397 Hillcrest Avenue, Toronto, ON
Willowdale East, Toronto · MLS® C14106098
About This Home
In short
- Magnificent 2-Storey Custom Built Home on a Premium Southern Lot (5,780 Sq.
- Offering Obout 5,200 sq. ft of Luxurious Living Space ( Sq. ft. above Grade + Professionally Finished Walk-Out Basement) in High Demanded Part of Willowdale East Area.
- Convenient Location, Steps Away From Hollywood Public School, Bayview Middle School, Ttc, Park, Tennis Courts, Walking Trail, Ravine, Bayview Village Mall and All...
- Soaring Ceilings Height on Main Floor(10'), 2nd Flr(9'), Hardwood Floors, Crown Moulding, Halogen Lighting.
- An Oak Staircase with Iron Railings and Skylight Above That Leads to the Upper Level, Where the Fabulous Primary Suite Includes a Walk-In Closet and a Luxurious 7-Pc...
Read the full description
Magnificent 2-Storey Custom Built Home on a Premium Southern Lot (5,780 Sq. Ft)! Offering Obout 5,200 sq. ft of Luxurious Living Space ( Sq. ft. above Grade + Professionally Finished Walk-Out Basement) in High Demanded Part of Willowdale East Area! Convenient Location, Steps Away From Hollywood Public School, Bayview Middle School, Ttc, Park, Tennis Courts, Walking Trail, Ravine, Bayview Village Mall and All other Amenities! Earl Haig High School! This Spacious Residence Features 4+2 Bedrooms and 5 Washrooms. The Elegant Natural Stone Facade! Soaring Ceilings Height on Main Floor(10'), 2nd Flr(9'), Hardwood Floors, Crown Moulding, Halogen Lighting. Sophistication Flows through the Main Hallway and Staircase, Wainscotting in 1st & 2nd For Hallways! Enjoy the Open-Concept Layout in Living and Dining Areas! Direct Garage Access to the Main Floor. Breathtaking Family Room with a Gas Fireplace Seamlessly Connects to a Gourmet Kitchen Featuring Granite Countertops and Backsplash, Stainless Steel Appliances, Well-Kept Cabinetry, and a Generous Breakfast Area with a Walkout to a Family-Sized Interlocked Patio and A Paradise Backyard with Wrap Around Beautiful Mature Trees Ideal for Entertaining or Unwinding. An Oak Staircase with Iron Railings and Skylight Above That Leads to the Upper Level, Where the Fabulous Primary Suite Includes a Walk-In Closet and a Luxurious 7-Pc Ensuite. Three Additional Bedrooms and Two Full Bathrooms. A Spacious Second-Floor Laundry Room Adds Everyday Convenience.The Finished Walk-Out Basement Offers Incredible Versatility with a Large Entertainment/Recreation Area, A Gas Fireplace, Two Bedrooms, A 4-Pc Bath, and Rough-In Laundry. Lavishly Used Interlock Flooring for Driveway, on the Both Side Pathway and Patio in the backyard. No Sidewalk in Front! A Must-See Home That Truly Has It All!
Key Facts
- Property type
- Detached, 2-Storey
- MLS®
- C14106098
- Bedrooms
- 4+2 (6 total)
- Bathrooms
- 5 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 52.67 × 134.16 ft
- Cross streets
- Bayview Ave / Sheppard Ave
- Parking
- 2 garage · 6 parking (built-in)
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster), Stone
- Foundation
- Poured Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $16,198 / 2025
- Days on market
- 7
- Listing brokerage
- RE/MAX REALTRON BIJAN BARATI REAL ESTATE
Rooms
See all 14 rooms, floor by floor
ceramic floor · above grade window · halogen lighting
hardwood floor · built-in speakers · wainscoting
hardwood floor · w/o to patio · dropped ceiling
limestone flooring · window
4 pc bath · above grade window · walk-in closet(s)
hardwood floor · gas fireplace · bay window
ceramic floor · w/o to yard · gas fireplace
hardwood floor · closet · halogen lighting
limestone flooring · above grade window · stainless steel appl
5 pc bath · walk-in closet(s) · hardwood floor
hardwood floor · built-in speakers · gas fireplace
4 pc ensuite · closet · hardwood floor
hardwood floor · built-in speakers · crown moulding
7 pc ensuite · walk-in closet(s) · hardwood floor
Our Take
Team Asgarian · BrokerListed at $2,888,000. Going by how homes in Willowdale East and the wider GTA have actually closed against their asking prices (about 98%, 27 local closings in 90 days), the likely sale price is near $2.82M, if it sells. A realistic range is $2.65M to $3.18M.
