28 Empress Avenue Unit 2302, Toronto C14

Price: $899,000

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: C13060714

Yes, this is one of those rare units. A true penthouse corner suite and one of the largest layouts in the building, offering over 1,200 sqft plus 2 balconies with 3 walk outs. Bright and functional with multiple exposures, featuring a well designed layout, proper living and dining area with flexibility for families or a home office. Inclusive maintenance fees cover hydro, water, heat, parking, and locker, providing real value in today's market. Located in the heart of North York Centre, steps to transit, shopping, and dining, and within the highly sought after Earl Haig SS and McKee PS district. A rare combination of size, layout, outdoor space and location.

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$899,000 - 28 Empress Avenue Unit 2302, Willowdale

Condo for Sale in Willowdale

48 days on market
3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
C13060714
Property Type
Condo
Status
active
Days on Site
48
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Willowdale / Newtonbrook
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Yes, this is one of those rare units. A true penthouse corner suite and one of the largest layouts in the building, offering over 1,200 sqft plus 2 balconies with 3 walk outs. Bright and functional with multiple exposures, featuring a well designed layout, proper living and dining area with flexibility for families or a home office. Inclusive maintenance fees cover hydro, water, heat, parking, and locker, providing real value in today's market. Located in the heart of North York Centre, steps to transit, shopping, and dining, and within the highly sought after Earl Haig SS and McKee PS district. A rare combination of size, layout, outdoor space and location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,612.34/mo

Includes CMHC insurance ($25,082)

$
$
5%10%50%

5-yr fixed avg.

Principal: $809,100Interest: $549,519
Mortgage Amount$834,182
Total Interest$549,519
Est. Property Tax$637/mo
Total Cost$1,383,701

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.

Ready to get pre-approved?

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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 Empress Avenue Unit 2302, Willowdale / Newtonbrook

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$1,316

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

Competitive Pricing

At $749/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 48 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.

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.

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 $3,746 (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 Empress Avenue Unit 2302 | $899,000 | Battaglia Team