$549,000 - 5791 Yonge Street Unit 306, Willowdale
Condo for Sale in Willowdale
61 days on market- MLS Number
- C13005604
- Property Type
- Condo
- Status
- active
- Days on Site
- 61
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Willowdale / Newtonbrook
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Discover effortless urban elegance in this bright and spacious 740 sq. ft. 1-bedroom-plus-den residence at Luxe Condominiums! Step inside The Lush floor plan and be impressed by the bright, open-concept living and dining area featuring beautiful hardwood floors, a stunning modern chandelier, and seamless flow to a private balcony with peaceful views. The gourmet kitchen shines with granite countertops, a large island with breakfast bar, and premium Kitchenaid stainless steel appliances updated in 2023. This move-in-ready third-floor suite also offers a versatile den ideal for a home office or guest space, a generous primary bedroom, and convenient in-suite laundry (LG 2024 Washer & Dryer).Additional peace of mind comes with an owned parking space and a locker located on the same floor. Live the resort lifestyle with premium building amenities including an indoor pool, full gym, sauna, party and meeting rooms, 24-hour concierge, guest suites, and visitor parking-all in a well-maintained Menkes-built tower. The location is unbeatable: just steps to Finch TTC Subway Station, VIVA rapid transit, GO, endless dining, shopping, supermarkets, parks, and daily conveniences in the heart of vibrant North York. Quick access to Hwy 401 makes commuting effortless. This is city living at its finest-convenient, comfortable, and full of potential. Schedule your private viewing today and experience it for yourself!
Estimate your monthly payments for this property
Estimated Payment
$2,816.65/mo
Includes CMHC insurance ($15,317)
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.
5791 Yonge Street Unit 306, Willowdale / Newtonbrook
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Rental income estimator & ROI calculator
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 $784/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 61 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $2,288 (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.