$559,000 - 5 Northtown Way Unit 1403, Willowdale
Condo for Sale in Willowdale
70 days on marketNeighbourhood: Willowdale East
- MLS Number
- C12963280
- Property Type
- Condo
- Status
- active
- Days on Site
- 70
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Willowdale / Newtonbrook
- Locker
- None
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- RE/MAX PROFESSIONALS INC.
Welcome to Unit 1403 at 5 Northtown Way. A renovated, turnkey suite in one of North York's most sought-after high-rise addresses. This modern unit has been thoughtfully updated, featuring new laminate floors, quartz kitchen countertops with breakfast bar, new cabinetry and appliances, upgraded window coverings, and fresh paint throughout. The enclosed den with French doors offers versatile space, ideal as a home office or second bedroom. Enjoy unobstructed western views of Yonge Street from your private balcony, plus this suite comes complete with a dedicated parking space located beside the elevators - a coveted bonus that adds both convenience and lasting value. With monthly maintenance fee of just $551.05 and annual property taxes of only $2,443.25, your carrying costs are remarkably predictable. The building's resort-style amenities are unmatched. Indoor pool, jacuzzi, gym, sauna, bowling alleys, virtual golf, tennis courts, rooftop garden, and direct indoor access to Metro, a pharmacy, dry cleaner, and Wine Rack. A 24-hour concierge completes the package. Steps from North York Centre and Finch TTC subway stations, with a Walk Score of 98/100, this location truly has it all. Top-rated schools, Empress Walk, Meridian Arts Centre, and Mel Lastman Square are all within easy reach. Book your showing today.
Estimate your monthly payments for this property
Estimated Payment
$2,867.96/mo
Includes CMHC insurance ($15,596)
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 Willowdale East
Willowdale East 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 East
- •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
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 East 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.
5 Northtown Way Unit 1403, Willowdale / Newtonbrook
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Rental income estimator & ROI calculator
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
Fair Market Value
At $932/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.
Negotiation Opportunity
At 70 days on site, this property has exceeded the typical selling timeline for Willowdale. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 600 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.
About Willowdale East
I know Willowdale East well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $2,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.