$565,000 - 181 Sheppard Avenue Unit 708, Willowdale
Condo for Sale in Willowdale
105 days on market- MLS Number
- C12917132
- Property Type
- Condo
- Status
- active
- Days on Site
- 105
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Willowdale / Newtonbrook
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- THE CONDO STORE REALTY INC.
Never-lived-in, never offered, 1-bedroom suite delivers an exceptional blend of indoor comfort and outdoor living. 608 sq ft with an 2 massive private terraces totaling 522 sq ft, this home is unlike anything else in the area. Perched on the 7th floor with a panoramic south-facing exposure, enjoy sweeping views over a lush canopy of trees and charming residential homes, with the downtown skyline visible in the distance. The view is breathtaking in every season-sun-drenched in the summer, vibrant in the fall, and serene year-round. Inside, the thoughtfully designed linear layout maximizes every inch of space with no wasted square footage. Floor-to-ceiling windows run along the entire unit, flooding the space with natural light and creating a seamless connection to the outdoors. The bedroom is ideally positioned on the opposite side of the living area for privacy, and every principal room enjoys direct window exposure-an incredibly rare feature. The modern kitchen is sleek and functional, perfect for both everyday living and entertaining, while the overall layout offers a clean, rectangular footprint that is easy to furnish and live in. Located in one of North York's most desirable pockets, this address offers the perfect balance of urban convenience and residential tranquility. You're just steps to Yonge & Sheppard, with access to two subway lines, making commuting downtown effortless. Enjoy an abundance of nearby amenities including Whole Foods, Longo's, Loblaws, and countless restaurants, cafés, and shops. Earl Bales Park, Glendora Park, and a network of nearby green spaces provide a peaceful escape right outside your door, while top-rated schools and community centers make this an ideal place to call home.
Estimate your monthly payments for this property
Estimated Payment
$2,898.74/mo
Includes CMHC insurance ($15,764)
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.
181 Sheppard Avenue Unit 708, Willowdale / Newtonbrook
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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 $942/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 105 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 600 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 $2,354 (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.