140 Olive Avenue, Toronto C14

Price: $3,998,800

6 bedrooms, 7 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: C13634506

Expertly Crafted Contemporary Custom Home, Built in 2024 On A Prime Deep Lot (7,190 Sq.Ft ) in Heart of Willowdale East! Over 6,660 Sq.Ft of Elegant & Comfortable Living Spaces (4,780 S.F in Main & 2nd Floor + 1,883 S.F in Basement), One of the Biggest Home in the Area, As the Side Setbacks are 4 Ft & 3 Ft, and Also It's a Deep Lot (160 Feet)! This Beauty Features: 4 + 2 Bedrooms & 7 Washrooms! Stunning Smooth White Pre-Cast Façade with Bricks in Sides and Back! A Functional Open Concept Layout! A Convenient Elevator with 3 Stops! High Ceilings >> 1st Flr: 11', 2nd Flr: 9', Basement Recreation Rm: 11', Library & Foyer: ~14' << Abundant Natural Sun lighting through Lots of Large Windows, several Skylights, and Bay Windows! 7" Wide Engineered Hardwood, and Porcelain Slab Flooring, Led Lighting (Potlights / Light Fixtures/ Chandeliers/ Inlay/ Hidden Rope lights)! Huge Spacious Dining Room, Living Rm, Family Rm with Stylish Gas Fireplace, and Walk-Out to Large Deck and Fully Fenced Deep Pool Sized Backyard. Coffered Ceiling with Ropelights! Large Chef Inspired Kitchen with Quality Cabinetry, Quartz Countertop & Backsplash, State-Of-The-Art Appliances: Sub-Zero / Wolf /Miele, and a Butler Pantry (Spice/Dirty Kitchen). Open Riser Main Staircase with Glass Railing, Wall Paneling, and Skylight above! Breathtaking Huge Master Bedroom with A Fireplace, 7-Pc Spa-Like Ensuite Include Steam Sauna & Boutique Style W/I Closet with A Skylight Above! Large Sized Other 3 Bedrooms with Own Ensuite for Privacy & Comfort! 2nd Floor Laundry! Finished Heated Floor Basement with 3 Walk-Out(s) to a Large Patio. Large Sized Recreation Room Include Rough-In Wet Bar, Rough-In 2nd Laundry, Nanny Room and 3-Pc Ensuite, 2nd Powder Room, A Gym with Window and Glass Doors which Can Be Used As a Bedroom! Convenient Location: Steps Away from Yonge Street, Finch Ave Ttc and Subway, Earl Haig Secondary School, Parks, Mitchell Field Community Centre and All Other Amenities!

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active
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$3,998,800 - 140 Olive Avenue, Willowdale

Detached for Sale in Willowdale

Neighbourhood: Willowdale East

6Beds
7Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
C13634506
Property Type
Detached
Status
active
Days on Site
19
Bedrooms
6
Bathrooms
7
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Willowdale / Newtonbrook
Lot Size
7,190 sqft
Listing Brokerage
RE/MAX REALTRON BIJAN BARATI REAL ESTATE
Description

Expertly Crafted Contemporary Custom Home, Built in 2024 On A Prime Deep Lot (7,190 Sq.Ft ) in Heart of Willowdale East! Over 6,660 Sq.Ft of Elegant & Comfortable Living Spaces (4,780 S.F in Main & 2nd Floor + 1,883 S.F in Basement), One of the Biggest Home in the Area, As the Side Setbacks are 4 Ft & 3 Ft, and Also It's a Deep Lot (160 Feet)! This Beauty Features: 4 + 2 Bedrooms & 7 Washrooms! Stunning Smooth White Pre-Cast Façade with Bricks in Sides and Back! A Functional Open Concept Layout! A Convenient Elevator with 3 Stops! High Ceilings >> 1st Flr: 11', 2nd Flr: 9', Basement Recreation Rm: 11', Library & Foyer: ~14' << Abundant Natural Sun lighting through Lots of Large Windows, several Skylights, and Bay Windows! 7" Wide Engineered Hardwood, and Porcelain Slab Flooring, Led Lighting (Potlights / Light Fixtures/ Chandeliers/ Inlay/ Hidden Rope lights)! Huge Spacious Dining Room, Living Rm, Family Rm with Stylish Gas Fireplace, and Walk-Out to Large Deck and Fully Fenced Deep Pool Sized Backyard. Coffered Ceiling with Ropelights! Large Chef Inspired Kitchen with Quality Cabinetry, Quartz Countertop & Backsplash, State-Of-The-Art Appliances: Sub-Zero / Wolf /Miele, and a Butler Pantry (Spice/Dirty Kitchen). Open Riser Main Staircase with Glass Railing, Wall Paneling, and Skylight above! Breathtaking Huge Master Bedroom with A Fireplace, 7-Pc Spa-Like Ensuite Include Steam Sauna & Boutique Style W/I Closet with A Skylight Above! Large Sized Other 3 Bedrooms with Own Ensuite for Privacy & Comfort! 2nd Floor Laundry! Finished Heated Floor Basement with 3 Walk-Out(s) to a Large Patio. Large Sized Recreation Room Include Rough-In Wet Bar, Rough-In 2nd Laundry, Nanny Room and 3-Pc Ensuite, 2nd Powder Room, A Gym with Window and Glass Doors which Can Be Used As a Bedroom! Convenient Location: Steps Away from Yonge Street, Finch Ave Ttc and Subway, Earl Haig Secondary School, Parks, Mitchell Field Community Centre and All Other Amenities!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$17,688.04/mo

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5-yr fixed avg.

Principal: $3,199,040Interest: $2,107,372
Mortgage Amount$3,199,040
Total Interest$2,107,372
Est. Property Tax$2,832/mo
Total Cost$5,306,412

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 East

Discover Willowdale East

Willowdale 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 Willowdale 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

Willowdale 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

140 Olive Avenue, Willowdale / Newtonbrook

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,850/mo
Range: $4,123 - $5,578
Cap Rate (ROI)
0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,850
Maintenance Fees-$0
Property Tax (est.)-$2,832
Insurance (est.)-$833
Net Cash Flow+$1,185

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

Premium Pricing

At $1143/sqft, this property is priced above the Willowdale average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 19 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.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Willowdale.

Bathroom Count Matters

With 7 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.

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    140 Olive Avenue | $3,998,800 | Battaglia Team