$1,398,000 - 487 Hounslow Avenue, Willowdale
Detached for Sale in Willowdale
New — Listed 6 days agoNeighbourhood: Willowdale West
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- MLS Number
- C13880104
- Property Type
- Detached
- Status
- active
- Days on Site
- 6
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Thornhill / Willowdale
- Taxes (2026)
- $7,527
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Nestled on the highly sought-after Hounslow Avenue, south of Finch, in a desirable neighbourhood surrounded by impressive newer custom-built residences, this charming detached bungalow presents an exceptional opportunity for homeowners, investors, and those looking to create their dream home in a prime North York location.The main level offers a warm and inviting atmosphere with timeless character, featuring three generously proportioned bedrooms and comfortable living spaces ready to be enjoyed as is or thoughtfully reimagined to suit modern tastes.A standout feature is the newly finished lower level, thoughtfully designed with two bedrooms, a modern bathroom, a kitchen, and a spacious open-concept living and dining area, offering remarkable flexibility for extended family or multigenerational living.Situated in an established neighbourhood experiencing an exciting transformation with luxurious custom homes, this property offers tremendous potential for future enhancement. Conveniently located within close proximity to TTC transit, major transportation routes, shopping, schools, parks, and everyday amenities.
Estimate your monthly payments for this property
Estimated Payment
$6,183.83/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 West
Willowdale 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 Willowdale 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
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 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.
487 Hounslow Avenue, Thornhill / Willowdale
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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
Premium Pricing
At $1271/sqft, this property is priced above the Willowdale average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Just Listed - Act Strategically
This property hit the market within the last week. In Willowdale's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 5 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.
About Willowdale West
I know Willowdale 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.
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 $5,825 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.