$3,198,888 - 221 Elmwood Avenue, Willowdale
Detached for Sale in Willowdale
160 days on market- MLS Number
- C12589942
- Property Type
- Detached
- Status
- active
- Days on Site
- 160
- Bedrooms
- 6
- Bathrooms
- 7
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Willowdale / Newtonbrook
- Listing Brokerage
- RE/MAX REALTRON BIJAN BARATI REAL ESTATE
Magnificent Custom Residence On A Southern Prime Lot In Highly Coveted Pocket of Willowdale East! This Stylish Home Features: A Timeless and Unique Interior and Exterior Architectural Design! ** Approx 4,500 Sq.Ft of Elegant and Functional Living Space **! High-End Millwork, Oak Hardwood Flooring, Coffered Ceiling, Led Potlight, Wainscotting, Wall Units, Juliette Balcony, Full Custom Library, 4+2 Bedrooms and 7 Washrooms (5 Ensuite)! Soaring Ceiling Height, Attractive Open Concept Layout Includes Large Foyer Entrance, Beautiful Staircase, Formal Dining, Huge Living and Family Room, Walk-Out to A Family Sized Deck and Backyard! A Chef-Inspired Kitchen With Granite Countertops, Marble Floor, Pantry, B/I Bars, and State-Of-The-Art Stainless Steel Appliances! Large Breathtaking Master Bedroom with Two W/I Closets, 7-PC Ensuite and Skylight above! Three Other Big Sized Bedrooms with their Own Ensuite! Laundry in 2nd Floor! Sitting Area/Lounge with A Fantastic View for Family Entertaining. Finished Heated Floor W/O Basement Includes 2 Split Bedrooms, Two Full Bath, Own Laundry, Large Sitting Area and Eat-In Kitchen with B/I Benches and Breakfast Table Is A Great Opportunity for Generating Income! Lots of Parking Spots: 3 At the End of Backyard and 4 on the Driveway +2 Double Car Garages! Best Schools: Hollywood P.S, Bayview M.S, Earl Haig S.S! Steps Away From Shops, Parks, TTC, Community Centre & Entertainment!
Estimate your monthly payments for this property
Estimated Payment
$14,149.76/mo
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.
221 Elmwood Avenue, 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
Fair Market Value
At $1066/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 160 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.
Detached Home Advantages
Detached homes in Willowdale are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Willowdale.
Bathroom Count Matters
With 7 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.