$628,800 - 8 Olympic Garden Drive Unit 2304, Willowdale
Condo for Sale in Willowdale
34 days on marketNeighbourhood: Newtonbrook East
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- MLS Number
- C13739922
- Property Type
- Condo
- Status
- active
- Days on Site
- 34
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Willowdale / Newtonbrook
- Taxes (2025)
- $3,374
- Maintenance Fees
- $530/mo
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to Suite S2304 at 8 Olympic Garden Drive, a sophisticated 2-bedroom, 2-bathroom residence offering the perfect blend of luxury, comfort, and convenience in one of North York's most vibrant and rapidly growing communities. Featuring soaring 10-foot ceilings, an open-concept layout, and spectacular unobstructed views, this bright and airy suite is filled with natural light throughout. The contemporary kitchen offers quality finishes, modern appliances, and ample functionality, seamlessly overlooking the spacious living and dining areas-ideal for everyday living and entertaining. Both bedrooms provide comfortable living space and ample storage, complemented by two stylish and modern bathrooms. Complete with 1 parking space and 1 locker for added convenience and peace of mind. Enjoy easy access to shopping, dining, public transit, subway, and everyday amenities. Adding to the appeal, a highly anticipated H Mart flagship store is coming soon to the ground floor, offering exceptional convenience right at your doorstep. An outstanding opportunity for end users or investors seeking a modern home in a well-connected and rapidly developing North York neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$3,226.07/mo
Includes CMHC insurance ($17,544)
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 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
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.
8 Olympic Garden Drive Unit 2304, Willowdale / Newtonbrook
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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
Fair Market Value
At $1048/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 34 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 $530/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 600 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.
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 $2,620 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.