302 La Rose Avenue, Toronto, ON

Willowridge-Martingrove-Richview, Toronto · MLS® W13840594

$1,479,000
For Sale
Listed 16 days agoNo offer date stated
3+1Bedrooms
2Bathrooms
1Garage · 5 parking
1100-1500Sq ft

About this home

In short

  • Meticulously maintained 3+1 - bedroom, 2-bathroom detached bungalow on 46 x 122 ft lot in sought-after Royal York Gardens.
  • Bright, open-concept living and dining room featuring hardwood floors, crown moulding and a walkout to a covered deck.
  • The family-size eat-in kitchen offers updated rich wood cabinetry, granite counters, stainless steel appliances, pot lights and heated floors.
  • Three well-proportioned bedrooms with hardwood floors and a 4-piece bath complete the main level.
  • The finished lower level has its own separate entrance and adds a spacious family room with a fireplace, a rec room, a 2-piece bath and a large laundry room (ample...

Meticulously maintained 3+1 - bedroom, 2-bathroom detached bungalow on 46 x 122 ft lot in sought-after Royal York Gardens. Bright, open-concept living and dining room featuring hardwood floors, crown moulding and a walkout to a covered deck. The family-size eat-in kitchen offers updated rich wood cabinetry, granite counters, stainless steel appliances, pot lights and heated floors. Three well-proportioned bedrooms with hardwood floors and a 4-piece bath complete the main level. The finished lower level has its own separate entrance and adds a spacious family room with a fireplace, a rec room, a 2-piece bath and a large laundry room (ample room for second kitchen), with second family room or large bedroom. workshop/furnace room. Ideal for extended family or possible duplex/income property? Outside, enjoy a covered entertaining deck overlooking a deep, private backyard with manicured gardens and new shed with concrete pad. Plus an attached garage and a double private drive. Steps to Richview Collegiate, Father Serra, parks, TTC and shopping. The belle of Royal York Gardens!

Key facts

Property type
Detached, Bungalow
MLS®
W13840594
Bedrooms
3+1 (4 total)
Bathrooms
2 (1 half)
Size
1100-1500 sq ft
Lot
46 × 122 ft
Cross streets
Eglinton/Islington
Parking
1 garage · 5 parking (attached)
Driveway
Private, Private Double
Basement
Full, Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete, Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,067 / 2025
Days on market
16
Listing brokerage
RE/MAX PROFESSIONALS INC.

Rooms

KitchenMain4.80 × 3.38 m

eat-in kitchen · granite counters · stainless steel appl

FoyerMain1.75 × 1.50 m

Closet

Primary BedroomMain4.55 × 3.02 m

hardwood floor · closet

Dining RoomMain3.96 × 2.67 m

hardwood floor · combined w/living · w/o to deck

RecreationLower5.26 × 3.58 m
LaundryLower6.22 × 2.08 m

Laundry Sink

Family RoomLower7.26 × 3.91 m

Fireplace

BathroomMain2.34 × 2.08 m

4 Pc Bath

Living RoomMain4.83 × 3.63 m

hardwood floor · combined w/dining

Furnace RoomLower3.84 × 3.51 m
Bedroom 2Main3.61 × 3.38 m

hardwood floor · closet

Bedroom 3Main3.17 × 3.02 m

hardwood floor · closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.44Mlikely sale price

Listed at $1,479,000. Going by how homes in Willowridge-Martingrove-Richview and the wider GTA have actually closed against their asking prices (about 97%, 17 local closings in 90 days), the likely sale price is near $1.44M, if it sells. A realistic range is $1.35M to $1.62M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The listing describes more than one self-contained unit, and the single-family sales around it do not price the extra units.

List price
$1.35MBelow recent closings$1.62MAbove recent closings

Total price vs nearby homes. Likely closing about $1.44M, from 17 recent closings in this pocket.

The market behind the math:

17sold nearby · 90 days
$1.07Mmedian sold price
98%of asking, on average
−14%prices vs a year ago
~14 dayshomes like this take to sell
16days on market so far
$4,050/moest. rent · 26 leases
3.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.1 months of inventory: 12 detached homes for sale in the area against 17 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 $1,138/sqft against an area asking average of $948/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 Willowridge-Martingrove-Richview: 23 of the 85 detached leases here lately were basement units, around $2,000 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 17 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.09M. 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

Its public catchment (Richview Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 17 comparable homes that sold in Willowridge-Martingrove-Richview over the past two years, from 212 closings there.

