$699,000 - 298 Torresdale Avenue Unit 4, Willowdale
Condo for Sale in Willowdale
97 days on market- MLS Number
- C12881504
- Property Type
- Condo
- Status
- active
- Days on Site
- 97
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Thornhill / Willowdale
- Locker
- None
- Exposure
- North South
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Welcome to this bright and beautifully updated 3-bedroom townhouse offering space, comfort, and a wonderful connection to nature. The impressive front entrance features a soaring 20-foot ceiling with a skylight that fills both the main and second floors with natural light, creating an airy and welcoming first impression.The upgraded kitchen showcases new quartz countertops, a stylish backsplash, new cupboards, and a brand-new refrigerator. There is ample space for a breakfast table, making it perfect for casual meals and morning coffee.The open-concept living and dining areas are generously sized and ideal for both everyday living and entertaining. From the living room, step out to a private patio overlooking a peaceful park-like setting with mature trees. It is a quiet retreat for relaxing or hosting guests.Upstairs offers three well-proportioned bedrooms, including a spacious primary bedroom with a walk-in closet and private ensuite. The home is completely carpet-free, providing a clean and modern feel throughout.The lower level features a large recreation or family room with a cozy fireplace, perfect for relaxing or gathering with family and friends. This versatile space also offers potential for an in-law suite. An oversized laundry room, additional storage under the stairs, and central vacuum add everyday convenience.A rear basement door provides direct access to the garage, with two parking spaces right outside the door. Ideally located close to shopping, malls, restaurants, schools, public transit, and major highways.
Estimate your monthly payments for this property
Estimated Payment
$3,586.23/mo
Includes CMHC insurance ($19,502)
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.
298 Torresdale Avenue Unit 4, 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
Competitive Pricing
At $499/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 97 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.
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 $2,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.