$699,000 - 5 Northtown Way Unit 1005, Willowdale
Condo for Sale in Willowdale
83 days on market- MLS Number
- C12928014
- Property Type
- Condo
- Status
- active
- Days on Site
- 83
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Willowdale / Newtonbrook
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- Royal Lepage Real Estate Associates
Welcome to 5 Northtown Way #1005. This stunning 2-bedroom + Den, 2-bathroom condo unit offers panoramic west-facing views and over 1,000 sq. ft. of beautifully updated living space. Featuring engineered hardwood floors throughout, dark wood finishes, neutral paint tones, and pot lights, this sun-drenched suite is the one you've been waiting for.Designed with both function and style in mind, the galley kitchen showcases bright white cabinetry, granite countertops, stainless steel appliances, a newer fridge (replaced December 2025), and a brand-new dishwasher. The spacious main living area offers a seamless flow, perfect for everyday living and entertaining.The primary retreat features a walk-in closet and a private three-piece ensuite, complete with upgraded bathroom sink countertops. The second bedroom is ideal as a home office or nursery, while the main four-piece bathroom also features upgraded sink countertops, ceramic tile finishes, and a stand-up shower.Additional highlights include an upgraded stacked LG washer and dryer for added convenience. Enjoy living in this well-maintained building, ideally located just minutes from all major amenities such as Highway 401, restaurants, parks, trails, and schools. Just a short walk to Finch and North York Centre TTC stations, with a Metro grocery store conveniently located on the P1 level, allowing for easy grocery runs via underground access.Premium building amenities include outdoor tennis courts, an indoor pool, hot tub, and fully equipped gym, a golf simulator, communal terrace with BBQ grills, a party room, and a rare 5-pin bowling alley, along with ping pong, billiards, and a quiet library space-offering the perfect blend of recreation and relaxation right at your doorstep.
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 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.
5 Northtown Way Unit 1005, 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
Competitive Pricing
At $699/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 83 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.
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.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.