8 Manorcrest Drive, Toronto C14

Price: $1,625,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: C12587204

8 Manorcrest Drive presents a rare chance to design and build a brand-new luxury home in a prestigious North York pocket near Bayview and Finch. Set on a substantial lot along a quiet street lined with high-end custom residences, this address is ideal for both builders seeking a marketable, top-tier project and end users who want a fully tailored home rather than settling for an aging resale. The size and proportions of the property support an impressive modern build with striking street presence, functional family interiors, and generous parking, all in an area where quality new construction is in constant demand. Everyday living is elevated by nearby reputable schools such as Earl Haig, easy access to parks, community centres, shopping at Bayview Village, a range of medical and professional services, and multiple places of worship. With Finch subway station and major highways close at hand, 6 Manorcrest Drive offers a powerful combination of exclusivity, convenience, and long-term value - an ideal site for your next custom home on a premium 47 foot frontage, 155 foot deep lot.

8 Manorcrest Drive - Detached photo 1 of 1 in Willowdale / Newtonbrook, Ontario
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$1,625,000 - 8 Manorcrest Drive, Willowdale

Detached for Sale in Willowdale

160 days on market
3Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
C12587204
Property Type
Detached
Status
active
Days on Site
160
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Willowdale / Newtonbrook
Listing Brokerage
RIGHT AT HOME REALTY
Description

8 Manorcrest Drive presents a rare chance to design and build a brand-new luxury home in a prestigious North York pocket near Bayview and Finch. Set on a substantial lot along a quiet street lined with high-end custom residences, this address is ideal for both builders seeking a marketable, top-tier project and end users who want a fully tailored home rather than settling for an aging resale. The size and proportions of the property support an impressive modern build with striking street presence, functional family interiors, and generous parking, all in an area where quality new construction is in constant demand. Everyday living is elevated by nearby reputable schools such as Earl Haig, easy access to parks, community centres, shopping at Bayview Village, a range of medical and professional services, and multiple places of worship. With Finch subway station and major highways close at hand, 6 Manorcrest Drive offers a powerful combination of exclusivity, convenience, and long-term value - an ideal site for your next custom home on a premium 47 foot frontage, 155 foot deep lot.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,187.92/mo

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5-yr fixed avg.

Principal: $1,300,000Interest: $856,377
Mortgage Amount$1,300,000
Total Interest$856,377
Est. Property Tax$1,151/mo
Total Cost$2,156,377

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 / Newtonbrook

Discover Willowdale / Newtonbrook

Willowdale / Newtonbrook 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 / Newtonbrook

  • 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

Willowdale / Newtonbrook 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

8 Manorcrest Drive, Willowdale / Newtonbrook

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,151
Insurance (est.)-$339
Net Cash Flow+$1,310

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 $1083/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.

Negotiation Opportunity

At 160 days on site, this property has exceeded the typical selling timeline for Willowdale. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Willowdale are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $6,771 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    8 Manorcrest Drive | $1,625,000 | Battaglia Team