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216 PARKVIEW AVENUE
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Beds
5
Baths
5 full + 1 half
Sqft
—
Year
—
Type
Single Family
On market
153d
A True Architectural Masterpiece! An extraordinary residence that epitomizes refined luxury and exceptional craftsmanship. This European-inspired estate showcases a breathtaking architectural presence. Crafted with meticulous attention to detail, this home boasts premium finishes, unparalleled workmanship, and a thoughtfully designed layout ideal for elegant living and entertaining.Two Grand Primary Suites one overlooking the tranquil backyard.complete with a private balcony, gas fireplace, luxurious 6-piece spa-inspired ensuites with freestanding soaking tubs, a steam shower, makeup vanity, another facing south, flooded with natural light. Stunning Spiral Staircase, A central design element that radiates elegance, framed by refined trim work and architectural finishes that create a dramatic visual impact.Chefs Dream Kitchen granite countertops, central island, flooring, draped lighting, and an array of high-end appliances that inspire any culinary enthusiast.Family Room Overlooks backyard with oversized picture windows, waffle ceilings, and a cozy gas fireplace.Executive Library Designed with custom millwork, floor-to-ceiling panelled walls, and waffle ceilings, perfect in a timeless space.Walk-Out Basement Fully finished with a wet bar, home theatre, recreation area, and nanny/in-law suite,Cedar Roof With an impressive 30-50 year lifespan, feature offers 2-3 times the durability of standard roofing materials.4 gas fireplaces throughout the home.Skylights providing abundant natural light.Custom wood detailing and premium finishes throughoutThis exceptional property is a rare offering that blends luxury and lifestyle seamlessly.This is not just a home.It's a legacy of refined living in one of most prestigious neighbourhoods.The original 5B is converted to 4B (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 1 × 1 meters | |
| Recreational, Games room | 1 × 1 meters | |
| Exercise room | 1 × 1 meters | |
| Furnace | 1 × 1 meters |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 6.5 × 4.8 meters | |
| Bedroom 2 | 1 × 1 meters | |
| Bedroom 3 | 1 × 1 meters | |
| Bedroom 4 | 1 × 1 meters | |
| Laundry room | 1 × 1 meters |
Ground level
| Room | Dimensions | Features |
|---|---|---|
| Eating area | 1 × 1 meters | |
| Kitchen | 1 × 1 meters | |
| Living room | 1 × 1 meters | |
| Family room | 1 × 1 meters | |
| Dining room | 1 × 1 meters | |
| Library | 1 × 1 meters |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.50%
Cap rate
4.76%
GRM
13.9
Break-even rent
$19,432
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Willowdale East). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.