$1,098,000 - 183 Maxome Avenue, Willowdale
Detached for Sale in Willowdale
87 days on market- MLS Number
- C12912354
- Property Type
- Detached
- Status
- active
- Days on Site
- 87
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Willowdale / Newtonbrook
- Listing Brokerage
- SOLTANIAN REAL ESTATE INC.
Client RemarksNestled on one of the most sought-after and quiet streets in the Willowdale area, this property offers an exceptional 65ft x 161.25ft lot wide, deep, and beautifully positioned among luxury homes and backing onto park.The existing home is livable, functional, and full of potential perfect to move in, lease out, or hold as an investment while you finalize your building plans .All permits are in place for a 4,500 sq ft custom residence, saving you months of time and planning. Whether you choose to build your dream home, enjoy it as is, or generate rental income, this property delivers unmatched versatility and value in a highly coveted pocket surrounded by mature trees and upscale estates. Prime street within the exclusive Willowdale enclave. Close to top schools, parks, and vibrant shopping districts. Easy access to major routes while maintaining a peaceful residential charm. Opportunities like this are rare. Build, live, or invest in one of the finest addresses in the area! Bright And Spacious 3-Bedroom Bungalow Sits On A Premium 65 Ft Lot Backing Onto Tranquil Caswell Park. Maintained With Endless Possibilities Live In, Update To Your Taste, Generate Income, Or Build Your Custom Dream Home (building permit was previously approved and issued in 2019 (expired in 2021). Buyer may reapply to construct a custom home of approx. 4,500 sq ft .The Main Level Showcases An Open-Concept Living And Dining Area With Expansive Windows Offering Abundant Natural Light, Plus A Family-Sized Kitchen With Cozy Breakfast Nook. The Primary Bedroom Includes A Charming Sunroom With A Walkout To A Private, Tree-Lined Backyard Ideal For Outdoor Enjoyment And Gatherings. The Separate Side Entrance Leads To A Finished Basement Featuring Two Bedrooms & Bathroom. Located In A Desirable, Family-Friendly Community Steps To Parks, Renowned Schools, Transit, Shopping, And Every Amenity. An Excellent Opportunity For Investors, Builders, And End Users Alike!
Estimate your monthly payments for this property
Estimated Payment
$4,856.82/mo
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.
183 Maxome Avenue, Willowdale / Newtonbrook
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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
Fair Market Value
At $998/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 87 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.
Detached Home Advantages
Detached homes in Willowdale are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Willowdale.
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 $4,575 (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.