229 Park Home Avenue, Toronto C07

Price: $1,288,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: C13142440

Welcome to 229 Park Home Ave in sought after Willowdale west community! * This beautifully maintained and thoughtfully updated home is situated on a mature 50 x 132 ft lot. *Nicely landscaped front and rear garden with lots or privacy and multiple outdoor dining areas to entertain or just relax with your family! * Functional and versatile floor plan with main floor bedroom/office and separate entrance to lower level. *Great opportunity for a solid entry level property amongst upscale custom homes and neighbourhood. *Conveniently located within walking distance to the TTC, subway, parks, schools, vibrant Yonge/Sheppard shops/ restaurants, and North York City Centre-offering a balance of tranquility and urban convenience. *Plus accessible to green spaces including Earl Bales Park which provide year-round outdoor enjoyment, while commuters benefit from quick access to Highways 401 and 400, and a short drive to Toronto Pearson International Airport.

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$1,288,000 - 229 Park Home Avenue, Willowdale

Detached for Sale in Willowdale

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
C13142440
Property Type
Detached
Status
active
Days on Site
28
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Thornhill / Willowdale
Listing Brokerage
RE/MAX PRIME PROPERTIES - UNIQUE GROUP
Description

Welcome to 229 Park Home Ave in sought after Willowdale west community! * This beautifully maintained and thoughtfully updated home is situated on a mature 50 x 132 ft lot. *Nicely landscaped front and rear garden with lots or privacy and multiple outdoor dining areas to entertain or just relax with your family! * Functional and versatile floor plan with main floor bedroom/office and separate entrance to lower level. *Great opportunity for a solid entry level property amongst upscale custom homes and neighbourhood. *Conveniently located within walking distance to the TTC, subway, parks, schools, vibrant Yonge/Sheppard shops/ restaurants, and North York City Centre-offering a balance of tranquility and urban convenience. *Plus accessible to green spaces including Earl Bales Park which provide year-round outdoor enjoyment, while commuters benefit from quick access to Highways 401 and 400, and a short drive to Toronto Pearson International Airport.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,697.26/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,030,400Interest: $678,778
Mortgage Amount$1,030,400
Total Interest$678,778
Est. Property Tax$912/mo
Total Cost$1,709,178

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: Thornhill / Willowdale

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

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

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.

70
Walk Score
Varies
Price Range

229 Park Home Avenue, Thornhill / Willowdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$912
Insurance (est.)-$268
Net Cash Flow+$1,620

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

Premium Pricing

At $1171/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 28 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $5,367 (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.

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    229 Park Home Avenue, Thornhi… — $1,288,000 | Battaglia Team