What sellers nearby are askingCurrently listed nearby in Willowridge-Martingrove-Richview · asking prices
$1.32Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $1,016/sqft; this home lists at $1,138/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
1.48MThis home1.69M1.10M1.05M1.42M1.35MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Willowridge-Martingrove-Richview: $1.25M in September 2026, down 4% from a year ago, on 110 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$1.20M9
November 2025$1.17M17
December 2025$1.10M7
January 2026$1.34M6
February 2026$1.20M5
March 2026$1.40M9
April 2026$1.25M11
May 2026$1.22M16
June 2026$1.16M10
July 2026$1.22M8
August 2026$1.00M7
September 2026$1.25M5

Neighbourhood & location

Willowridge-Martingrove-Richview, 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.

Stonegate-Queensway
$1.25M
Oakwood Village
$1.74M
Bedford Park-Nortown
$2.99M
Lawrence Park South
$2.67M
Lansing-Westgate
$2.60M

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 Valleyfield Junior School
77%
Valleyfield Junior SchoolPublic · Elementary · 1.3 km awayAbove the GTA average · 77% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
All Saints Catholic School · Catholic elementary0.8 km · 65% at standard
St Eugene Catholic School · Catholic elementary1.1 km · 78% at standard
St George's Junior School · Public elementary1.1 km · 81% at standard
St Demetrius Catholic School · Catholic elementary1.3 km · 76% at standard
Westway Junior School · Public elementary1.3 km · 54% at standard
St Marcellus Catholic School · Catholic elementary1.4 km · 60% at standard
Central Etobicoke High School · Public secondary1.5 km
Dixon Grove Junior Middle School · Public elementary1.5 km · 45% at standard
Westmount Junior School · Public elementary1.6 km · 53% at standard
Kipling Collegiate Institute · Public secondary2.0 km · 46% at standard
Kingsview Village Junior School · Public elementary2.0 km · 62% at standard
John G Althouse Middle School · Public elementary2.1 km · 88% at standard

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

Affordability & Mortgage

Affordability
$6,741/mo
$272KIncome needed
5.4×Price ÷ income
$1,556Weekly cost
$52,110Land 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.

94%mortgage
Mortgage $6,741Property tax $422Total carry $7,163

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,542per month

Mortgage amount $1,183,200 · 4.49% over 25 years

$295,800Down payment (20.0%)
$1,183,200Loan before insurance
$0CMHC premium
$6,964Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,542
Property tax
$422
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,964

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

One-time closing costs

Ontario land transfer tax
$26,055
Toronto municipal land transfer tax
$26,055
Estimated closing costs
$52,110

Plus your down payment of $295,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,918/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

$779,435Total interest paid
$1,962,635Total of all payments
Principal $1,183,200 Interest $779,435
YearPrincipalInterestBalance
1$26,404$52,101$1,156,796
2$27,603$50,903$1,129,193
3$28,856$49,649$1,100,337
4$30,166$48,339$1,070,171
5$31,536$46,969$1,038,635
6$32,968$45,538$1,005,667
7$34,465$44,041$971,202
8$36,030$42,476$935,173
9$37,665$40,840$897,507
10$39,376$39,130$858,132
11$41,163$37,342$816,968
12$43,032$35,473$773,936
13$44,986$33,519$728,950
14$47,029$31,477$681,921
15$49,164$29,341$632,757
16$51,396$27,109$581,361
17$53,730$24,775$527,631
18$56,169$22,336$471,461
19$58,720$19,786$412,742
20$61,386$17,120$351,356
21$64,173$14,332$287,183
22$67,087$11,419$220,096
23$70,133$8,373$149,963
24$73,317$5,188$76,646
25$76,646$1,859$0

At the end of your 5-year term

Total paid over the term
$392,527
Principal paid down
$144,565
Interest paid
$247,962
Balance remaining
$1,038,635

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 26 whole-home leases in Willowridge-Martingrove-Richview$4,050/mo
$48,600Gross annual rent
2.5%Cap rate after taxes and upkeep
$3,844 to $4,296Typical rent range
~29 daysTo find a tenant, on average

The suite is real income here: basements rent in Willowridge-Martingrove-Richview (23 of 85 recent detached leases were basement units, around $2,000 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,000 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 26 whole-home leases in Willowridge-Martingrove-Richview signed at a median of $4,201 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,050. 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.

3.3%
Gross yield
− Property tax $5,067− Insurance $1,400− Vacancy & upkeep $5,346Net operating income $36,787

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

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