$2,998,000 - 261 Patricia Avenue, Willowdale
Detached for Sale in Willowdale
64 days on market- MLS Number
- C12988326
- Property Type
- Detached
- Status
- active
- Days on Site
- 64
- Bedrooms
- 5
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Thornhill / Willowdale
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Luxurious Custom-Built Home with Elevator & Heated Driveway Premium Features Stunning custom-built residence offering nearly 6,300 sq. ft. of total living space (approx. 4,300 sq. ft. above grade plus a professionally finished walk-out basement). Designed with exceptional craftsmanship, high ceilings on all levels, and elegant architectural details including millwork, built-ins, and coffered ceilings.This home features a private 4-stop elevator, heated driveway and steps, and two kitchens on the main floor-a designer showcase kitchen alongside a fully equipped functional cooking kitchen-perfect for entertaining and everyday living. The open-concept kitchen and family room create an inviting space for gatherings.All bedrooms are generously sized and include private ensuites. The luxurious primary suite offers a 6-piece ensuite with heated floors, a fireplace, and a spacious walk-in closet with a large south-facing window.The bright walk-out lower level boasts heated floors, a home theatre with projector and screen, a wet bar, and high ceilings-ideal for recreation and entertaining. Convenient direct access from the garage to a mudroom enhances functionality.Additional highlights include:Premium appliances (Wolf 6-burner gas range with griddle, panelled fridge, built-in oven/microwave/dishwasher)Secondary kitchen with additional stove and microwavePot fillerGas fireplacesBuilt-in speakersCentral vacuumTwo washers & two dryersDual home automation systemsIdeally located close to shopping, parks, and top-rated schools.
Estimate your monthly payments for this property
Estimated Payment
$13,261.17/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.
261 Patricia 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
Fair Market Value
At $857/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.
Negotiation Opportunity
At 64 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 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.