$799,000 - 118 Finch Avenue Unit 8, Willowdale
Condo for Sale in Willowdale
39 days on market- MLS Number
- C13103912
- Property Type
- Condo
- Status
- active
- Days on Site
- 39
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Thornhill / Willowdale
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK RICHARDS GROUP REALTY LTD.
Bright, south-facing condo townhouse in Newtonbrook West offering a refined blend of modern updates and everyday functionality. Thoughtfully renovated with new flooring throughout and updated bathrooms, the home delivers a clean, contemporary feel from top to bottom.The standout kitchen features quartz countertops, brand new over the counter microwave, ample prep space, and a layout designed for both daily living and entertaining. It connects seamlessly to the main living area, creating an inviting flow for gatherings or quiet nights in. A unique highlight is the spacious second-floor landing/den-an incredibly versatile space ideal for a home office, reading area, or additional lounge.This 2-bedroom, 3-bathroom layout offers comfortable proportions and natural light throughout, enhanced by its desirable south-facing exposure. Full-size washer and dryer add convenience & the parking space is accessible from the unit without having to go outside. Located just steps to TTC transit and with quick access to Highway 401, this address is perfectly positioned for commuters and those seeking connectivity without compromise. Close to community amenities, shops, and everyday essentials.A turnkey opportunity in a well-managed community-ideal for first-time buyers, downsizers, or investors alike.
Estimate your monthly payments for this property
Estimated Payment
$4,099.28/mo
Includes CMHC insurance ($22,292)
5-yr fixed avg.
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.
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
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.
118 Finch Avenue Unit 8, Thornhill / Willowdale
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $799/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 39 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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.