15 Holmes Avenue Unit 1701, Toronto C14

Price: $574,900

2 bedrooms, 2 bathrooms

500 sqft

Property Type: New Construction

MLS#: C12886370

Sold under POWER OF SALE. "Sold" as is - where is. Luxury 1+1 bedroom, 2-bathroom condominium in the heart of highly sought-after Willowdale, just steps to Finch & Yonge subway station and major transit hub. Bright and spacious suite featuring approximately 9 ft ceilings, expansive floor-to-ceiling windows, and laminate flooring throughout. Functional open-concept layout with a versatile den ideal for a home office or potential second bedroom. Kitchen area with central island overlooking the living and dining space. Walk out to a large private balcony with south-facing views. Exceptional location within walking distance to transit, shopping, dining, and everyday conveniences. Property being sold under Power of Sale. Easy showings with lockbox. Buyer and buyer's agent to verify all measurements and property details. Property is being sold under power of sale in as-is, where-is condition with no representations or warranties. Buyers are advised to conduct their own due diligence regarding the property and its features. A solid property in a sought-after location! MUST SEE! Power of Sale, seller offers no warranty. 72 hours (work days) irrevocable on all offers. Being sold as is. Must attach Schedule "B" and use Seller's sample offer when drafting an offer (copy in attachment section of MLS). No representations or warranties of any kind by seller/agent. All information to be independently verified. Taxes estimated per city website..

15 Holmes Avenue Unit 1701 - New Construction photo 1 of 31 in Willowdale / Newtonbrook, Ontario
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New Listing
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$574,900 - 15 Holmes Avenue Unit 1701, Willowdale

New Construction for Sale in Willowdale

New — Listed 2 days ago
2Beds
2Baths
500Sq Ft
New Construction
Property Details
MLS Number
C12886370
Property Type
New Construction
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
500 sqft
Neighbourhood
Willowdale / Newtonbrook
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Sold under POWER OF SALE. "Sold" as is - where is. Luxury 1+1 bedroom, 2-bathroom condominium in the heart of highly sought-after Willowdale, just steps to Finch & Yonge subway station and major transit hub. Bright and spacious suite featuring approximately 9 ft ceilings, expansive floor-to-ceiling windows, and laminate flooring throughout. Functional open-concept layout with a versatile den ideal for a home office or potential second bedroom. Kitchen area with central island overlooking the living and dining space. Walk out to a large private balcony with south-facing views. Exceptional location within walking distance to transit, shopping, dining, and everyday conveniences. Property being sold under Power of Sale. Easy showings with lockbox. Buyer and buyer's agent to verify all measurements and property details. Property is being sold under power of sale in as-is, where-is condition with no representations or warranties. Buyers are advised to conduct their own due diligence regarding the property and its features. A solid property in a sought-after location! MUST SEE! Power of Sale, seller offers no warranty. 72 hours (work days) irrevocable on all offers. Being sold as is. Must attach Schedule "B" and use Seller's sample offer when drafting an offer (copy in attachment section of MLS). No representations or warranties of any kind by seller/agent. All information to be independently verified. Taxes estimated per city website..

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,949.53/mo

Includes CMHC insurance ($16,040)

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5-yr fixed avg.

Principal: $517,410Interest: $351,411
Mortgage Amount$533,450
Total Interest$351,411
Est. Property Tax$407/mo
Total Cost$884,860

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: Willowdale / Newtonbrook

Discover Willowdale / Newtonbrook

Willowdale / Newtonbrook 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 Willowdale / Newtonbrook

  • Convenient location in Willowdale / Newtonbrook
  • 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

Willowdale / Newtonbrook 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 Holmes Avenue Unit 1701, Willowdale / Newtonbrook

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$407
Insurance (est.)-$120
Net Cash Flow+$1,873

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Premium Pricing

At $1150/sqft, this property is priced above the Willowdale average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In Willowdale's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Efficient Living

At 500 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.

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 $2,395 (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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