29 Willowbrook Road, Toronto, ON

Mimico, Toronto · MLS® W14028782

$1,229,000
For Sale
Listed 3 days agoNo offer date stated
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3+1Bedrooms
2Bathrooms
1.5Garage · 4 parking
1100-1500Sq ft

About this home

In short

  • Welcome to 29 Willowbrook Road.
  • This beautifully maintained 3-bedroom bungalow offers exceptional versatility, featuring a fully renovated basement, two stunning bathrooms and a separate side entrance.
  • Enjoy the comfort and peace of mind that comes with extensive recent upgrades, including a new furnace (2024), upgraded electrical panel (2024), new eavestroughs...
  • Additional improvements include a new garage door (2023) and updated appliances.
  • With its functional layout, beautifully renovated spaces and major mechanical updates already completed, this is an outstanding opportunity for families...

Welcome to 29 Willowbrook Road! This beautifully maintained 3-bedroom bungalow offers exceptional versatility, featuring a fully renovated basement, two stunning bathrooms and a separate side entrance. The thoughtfully finished lower level boasts a full second kitchen, creating the perfect setup for extended family, in-laws or potential rental income. Enjoy the comfort and peace of mind that comes with extensive recent upgrades, including a new furnace (2024), upgraded electrical panel (2024), new eavestroughs (2024), and significant drainage improvements featuring new interior drains, a backwater valve, sump pump and exterior drain replacement (2024). Additional improvements include a new garage door (2023) and updated appliances. With its functional layout, beautifully renovated spaces and major mechanical updates already completed, this is an outstanding opportunity for families, multi-generational living or buyers seeking added income potential. Move in and enjoy!

Key facts

Property type
Detached, Bungalow-Raised
MLS®
W14028782
Bedrooms
3+1 (4 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
40.84 × 121.17 ft
Cross streets
Royal York/ Simpson
Parking
1.5 garage · 4 parking (detached)
Driveway
Private Double
Basement
Apartment, Full, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,387 / 2026
Days on market
3
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

BedroomMain2.80 × 3.75 m

hardwood floor · closet · large window

BedroomMain3.14 × 3.44 m

hardwood floor · closet · window

KitchenBasement3.90 × 5.91 m

laminate · renovated

KitchenMain2.78 × 4.27 m

tile floor · eat-in kitchen

Dining RoomMain2.26 × 3.05 m

broadloom · window

BedroomBasement4.36 × 5.22 m

laminate · 3 pc ensuite · renovated

BedroomMain3.69 × 3.17 m

hardwood floor · closet · window

Living RoomMain3.48 × 6.07 m

broadloom · large window

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.21Mlikely sale price

Listed at $1,229,000. Going by how homes in Mimico and the wider GTA have actually closed against their asking prices (about 98%, 16 local closings in 90 days), the likely sale price is near $1.21M, if it sells. A realistic range is $1.13M to $1.36M.

Independent value check: $1.21M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.14M and $1.27M).

Why $1.21M. The typical detached home sold in Mimico over the past year went for about $1.25M (76 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$1.13MBelow recent closings$1.36MAbove recent closings

Total price vs nearby homes. Likely closing about $1.21M, from 16 recent closings in this pocket.

The market behind the math:

16sold nearby · 90 days
$1.43Mmedian sold price
100%of asking, on average
+32%prices vs a year ago
~11 dayshomes like this take to sell
3days on market so far
$3,556/moest. rent · 21 leases
3.5%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.8 months of inventory: 15 detached homes for sale in the area against 16 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 $945/sqft against an area asking average of $1,241/sqft.

  • Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. In Mimico basements rarely rent out (8 of 94 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. 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 16 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.15M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is George R Gauld Junior School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

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

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

Based on 16 comparable homes that sold in Mimico over the past two years, from 153 closings there.

What sellers nearby are askingCurrently listed nearby in Mimico · asking prices
$1.29Mavg 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 $1.21M, which is where my estimate comes from.

Per square foot, these ask about $837/sqft; this home lists at $945/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 6 active listings nearby.

