$548,000 - 5418 Yonge Street Unit 1016, Willowdale
Condo for Sale in Willowdale
35 days on marketNeighbourhood: Willowdale West
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- MLS Number
- C13738398
- Property Type
- Condo
- Status
- active
- Days on Site
- 35
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Thornhill / Willowdale
- Taxes (2025)
- $2,768
- Maintenance Fees
- $789/mo
- Locker
- None
- Exposure
- East
- Balcony
- Juliette
- Listing Brokerage
- Royal LePage Meadowtowne Realty Inc., Brokerage
Welcome to Tridel's distinguished "The Royal Arms", where timeless elegance meets spacious, comfortable living. This beautiful 2-bedroom, 2-bathroom suite has been freshly painted in neutral tones and offers almost 900 sq. ft. of well designed living space, with an inviting layout ideal for both everyday living and entertaining. The generous kitchen opens seamlessly to the spacious living and dining areas. An expansive living room window fills the home with natural light, creating a bright and airy atmosphere throughout. The exceptionally spacious primary bedroom offers a private retreat, complete with two large closets, a luxurious 4-pieceensuite, and a charming Juliette balcony. The second bedroom features a large closet and oversized window, making it an ideal bedroom, guest room, or stylish home office. Enjoy the added convenience of one underground parking space. Residents of The Royal Arms have access an impressive array of amenities, including 24-hour concierge, indoor pool, fitness centre, rooftop terraces, party room, and billiards room. Ideally located near the subway and transit systems, major highways, shopping, restaurants, and parks, this exceptional residence offers the perfect blend of space, comfort, convenience, and resort-style amenities. A wonderful opportunity to own a spacious and elegant suite in one of Tridel's sought-after residences.
Estimate your monthly payments for this property
Estimated Payment
$2,811.52/mo
Includes CMHC insurance ($15,289)
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.
5418 Yonge Street Unit 1016, 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
Competitive Pricing
At $685/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 35 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. The $789/month fees should cover building insurance, common elements, and reserve contributions.
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 $2,283 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.