MLS® listing
20 Olive Avenue 1907: common element condo for sale
$399,990
From the listing brokerage
Welcome to this bright and inviting 1-bedroom unit at 20 Olive Avenue, offering a perfect blend of comfort and convenience in a highly sought-after location. Situated in a well-established, well-managed building, this thoughtfully updated unit features a functional open-concept living and dining area, a well-appointed kitchen, and a spacious bedroom with new flooring and ample closet space. Enjoy the added value of one parking space and a private locker, providing both convenience and extra storage. Ideal for first-time buyers, investors, or those looking to downsize, this home offers low-maintenance living in a mature community. Conveniently located close to transit, shopping, restaurants, parks, and all essential amenities, this property provides easy access to everything you need.
Facts on the listing
| Square feet | 500-599 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $551 |
| Property tax | $2,021 |
| Tax year | 2025 |
| Locker | Owned |
| Pets | No |
| Exposure | East |
| Fee includes | Hydro Included, Water Included, CAC Included, Common Elements Included, Parking Included |
| Balcony | Open |
| Laundry | Ensuite |
| Interior features | Accessory Apartment |
| Floor | 19 |
Listing courtesy of FIRST CLASS REALTY INC.. MLS® C13642424.
About this common element condo
20 Olive Avenue 1907 is a 1 bedroom common element condo in TRREB's Willowdale East community in Toronto, listed for sale at $399,990. The listing shows 1 bathroom and 500-599 square feet. The style is given as apartment. The unit faces east. It comes with 1 parking space, an underground garage and a locker (owned) according to the listing. The nearest main intersection given is Yonge/Finch.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
What it costs to buy 20 Olive Avenue 1907
At the asking price of $399,990, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $399,990 |
|---|---|
| Ontario land transfer tax | $4,475 |
| Toronto municipal land transfer tax | $4,475 |
| Both taxes | $8,950 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $20,000 |
The down payment figure is the federal minimum: 5 percent of the price. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $551 a month |
|---|---|
| Property tax (2025) | $2,021 a year, about $168 a month |
| Fee and tax together | about $720 a month |
The listing says the maintenance fee includes hydro, water, cac, common elements and parking. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "No".
- Confirm the parking and locker. The listing shows 1 parking space and a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
About Willowdale
Willowdale runs along Yonge Street with three Line 1 stations, apartment towers near the subway and detached houses further out. TRREB splits it into Willowdale East and Willowdale West.
Transit: Finch, North York Centre and Sheppard-Yonge stations (Line 1), Line 4 at Sheppard-Yonge, 97 Yonge, 36 Finch West, 84 Sheppard West and 98 Willowdale-Senlac buses, GO buses at Finch terminal, Old Cummer GO on Leslie Street
| Property type | Median | Sales and average |
|---|---|---|
| Willowdale East, all property types | $630,000 | 214 sales, average $953,036 |
| Willowdale East, detached | About $2,400,000 | 33 sales, average about $2,534,000 |
| Willowdale East, freehold townhouse (TRREB att/row/townhouse) | About $1,463,000 | 6 sales, average about $1,400,000 |
| Willowdale East, condo townhouse | About $1,025,000 | 22 sales, average about $895,000 |
| Willowdale East, condo apartment | About $570,000 | 153 sales, average about $603,000 |
| Willowdale West, all property types | $764,000 | 60 sales, average $1,087,371 |
| Willowdale West, detached | About $1,386,000 | 22 sales, average about $1,799,000 |
| Willowdale West, condo apartment | About $628,000 | 35 sales, average about $657,000 |
Source: TRREB community housing market reports, as set out in the guide.
Questions about Willowdale
Is Willowdale a good neighbourhood if you commute by subway?
It has three Line 1 stations along Yonge Street: Finch, North York Centre and Sheppard-Yonge, where Line 4 also stops. From Finch station, Union station is 16 stops on Line 1.
What is the difference between Willowdale East and Willowdale West?
They are separate TRREB communities. From April to June 2026 Willowdale East had 214 sales at a median of $630,000 and Willowdale West had 60 sales at a median of $764,000, all property types.
What do detached houses cost in Willowdale?
From April to June 2026 TRREB recorded a detached median of about $2,400,000 across 33 sales in Willowdale East and about $1,386,000 across 22 sales in Willowdale West. The West average of about $1,799,000 is well above its median, so individual sales vary widely.
Where is the main library in Willowdale?
The Toronto Public Library North York Central Library is at 5120 Yonge Street, beside the North York Civic Centre and close to North York Centre station.
Is there a GO station in Willowdale?
Finch station has a GO and York Region bus terminal and Old Cummer GO station is at 5760 Leslie Street to the east.
Read the Willowdale neighbourhood guide · All Willowdale homes for sale
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Questions about 20 Olive Avenue 1907
How much is land transfer tax on 20 Olive Avenue 1907?
At the asking price of $399,990 the Ontario tax is $4,475 and the Toronto tax is $4,475, $8,950 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 20 Olive Avenue 1907?
$20,000 at the asking price of $399,990, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 20 Olive Avenue 1907?
The listing shows $551 a month, including hydro, water, cac, common elements and parking. Check the current fee in the status certificate.
How much is the property tax on 20 Olive Avenue 1907?
The listing shows $2,021 a year for 2025, about $168 a month.
How do I book a showing for 20 Olive Avenue 1907?
Use the form on this page or call us. Quote MLS® C13642424. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 20 Olive Avenue 1907 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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