$555,000 - 5 Northtown Way Unit 1003, Willowdale
Condo for Sale in Willowdale
Popular ListingNeighbourhood: Willowdale East
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- MLS Number
- C13820472
- Property Type
- Condo
- Status
- active
- Days on Site
- 14
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Willowdale / Newtonbrook
- Taxes (2025)
- $2,443
- Maintenance Fees
- $560/mo
- Locker
- None
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Experience The Best Of North York Living At 5 Northtown Way! Amazing view! Step Into This Bright And Spacious 1 Bedroom + Den Suite Featuring A Smart, Functional Layout Designed For Comfortable Everyday Living. Relax Or Entertain On Your Private Balcony While Enjoying Open City Views Toward Yonge Street. The Versatile Den Creates The Perfect Space For A Home Office, Study, Or Additional Living Area. One Underground Parking Space Adds Everyday Convenience. Live Steps From Everything With TTC Subway And Bus Service, Shopping, Restaurants, Parks, And Everyday Essentials Right At Your Doorstep. Enjoy The Rare Convenience Of Indoor Access To Metro Grocery Store-Shop For Groceries Without Even Stepping Outside! Resort-Style Building Amenities Include 24-Hour Security, Indoor Swimming Pool, Bowling Alley, Billiards, Rooftop Garden, And More. Move In And Enjoy An Exceptional Combination Of Location, Convenience, Amenities, And Urban Lifestyle In The Heart Of North York!
Estimate your monthly payments for this property
Estimated Payment
$2,847.44/mo
Includes CMHC insurance ($15,485)
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.
5 Northtown Way Unit 1003, 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 $925/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.
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. The $560/month fees should cover building insurance, common elements, and reserve contributions.
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.
About Willowdale East
I know Willowdale East 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 $2,313 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.