$1,028,000 - 28 Sommerset Way Unit 1502, Willowdale
Condo for Sale in Willowdale
33 days on market- MLS Number
- C13128190
- Property Type
- Condo
- Status
- active
- Days on Site
- 33
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Willowdale / Newtonbrook
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- CULTURELINK REALTY INC.
New renovations and upgrades recently done. New hardwood floors on stairs and all three floors. New plumbing fixtures added along with a fresh coat of paint on all walls. The kitchen is newly renovated, and there are new appliances as well. This is a luxury townhouse built by Tridel that provides 1,492 square feet of living space. Some notable features include a skylight on the 3rd floor and a balcony that can be used for BBQ or relaxation. Perfect for families with children and retirees. The townhouse is in the high demand Finch / Yonge area in the heart of North York City Centre. It is also in the famous Earl Haig School district and is also close to McKee PS and the Claude Watson School for the Arts. There are many parks nearby, and is steps to numerous amenities such as supermarkets, restaurants, pharmacies, recreational facilities, cafes, interesting retail stores, along with proximity to the North York Central Public Libraby and North York Civic Centre. The townhouse is super convenient being located only a 5 minutes walk to Finch subway station, GO bus terminal, VIVA bus terminal, and only a few minutes drive to HWY 401. There is also direct elevator access to an underground parking lot with a car wash and 24 hours security.
Estimate your monthly payments for this property
Estimated Payment
$4,547.19/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.
28 Sommerset Way Unit 1502, Willowdale / Newtonbrook
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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
Competitive Pricing
At $734/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.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Willowdale. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 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.
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 $4,283 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.