$1,339,000 - 220 Homewood Avenue, Willowdale
Detached for Sale in Willowdale
- MLS Number
- C13143810
- Property Type
- Detached
- Status
- active
- Days on Site
- 30
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Thornhill / Willowdale
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to 220 Homewood Avenue, a rare opportunity in the heart of Newtonbrook West. Situated on a premium 50 x 132 ft lot, this meticulously maintained solid brick bungalow offers exceptional quality, long-term peace of mind, and outstanding versatility for families, investors, or builders alike. Featuring 3+2 bedrooms, 2 bathrooms, and a Finished Basement with a Separate Entrance, the home offers a bright and functional layout with hardwood floors, spacious principal rooms, and a large eat-in kitchen. The lower level provides excellent flexibility for extended family living or strong income potential. Unlike many properties where costly issues can surface after purchase, this home has been extensively upgraded and professionally maintained, including full basement waterproofing, sump pump installation, and a dry, mould-free lower level that reflects true pride of ownership. Recent major upgrades include: Roof (2023), Furnace & A/C (2021), Owned Tankless Water Heater (2022), New Fencing, Cedar Deck, and professional landscaping (2022). Step outside to a beautifully landscaped and fully fenced private backyard, ideal for entertaining, relaxing, or family gatherings. Located on a quiet tree-lined street just minutes to Finch Station, TTC, GO Transit, parks, shopping, and top-rated schools. This move-in-ready home offers exceptional value, quality construction, and future potential in one of North York's most desirable communities.
Estimate your monthly payments for this property
Estimated Payment
$5,922.85/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 Thornhill / Willowdale
Thornhill / Willowdale 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 Thornhill / Willowdale
- •Convenient location in Thornhill / Willowdale
- •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
Thornhill / Willowdale 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.
220 Homewood Avenue, Thornhill / Willowdale
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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
Premium Pricing
At $1217/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.
Market Position
At 30 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 $5,579 (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.