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    Mona Lisa Residences
    by Harhay Construction Management Ltd

    18 Holmes Avenue & 21 Olive Avenue & 31 Olive Avenue & 578 Doris Avenue

    3for Sale
    3for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    28
    Number of Units:
    384
    Condo Completion:
    2010
    Condo Demand:
    High
    Unit Size Range:
    359 - 1,500 SQFT
    Unit Availability:
    Medium
    Property Management:
    Percel Inc.

    Listing History for Mona Lisa Residences

    Amenities

    Lap Pool
    Visitor Parking
    Indoor Pool
    Sauna
    Security System
    Gym Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 18 Holmes AvenueMona Lisa Residences

    Built in 2010, 18 Holmes Ave and 21 Olive Ave contain 384 North York condos reaching 28 storeys. The Glass tower features a slightly rounded façade and more traditional stone base, yet the amenities offered to its residents are anything but conventional.

    Sure, other buildings also feature rooftop terraces. But this one stands out for being equipped with barbecues, a gazebo, and a putting green. Inside the building is the da Vinci Club & Spa, with its indoor swimming pool, lap pool, and hot tub, alongside a gym with change rooms, lockers, steam rooms, and a massage room. 18 Holmes Ave and 21 Olive Ave also boasts a billiards room, a theatre, one guest suite, a business centre, a party room with a bar, dance floor, piano, and terrace, and a private dining room with a kitchen.

    The landscaping at the Mona Lisa Residences is equally impressive, with the building featuring a water garden with waterfall and reflecting pool, as well as a Circular driveway leading up to the main entrance. And last but not least, there’s a concierge available to assist residents with whatever they need 24-hours a day.

    The Suites

    There’s plenty of variation at 18 Holmes Ave and 21 Olive Ave, with suites ranging in size from 450 to 1,500 square feet, and consisting of studio to three bedroom plus den homes. 74 of these are townhouse units with street access, some of which feature sizeable gardens.

    For some condo seekers, the selling point for the building is the environmentally-friendly features. For example, homes contain double-glazed, low emissivity windows, Energy Star stacked washers and dryers, and a switch at the front door that shuts off every single light at once. Then there are the bathrooms, which are equipped with high pressure, low flow showerheads and dual-flush toilets.

    As for the aesthetics at the Mona Lisa Residences, suites here feature engineered oak hardwood flooring in living and dining rooms, granite or porcelain in foyers, and carpet in bedrooms and dens. Kitchens, on the other hand, boast granite or porcelain floors, as well as granite countertops and Energy Star appliances.

    Every home in the building also feels bright and spacious thanks to 9-foot ceilings, balconies, and floor-to-ceiling windows. And those interested in penthouses can expect premium appliances, Jacuzzis and rainfall showerheads in master bathrooms, and two parking spaces.

    The Neighbourhood

    Situated in the north end of the Willowdale neighbourhood, and just around the corner from Yonge Street, residents living here won’t have any trouble finding a place to eat. And while this stretch of Yonge has been nicknamed Koreatown North, there are also plenty of Japanese and Chinese restaurants in the neighbourhood.

    When residents choose to cook for themselves, they can start with a trip to Loblaws at Empress Walk or Whole Foods at the corner of Yonge and Sheppard. Another great option is M2M, a Korean supermarket on Yonge Street, just south of the Mona Lisa Residences.

    Transportation

    Living so close to Yonge Street has its perks, one of which is being able to walk to Finch Station in less than 5 minutes. From here, passengers can hop onto subway trains heading toward downtown Toronto, with the entire journey to Union Station taking less than 40 minutes.

    Drivers living at 18 Holmes Ave can use Yonge Street to reach the 401, a major east-west highway that offers access to the 427, the Don Valley Parkway, Pearson International Airport, plus so much more. Those heading toward the city centre also have the option to take Yonge Street the entire way.

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    Listings For Sale

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    Listings For Rent

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    Nearby Amenities

    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!'

    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
    $54,202
    Average Household Size
    0 persons
    Average Age
    3
    Average Household Income
    $96,080
    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
    Cantonese
    11%
    Indigenous Language
    34%
    Tagalog
    1%
    Mandarin
    8%
    Tamil
    2%
    English
    33%
    Other
    11%
    Education
    High School
    28%
    Apprenticeship
    3%
    University and Above
    29%
    College
    16%
    University Below Batchelor
    2%
    None
    19%
    Major Field of Study
    Personal, Protective & Transportation Services
    3%
    Humanities
    4%
    Health & Related Fields
    13%
    Architecture & Engineering
    19%
    Physical Sciences
    5%
    Math & Computer Sciences
    7%
    Social Sciences
    10%
    Education
    4%
    Visual & Performing Arts
    2%
    Business Management
    27%

    Price Trends

    Building Trends At Mona Lisa Residences

    Days on Strata

    Units at Mona Lisa Residences spend an average of
    13
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.1
    YEARS before being sold again

    Property Value

    5%
    Increase in property value within the past twelve months

    Price Ranking

    52nd
    Highest price per SQFT out of 111 condos in the Willowdale area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    54
    Units were Rented over the past twelve months

    Best Value Rank

    Mona Lisa Residences offers the
    ?
    best value out of 111 condos in the Willowdale neighbourhood

    Appreciation Rank

    Mona Lisa Residences has the
    ?
    highest ROI out of 111 condos in the Willowdale neighbourhood

    Rental Yield

    Mona Lisa Residences yields the
    ?
    highest rent prices out of 111 condos in the Willowdale neighbourhood

    High Demand

    Mona Lisa Residences is the
    ?
    most popular building out of 111 condos in the Willowdale neighbourhood

    Transaction Insights at 18 Holmes Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$585,000$620,000 - $730,900$745,000 - $786,000No Data
    Avg. Cost Per SqftNo Data$1,092$925$916No Data
    Avg. Wait for Unit AvailabilityNo Data38 Days30 Days126 Days84 Days
    Ratio of Units in Building1%33%40%17%11%

    Maintenance Fees

    Mona Lisa Residences vs The Willowdale Area

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