$1,188,800 - 5162 Yonge Street Unit 1815, Willowdale
Condo for Sale in Willowdale
80 days on market- MLS Number
- C12937448
- Property Type
- Condo
- Status
- active
- Days on Site
- 80
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Thornhill / Willowdale
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- GOLDENWAY REAL ESTATE LTD.
Welcome to this spacious 2-bedroom plus den suite (den is large enough to serve as a third bedroom or home office) plus 3-bathroom at Gibson Square, a prestigious condo by Menkes in the heart of North York. The unit offers 1,014 sq. ft. of bright, open-concept living. Floor-to-ceiling windows flood the unit with natural light, while the modern kitchen boasts premium finishes, perfect for entertaining. Don't miss the building's exceptional amenities, including 24/7 concierge, an indoor pool and sauna, a gym, a party room, and guest suites. Enjoy direct indoor access to the TTC subway station, Empress Walk, groceries, and abundant dining, shopping, and entertainment options right at your doorstep. Alternative parking is available at Gibson Square Public Parking.
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Estimated Payment
$5,258.46/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 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.
5162 Yonge Street Unit 1815, 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
Premium Pricing
At $1189/sqft, this property is priced above the Willowdale average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 80 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 $4,953 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.