108 Empress Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C14092370

$2,280,000
For Sale
Listed 1 day agoNo offer date stated
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4+1Bedrooms
4Bathrooms
1Garage · 3 parking
2500-3000Sq ft

About this home

In short

  • A Rare Opportunity To Own A One-Of-A-Kind Luxury Residence In Prestigious Willowdale.
  • Professionally Renovated With Exceptional Craftsmanship And Timeless Character, This Remarkable Home Offers A Distinctive Design Rarely Found In The Neighbourhood.
  • The Spectacular Cottage-Inspired Family Room Is The Heart Of The Home, Featuring Soaring Wood-Beamed Ceilings, Natural Stone Flooring, A Stunning Floor-To-Ceiling...
  • Occupying Its Own Private Upper Level, The Grand Primary Retreat Is A True Showpiece, Featuring Dramatic Cathedral Ceilings, Abundant Skylights, Recessed Pot Lights...
  • The Finished Lower Level Features A Separate Entrance, Spacious Recreation Room And Additional Bedroom With Ensuite, Ideal For Extended Family, Guests, Nanny Suite Or...

A Rare Opportunity To Own A One-Of-A-Kind Luxury Residence In Prestigious Willowdale. Professionally Renovated With Exceptional Craftsmanship And Timeless Character, This Remarkable Home Offers A Distinctive Design Rarely Found In The Neighbourhood. The Spectacular Cottage-Inspired Family Room Is The Heart Of The Home, Featuring Soaring Wood-Beamed Ceilings, Natural Stone Flooring, A Stunning Floor-To-Ceiling Stone Fireplace And Walk-Outs To The Beautifully Landscaped Backyard. Warm Architectural Details Create A Perfect Balance Of Luxury, Character And Comfort. The Thoughtfully Designed Split-Level Layout Defines Each Living Area, Offering Enhanced Privacy And Seamless Flow Throughout. Occupying Its Own Private Upper Level, The Grand Primary Retreat Is A True Showpiece, Featuring Dramatic Cathedral Ceilings, Abundant Skylights, Recessed Pot Lights, Custom Built-Ins, A Gas Fireplace And Private Balcony. The Spacious 5-Piece Ensuite Offers Double Sinks, A Soaker Tub And Separate Glass-Enclosed Shower. All Four Bedrooms Enjoy Desirable South-Facing Exposure, Filling The Rooms With Natural Light. The Finished Lower Level Features A Separate Entrance, Spacious Recreation Room And Additional Bedroom With Ensuite, Ideal For Extended Family, Guests, Nanny Suite Or Home Office. The Private Backyard Boasts Multiple Stone Patios And Lush Greenery, Perfect For Outdoor Entertaining Or Relaxation. With An Impressive Estate-Like Presence, This Exceptional Home Is Surrounded By Luxury Custom Residences And Conveniently Located Near Parks, Transit And Top-Ranked Schools, Including Earl Haig Secondary School.

Key facts

Property type
Detached, 3-Storey
MLS®
C14092370
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
50.06 × 128.15 ft
Cross streets
Finch/Yonge/Sheppard
Parking
1 garage · 3 parking (attached)
Driveway
Available
Basement
Separate Entrance, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$14,267 / 2026
Days on market
1
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Dining RoomMain7.80 × 4.70 m

combined w/family · wall sconce lighting · stone floor

KitchenMain3.36 × 2.76 m

hardwood floor · halogen lighting · pantry

RecreationBasement5.20 × 3.06 m

hardwood floor · halogen lighting · above grade window

BedroomMain4.50 × 2.92 m

4 pc bath · crown moulding · closet

Family RoomMain7.80 × 4.70 m

stone floor · gas fireplace · w/o to garden

OfficeIn Between4.10 × 3.48 m

hardwood floor · halogen lighting · crown moulding

Bedroom 4Second4.54 × 3.54 m

crown moulding · halogen lighting · closet

BreakfastMain4.15 × 2.85 m

hardwood floor · b/i shelves · bow window

BedroomBasement4.67 × 3.80 m

3 pc ensuite · hardwood floor · above grade window

Bedroom 2In Between4.10 × 3.48 m

cathedral ceiling(s) · crown moulding · closet

Primary BedroomSecond8.88 × 5.10 m

6 pc ensuite · gas fireplace · w/o to balcony

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.22Mlikely sale price

Listed at $2,280,000. 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 $2.22M, if it sells. A realistic range is $2.08M to $2.51M.

Independent value check: $2.24M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $2.10M and $2.35M).

