503 Beecroft Road Unit 516, Toronto C07

Price: $649,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: C13653648

Spacious & Bright 2-Bedroom Corner Unit In The Heart Of North York, Just Minutes From Yonge & Finch Subway Station! This well-maintained Northeast corner suite features a highly functional, square-shaped layout with excellent natural light and thoughtfully designed living spaces.The split-bedroom floor plan places the two bedrooms on opposite sides of the suite, offering exceptional privacy and separation. Enjoy generous living and dining areas, two full bathrooms, and a large breakfast area that provides the flexibility to serve as a home office, study, or additional sitting area. The efficient layout maximizes every square foot while offering plenty of space for both everyday living and entertaining.Countless features & upgrades include freshly painted throughout, brand-new vinyl flooring, and all-new light fixtures. Complete with 1 parking space and 1 locker for added convenience and storage.Ideally located just minutes from Yonge & Finch Subway Station with TTC access nearby, making commuting throughout the city effortless. An abundance of restaurants, cafés, supermarkets, shops and everyday amenities are all within easy walking distance. A rare combination of generous space, bright corner exposure, smart layout and unbeatable North York convenience. Move-in ready, just turn the key!

503 Beecroft Road Unit 516 - Condo photo 1 of 27 in Thornhill / Willowdale, Ontario
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$649,000 - 503 Beecroft Road Unit 516, Willowdale

Condo for Sale in Willowdale

Neighbourhood: Willowdale West

2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
C13653648
Property Type
Condo
Status
active
Days on Site
16
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Thornhill / Willowdale
Locker
Owned
Exposure
North East
Balcony
Open
Listing Brokerage
JDL REALTY INC.
Description

Spacious & Bright 2-Bedroom Corner Unit In The Heart Of North York, Just Minutes From Yonge & Finch Subway Station! This well-maintained Northeast corner suite features a highly functional, square-shaped layout with excellent natural light and thoughtfully designed living spaces.The split-bedroom floor plan places the two bedrooms on opposite sides of the suite, offering exceptional privacy and separation. Enjoy generous living and dining areas, two full bathrooms, and a large breakfast area that provides the flexibility to serve as a home office, study, or additional sitting area. The efficient layout maximizes every square foot while offering plenty of space for both everyday living and entertaining.Countless features & upgrades include freshly painted throughout, brand-new vinyl flooring, and all-new light fixtures. Complete with 1 parking space and 1 locker for added convenience and storage.Ideally located just minutes from Yonge & Finch Subway Station with TTC access nearby, making commuting throughout the city effortless. An abundance of restaurants, cafés, supermarkets, shops and everyday amenities are all within easy walking distance. A rare combination of generous space, bright corner exposure, smart layout and unbeatable North York convenience. Move-in ready, just turn the key!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,329.71/mo

Includes CMHC insurance ($18,107)

$
$
5%10%50%

5-yr fixed avg.

Principal: $584,100Interest: $396,705
Mortgage Amount$602,207
Total Interest$396,705
Est. Property Tax$460/mo
Total Cost$998,912

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: Willowdale West

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

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

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.

70
Walk Score
Varies
Price Range

503 Beecroft Road Unit 516, Thornhill / Willowdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$1,085

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 $811/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 16 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.

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 800 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 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 $2,704 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    503 Beecroft Road Unit 516 | $649,000 | Battaglia Team