15 Ellerslie Avenue Unit 1008, Toronto C07

Price: $788,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: C13015272

Welcome To This Stunning 2-Bedroom Corner Suite In The Heart Of North York! Featuring Breathtaking Northwest Views, Two Private Balconies, 9-Ft Smooth Ceilings, And Floor-To-Ceiling Windows, This Bright And Modern Home Offers An Exceptional Open-Concept Layout Filled With Natural Light. Enjoy 2 Full Bathrooms, A Stylish Kitchen, And Premium Finishes Throughout. Includes 1 Parking Space And 1 Locker. Unbeatable Location Just Steps To The Subway, Library, Cinema, Loblaws, Schools, Shops, And Restaurants, With Easy Access To Hwy 401.

15 Ellerslie Avenue Unit 1008 - Condo photo 1 of 15 in Thornhill / Willowdale, Ontario
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delisted
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$788,000 - 15 Ellerslie Avenue Unit 1008, Willowdale

Condo for Sale in Willowdale

Popular Listing
3Beds
2Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
C13015272
Property Type
Condo
Status
delisted
Days on Site
14
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Thornhill / Willowdale
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
HOME STANDARDS BRICKSTONE REALTY
Description

Welcome To This Stunning 2-Bedroom Corner Suite In The Heart Of North York! Featuring Breathtaking Northwest Views, Two Private Balconies, 9-Ft Smooth Ceilings, And Floor-To-Ceiling Windows, This Bright And Modern Home Offers An Exceptional Open-Concept Layout Filled With Natural Light. Enjoy 2 Full Bathrooms, A Stylish Kitchen, And Premium Finishes Throughout. Includes 1 Parking Space And 1 Locker. Unbeatable Location Just Steps To The Subway, Library, Cinema, Loblaws, Schools, Shops, And Restaurants, With Easy Access To Hwy 401.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,042.85/mo

Includes CMHC insurance ($21,985)

$
$
5%10%50%

5-yr fixed avg.

Principal: $709,200Interest: $481,669
Mortgage Amount$731,185
Total Interest$481,669
Est. Property Tax$558/mo
Total Cost$1,212,855

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

15 Ellerslie Avenue Unit 1008, Thornhill / Willowdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$455
Property Tax (est.)-$558
Insurance (est.)-$164
Net Cash Flow+$1,423

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

Fair Market Value

At $1126/sqft, this property is priced in line with current Willowdale market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 $3,283 (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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