










$3,500/mo - 21 Olive Avenue Unit TH201, Willowdale
Condo for Rent in Willowdale
Neighbourhood: Willowdale East
- MLS Number
- C13653390
- Property Type
- Condo
- Status
- active
- Days on Site
- 16
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Willowdale / Newtonbrook
- Locker
- Exclusive
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- BAY STREET GROUP INC.
Over 1400sqft 2-storey condo townhouse @ Mona Lisa Residence near Yonge/Finch Subway, TTC, VIVA Bus Terminals. Walk to all amenities. 9ft ceilings, 2 Bedrooms, 2 full baths on 2nd floor, 1 powder room + closet on main floor. Oversized Open Concept Kitchen w/ breakfast bar. Separate Living and Dining Areas. Open concept Den on 2nd floor. Central Heat & Air Conditioning 1 indoor entrance from building + 1 outdoor entrance to street. 1 parking + storage unit on P1. Great layout, lots of floor-to-ceiling windows. Condo Amenities includes 24hr concierge Indoor pool, Gym, Sauna, party room, visitor parking. Tenant to pay $300 key deposit, obtain contents + liabilities insurance and set up hydro account. No pets or No Smoking
Discover Willowdale East
Willowdale East 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 East
- •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 East 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.
21 Olive Avenue Unit TH201, Willowdale / Newtonbrook
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fairly Priced Rental
At $3,500/mo, this is in line with typical 3-bedroom rents in Willowdale (~$3,500/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.
Market Position
At 16 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. We'll want to verify the monthly fees and what they include.
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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Willowdale East
I know Willowdale East 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.