1131 Steeles Avenue Unit 1504, Toronto C07

Price: $559,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: C13760670

Perched on the 15th floor of Primrose Towers, Unit 1504 offers a spacious, sun-filled layout with scenic open views and plenty of room to spread out. The suite features well-proportioned principal rooms, generous bedrooms, and easy access to excellent building amenities, including 24-hour gatehouse security, outdoor pool, tennis courts, and fitness facilities-all just steps from transit, shopping, and everyday conveniences. And it also comes with T H R E E parking spaces! Bright, comfortable living with all the essentials-and more parking than you'll probably ever know what to do with!

1131 Steeles Avenue Unit 1504 - Condo photo 1 of 14 in Thornhill / Willowdale, Ontario
1131 Steeles Avenue Unit 1504 - Condo photo 2 of 14 in Thornhill / Willowdale, Ontario
1131 Steeles Avenue Unit 1504 - Condo photo 3 of 14 in Thornhill / Willowdale, Ontario
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1131 Steeles Avenue Unit 1504 - Condo photo 5 of 14 in Thornhill / Willowdale, Ontario
1131 Steeles Avenue Unit 1504 - Condo photo 6 of 14 in Thornhill / Willowdale, Ontario
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1131 Steeles Avenue Unit 1504 - Condo photo 8 of 14 in Thornhill / Willowdale, Ontario
1131 Steeles Avenue Unit 1504 - Condo photo 9 of 14 in Thornhill / Willowdale, Ontario
1131 Steeles Avenue Unit 1504 - Condo photo 10 of 14 in Thornhill / Willowdale, Ontario
1131 Steeles Avenue Unit 1504 - Condo photo 11 of 14 in Thornhill / Willowdale, Ontario
1131 Steeles Avenue Unit 1504 - Condo photo 12 of 14 in Thornhill / Willowdale, Ontario
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$559,000 - 1131 Steeles Avenue Unit 1504, Willowdale

Condo for Sale in Willowdale

Neighbourhood: Westminster-Branson

2Beds
2Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
C13760670
Property Type
Condo
Status
active
Days on Site
28
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Thornhill / Willowdale
Taxes (2025)
$2,526
Maintenance Fees
$1,188/mo
Locker
Owned
Exposure
South East
Balcony
Enclosed
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

Perched on the 15th floor of Primrose Towers, Unit 1504 offers a spacious, sun-filled layout with scenic open views and plenty of room to spread out. The suite features well-proportioned principal rooms, generous bedrooms, and easy access to excellent building amenities, including 24-hour gatehouse security, outdoor pool, tennis courts, and fitness facilities-all just steps from transit, shopping, and everyday conveniences. And it also comes with T H R E E parking spaces! Bright, comfortable living with all the essentials-and more parking than you'll probably ever know what to do with!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,867.96/mo

Includes CMHC insurance ($15,596)

$
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5%10%50%

5-yr fixed avg.

Principal: $503,100Interest: $341,692
Mortgage Amount$518,696
Total Interest$341,692
Est. Property Tax$396/mo
Total Cost$860,388

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.

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Neighbourhood Guide: Westminster-Branson

Discover Westminster-Branson

Westminster-Branson 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 Westminster-Branson

  • •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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Westminster-Branson 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.

70
Walk Score
Varies
Price Range

1131 Steeles Avenue Unit 1504, Thornhill / Willowdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$1,188
Property Tax (est.)-$396
Insurance (est.)-$116
Net Cash Flow+$660

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $559/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.

Market Position

At 28 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. The $1188/month fees should cover building insurance, common elements, and reserve contributions.

About Westminster-Branson

I know Westminster-Branson well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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 $2,329 (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.

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    1131 Steeles Avenue Unit 1504 | $559,000 | Battaglia Team