296 Torresdale Avenue Unit 2, Toronto C07

Price: $799,000

3 bedrooms, 3 bathrooms

2,250 sqft

Property Type: Condo

MLS#: C13213514

Fully renovated with impeccable attention to detail, this sophisticated residence showcases a seamless blend of refined design, functionality, and comfort. $$$ invested in high-quality upgrades and premium finishes throughout. Thoughtfully reimagined floor plan offering effortless flow and elevated everyday living. Situated in an unbeatable, highly desirable location. Elegant open-concept living and dining area with walkout to a private patio - a perfect extension of the home for stylish entertaining or serene outdoor relaxation. Generously proportioned bedrooms featuring custom closet organizers. Designer kitchen complete with abundant cabinetry, quality finishes, and a bright breakfast area ideal for casual dining. Direct access from the professionally finished basement to underground parking with two dedicated spaces adds exceptional convenience and exclusivity. A turnkey opportunity offering comfort, style, and refined urban living. Located within a meticulously maintained complex, just moments to upscale shopping, top-rated schools, parks, and TTC.

296 Torresdale Avenue Unit 2 - Condo photo 1 of 36 in Thornhill / Willowdale, Ontario
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New Listing
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$799,000 - 296 Torresdale Avenue Unit 2, Willowdale

Condo for Sale in Willowdale

New — Listed 4 days ago
3Beds
3Baths
2,250Sq Ft
Condo
Property Details
MLS Number
C13213514
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
3
Square Feet
2,250 sqft
Neighbourhood
Thornhill / Willowdale
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

Fully renovated with impeccable attention to detail, this sophisticated residence showcases a seamless blend of refined design, functionality, and comfort. $$$ invested in high-quality upgrades and premium finishes throughout. Thoughtfully reimagined floor plan offering effortless flow and elevated everyday living. Situated in an unbeatable, highly desirable location. Elegant open-concept living and dining area with walkout to a private patio - a perfect extension of the home for stylish entertaining or serene outdoor relaxation. Generously proportioned bedrooms featuring custom closet organizers. Designer kitchen complete with abundant cabinetry, quality finishes, and a bright breakfast area ideal for casual dining. Direct access from the professionally finished basement to underground parking with two dedicated spaces adds exceptional convenience and exclusivity. A turnkey opportunity offering comfort, style, and refined urban living. Located within a meticulously maintained complex, just moments to upscale shopping, top-rated schools, parks, and TTC.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

$
$
5%10%50%

5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

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: Thornhill / Willowdale

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

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

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.

70
Walk Score
Varies
Price Range

296 Torresdale Avenue Unit 2, Thornhill / Willowdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,760/mo
Range: $3,196 - $4,324
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,760
Maintenance Fees-$1,463
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$1,565

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 $355/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Willowdale's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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 $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    296 Torresdale Avenue Unit 2, T… — $799,000 | Battaglia Team