$998,000 - 15 Holmes Avenue Unit 3109, Willowdale
Condo for Sale in Willowdale
126 days on market- MLS Number
- C12789664
- Property Type
- Condo
- Status
- active
- Days on Site
- 126
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Willowdale / Newtonbrook
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Welcome to luxury living in the heart of North York! This stunning and spacious 3-bedroom suite offers approximately 994 sq ft of thoughtfully designed living space plus balcony, perfect for families, professionals, or investors seeking comfort and convenience. Featuring a bright open-concept layout, modern finishes, and floor-to-ceiling windows that fill the home with natural light. Enjoy a functional split bedroom design for maximum privacy, a modern kitchen with quality appliances, and a private balcony with beautiful city views. Includes 1 parking space and 1 locker -a rare and valuable combination for end-users and investors alike. Located just steps to subway, shopping, restaurants, parks, and top-ranked schools. Easy access to major highways makes commuting effortless. Exceptional building amenities including concierge, gym, party room, and more. Perfect opportunity for buyers looking for space, location, and long-term value in one of North York's most desirable communities.
Estimate your monthly payments for this property
Estimated Payment
$5,120.26/mo
Includes CMHC insurance ($27,844)
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.
15 Holmes Avenue Unit 3109, 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
Fair Market Value
At $1109/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.
Negotiation Opportunity
At 126 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 900 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.
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 $4,158 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.