$2,880,000 - 347 Elmwood Avenue, Willowdale
Detached for Sale in Willowdale
34 days on market- MLS Number
- C13124856
- Property Type
- Detached
- Status
- active
- Days on Site
- 34
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Willowdale / Newtonbrook
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES NANCY SAEDI
Welcome To This Stunning Custom-Built Residence Offering Exceptional Craftsmanship, Elegant Design, And Thoughtfully Curated Living Spaces Throughout. This Beautiful Home Showcases A Grand Foyer With Custom Millwork, Wainscoting, And A Striking Skylight Feature That Fills The Home With Natural Light.The Main Level Features Spacious Principal Rooms With Hardwood Flooring, Refined Finishes, And An Ideal Layout For Both Everyday Living And Entertaining. The Chef's Kitchen Seamlessly Connects To The Family And Dining Areas, Creating A Warm And Inviting Atmosphere.Upstairs, Generously Sized Bedrooms Offer Comfort And Privacy, Including A Luxurious Primary Retreat With A Spa-Inspired Ensuite And Ample Closet Space.The Fully Finished Lower Level Is Designed For Lifestyle And Entertainment, Featuring A Custom Home Theatre, Dedicated Gym Area, Modern Bathroom, And Versatile Recreation Space.Step Outside To A Private Backyard Oasis Complete With A Large Deck And Expansive Green Space - Perfect For Outdoor Dining, Relaxation, And Family Enjoyment.Located In A Highly Desirable Neighbourhood Close To Top Schools, Parks, And Amenities, This Exceptional Property Offers The Perfect Blend Of Luxury, Functionality, And Location
Estimate your monthly payments for this property
Estimated Payment
$12,739.21/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.
347 Elmwood Avenue, 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
Fair Market Value
At $823/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 34 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.
Detached Home Advantages
Detached homes in Willowdale are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Willowdale.
Bathroom Count Matters
With 5 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.