901$423,817
18$45,118$17,941$378,699
19$47,166$15,893$331,533
20$49,308$13,751$282,225
21$51,547$11,512$230,678
22$53,887$9,172$176,791
23$56,334$6,725$120,457
24$58,892$4,167$61,566
25$61,566$1,494$0

At the end of your 5-year term

Total paid over the term
$315,295
Principal paid down
$116,121
Interest paid
$199,174
Balance remaining
$834,279

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
1.4%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

2.3%
Gross yield
− Property tax $6,450− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $16,714

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

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