28 Olive Avenue, Toronto, ON

$489,000
MLS#:C8398624
2 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Willowdale East. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $489,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient heat pump heating via gas

Description

Bright and spacious 1 bed + den + 1 bathroom condo with a private entrance and extra high ceilings located only steps away from Yonge and Finch Subway station. Over 740 Sqft of living space! This unit boasts 683 Sqft interior living space, and a ground floor (+59sf) terrace surrounded by gardens; the perfect place for morning coffee. An open concept layout and a split bedroom design is an ideal layout for privacy and entertaining. The Primary bedroom is large enough for a queen size bed and has a full size closet! The den is currently used as an office and has been used as a guest bedroom. 1 parking spot is conveniently located beside the elevator plus plenty of visitor parking, and 1 locker is included for extra storage. Walk to all the amenities you could need: Subway, Shops, Restaurants, Parks and more!

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 10, 2024
Sold price information is available to members only
Listed Date6/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$2,117.25

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Hospital, Library, Park, Public Transit, Rec./Commun.Centre, School

Interior Features

None

Security Features

Concierge/Security, Alarm System

Community Features

Location

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28 Olive Avenue, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 28 Olive Avenue 105, Toronto C14, ON M2N 7E6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$24,450 (5.0%)
* Minimum Canadian down payment required for this price is $24,450.
Amortization Period25 Years
Estimated Monthly Payment$2,768Based on a loan of $464,550 over 25 years.
Purchase Price$489,000
Loan Amount$464,550
Provincial Land Transfer Tax:$6,255
Toronto Municipal Land Transfer Tax:$6,255
Total Estimated Closing Taxes:$12,510

About Purchasing a Home in Toronto, ON

For a property listed at $489,000 in Toronto, the legal minimum down payment is $24,450 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,255 also applies, bringing the total estimated land transfer taxes to $12,510.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Willowdale East, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,000,615

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Earl Haig
Public100 Princess Avenue, North York, Toronto, Ontario, M2N 3R7
6.9
St Gabriel
Public396 Spring Garden Avenue, North York, Toronto, Ontario, M2N 3H5
5.4
St Antoine Daniel
Public160 Finch Avenue West, North York, Toronto, Ontario, M2N 2J2
5.8
St Andrew
Public131 Fenn Avenue, Toronto, Ontario, M2P 1X7
4.1
St Paschal Baylon
Public15 St Paschal Court, Toronto, Ontario, M2M 1X6
7.2

Secondary Schools

Earl Haig
Public100 Princess Avenue, North York, Toronto, Ontario, M2N 3R7
8.9
Cardinal Carter-Arts
Public36 Greenfield Avenue, North York, Toronto, Ontario, M2N 3C8
9.3
Monseigneur-de-Charbonnel
Public110 Drewry Avenue, North York, Toronto, Ontario, M2M 1C8
6.2
Loretto Abbey
Public101 Mason Boulevard, Toronto, Ontario, M5M 3E2
7.6
Lester B Pearson
Public7 Snowcrest Avenue, Toronto, Ontario, M2K 2K5
5.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.