$2,598,888 - 242 Empress Avenue, Willowdale
Detached for Sale in Willowdale
133 days on market- MLS Number
- C12670708
- Property Type
- Detached
- Status
- active
- Days on Site
- 133
- Bedrooms
- 10
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Willowdale / Newtonbrook
- Listing Brokerage
- MASTER`S TRUST REALTY INC.
Breathtaking Luxury Custom Blt Home Located In Most Desirable Willowdale Area! 5-bed 4-bath on 2nd level with beautiful Skylight and large bright windows! Laundry room on 2nd floor! Minutes To Yonge Subway, Shops, Restaurants.Best School Earl Haig. Soaring 9Ft Ceilings On Main & 2nd Flr, Warm Sun Filled Home W/Stunning 2 Storey Picture Bow Window On Main Floor, Bow Window In Main Bedroom. Spa Like 7Pc Master Ensuite. 2 Gas Fireplaces, Gourmet Kitchen with Breakfast Bar & Breakfast Area, Marble Backsplash & Granite Counter Top Center Island. Beautiful Skylight. 2 sets of washer and dryer. Additional 5 bedrooms & 2 full bathrooms in basement can be made into 2 separate basement suites each with its own entrance, perfect for in-law suites with extra income potential! Brand new flooring in Basement! Direct access to double garage, driveway parks 4 cars! A generous deck and idyllic retreat in the backyard - great for relaxing or entertaining!
Estimate your monthly payments for this property
Estimated Payment
$11,495.76/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.
242 Empress Avenue, Willowdale / Newtonbrook
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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
Competitive Pricing
At $743/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 133 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.
Larger Home Realities
At 3,500 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 10 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.