$3,198,800 - 23 Terrace Avenue, Willowdale
Detached for Sale in Willowdale
40 days on market- MLS Number
- C13091916
- Property Type
- Detached
- Status
- active
- Days on Site
- 40
- Bedrooms
- 5
- Bathrooms
- 7
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Thornhill / Willowdale
- Listing Brokerage
- RE/MAX REALTRON BIJAN BARATI REAL ESTATE
This Elegant and Truly Exceptional Custom Residence with All Bells and Whistles and A Rare Blend of Luxury, Comfort, and Modern Living Exceeds Every Expectation!! This Beauty Is Situated On A Southern Sun-Filled Premium Lot and In A Convenient and Coveted Location In Willowdale West! It Features: Impeccable Modern Interior Design with Superior Craftsmanship, and a Striking Timeless Pre-Cast Exterior Facade! Sleek Custom Millwork Throughout! High Ceiling: 10 Ft (in Main), 10 Ft (2nd), 12.5 Ft (Rec Rm), 14 Ft (Office), and 15 Ft (Foyer), Creating an Airy & Grand Atmosphere! Premium Quality Hardwood Flooring, Elegant LED Pot Lights, Coffered Ceiling, 4 Gas Fireplaces, Custom-Crafted Designer Wall Units, Open Rising Staircase with Ambient Night Lights, Glass Railing and Skylight Above, Seamless and Functional Flowing Layout with Entry to the Living and Dining Room Featuring Gas Fireplace, Wall Sconces and Show-Stopping Decorative Wine Rack, Chef Inspired Kitchen with Exquisite Countertop and Backsplash, Top-Of-The-Line State-Of-The-Art Appliances and Walk Out to A Spacious Family Sized Deck, and a Patio and Fully Fenced Backyard. Large Open Concept Family Room with an Eye-Catching Artful Wall Unit. An Office with a Sophisticated and Refined Design! Stylish Powder Room! Breathtaking Primary Bedroom Retreat, Luxurious Spa-Like 7-Pc Heated Floor Ensuite with Automatic Toilet, B/I Make Up Desk, and Opulent Boudoir Walk-In Closets with Skylight Above! Other 3 Bedrooms with Own Ensuite, Convenient 2nd Floor Laundry Rm! Large Mudroom with Custom Closet Organizers, Pet Wash and Effortless Direct Access to Garage, Main Floor, Basement and Side Door! Professionally Finished Walk-Out Basement Includes Above Grade Windows, Large Recreation Room, Gas Fireplace, Entertainer's Delight Exciting Wet Bar, 3-Pc Bath, Nanny Room & 3-Pc Ensuite, 2nd Laundry. Beautifully Interlocked Driveway & Patio in Backyard!The Steps in Front of Basement Walk-Out have Snow Melting with their own Switch.
Estimate your monthly payments for this property
Estimated Payment
$14,149.37/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.
23 Terrace Avenue, Thornhill / Willowdale
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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 $1066/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.
Market Position
At 40 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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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.
Bathroom Count Matters
With 7 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.