$1,260,000 - 5168 Yonge Street Unit Lph603, Willowdale
Condo for Sale in Willowdale
- MLS Number
- C13169782
- Property Type
- Condo
- Status
- active
- Days on Site
- 22
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Thornhill / Willowdale
- Locker
- Owned
- Exposure
- North West
- Balcony
- Terrace
- Listing Brokerage
- CENTURY 21 NEW CONCEPT
Stunning and rarely offered corner penthouse featuring breathtaking unobstructed panoramic views from an expansive 600sf TERRACE - a true outdoor extension of the living space. Bright and airy with 9-foot ceilings and an excellent open concept layout designed for both comfort and functionality. The upgraded modern kitchen boasts a stylish island with granite countertops (2023), new backsplash (2023), and dishwasher (2023), perfect for everyday living and entertaining. The private primary bedroom retreat includes a walk-in closet, while the spacious second bedroom and separate den provide flexibility for family living or a dedicated home office. Unbeatable location with direct access to North York subway and Empress Walk, steps to Loblaws, library, community centre, swimming pool, Cineplex, and a wide variety of restaurants. Rare offering of TWO Parking spots, providing exceptional convenience and added value - a highly sought-after feature in this prime North York location. Enjoy top-tier building amenities including a luxurious party room, conference room, fully equipped gym, indoor pool, and more
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Estimated Payment
$5,573.40/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.
5168 Yonge Street Unit Lph603, 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
Fair Market Value
At $1050/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 22 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.
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 $5,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.