1131 Steeles Avenue Unit 1504, Toronto C07

Price: $618,000

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: C13135036

Bright, spacious, and beautifully updated, this suite offers a functional layout with two generously sized bedrooms plus a den/solarium, perfect for a home office or additional living space. The open-concept living and dining area is filled with natural light from large windows and showcases stunning views. The oversized kitchen features granite countertops and backsplash, newer cabinetry, stainless steel appliances, and a functional eat-in area, ideal for everyday living and entertaining.This bright and upgraded living space is ideal for families, professionals, or downsizers alike. Unit comes with 3 parking spaces. Enjoy a well-managed building with a recently renovated lobby and updated corridors that add a touch of modern elegance.Resort-style amenities include a gym, tennis court, sauna, outdoor pool, party room, billiards/recreation room, beautifully landscaped grounds, visitor parking, and 24-hour gated security. All-inclusive maintenance fees cover heat, hydro, water, cable TV, central air conditioning, parking, and building insurance, offering exceptional value and convenience.Ideally located in a highly desirable area, just steps to grocery stores, restaurants, and everyday essentials, with TTC transit and a bus stop right at your doorstep, making commuting a breeze. Don't miss this fantastic opportunity to own in a prime location.

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$618,000 - 1131 Steeles Avenue Unit 1504, Willowdale

Condo for Sale in Willowdale

31 days on market
3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
C13135036
Property Type
Condo
Status
active
Days on Site
31
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Thornhill / Willowdale
Locker
Ensuite
Exposure
South East
Balcony
None
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

Bright, spacious, and beautifully updated, this suite offers a functional layout with two generously sized bedrooms plus a den/solarium, perfect for a home office or additional living space. The open-concept living and dining area is filled with natural light from large windows and showcases stunning views. The oversized kitchen features granite countertops and backsplash, newer cabinetry, stainless steel appliances, and a functional eat-in area, ideal for everyday living and entertaining.This bright and upgraded living space is ideal for families, professionals, or downsizers alike. Unit comes with 3 parking spaces. Enjoy a well-managed building with a recently renovated lobby and updated corridors that add a touch of modern elegance.Resort-style amenities include a gym, tennis court, sauna, outdoor pool, party room, billiards/recreation room, beautifully landscaped grounds, visitor parking, and 24-hour gated security. All-inclusive maintenance fees cover heat, hydro, water, cable TV, central air conditioning, parking, and building insurance, offering exceptional value and convenience.Ideally located in a highly desirable area, just steps to grocery stores, restaurants, and everyday essentials, with TTC transit and a bus stop right at your doorstep, making commuting a breeze. Don't miss this fantastic opportunity to own in a prime location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,170.66/mo

Includes CMHC insurance ($17,242)

$
$
5%10%50%

5-yr fixed avg.

Principal: $556,200Interest: $377,756
Mortgage Amount$573,442
Total Interest$377,756
Est. Property Tax$438/mo
Total Cost$951,198

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Thornhill / Willowdale

Discover Thornhill / Willowdale

Thornhill / Willowdale is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Thornhill / Willowdale

  • Convenient location in Thornhill / Willowdale
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Thornhill / Willowdale offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1131 Steeles Avenue Unit 1504, Thornhill / Willowdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$438
Insurance (est.)-$129
Net Cash Flow+$1,573

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $515/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 31 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Investment Perspective

Looking at this as an investment: Willowdale properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,575 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1131 Steeles Avenue Unit 1504 | $618,000 | Battaglia Team