8 olympic Grd. Drive, Toronto C14

Price: $680,000

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: C13506128

Experience upscale living at M2M in the heart of North York. This exceptional 2-bedroom , 2-bathroom suite boasts one of the building's most desirable south-facing exposures, filling thehome with natural light all day long. Enjoy stunning city views from the expansive balcony andfloor-to-ceiling windows.The modern kitchen , integrated appliances, and stylish laminate flooring, while the highceilings create a bright, open, and spacious atmosphere. Both bedrooms are generouslyproportioned, offering comfort, privacy, and plenty of room to unwind.Residents enjoy an impressive selection of premium amenities, including a fully equippedfitness centre with cardio and weight-training equipment, yoga studio and outdoor yoga deck,wellness area with saunas, infinity-edge swimming pool, landscaped courtyard, outdoor loungewith BBQ facilities, party room, games room, private theatre, business centre, visitorparking, and 24-hour concierge service.

8 olympic Grd. Drive - Condo photo 1 of 21 in Willowdale / Newtonbrook, Ontario
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New Listing
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$680,000 - 8 olympic Grd. Drive, Willowdale

Condo for Sale in Willowdale

New — Listed 7 days ago

Neighbourhood: Newtonbrook East

2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
C13506128
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Willowdale / Newtonbrook
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
HOMELIFE GOLCONDA REALTY INC.
Description

Experience upscale living at M2M in the heart of North York. This exceptional 2-bedroom , 2-bathroom suite boasts one of the building's most desirable south-facing exposures, filling thehome with natural light all day long. Enjoy stunning city views from the expansive balcony andfloor-to-ceiling windows.The modern kitchen , integrated appliances, and stylish laminate flooring, while the highceilings create a bright, open, and spacious atmosphere. Both bedrooms are generouslyproportioned, offering comfort, privacy, and plenty of room to unwind.Residents enjoy an impressive selection of premium amenities, including a fully equippedfitness centre with cardio and weight-training equipment, yoga studio and outdoor yoga deck,wellness area with saunas, infinity-edge swimming pool, landscaped courtyard, outdoor loungewith BBQ facilities, party room, games room, private theatre, business centre, visitorparking, and 24-hour concierge service.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,488.75/mo

Includes CMHC insurance ($18,972)

$
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5%10%50%

5-yr fixed avg.

Principal: $612,000Interest: $415,654
Mortgage Amount$630,972
Total Interest$415,654
Est. Property Tax$482/mo
Total Cost$1,046,626

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

8 olympic Grd. Drive, Willowdale / Newtonbrook

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$482
Insurance (est.)-$142
Net Cash Flow+$1,186

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 $1133/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Willowdale's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 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 $2,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    8 olympic Grd. Drive | $680,000 | Battaglia Team