See all comparable homes
1.23MThis home1.05M1.50M900k1.50M1.50MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Mimico: $1.45M in September 2026, up 4% from a year ago, on 65 closings in 8 months.

Feb 26Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
February 2026$1.47M6
March 2026$1.02M8
April 2026$1.06M13
May 2026$1.30M13
June 2026$1.27M5
July 2026$1.19M8
August 2026$1.10M7
September 2026$1.45M5

Neighbourhood & location

Mimico, 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.

Rockcliffe-Smythe
$999K
Bedford Park-Nortown
$3.21M
Lawrence Park South
$2.49M
Leaside
$2.40M
Greenwood-Coxwell
$980K

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 George R Gauld Junior School
73%
George R Gauld Junior SchoolPublic · Elementary · 0.7 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Leo Catholic School · Catholic elementary0.7 km · 82% at standard
David Hornell Junior School · Public elementary1.3 km · 68% at standard
Second Street Junior Middle School · Public elementary1.4 km · 69% at standard
Etobicoke School of the Arts · Public secondary1.6 km · 80% at standard
Karen Kain School of the Arts · Public elementary1.7 km · 76% at standard
Holy Angels Catholic School · Catholic elementary1.7 km · 84% at standard
Castlebar Junior School · Public elementary1.8 km · 82% at standard
Seventh Street Junior School · Public elementary1.8 km · 73% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary2.0 km · 88% at standard
Norseman Junior Middle School · Public elementary2.2 km · 77% at standard
The Holy Trinity Catholic School · Catholic elementary2.3 km · 82% at standard
St Mark Catholic School · Catholic elementary2.3 km · 59% at standard

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

Affordability & Mortgage

Affordability
$5,601/mo
$231KIncome needed
5.3×Price ÷ income
$1,293Weekly cost
$42,110Land 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.

93%mortgage
Mortgage $5,601Property tax $449Total carry $6,050

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,436per month

Mortgage amount $983,200 · 4.49% over 25 years

$245,800Down payment (20.0%)
$983,200Loan before insurance
$0CMHC premium
$5,885Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,436
Property tax
$449
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,885

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

One-time closing costs

Ontario land transfer tax
$21,055
Toronto municipal land transfer tax
$21,055
Estimated closing costs
$42,110

Plus your down payment of $245,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,580/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

$647,684Total interest paid
$1,630,884Total of all payments
Principal $983,200 Interest $647,684
YearPrincipalInterestBalance
1$21,941$43,295$961,259
2$22,937$42,298$938,322
3$23,978$41,257$914,344
4$25,067$40,168$889,276
5$26,205$39,030$863,071
6$27,395$37,840$835,676
7$28,639$36,596$807,037
8$29,939$35,296$777,098
9$31,299$33,937$745,799
10$32,720$32,516$713,079
11$34,205$31,030$678,874
12$35,758$29,477$643,115
13$37,382$27,853$605,733
14$39,079$26,156$566,654
15$40,854$24,382$525,800
16$42,709$22,527$483,091
17$44,648$20,588$438,444
18$46,675$18,560$391,769
19$48,794$16,441$342,975
20$51,010$14,226$291,965
21$53,326$11,910$238,639
22$55,747$9,488$182,892
23$58,278$6,957$124,614
24$60,924$4,311$63,690
25$63,690$1,545$0

At the end of your 5-year term

Total paid over the term
$326,177
Principal paid down
$120,129
Interest paid
$206,048
Balance remaining
$863,071

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 21 whole-home leases in Mimico$3,556/mo
$42,672Gross annual rent
2.5%Cap rate after taxes and upkeep
$3,290 to $4,095Typical rent range
~34 daysTo find a tenant, on average

About the suite: in Mimico basements rarely rent out (8 of 94 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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 21 whole-home leases in Mimico signed at a median of $3,114 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,556. 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.

3.5%
Gross yield
− Property tax $5,387− Insurance $1,400− Vacancy & upkeep $4,694Net operating income $31,192

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

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