Maintenance Fees
Mona Lisa Residences vs The Willowdale Area
223 - 31 Olive Ave
For SaleMona Lisa Residences
3.5
38 Days on Strata
$830,000
Price Cut: $850,000
Price Cut: $850,000
2 Beds
3 Bath
1 Parking
1,000 - 1,199 SQFT
Listing History
2025 - Mar 06 • 38 days on Strata
for sale$830,000
Mar 01, 2025 • 67 days on Strata
expired$869,000
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Details
Property Type:
Condo
Maintenance Fees:
$791/mth
Taxes:
$3,948 (2024)
Cost Per Sqft:
$692 - $830/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
South
Possession Date:
60 days/TBA
Laundry:
Main
Amenities
Guest Suites
Indoor Pool
Concierge
Indoor Parking
Visitor Parking
Lap Pool
Security System
Business Centre
Gym
Games Room
Rooftop Deck
Party Room
Sauna
Media Room
About this Listing
Stunning 2 Bedroom 3 Bathroom Stacked townhouse Unit With Efficient Floor Layout. This is a upper unit, enjoy lots of Natural light ,1st&2nd floor 9' Ceilings, Large Kitchen W/Stainless Steel Appliances, south facing, Sun Filled Living Room, Balcony Facing The Quiet Courtyard, Upgraded Hardwood Floor throughout. Indoor Access To Parking. Steps To TTC, Restaurants, Parks, Great Schools & More. Step to Finch subway Station. Access to amenities at 18 Holmes like indoor swimming pool, outdoor terrace, party room, fitness,Etc.,Short drive to Hwy-401.
ExtrasS/S Fridge(2022), S/S Stove, Range Hood w/ Microwave, Dishwasher, Washer/Dryer(2023)
rife realtyMLS® #C12005589
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
hardwood floor, O/Looks Garden, Walkout To Balcony
14.6 x 11.19ft
Dining
hardwood floor, Open Concept
8.83 x 7.81ft
Kitchen
Ceramic Floor, Granite Counter, Stainless Steel Appliances
6 x 12.93ft
Office
Combined with Living, hardwood floor, Balcony
3.61 x 5.41ft
Primary
hardwood floor, South View, 4 Piece Ensuite
18.31 x 11.09ft
2nd Bedroom
hardwood floor, South View, Closet
8.89 x 8.99ft
Buyer's Market
Balanced
Seller's Market
3.5
Building Spotlight
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Commute Calculator
9/10
Walkability
One small step for you. One giant leap towards never needing a gym membership.
10/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
5/10
Bikeability
A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
32,007
Average Individual Income
$57,784
Average Household Size
3 persons
Average Age
54
Average Household Income
$98,978
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
38%
High Rise Apartment
21%
Semi Detached
20%
Low Rise Apartment
10%
Duplex
8%
Marital Status
Commute
Languages (Primary Language)
English
51%
Cantonese
18%
Mandarin
13%
Other
11%
Tamil
3%
Tagalog
2%
Spanish
1%
Urdu
1%
Education
University and Above
29%
High School
28%
None
19%
College
16%
Apprenticeship
3%
University Below Batchelor
2%
Major Field of Study
Business Management
27%
Architecture & Engineering
19%
Health & Related Fields
13%
Social Sciences
10%
Math & Computer Sciences
7%
Physical Sciences
5%
Humanities
4%
Education
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
2%
Building Trends At Mona Lisa Residences
Days on Strata
Units at Mona Lisa Residences spend an average of
28
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
above
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Willowdale
Turnover of Units
On average, each unit is owned for
5.2
YEARS before being sold againProperty Value
-7%
Decrease in property value within the past twelve months
Price Ranking
39th
Highest price per SQFT out of 119 condos in the Willowdale area
Sold Units
9
Units were Sold over the past twelve months
Rented Units
48
Units were Rented over the past twelve months
Best Value Rank
Mona Lisa Residences offers the best value out of 119 condos in the Willowdale neighbourhood
?
Appreciation Rank
Mona Lisa Residences has the highest ROI out of 119 condos in the Willowdale neighbourhood
?
Rental Yield
Mona Lisa Residences yields the highest rent prices out of 119 condos in the Willowdale neighbourhood
?
High Demand
Mona Lisa Residences is the most popular building out of 119 condos in the Willowdale neighbourhood
?
Market Insights
Transaction Insights at Mona Lisa Residences
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | No Data | $540,000 - $630,000 | $550,000 - $606,000 | No Data | $740,000 |
| Avg. Cost Per Sqft | No Data | $945 | $823 | No Data | $719 |
| Price Range | $2,000 - $2,050 | $2,200 - $2,400 | $2,350 - $2,750 | $2,890 - $3,300 | $2,850 - $3,750 |
| Avg. Wait for Unit Availability | No Data | 40 Days | 34 Days | 114 Days | 107 Days |
| Avg. Wait for Unit Availability | 365 Days | 20 Days | 15 Days | 51 Days | 77 Days |
| Ratio of Units in Building | 1% | 33% | 40% | 17% | 11% |
Market Inventory
Total number of units listed and sold in Willowdale
