124 Willowdale Avenue, Toronto, ON M2N 4Y2
Exceptional investment opportunity in the heart of Willowdale at the prominent Sheppard & Willowdale corridor. This property is one of five properties forming part of the visionary Willowdale Project, offering a unique opportunity to participate in the future growth and evolution of one of North York's most desirable urban locations. The project's strategic positioning and scale create exciting possibilities for a variety of future concepts, including residential condominium development, purpose-built rental housing, senior living and use developments, institutional uses, and other innovative urban initiatives, subject to all retirement communities, hospitality and hotel uses, wellness and healthcare facilities, mixed- necessary approvals. Surrounded by transit, established neighbourhoods, major retail destinations, restaurants, and employment hubs, this offering combines immediate value with significant long-term potential. An outstanding opportunity for investors, developers, institutions, and visionary stakeholders seeking exposure to a landmark project in a rapidly growing and highly sought-after community.
- MLS number
- C13594830
- Type
- Commercial Retail
- Status
- Active
- Bedrooms
- —
- Bathrooms
- —
- Postal code
- M2N 4Y2
- Photos
- 6
- Property tax
- $29,000 / year
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Commercial Retail
- Class
- Commercial
- Community
- Willowdale East
- Municipality
- Toronto C14
- Cross street
- Sheppard Ave E & Willowdale
- Zoning
- CR1 (c1;r1)
Land
- Lot
- 24.91 × 120.8 feet
Heating, cooling and services
- Heating
- Gas Forced Air Open
- Cooling
- Yes
- Water
- Municipal
Listing
- MLS number
- C13594830
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-07-22
- Expires
- 2026-11-30
- Taxes
- $29,000 (2025)
- Board
- Toronto Regional Real Estate Board
Listing history
No previous listings found for this address.
Where this property is
Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.
Matched to a published address point for this address.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
School boundaries this address is inside
Where these boundaries come from, and what they are worth
A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.
Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.
Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.
Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| Cornell International Academy | Secondary | 89 m | Not reported |
| Newton International College | Elementary and secondary | 124 m | Not reported |
| Newton Secondary Academy | Secondary | 215 m | Not reported |
| Central Montessori Schools - Maplehurst | Elementary | 199 m | Not reported |
| Emerald Valley Academy | Secondary | 281 m | Not reported |
| Pascal High Academy | Elementary and secondary | 475 m | Not reported |
H-Value
What an H-Value is and how it is calculated — the method and our measured error, no account needed.
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 456 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35204327 — the few blocks around this address, home to 456 people. It describes the area, not this property.
Percentages are of the 225 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.
What’s being built nearby
Planning applications within 500 m — 3 still in progress.
Site Plan Control Amendment related to 16 163131 NNY 23 SA.Amendment is to insert an additional drawing into the Agreement to allow the City to undertake its obligation to insure a portion of the lands
City planning file →Site Plan application to construct an 11 storey mixed use building with at grade retail and an underground parking garage.…
City planning file →Proposal for a 10-storey building with 230 units and 1,750 square metres of ground floor retail including a beer store. The proposal also includes a 4 level underground garage including 218 parking spaces.
City planning file →Draft Plan of Condominum for a 9-storey, 185-unit residential development with commercial use at grade.
City planning file →Official Plan Amendment, Zoning By-law Amendment and site plan application to permit an 11-storey mixed use building with at grade retail and an underground parking garage.…
City planning file →Proposal for a 2-storey, 11.4 m medical office with a ground floor pharmacy (retail) use and at-grade parking.
City planning file →Proposal for a 10-storey building with 230 units and 1,750 square metres of ground floor retail including a beer store. The proposal also includes a 4 level underground garage including 218 parking spaces.
City planning file →Construct two 4-storey (rental) apartment buildings with a total of 74 dwelling units.
City planning file →What these are
These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.
Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.
Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.