Why $2.24M. The typical detached home sold in Willowdale East over the past year went for about $2.29M (110 sales). What sets this one apart:

  • ▼ Lowers it slightly4+1 bedrooms and 4 baths, against 4+1 and 5 typically.
  • ▼ Lowers it slightlyIt is 2,500 to 3,000 sq ft; the typical home sold here is 3,000 to 3,500.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
  • ▼ Lowers it slightly1 garage and 3 total parking spaces, against 2 and 6 typically.
List price
$2.08MBelow recent closings$2.51MAbove recent closings

Total price vs nearby homes. Likely closing about $2.22M, 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
1days on market so far
$6,151/moest. rent · 32 leases
3.2%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.4 months of inventory: 54 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 $829/sqft against an area asking average of $936/sqft.

  • Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Willowdale East: 29 of the 223 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 $2.31M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

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

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Earl Haig Secondary 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

There were not many closely comparable homes right in Willowdale East, so I widened the search to the surrounding area.

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
$2.32Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $2.24M, which is where my estimate comes from.

Per square foot, these ask about $881/sqft; this home lists at $829/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.28MThis home2.39M2.37M1.56M2.89M2.39MThis 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.

Lansing-Westgate
$1.60M
Banbury-Don Mills
$2.28M
Leaside
$1.55M
Wexford-Maryvale
$849K
Oakwood Village
$2.00M

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 McKee Public School
86%
McKee Public SchoolPublic · Elementary · 0.5 km awayHigher-rated than most nearby · 86% 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 elementary0.6 km · 96% at standard
Cardinal Carter ES · Catholic elementary0.8 km
Cardinal Carter Academy for the Arts · Catholic secondary0.8 km · 92% at standard
St Cyril Catholic School · Catholic elementary1.0 km · 90% at standard
Hollywood Public School · Public elementary1.3 km · 96% at standard
Avondale Alternative Elementary School · Public elementary1.4 km · 94% at standard
Avondale Public School · Public elementary1.4 km · 70% at standard
Willowdale Middle School · Public elementary1.5 km · 78% at standard
Churchill Public School · Public elementary1.5 km · 83% at standard
Avondale Secondary Alternative School · Public secondary1.8 km
Finch Public School · Public elementary1.8 km · 72% at standard
St Antoine Daniel Catholic School · Catholic elementary1.9 km · 58% at standard

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

Affordability & Mortgage

Affordability
$10,391/mo
$438KIncome needed
5.2×Price ÷ income
$2,398Weekly cost
$86,950Land 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.

90%mortgage
Mortgage $10,391Property tax $1,189Total carry $11,580

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

years
years (your rate-locked period)
$10,085per month

Mortgage amount $1,824,000 · 4.49% over 25 years

$456,000Down payment (20.0%)
$1,824,000Loan before insurance
$0CMHC premium
$11,274Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,085
Property tax
$1,189
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,274

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

One-time closing costs

Ontario land transfer tax
$43,475
Toronto municipal land transfer tax
$43,475
Estimated closing costs
$86,950

Plus your down payment of $456,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$12,207/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

$1,201,563Total interest paid
$3,025,563Total of all payments
Principal $1,824,000 Interest $1,201,563
YearPrincipalInterestBalance
1$40,704$80,319$1,783,296
2$42,552$78,470$1,740,744
3$44,484$76,538$1,696,260
4$46,504$74,519$1,649,756
5$48,615$72,407$1,601,141
6$50,823$70,200$1,550,318
7$53,130$67,892$1,497,188
8$55,542$65,480$1,441,646
9$58,064$62,958$1,383,581
10$60,701$60,322$1,322,881
11$63,457$57,566$1,259,424
12$66,338$54,685$1,193,086
13$69,350$51,673$1,123,736
14$72,499$48,524$1,051,237
15$75,790$45,232$975,447
16$79,232$41,791$896,215
17$82,829$38,193$813,386
18$86,590$34,433$726,796
19$90,521$30,501$636,275
20$94,631$26,391$541,644
21$98,928$22,094$442,716
22$103,420$17,603$339,296
23$108,115$12,907$231,180
24$113,024$7,998$118,156
25$118,156$2,866$0

At the end of your 5-year term

Total paid over the term
$605,113
Principal paid down
$222,859
Interest paid
$382,253
Balance remaining
$1,601,141

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 32 whole-home leases in Willowdale East$6,151/mo
$73,812Gross annual rent
2.2%Cap rate after taxes and upkeep
$5,353 to $6,709Typical rent range
~34 daysTo find a tenant, on average

The suite is real income here: basements rent in Willowdale East (29 of 223 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 32 whole-home leases in Willowdale East signed at a median of $6,354 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,151. 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.

3.2%
Gross yield
− Property tax $14,267− Insurance $1,400− Vacancy & upkeep $8,119Net operating income $50,026

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

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