$3,388,000 - 242 Parkview Avenue, Willowdale
Detached for Sale in Willowdale
160 days on marketNeighbourhood: Willowdale East
- MLS Number
- C12573944
- Property Type
- Detached
- Status
- active
- Days on Site
- 160
- Bedrooms
- 6
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Willowdale / Newtonbrook
- Listing Brokerage
- RE/MAX ATRIUM HOME REALTY
-- Elegant Custom Luxury in The Prestigious Willowdale Area, Rarely lived in and immaculately cared for, this home feels Brand New -- Welcome to this spectacular, custom-built masterpiece set on an impressive 50x152 ft. lot in one of Willowdale's most desirable locations. Showcasing timeless architecture with a stately stone and brick facade, this home offers an extraordinary blend of classic elegance and modern luxury. Step inside to soaring ceilings across all levels, detailed millwork, and stunning finishes throughout. The Open-Concept layout features a grand living and dining area, a spacious family room with built-ins, and a sun-filled breakfast nook. The Chefs Kitchen is a true showstopper complete with custom cabinetry, Brand New high-end built-in KitchenAid appliances, and an oversized island. The main floor office is refined with custom wall paneling and built-ins, perfect for work-from-home days. Retreat upstairs to a lavish Master suite with a spa-like 7-piece Ensuite and walk-in closet. Each additional bedroom is generously sized and features its own Ensuite bath. The fully finished lower level is ideal for entertaining, offering a large rec room with built-ins, a pantry, and a gym area. Additional Highlights Include: - 4 gas fireplaces, - Central vacuum , -Water softener & purifier-Coffered ceilings, - LED Pot Lights & elegant chandeliers, Fresh paint & meticulously maintained interior, Limestone & newer hardwood floors Expansive sundeck, flagstone porch, and beautifully landscaped grounds.
Estimate your monthly payments for this property
Estimated Payment
$14,986.27/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 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.
242 Parkview 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 $968/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 3,500 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.