22 Olive Avenue Unit 902, Toronto C14

Price: $369,000

2 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: C13024308

Bright and inviting 2-bedroom condo unit in Princess Place Condo. $60,000 new renovation. Corner unit. Located at Yonge/Finch, an excellent location. Cozy living space. 800 sqft + 66 sqft Balcony. Functional split layout with eat-in kitchen. Both Bedrooms with closets and floor-to-ceiling windows offer plenty of natural light. One 4-piece bathroom. Walk out to open balcony from living room with a clear view. Great location, near the busy entertainment district, steps to Yong/Finch subway station, park, banks, various restaurants, retail shops and more. Condo amenities include: gym, visitor parking, security system, party room, meeting room, etc.

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$369,000 - 22 Olive Avenue Unit 902, Willowdale

Condo for Sale in Willowdale

56 days on market
2Beds
1Baths
800Sq Ft
Condo
Property Details
MLS Number
C13024308
Property Type
Condo
Status
active
Days on Site
56
Bedrooms
2
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Willowdale / Newtonbrook
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
LE SOLD REALTY BROKERAGE INC.
Description

Bright and inviting 2-bedroom condo unit in Princess Place Condo. $60,000 new renovation. Corner unit. Located at Yonge/Finch, an excellent location. Cozy living space. 800 sqft + 66 sqft Balcony. Functional split layout with eat-in kitchen. Both Bedrooms with closets and floor-to-ceiling windows offer plenty of natural light. One 4-piece bathroom. Walk out to open balcony from living room with a clear view. Great location, near the busy entertainment district, steps to Yong/Finch subway station, park, banks, various restaurants, retail shops and more. Condo amenities include: gym, visitor parking, security system, party room, meeting room, etc.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,893.16/mo

Includes CMHC insurance ($10,295)

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5%10%50%

5-yr fixed avg.

Principal: $332,100Interest: $225,553
Mortgage Amount$342,395
Total Interest$225,553
Est. Property Tax$261/mo
Total Cost$567,948

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

22 Olive Avenue Unit 902, Willowdale / Newtonbrook

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$261
Insurance (est.)-$77
Net Cash Flow+$1,342

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

Competitive Pricing

At $461/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 56 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 800 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.

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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    MLS# C13024308 — 22 Olive Avenue Unit 902, Willo… | Battaglia Team