$880,000 - 5418 Yonge Street Unit 507, Willowdale
Condo for Sale in Willowdale
42 days on marketNeighbourhood: Willowdale West
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- MLS Number
- C13712686
- Property Type
- Condo
- Status
- active
- Days on Site
- 42
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Thornhill / Willowdale
- Taxes (2025)
- $3,416
- Maintenance Fees
- $1,043/mo
- Locker
- Owned
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- RE/MAX CROSSROADS REALTY INC.
Luxurious & Prestigious Royal Arms Residence Condo, Built By Tridel *Totally Updated *Bright & Spacious Split Bedrm Layout *Renovated Kit Boosting Stainless Steel Appliances, Granite Counters, Marble B/S & Open Concept *High End Laminate Floors *Modern Baths W/ Frameless Glass Shower *Sep Den Can Be Used As Bedrm *Open Concept Solarium W/Unobstructed West View *Side By Side Parking For 2 Cars (Not Tandem) & 1 Locker Enjoy resort-style living with 24-hour concierge and a grand lobby, an indoor pool, newly renovated hot tub, sauna, and fitness centre, plus a guest suite, party room, car wash, visitor parking, and a peaceful garden patio. Unbeatable location: Steps to the subway, TTC, Metro, shops, library, with easy access to everything you need right at your doorstep*Don't Miss This Rare Opportunity
Estimate your monthly payments for this property
Estimated Payment
$4,514.86/mo
Includes CMHC insurance ($24,552)
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 507, 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 $733/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 42 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 $1043/month fees should cover building insurance, common elements, and reserve contributions.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Willowdale. Good resale value as demand remains consistent.
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 $3,667 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.