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 176 Elmwood Ave, an exceptional custom residence in prestigious Willowdale East! Situated on a rare 62.06 x 132.24 ft lot with a Rare 3-Car Garage, this impressive home offers approximately 7,000 sq. ft. of living space featuring 5+2 bedrooms and 6 bathrooms. Grand 18-ft Foyer, soaring ceilings, elegant principal rooms, private library and gourmet kitchen with centre island, cathedral-ceiling breakfast area and walk-out to deck. Hardwood Floor,Potlights,Elegant Waiscotting and detailed millork throughout.Spacious bedrooms with multiple ensuites and luxurious primary bedroom with 6-piece ensuite. Finished Walkout Basement with huge recreation room, wet bar, kitchen, fireplace, sauna and 2 additional bedrooms - ideal for a large family or excellent income potential. Skylight,Extra Wide Interlocking Driveway,Flagstone Porch/Steps & More!!Top-rated Earl Haig Secondary School and Hollywood Public School.Newer Roof,furnace and AC. Hot Water tank and water softner are owned.Prime location close to Yonge/Sheppard, subway, shopping, restaurants, parks. A rare opportunity to own a truly exceptional Willowdale residence! M-U-S-T C!!!
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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$12,823/mo
Mortgage (principal + interest)$11,148
Property taxFrom listing: $20,104/yr$1,675
Minimum 20% ($596,000 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$596,000
Ontario land transfer taxProvincial brackets, no first-time refund$60,975
Toronto land transfer taxMunicipal brackets, no first-time refund$60,975
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$720,750
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.
