$1,298,888 - 59 Otonabee Avenue, Willowdale
Detached for Sale in Willowdale
New — Listed yesterday- MLS Number
- C13452324
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Willowdale / Newtonbrook
- Listing Brokerage
- ROYAL LEPAGE CITIZEN REALTY
Welcome to Willowdale living at its finest. Cherished and impeccably maintained by the same owner for over 50 years, this charming, solid brick detached bungalow exudes true pride of ownership. Freshly painted throughout and sitting on a generous lot with a massive backyard, this clean and bright property is the perfect canvas for builders, investors, or end-users looking to create their dream home on a rapidly redeveloping, high-demand street surrounded by multi-million dollar custom builds.The main level features a large eat-in kitchen, a bright and spacious living/dining room, and three well-appointed bedrooms. A lovely, sun-filled enclosed front porch greets you upon arrival, offering the perfect space for a cozy sunroom, a functional mudroom, or a peaceful morning coffee spot. Downstairs, a highly desirable separate entrance leads to a versatile basement living area with incredible potential for an in-law suite or rental income, complete with a full kitchen and 4-piece bathroom. Nestled in a fast-evolving, premier North York neighborhood, this home offers an unbeatable lifestyle of absolute convenience. It is just a short walk to top-rated schools, beautiful local parks, and TTC transit with quick, direct access to Finch Station. You are also just minutes from the vibrant Yonge and Steeles corridor, which is home to Centerpoint Mall, 24-hour grocers like Khorak Supermarket, and an endless array of world-class dining options. Whether you choose to move right in, renovate to your taste, or build a brand-new custom masterpiece, this rare and cherished Willowdale property is the one you do not want to miss.
Estimate your monthly payments for this property
Estimated Payment
$5,745.42/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 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.
59 Otonabee Avenue, 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
Premium Pricing
At $1181/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Willowdale's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
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 $5,412 (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.