473 Hounslow Avenue, Toronto C07

Price: $1,499,000

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: C12857120

-- Exceptionally Rare 65' Frontage -- South Exposure -- Welcome to this solid brick bungalow nestled on a *huge* 65' X 132' lot in the desirable Willowdale West area! This bright and spacious home is a Grand Opportunity -- Offers potential for severance into two lots (Buyer to do their own Due Diligence with regards to severance potential), ready to move in or rent out, with rental income from the main floor and basement (w/ a separate entrance). The lovely interior features a spacious, open-concept living area, a dining room, eat-in kitchen, and 5 generously-sized bedrooms. Enjoy the easy convenience and notable perks of living in Willowdale West: being only a walking distance to schools, parks, coffee, transit, community centers, shops, and other amenities!

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$1,499,000 - 473 Hounslow Avenue, Willowdale

Detached for Sale in Willowdale

101 days on market
5Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
C12857120
Property Type
Detached
Status
active
Days on Site
101
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Thornhill / Willowdale
Listing Brokerage
ROYAL LEPAGE TERREQUITY CONFIDENCE REALTY
Description

-- Exceptionally Rare 65' Frontage -- South Exposure -- Welcome to this solid brick bungalow nestled on a *huge* 65' X 132' lot in the desirable Willowdale West area! This bright and spacious home is a Grand Opportunity -- Offers potential for severance into two lots (Buyer to do their own Due Diligence with regards to severance potential), ready to move in or rent out, with rental income from the main floor and basement (w/ a separate entrance). The lovely interior features a spacious, open-concept living area, a dining room, eat-in kitchen, and 5 generously-sized bedrooms. Enjoy the easy convenience and notable perks of living in Willowdale West: being only a walking distance to schools, parks, coffee, transit, community centers, shops, and other amenities!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,630.58/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,199,200Interest: $789,975
Mortgage Amount$1,199,200
Total Interest$789,975
Est. Property Tax$1,062/mo
Total Cost$1,989,175

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

473 Hounslow Avenue, Thornhill / Willowdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$1,062
Insurance (est.)-$312
Net Cash Flow+$2,226

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

Fair Market Value

At $999/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.

Negotiation Opportunity

At 101 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.

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 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 $6,246 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    473 Hounslow Avenue, Thornhil… — $1,499,000 | Battaglia Team