7 Bishop Avenue Unit 2213, Toronto C14

Price: $420,000

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C13799994

Beautiful Studio Condo Unit On The 22nd Floor With Large Balcony Located At Yonge And Finch. Open Concept And Bright Layout Offers Spacious Living. Amenities: Underground Access To Finch TTC Subway Station, Viva, Go Transit And YRT, Sauna, Squash Court, Indoor Swimming Pool, Guest Suites, etc. Nearby Stores Steps Away Include: Starbucks, Metro, Shoppers Drug Mart, Parks, Schools, Restaurants And Many More Shops. Note: Photos Are When The Unit Was Vacant - Currently Tenanted.

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$420,000 - 7 Bishop Avenue Unit 2213, Willowdale

Condo for Sale in Willowdale

Neighbourhood: Newtonbrook East

1Beds
1Baths
N/ASq Ft
Condo

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Property Details
MLS Number
C13799994
Property Type
Condo
Status
active
Days on Site
20
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Willowdale / Newtonbrook
Taxes (2025)
$1,930
Maintenance Fees
$514/mo
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
Description

Beautiful Studio Condo Unit On The 22nd Floor With Large Balcony Located At Yonge And Finch. Open Concept And Bright Layout Offers Spacious Living. Amenities: Underground Access To Finch TTC Subway Station, Viva, Go Transit And YRT, Sauna, Squash Court, Indoor Swimming Pool, Guest Suites, etc. Nearby Stores Steps Away Include: Starbucks, Metro, Shoppers Drug Mart, Parks, Schools, Restaurants And Many More Shops. Note: Photos Are When The Unit Was Vacant - Currently Tenanted.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,154.82/mo

Includes CMHC insurance ($11,718)

$
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5%10%50%

5-yr fixed avg.

Principal: $378,000Interest: $256,727
Mortgage Amount$389,718
Total Interest$256,727
Est. Property Tax$298/mo
Total Cost$646,445

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: Newtonbrook East

Discover Newtonbrook East

Newtonbrook 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 Newtonbrook 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

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

Newtonbrook 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.

70
Walk Score
Varies
Price Range

7 Bishop Avenue Unit 2213, Willowdale / Newtonbrook

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$514
Property Tax (est.)-$298
Insurance (est.)-$88
Net Cash Flow+$1,460

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

Market Position

At 20 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 $514/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 0 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 Newtonbrook East

I know Newtonbrook 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.

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.

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    7 Bishop Avenue Unit 2213 | $420,000 | Battaglia Team