28 Avondale Avenue Unit 502, Toronto C14

Price: $587,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: C13130764

$10,000 cash back: NO maintenance fee for 1 year!! 9 ft Ceiling, 10-year new boutique condo, 2Bed-2 Bath in Split-Bedroom Layout, Open concept living-dining area with a Large Balcony overlooking trees. Oversized windows. Laminate flooring throughout. Modern kitchen with Quartz Countertop, Glass Tile backsplash, Built In Fridge And Dishwasher. Washer & Dryer in roomy Laundry Closet. Master bedroom ensuite with rain shower. 1 Parking and 1 Locker. Rooftop Terraces, Gym, Party Room, Concierge & Visitor Parking, nestled on a quiet low-rise residential street in the heart of the highly sought-after Yonge & Sheppard neighborhood. This modern and stylish condo offers a bright, open-concept layout, contemporary laminate flooring throughout, and expansive floor-to-ceiling windows that flood the space with natural light. The sleek designer kitchen is a true highlight, featuring quartz/stone countertops, glass tile backsplash, and luxurious built-in stainless steel appliances, including a paneled fridge,cooktop, oven, & hood fan-perfect for both everyday living and entertaining. Enjoy a walk-out to a private balcony, ideal for relaxing. Perfectly positioned just steps from Yonge & Sheppard Subway Station & TTC, with effortless access to Highway 401, Highway 400, & the Don Valley Parkway-commuting is seamless in every direction. Daily essentials are right outside your door,including grocery stores, restaurants, cafes, banks, entertainment, parks, libraries, & nearby landmarks such as Hallmark Centre. This 12-storey boutique building offers premium amenities including an elegant lobby lounge, concierge service, car drop-off area, fitness center, party room, two roof top terraces, bike lockers, and visitor parking. Parking & locker included. Arare opportunity to enjoy comfort, style, & an unbeatable location-this condo delivers refined urban living at its best.

28 Avondale Avenue Unit 502 - Condo photo 1 of 25 in Willowdale / Newtonbrook, Ontario
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$587,000 - 28 Avondale Avenue Unit 502, Willowdale

Condo for Sale in Willowdale

33 days on market
2Beds
2Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
C13130764
Property Type
Condo
Status
active
Days on Site
33
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Willowdale / Newtonbrook
Locker
Owned
Exposure
North East
Balcony
Open
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

$10,000 cash back: NO maintenance fee for 1 year!! 9 ft Ceiling, 10-year new boutique condo, 2Bed-2 Bath in Split-Bedroom Layout, Open concept living-dining area with a Large Balcony overlooking trees. Oversized windows. Laminate flooring throughout. Modern kitchen with Quartz Countertop, Glass Tile backsplash, Built In Fridge And Dishwasher. Washer & Dryer in roomy Laundry Closet. Master bedroom ensuite with rain shower. 1 Parking and 1 Locker. Rooftop Terraces, Gym, Party Room, Concierge & Visitor Parking, nestled on a quiet low-rise residential street in the heart of the highly sought-after Yonge & Sheppard neighborhood. This modern and stylish condo offers a bright, open-concept layout, contemporary laminate flooring throughout, and expansive floor-to-ceiling windows that flood the space with natural light. The sleek designer kitchen is a true highlight, featuring quartz/stone countertops, glass tile backsplash, and luxurious built-in stainless steel appliances, including a paneled fridge,cooktop, oven, & hood fan-perfect for both everyday living and entertaining. Enjoy a walk-out to a private balcony, ideal for relaxing. Perfectly positioned just steps from Yonge & Sheppard Subway Station & TTC, with effortless access to Highway 401, Highway 400, & the Don Valley Parkway-commuting is seamless in every direction. Daily essentials are right outside your door,including grocery stores, restaurants, cafes, banks, entertainment, parks, libraries, & nearby landmarks such as Hallmark Centre. This 12-storey boutique building offers premium amenities including an elegant lobby lounge, concierge service, car drop-off area, fitness center, party room, two roof top terraces, bike lockers, and visitor parking. Parking & locker included. Arare opportunity to enjoy comfort, style, & an unbeatable location-this condo delivers refined urban living at its best.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,011.61/mo

Includes CMHC insurance ($16,377)

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5-yr fixed avg.

Principal: $528,300Interest: $358,807
Mortgage Amount$544,677
Total Interest$358,807
Est. Property Tax$416/mo
Total Cost$903,484

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: Willowdale / Newtonbrook

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

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

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.

70
Walk Score
Varies
Price Range

28 Avondale Avenue Unit 502, Willowdale / Newtonbrook

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$416
Insurance (est.)-$122
Net Cash Flow+$1,207

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

Fair Market Value

At $839/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 33 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 $2,446 (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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    28 Avondale Avenue Unit 502 | $587,000 | Battaglia Team