302 Spring Garden Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C14109500

$1,349,000
For Sale
Listed 7 days agoNo offer date stated
3Bedrooms
1Bathrooms
2Garage · 6 parking
700-1100Sq ft

About This Home

In short

  • Attention Builders, Investors & End-Users.
  • Rare opportunity to skip lengthy city delays on a prime 50' x 120' lot in highly sought-after Willowdale East.
  • Property includes approved Committee of Adjustment decision (File A0295/25NY) and architectural plans for a ~4,000 sq ft luxury custom home with building permits in...
  • Surrounded by multi-million dollar custom builds ($3.5M+), offering immense upside potential.
  • The existing solid brick bungalow features 3 bedrooms, separate side entrance to basement, attached double garage, and long driveway for 5 cars.
Read the full description

Attention Builders, Investors & End-Users! Rare opportunity to skip lengthy city delays on a prime 50' x 120' lot in highly sought-after Willowdale East! Property includes approved Committee of Adjustment decision (File A0295/25NY) and architectural plans for a ~4,000 sq ft luxury custom home with building permits in the final approval stage. Surrounded by multi-million dollar custom builds ($3.5M+), offering immense upside potential. Located steps to top-ranked Earl Haig SS, Hollywood PS, TTC Subway, parks, and vibrant Yonge St amenities. The existing solid brick bungalow features 3 bedrooms, separate side entrance to basement, attached double garage, and long driveway for 5 cars. Live in, rent out, or prepare to build without waiting months for municipal approvals. An exceptional acquisition opportunity on a premier street!

Key Facts

Property type
Detached, Bungalow
MLS®
C14109500
Bedrooms
3
Bathrooms
1
Size
700-1100 sq ft
Lot
50 × 120 ft
Cross streets
Spring Garden Ave & Willowdale Ave
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Partially Finished, Separate Entrance
Heating
Radiant
A/C
None
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$11,057 / 2026
Days on market
7
Listing brokerage
T-ONE GROUP REALTY INC.,

Rooms

See all 7 rooms, floor by floor
Family RoomMain4.83 × 3.56 m

South View

KitchenMain3.38 × 2.86 m
RecreationBasement6.52 × 3.96 m
Primary BedroomMain3.82 × 3.07 m
Dining RoomMain3.51 × 2.72 m
Bedroom 3Main3.19 × 2.72 m
Bedroom 2Main3.38 × 2.75 m

Our Take

Team Asgarian · Broker
A small discount is typical
$1.32Mlikely sale price

Listed at $1,349,000. 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 $1.32M, if it sells. A realistic range is $1.24M to $1.49M.

Independent value check: $1.35M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.26M and $1.41M).

Why $1.35M. 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 stronglyIt is 700 to 1,100 sq ft; the typical home sold here is 3,000 to 3,500.
  • ▼ Lowers it strongly3 bedrooms and 1 baths, against 4+1 and 5 typically.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $11,057 a year; the typical home sold here pays about $14,400.
  • ▼ Lowers itThe listing presents it as a home to renovate or rebuild.
List price
$1.24MBelow recent closings$1.49MAbove recent closings

Total price vs nearby homes. Likely closing about $1.32M, from 27 recent closings in this pocket.

The market behind the math:

27sold nearby · 90 days
$2.30Mmedian sold price
97%of asking, on average
+2%prices vs a year ago
~25 dayshomes like this take to sell
7days on market so far
$3,290/moest. rent · 8 leases
2.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.8 months of inventory: 16 detached homes for sale in the area against 27 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 $1,499/sqft against an area asking average of $1,109/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.

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 $1.53M. Condition and finishes remain an in-person call.

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.

Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

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

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
$1.47Mavg asking

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 $879/sqft; this home lists at $1,499/sqft. Size is part of the price story, not just the sticker.

The 5 closest in price of 27 for sale in Willowdale East.

See all comparable homes
1.35MThis home1.39M1.49M1.49M1.49M1.50MThis 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

Thinking of selling near Willowdale East?

You have just seen what homes around here are asking. We can tell you what yours would sell for, from the closings on your street, free and with no obligation.

