$538,800 - 18 Sommerset Way Unit 1609, Willowdale
Condo for Sale in Willowdale
78 days on market- MLS Number
- C12932060
- Property Type
- Condo
- Status
- active
- Days on Site
- 78
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Willowdale / Newtonbrook
- Locker
- Owned
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- CENTURY 21 ATRIA REALTY INC.
Discover urban comfort and resort-style amenities at Sommerset at Northtown, a coveted Tridel-built residence located just south of Yonge St. and Finch Ave in North York. This bright one-bedroom suite (~620sqft) offers a functional layout and sunset West views. Rich laminate flooring and neutral tones lead you through an open living/dining area filled with natural light, while a renovated galley kitchen impresses with granite counters, mosaic glass backsplash, stainless-steel appliances and abundant cabinetry. The spacious bedroom accommodates a queen-size bed and features a custom wardrobe system, and the modern bath has a frameless glass shower and a contemporary vanity. Low, all-inclusive maintenance fees cover heat, hydro and water. Residents of Sommerset enjoy 24-hour gatehouse security and a comprehensive amenity package: an indoor pool and hot tub, sauna, fully equipped gym, billiards/games room, library lounge with fireplace, party room, two guest suites and visitor parking. The high-rise also features a parking garage, fitness/yoga facilities and pet-friendly policies. Step outside to everything you need - Finch subway station, a 24-hour Metro supermarket, restaurants and cafés are across the street, with parks and the Mitchell Field Community Centre nearby. The address falls within the sought-after McKee Public School and Earl Haig Secondary School catchments, noted for their strong academic and arts programs. With easy access to Yonge-Finch transit options, Highway 401, shopping and dining, this turnkey suite delivers convenient city living in one of North York's most desirable communities.
Estimate your monthly payments for this property
Estimated Payment
$2,764.32/mo
Includes CMHC insurance ($15,033)
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 / 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
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.
18 Sommerset Way Unit 1609, 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 $898/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 78 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.
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 $2,245 (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.