355 Patricia Avenue, Toronto C07

Price: $1,438,000

8 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: C13218626

Incredible family home or investment opportunity in prime Newtonbrook West! This 5 bedroom gem features layout. Great income potential with a finished basement featuring a separate side entrance, large family room, and deep storage. Fully fenced backyard. Parking for 4 cars. Unbeatable location close to transit, and shopping.

355 Patricia Avenue - Detached photo 1 of 9 in Thornhill / Willowdale, Ontario
355 Patricia Avenue - Detached photo 2 of 9 in Thornhill / Willowdale, Ontario
355 Patricia Avenue - Detached photo 3 of 9 in Thornhill / Willowdale, Ontario
355 Patricia Avenue - Detached photo 4 of 9 in Thornhill / Willowdale, Ontario
355 Patricia Avenue - Detached photo 5 of 9 in Thornhill / Willowdale, Ontario
355 Patricia Avenue - Detached photo 6 of 9 in Thornhill / Willowdale, Ontario
355 Patricia Avenue - Detached photo 7 of 9 in Thornhill / Willowdale, Ontario
355 Patricia Avenue - Detached photo 8 of 9 in Thornhill / Willowdale, Ontario
355 Patricia Avenue - Detached photo 9 of 9 in Thornhill / Willowdale, Ontario
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$1,438,000 - 355 Patricia Avenue, Willowdale

Detached for Sale in Willowdale

38 days on market

Neighbourhood: Newtonbrook West

8Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
C13218626
Property Type
Detached
Status
active
Days on Site
38
Bedrooms
8
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Thornhill / Willowdale
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

Incredible family home or investment opportunity in prime Newtonbrook West! This 5 bedroom gem features layout. Great income potential with a finished basement featuring a separate side entrance, large family room, and deep storage. Fully fenced backyard. Parking for 4 cars. Unbeatable location close to transit, and shopping.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,360.76/mo

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5-yr fixed avg.

Principal: $1,150,400Interest: $757,828
Mortgage Amount$1,150,400
Total Interest$757,828
Est. Property Tax$1,019/mo
Total Cost$1,908,228

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.

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Neighbourhood Guide: Newtonbrook West

Discover Newtonbrook West

Newtonbrook West 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 Newtonbrook West

  • Convenient location in Thornhill / Willowdale
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Newtonbrook West 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.

70
Walk Score
Varies
Price Range

355 Patricia Avenue, Thornhill / Willowdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,800/mo
Range: $4,080 - $5,520
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,800
Maintenance Fees-$0
Property Tax (est.)-$1,019
Insurance (est.)-$300
Net Cash Flow+$3,481

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $959/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.

Market Position

At 38 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.

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.

Excellent Flexibility

With 8 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 4 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 Newtonbrook West

I know Newtonbrook West 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.

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    355 Patricia Avenue | $1,438,000 | Battaglia Team