38 Connaught Avenue, Toronto C07

Price: $2,499,800

5 bedrooms, 7 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: C12858028

Walk to Yonge st, TTC, Shops, Tim Hortons, Custom Built Luxurious Home In Highly Sought After Location! Double Entrance Door With Iron And Murano Glass, Family Size Kitchen W/Granite Counter And B/I Appliances, Crown Molding, Pot lights, Huge Hallway 2nd Floor W/Skylight, Open Riser Stairs, Marble Flooring In Foyer,4 Bedrooms Have their Own Bathrooms And W/In Closets Perfect For Big Family, Master bedroom W /6Pc Ensuite-Double Vanity, Jacuzzi Tub, Bidet And Two Closets, Huge Backyard And Deck. Separate Entrance To The Bsmt.

38 Connaught Avenue - Detached photo 1 of 1 in Thornhill / Willowdale, Ontario
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$2,499,800 - 38 Connaught Avenue, Willowdale

Detached for Sale in Willowdale

100 days on market
5Beds
7Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
C12858028
Property Type
Detached
Status
active
Days on Site
100
Bedrooms
5
Bathrooms
7
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Thornhill / Willowdale
Listing Brokerage
REAL WORLD REALTY INC.
Description

Walk to Yonge st, TTC, Shops, Tim Hortons, Custom Built Luxurious Home In Highly Sought After Location! Double Entrance Door With Iron And Murano Glass, Family Size Kitchen W/Granite Counter And B/I Appliances, Crown Molding, Pot lights, Huge Hallway 2nd Floor W/Skylight, Open Riser Stairs, Marble Flooring In Foyer,4 Bedrooms Have their Own Bathrooms And W/In Closets Perfect For Big Family, Master bedroom W /6Pc Ensuite-Double Vanity, Jacuzzi Tub, Bidet And Two Closets, Huge Backyard And Deck. Separate Entrance To The Bsmt.

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Estimated Payment

$11,057.46/mo

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5-yr fixed avg.

Principal: $1,999,840Interest: $1,317,398
Mortgage Amount$1,999,840
Total Interest$1,317,398
Est. Property Tax$1,771/mo
Total Cost$3,317,238

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

38 Connaught Avenue, Thornhill / Willowdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$1,771
Insurance (est.)-$521
Net Cash Flow+$2,158

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 $714/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 100 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.

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 7 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.

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    38 Connaught Avenue, Thornhil… — $2,499,800 | Battaglia Team