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
$1.89M
Banbury-Don Mills
$2.00M
Bridle Path-Sunnybrook-York Mills
$5.09M
Bedford Park-Nortown
$3.29M

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 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 Hollywood Public School
96%
Hollywood Public SchoolPublic · Elementary · 0.6 km awayAmong the top in the GTA · 96% meet the provincial standard
Avondale Elementary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Avondale Alternative Elementary School · Public elementary0.9 km · 94% at standard
Avondale Public School · Public elementary0.9 km · 70% at standard
Claude Watson School for the Arts · Public elementary1.0 km · 96% at standard
Cardinal Carter ES · Catholic elementary1.1 km
Cardinal Carter Academy for the Arts · Catholic secondary1.1 km · 92% at standard
McKee Public School · Public elementary1.3 km · 86% at standard
Bayview Middle School · Public elementary1.4 km · 80% at standard
Elkhorn Public School · Public elementary1.4 km · 85% at standard
Finch Public School · Public elementary1.8 km · 72% at standard
St Andrew's Middle School · Public elementary1.8 km · 81% at standard
St Cyril Catholic School · Catholic elementary1.9 km · 90% at standard
Harrison Public School · Public elementary1.9 km · 82% at standard

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

Questions About 302 Spring Garden Avenue

What is the asking price for 302 Spring Garden Avenue?

It is listed at $1,349,000.

How many bedrooms and bathrooms does 302 Spring Garden Avenue have?

3 bedrooms, and 1 bathroom.

How big is 302 Spring Garden Avenue?

The listing gives 700-1100 sq ft of living space, on a 50 × 120 ft lot.

Does 302 Spring Garden Avenue have parking?

2 garage spaces, 6 parking spaces in all.

What are the property taxes on 302 Spring Garden Avenue?

$11,057 a year, for 2026.

Is there an offer date for 302 Spring Garden Avenue?

The listing does not state an offer date.

Which schools is 302 Spring Garden 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 302 Spring Garden Avenue listed?

It came on the market on October 22, 2026.

Who is the listing brokerage for 302 Spring Garden Avenue?

T-ONE GROUP REALTY INC.,. Team Asgarian can book you a private showing and represent you as the buyer: (416) 837-8000.

Affordability & Mortgage

Affordability
$6,148/mo
$269KIncome needed
5.0×Price ÷ income
$1,419Weekly cost
$46,910Land transfer tax, one-time (Ontario + Toronto)
20% down4.79% reference rate25-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.

87%mortgage
Mortgage is 87% of the monthly costMortgage $6,148Property tax $921Total carry $7,070
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

$
20.0%
$
%
4.59%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of October 30, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,027per month

Mortgage amount $1,079,200 · 4.59% over 25 years

$269,800Down payment (20.0%)
$1,079,200Loan before insurance
$0CMHC premium
$6,949Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,027
Property tax
$921
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,949

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

One-time closing costs

Ontario land transfer tax
$23,455
Toronto municipal land transfer tax
$23,455
Estimated closing costs
$46,910

Plus your down payment of $269,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.59%Qualifying rate
$7,288/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

$728,958Total interest paid
$1,808,158Total of all payments
Principal $1,079,200 Interest $728,958
YearPrincipalInterestBalance
1$23,749$48,577$1,055,451
2$24,852$47,475$1,030,599
3$26,005$46,321$1,004,594
4$27,213$45,114$977,381
5$28,476$43,850$948,905
6$29,798$42,528$919,107
7$31,182$41,145$887,925
8$32,629$39,697$855,296
9$34,144$38,182$821,152
10$35,729$36,597$785,422
11$37,388$34,938$748,034
12$39,124$33,202$708,910
13$40,940$31,386$667,970
14$42,841$29,485$625,128
15$44,830$27,496$580,298
16$46,911$25,415$533,387
17$49,089$23,237$484,298
18$51,368$20,958$432,929
19$53,753$18,573$379,176
20$56,249$16,077$322,927
21$58,860$13,466$264,067
22$61,593$10,733$202,474
23$64,453$7,874$138,021
24$67,445$4,881$70,576
25$70,576$1,750$0

At the end of your 5-year term

Total paid over the term
$361,632
Principal paid down
$130,295
Interest paid
$231,337
Balance remaining
$948,905

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.

Book a Consultation

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.

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

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