8 Olympic Garden Drive Unit S3409, Toronto C14

Price: $399,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: C12711518

Prime North York Location at Yonge/Cummer. Brand 1Bed & 1Bath Suite With Parking &Storage Locker. Amazing Layout, Bright & Spacious + Full Balcony. Open Concept Living &Dining Room With Luxury Kitchen, B/I Apps, Quartz Countertop, Cabinetry, Laminate Floors Throughout. Gym, Party Room And Visitor Parking, 24/7 Concierge, BusinessCentre, Comprehensive Wellness Area, Fitness Centre, Landscaped Courtyard Garden, Yoga Studio,Outdoor Yoga Deck, Weight Training, Cardio Equipment, Saunas, Movie Theatre & Games Room,Infinity-Edge Pool, Outdoor Lounge & BBQ Areas, Indoor Party Rooms, Guest Suites. 3 Mins To TTCFinch Subway Station, GO Bus. Steps To School, Parks, Restaurants and Shopping Centers. **Last three Pictures are virtual staging**

8 Olympic Garden Drive Unit S3409 - Condo photo 1 of 24 in Willowdale / Newtonbrook, Ontario
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$399,000 - 8 Olympic Garden Drive Unit S3409, Willowdale

Condo for Sale in Willowdale

160 days on market
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
C12711518
Property Type
Condo
Status
active
Days on Site
160
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Willowdale / Newtonbrook
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
FIRST CLASS REALTY INC.
Description

Prime North York Location at Yonge/Cummer. Brand 1Bed & 1Bath Suite With Parking &Storage Locker. Amazing Layout, Bright & Spacious + Full Balcony. Open Concept Living &Dining Room With Luxury Kitchen, B/I Apps, Quartz Countertop, Cabinetry, Laminate Floors Throughout. Gym, Party Room And Visitor Parking, 24/7 Concierge, BusinessCentre, Comprehensive Wellness Area, Fitness Centre, Landscaped Courtyard Garden, Yoga Studio,Outdoor Yoga Deck, Weight Training, Cardio Equipment, Saunas, Movie Theatre & Games Room,Infinity-Edge Pool, Outdoor Lounge & BBQ Areas, Indoor Party Rooms, Guest Suites. 3 Mins To TTCFinch Subway Station, GO Bus. Steps To School, Parks, Restaurants and Shopping Centers. **Last three Pictures are virtual staging**

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

$
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5%10%50%

5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

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 Olympic Garden Drive Unit S3409, Willowdale / Newtonbrook

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,109

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

Competitive Pricing

At $798/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.

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.

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. We'll want to verify the monthly fees and what they include.

Efficient Living

At 500 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.

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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    8 Olympic Garden Drive Unit S3409 | $399,000 | Battaglia Team