The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to 171 Elmwood Avenue, a luxurious custom-built residence only 1 year new, ideally located in highly sought-after Willowdale East. Offering over 3,500 sq. ft. of beautifully finished living space, including the lower level, on a desirable south-facing lot just steps to Yonge St, subway, North York Centre, parks, shopping and top-ranked Earl Haig SS & Hollywood PS. Featuring a bright open-concept layout, soaring ceilings, hardwood floors and exceptional craftsmanship throughout. The chef-inspired kitchen boasts custom cabinetry, premium built-in appliances and a large centre island, opening to an impressive family room with fireplace and walkout to the deck. A skylit glass-railing staircase leads to a luxurious primary suite with 5-pc spa-like ensuite & custom W/I closet, spacious bedrooms and convenient 2nd-floor laundry. The finished lower level features heated floors, recreation room, wet bar, nanny/guest bedroom, 3-pc bath, 2nd laundry & ample storage. A sophisticated modern home combining luxury, functionality and an exceptional Willowdale location.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$11,284/mo
Mortgage (principal + interest)$10,056
Property taxFrom listing: $14,742/yr$1,229
Minimum 20% ($537,600 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$537,600
Ontario land transfer taxProvincial brackets, no first-time refund$53,675
Toronto land transfer taxMunicipal brackets, no first-time refund$53,675
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$647,750
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
