$788,000 - 8 Olympic Garden Drive Unit S707, Willowdale
Condo for Sale in Willowdale
Neighbourhood: Newtonbrook East
- MLS Number
- C13432994
- Property Type
- Condo
- Status
- active
- Days on Site
- 20
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Willowdale / Newtonbrook
- Locker
- Owned
- Exposure
- North East
- Balcony
- Terrace
- Listing Brokerage
- FIRST CLASS REALTY INC.
Qualify for New HST Rebate! Indoor 867SqFt, Huge terrace 933SqFt! Prime North York Location at Yonge/Cummer. Brand new 2Bed & 2Bath 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.
Estimate your monthly payments for this property
Estimated Payment
$4,042.85/mo
Includes CMHC insurance ($21,985)
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 S707, Willowdale / Newtonbrook
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $985/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 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. We'll want to verify the monthly fees and what they include.
Efficient Living
At 800 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 $3,283 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.