Independent value check: $2.67M. Without looking at the asking price, our model values the home itself about 8% below the ask (homes like it typically land between $2.50M and $2.79M).
Why $2.67M. 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 itIts tax bill, which follows the city's own assessment, is $16,198 a year; the typical home sold here pays about $14,400.
- ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $2.82M, from 27 recent closings in this pocket.
The market behind the math:
About 3.1 months of inventory: 28 detached homes for sale in the area against 27 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $889/sqft against an area asking average of $814/sqft.
- Walk-out basement apartment features. A finished 2 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Willowdale East: 28 of the 223 detached leases here lately were basement units, around $2,050 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.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
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 27 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.47M. 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
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- 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
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.
Based on 27 comparable homes that sold in Willowdale East over the past two years, from 219 closings there.
What sellers nearby are asking
For sale in Willowdale East now · asking prices
Every home like this one for sale in Willowdale East right now, newest listing first. These are asking prices, not sales.
Per square foot, these ask about $864/sqft; this home lists at $889/sqft. Size is part of the price story, not just the sticker.
The 5 closest in price of 29 for sale in Willowdale East.
See all comparable homesSold 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.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $2.34M | 6 |
| November 2025 | $2.58M | 10 |
| December 2025 | $2.20M | 5 |
| January 2026 | $1.68M | 5 |
| February 2026 | $1.44M | 8 |
| March 2026 | $2.10M | 9 |
| April 2026 | $2.50M | 7 |
| May 2026 | $2.40M | 13 |
| June 2026 | $2.25M | 13 |
| July 2026 | $1.60M | 13 |
| August 2026 | $2.38M | 12 |
| September 2026 | $2.45M | 8 |
Thinking of selling near Willowdale East?
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Neighbourhood & location
Willowdale East, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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 & catchment
Assigned attendance-boundary schools, with EQAO resultsThe 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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Questions About 397 Hillcrest Avenue
What is the asking price for 397 Hillcrest Avenue?
It is listed at $2,888,000.
How many bedrooms and bathrooms does 397 Hillcrest Avenue have?
4+2 bedrooms, and 5 bathrooms (1 of them half baths).
How big is 397 Hillcrest Avenue?
The listing gives 3000-3500 sq ft of living space, on a 52.67 × 134.16 ft lot.
Does 397 Hillcrest Avenue have parking?
2 garage spaces, 6 parking spaces in all.
What are the property taxes on 397 Hillcrest Avenue?
$16,198 a year, for 2025.
Is there an offer date for 397 Hillcrest Avenue?
The listing does not state an offer date.
Which schools is 397 Hillcrest Avenue zoned for?
By the school boards' attendance boundaries: Hollywood Public School, Avondale Elementary Alternative School, Earl Haig Secondary School and St. Gabriel. Boundaries change, so confirm with the board before relying on it.
When was 397 Hillcrest Avenue listed?
It came on the market on October 22, 2026.
Who is the listing brokerage for 397 Hillcrest Avenue?
RE/MAX REALTRON BIJAN BARATI REAL ESTATE. Team Asgarian can book you a private showing and represent you as the buyer: (416) 837-8000.
Affordability & Mortgage
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.
Calculate and customize your mortgage
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of October 30, 2026); conventional rates run a little higher.
Mortgage amount $2,310,400 · 4.59% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,903
- Property tax
- $1,350
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $14,253
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $58,675
- Toronto municipal land transfer tax
- $58,675
- Estimated closing costs
- $117,350
Plus your down payment of $577,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $774,197
- Principal paid down
- $278,942
- Interest paid
- $495,256
- Balance remaining
- $2,031,458
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.
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON BIJAN BARATI REAL ESTATE. MLS®/PropTx.