397 Hillcrest Ave
Willowdale East, Toronto, Ontario M2N 3R2
- Bedrooms
- 4+2
- Bathrooms
- 5
- Size
- 3,000–3,500sq ft
- Per sq ft
- $889at the range’s middle
- Lot
- 52.67 x 134.16 ft
- Tax a year
- $16,1982025 tax year
- Parking
- 62 built-in
- Days on market
- Members
The brief
About 397 Hillcrest Ave
397 Hillcrest Ave is a 4+2-bedroom, 5-bathroom detached house in Willowdale East, Toronto, listed for sale at an asking price of $2,888,000 (MLS® C14106098).
Magnificent 2-Storey Custom Built Home on a Premium Southern Lot (5,780 Sq. Ft)! Offering Obout 5,200 sq. ft of Luxurious Living Space ( Sq. ft. above Grade + Professionally Finished Walk-Out Basement) in High Demanded Part of Willowdale East Area! Convenient Location, Steps Away From Hollywood Public School, Bayview Middle School, Ttc, Park, Tennis Courts, Walking Trail, Ravine, Bayview Village Mall and All other Amenities! Earl Haig High School! This Spacious Residence Features 4+2 Bedrooms and 5 Washrooms. The Elegant Natural Stone Facade! Soaring Ceilings Height on Main Floor(10'), 2nd Flr(9'), Hardwood Floors, Crown Moulding, Halogen Lighting. Sophistication Flows through the Main Hallway and Staircase, Wainscotting in 1st & 2nd For Hallways! Enjoy the Open-Concept Layout in Living and Dining Areas! Direct Garage Access to the Main Floor. Breathtaking Family Room with a Gas Fireplace Seamlessly Connects to a Gourmet Kitchen Featuring Granite Countertops and Backsplash, Stainless Steel Appliances, Well-Kept Cabinetry, and a Generous Breakfast Area with a Walkout to a Family-Sized Interlocked Patio and A Paradise Backyard with Wrap Around Beautiful Mature Trees Ideal for Entertaining or Unwinding. An Oak Staircase with Iron Railings and Skylight Above That Leads to the Upper Level, Where the Fabulous Primary Suite Includes a Walk-In Closet and a Luxurious 7-Pc Ensuite. Three Additional Bedrooms and Two Full Bathrooms. A Spacious Second-Floor Laundry Room Adds Everyday Convenience.The Finished Walk-Out Basement Offers Incredible Versatility with a Large Entertainment/Recreation Area, A Gas Fireplace, Two Bedrooms, A 4-Pc Bath, and Rough-In Laundry. Lavishly Used Interlock Flooring for Driveway, on the Both Side Pathway and Patio in the backyard. No Sidewalk in Front! A Must-See Home That Truly Has It All!
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall6/100−$7,826/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 51 detached homes with 6 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $16,198 / 2025
- MLS® number
- C14106098
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 3000-3500 sqft
- Lot Size
- 52.67 x 134.16 ft
- Listed on
- Parking
- 2 Built-In, 6 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Willowdale East
- Municipality
- Toronto
Building
- Size
- 3000-3500 sqft
- Construction
- Stucco/Plaster
Inside
- Bedrooms
- 4+2
- Bathrooms
- 5
- Bathroom Details
- 1 × 7pc 2nd, 1 × 5pc 2nd, 1 × 4pc 2nd, 1 × 4pc Bsmt, 1 × 2pc Main
- Basement Type
- Finished with Walk-Out
- Kitchens
- 1
Parking
- Garage Type
- Built-In
- Garage
- 2
- Additional Parking
- 4
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 52.67 ft
- Depth
- 134.16 ft
- Lot Size
- 52.67 x 134.16 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Shingles
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Stainless Steel Fridge/Freezer, S/S Wall Oven & Microwave, S/S Gas Cooktop, S/S Dishwasher, S/S Rangehood! F/L Washer & Dryer. Existing Elfs, Chandeliers, and Window Coverings. Cvac. Cac. Gas Furnace & Equipment. Egdo and Remote.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.24 × 5.0 m | hardwood floor, Gas Fireplace, Bay Window | Main |
| Dining | 4.24 × 4.26 m | hardwood floor, Built-In Speakers, Wainscoting | Main |
| Family | 4.55 × 4.82 m | hardwood floor, Built-In Speakers, Gas Fireplace | Main |
| Breakfast | 3.2 × 4.0 m | hardwood floor, W/O To Patio, Dropped Ceiling | Main |
| Kitchen | 3.36 × 4.98 m | Limestone Flooring, Above Grade Window, Stainless Steel Appl | Main |
| Library | 2.65 × 3.01 m | hardwood floor, Built-In Speakers, Crown Moulding | Main |
| Primary | 4.6 × 7.46 m | 7 Pc Ensuite, W/I Closet, hardwood floor | 2nd |
| Br | 3.95 × 4.8 m | hardwood floor, Closet, Halogen Lighting | 2nd |
| 3rd Br | 3.75 × 4.32 m | 5 Pc Bath, W/I Closet, hardwood floor | 2nd |
| 4th Br | 3.49 × 4.0 m | 4 Pc Ensuite, Closet, hardwood floor | 2nd |
| Laundry | 2.26 × 2.67 m | Limestone Flooring, Window | 2nd |
| Rec | 4.52 × 10.21 m | Ceramic Floor, W/O To Yard, Gas Fireplace | Bsmt |
| 5th Br | 3.0 × 4.2 m | Ceramic Floor, Above Grade Window, Halogen Lighting | Bsmt |
| Br | 4.13 × 4.77 m | 4 Pc Bath, Above Grade Window, W/I Closet | Bsmt |
Listing history
Buy/sell history for 397 Hillcrest Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $2,888,000 | N/A | For Sale | C14106098 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $577,600
- Total mortgage amount
- $2,310,400
- Total interest payment
- $1,642,400
- Total purchase cost
- $4,530,400
- Mortgage payment
- $13,176/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
68%Monthly carrying cost
$14,526- Rent $6,700
- Shortfall $7,826
Rental income opens at $6,700, the median asking rent of 51 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $58,675
- Toronto municipal land transfer tax
- $58,675
- Total land transfer tax
- $117,350
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $108,875
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $2,888,000
- $22,200
- Ontario total
- $58,675
Toronto’s municipal tax uses the same brackets at this price, so it adds another $58,675.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Street frontage
- 52.67 ft16.1 m
- Depth
- 134.16 ft40.9 m
The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
RD (f12.0; a370)By-law
569-2013Municipality
Toronto1 f12.0
Frontage: at least 12.0 m.
