$628,000 - 22 Olive Avenue Unit 312, Willowdale
Condo for Sale in Willowdale
Neighbourhood: Willowdale East
- MLS Number
- C13541460
- Property Type
- Condo
- Status
- active
- Days on Site
- 25
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Willowdale / Newtonbrook
- Locker
- Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- HOMELIFE LANDMARK REALTY INC.
Welcome to 312-22 Olive Ave. *You would fall in love with this 1100SF 2-bedroom condo Unit in one of North York most desirable neighbourhood. 2 Side By Side Parking Spots and 2 Lockers Included! *Top 5 Reasons You'll Love This Home:1. Exceptional Living Space - Rarely offered at this size, this spacious layout provides generous principal rooms, ideal for families, professionals, or those looking to downsize without compromising comfort. 2. Prime Location - Just minutes from Yonge Street, you'll enjoy easy access to the subway, TTC, GO Transit, shopping, restaurants, parks, schools, and everyday conveniences, making commuting and daily living effortless. 3. Bright & Functional Design - South facing large windows fill the home with natural light, while the thoughtfully designed floor plan offers excellent flow for both relaxing and entertaining. 4. Outstanding Lifestyle - Enjoy the benefits of condominium living with well-maintained amenities, professional management, and a welcoming community in a highly sought-after neighbourhood. 5. Move-In Ready Opportunity - Beautifully maintained and ready to enjoy from day one, this inviting home offers the perfect balance of style, comfort, and practicality, allowing you to settle in and start enjoying everything the neighbourhood has to offer. Whether you're searching for your next home or a smart investment, this exceptional condo offers the ideal combination of location, space, and lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$3,221.97/mo
Includes CMHC insurance ($17,521)
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 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.
22 Olive Avenue Unit 312, Willowdale / Newtonbrook
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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
Competitive Pricing
At $628/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 25 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.
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.
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 $2,617 (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.