$2,500/mo - 36 Olive Avenue Unit 305, Willowdale
Condo for Rent in Willowdale
126 days on market- MLS Number
- C12769172
- Property Type
- Condo
- Status
- active
- Days on Site
- 126
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Willowdale / Newtonbrook
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 ATRIA REALTY INC.
Welcome to this exceptional 1+Den, 2-bath condo at Olive Residences, a newly built tower in the heart of North York's vibrant Willowdale East community. Designed for modern living, this spacious suite features super-high ceilings, pot lighting throughout, and a bright open layout that enhances the generous living space and clear south-facing view.The contemporary open-concept design showcases upgraded modern finishes and premium details throughout. The large den offers excellent flexibility and can easily function as a home office, guest room, or second bedroom. The primary bedroom includes a walk-in closet, while two full bathrooms provide added comfort and everyday convenience.Residents of Olive Residences enjoy over 11,000 sq. ft. of thoughtfully curated amenities, including an elegant social lounge, private catering kitchen, co-working and meeting spaces, fully equipped fitness centre, yoga studio, and virtual sports and recreation rooms. Outdoor amenities include a beautifully designed terrace with BBQ areas and landscaped green space-perfect for relaxing or entertaining.Ideally located at Yonge & Finch, this residence offers unmatched transit access with Finch Subway Station, GO Transit, and regional bus routes just steps away. Enjoy nearby shopping, dining, and entertainment along Yonge Street, as well as Bayview Village Shopping Centre, parks, and community amenities. Quick access to Highway 401 and the DVP makes commuting effortless.This stylish and spacious 1+Den at Olive Residences offers the perfect blend of luxury, functionality, and connectivity in one of North York's most sought-after locations.
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.
36 Olive Avenue Unit 305, 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
Competitive Rent
At $2,500/mo, this is priced below the typical 2-bedroom rent of ~$2,900/mo in Willowdale. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Negotiation Opportunity
At 126 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.
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.
Efficient Living
At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.