2 a370
Lot area: at least 370 m² per dwelling unit.
3 Where this is written
Chapter 10, section 10.20 of By-law 569-2013
4 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
1 building permit cleared at this address in the City’s file.
Pool Fence EnclosureClosed
Proposed pool fence enclosure
Completed October 7, 2020
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
2901 BAYVIEW AVEOfficial plan or zoning amendmentUnder Review
The City of Toronto¿s Development Review Division has received an application to permit additional heights to a 52 and 44-storey mixed-use building from a Tribunal-approved 30 and 29-storey mixed-use building. The total gross floor area is 93,208 square metres (77,341 square metres and 4,667 square metres) for the ¿South-West Parcel¿ within the Bayview Village Shopping Mall at 630-Shepard Avenue East and 2901 Bayview Avenue. Note, a paved access along the north property line will be provided, leading to 3 levels of below-grade parking,
360 m away2901 BAYVIEW AVESite planUnder Review
Site Plan application to permit the proposal for the South development consisting of two towers with proposed heights of 29 and 30 storeys connected by a single podiumn building for a total gross floor area of 65,670 square metres, 50,350 residential gross floor area and 15,320 non-residential gross floor area; 682 residential units, of which 26 units would be affordable rental units (OPA AND ZBA Application: 17 208789 NNY 24 OZ).
360 m away2901 BAYVIEW AVESite planUnder Review
Site Plan application to permit the proposal of a new 5-storey above grade parking structure adjacent to an existing Shopping Centre, with a proposed non-residential gross floor area of 10,781 sqm (OPA AND ZBA Application: 17 208789 NNY 24 OZ).
360 m away2901 BAYVIEW AVEPlan of subdivisionUnder Review
Draft Plan of Subdivision application to permit the redevelopment of the property with three mixed use buildings (6 - 20 storeys) and a retail expansion to the existing shopping centre in the north east portion of the Property (the North-East Parcel), two mixed use buildings (29 and 30 storeys) connected by a six storey podium in the south west portion of the Property (the South- West Parcel) and a five level parking garage. A total of 1,132 residential units are proposed. (OPA AND ZBA Application: 17 208789 NNY 24 OZ)
360 m away500 SHEPPARD AVE ESite planUnder Review
OLT APPROVED Official plan and Zoning by-law amendment applications for a 37 and 41-storey mixed use building via Order decision dated November 1, 2023, subject to a set of conditions.
600 m away500 SHEPPARD AVE ECondominiumUnder Review
*** 925 units.
600 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Detached homes for sale in Willowdale East right now
- For sale now
- 68
- Median asking price
- $2.58M
- New in 7 days
- 8
- Price cuts
- 9%
Middle half: $1.51M to $2.98M
28 in 28 days
6 listings
This home is asking 12% above the median.
See all homes in Willowdale EastAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Bayview Station | TTC subway: Line 4 Sheppard | 650 m |
| Bessarion Station | TTC subway: Line 4 Sheppard | 1.2 km |
| Leslie Station | TTC subway: Line 4 Sheppard | 1.8 km |
| Oriole GO | GO Transit train: Richmond Hill | 2.2 km |
| Finch Station | TTC subway: Line 1 Yonge-UniversityYRT bus rapid transit: Viva Blue | 2.2 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Hollywood Public SchoolToronto DSB | Public · grades JK–6 · French Immersion | 250 m | 96%Grade 3 average |
| St Gabriel Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 400 m | 69%Grade 6 average |
| Elkhorn Public SchoolToronto DSB | Public · grades JK–5 | 800 m | 85%Grade 3 average |
| École élémentaire Paul-DemersConseil scolaire Viamonde | French-language public · grades JK–6 | 2.1 km | 95%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Earl Haig Secondary SchoolToronto DSB | Public · grades 9–12 | 1.3 km | 84%Grade 9 math |
| Cardinal Carter Academy for the ArtsToronto CDSB | Catholic · grades 9–12 | 1.8 km | 87%Grade 9 math |
| St Joseph Morrow Park Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 2.3 km | 63%Grade 9 math |
| École secondaire Étienne-BrûléConseil scolaire Viamonde | French-language public · grades 9–12 | 2.7 km | 77%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Willowdale East are shown to signed-in members.