Mona Lisa Residences
2Listings for Salefor Sale
7Listings for Rentfor Rent
18 Holmes Ave, 21 Olive Ave, 31 Olive Ave & 578 Doris Ave
Mona Lisa Residences
2Listings for Salefor Sale
7Listings for Rentfor Rent
Walk Score
94
Transit Score
100
Bike Score
51
© MapTiler © OpenStreetMap
0
CONDO Demand
Average
Unit Availability
Above Average
Property Type
Condo
Developer
Harhay Construction Management Ltd
Condo Completion
2010
Property Management
Percel Inc.
Unit Size Range
363 - 1500 SQFT
Number of Units
384
Number of Storeys
28

18 Holmes Ave | Mona Lisa Residences | Toronto, ON

About this condo

Condo Overview

The developers behind 18 Holmes Avenue and 21 Olive Avenue created a challenge for themselves when they named the building the Mona Lisa Residences. While this North York condo from Harhay Construction Management Ltd. may not be considered a priceless work of art, nor is it world famous, it is both timeless and elegant at the same time.

Built in 2010, 18 Holmes and 21 Olive contains 384 Toronto condos and reaches to 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, however 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 18 Holmes Ave and 21 Olive Ave, suites 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 at the Mona Lisa Residences 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 18 Holmes Ave and 21 Olive Ave.

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 in the building 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, and much more. Those heading toward the city centre also have the option to take Yonge Street the entire way.

2

Listings For Sale

Interested in receiving new listings for sale?

Amenities

Rooftop Deck/Garden
Security System
Sauna
Gym
Party/Meeting Room
Media Room
Underground Parking
Guest Suites
Visitor Parking
Business Centre
Indoor Pool
Games Room
Concierge

Maintenance Fees Cover

Maintenance fees include

None

Owner / renter pays separately

Hydro
Heat
Air Conditioning
Water

Past Sold & Rented Listings

Stats, Trends & Rankings

Price Per Square Foot
Mona Lisa Residences vs The Willowdale Area

$76.00
More Expensive
per SQFT compared to the neighbourhood average
Mona Lisa Residences's Avg
price per SQFT
$900
/ SQFT
Neighbourhood Avg
price per SQFT
$824
/ SQFT

Building Trends At Mona Lisa Residences

Days on Market

Units at Mona Lisa Residences spend an average of
23
Days on Market
based on recent sales

List vs Selling Price

On average, these condos sell for
4%
above
the list price.

Offer Competition

Condos in this building have an

AVERAGE
chance of receiving
Multiple Offers

Turnover of Units

On average, each unit is owned for
5.4
YEARS before being sold again

Property Value

2%
Increase in property value within the past twelve months

Price Ranking

30th
Highest price per SQFT out of 100 condos in the Willowdale area

Sold Units

27
Units were Sold over the past twelve months

Rented Units

77
Units were Rented over the past twelve months

Best Value

Mona Lisa Residences offers the
?
best value out of 100 condos in the Willowdale neighbourhood

Return on Investment

Mona Lisa Residences has the
?
highest ROI out of 100 condos in the Willowdale neighbourhood

Rental Yield

Mona Lisa Residences yields the
?
highest rent prices out of 100 condos in the Willowdale neighbourhood

High Demand

Mona Lisa Residences is the
?
most popular building out of 100 condos in the Willowdale neighbourhood

Sales vs Rental Values For This Condo

Studio400 - 400 SQFT
Average Cost Per Sqft
N/A
Sales Price Range
N/A
Rental Price Range$1,500 - $1,500
1 Bed400 - 865 SQFT
Average Cost Per Sqft$868
Sales Price Range$452,500 - $571,500
Rental Price Range$1,550 - $1,850
1 Bed + Den514 - 782 SQFT
Average Cost Per Sqft$850
Sales Price Range$500,000 - $669,000
Rental Price Range$1,750 - $2,150
2 Bed843 - 1299 SQFT
Average Cost Per Sqft$757
Sales Price Range$599,000 - $892,450
Rental Price Range$1,980 - $2,600
2 Bed + Den900 - 1099 SQFT
Average Cost Per Sqft$723
Sales Price Range$793,000 - $793,000
Rental Price Range$2,200 - $2,600

How Often Are Units Listed?

Studio363 - 400 SQFT
Average Sales Availability
N/A
Average Rental Availability
Every1068Days
Ratio of Unit Type in Building1%
1 Bed400 - 865 SQFT
Average Sales Availability
Every35Days
Average Rental Availability
Every17Days
Ratio of Unit Type in Building34%
1 Bed + Den514 - 965 SQFT
Average Sales Availability
Every27Days
Average Rental Availability
Every16Days
Ratio of Unit Type in Building40%
2 Bed740 - 1350 SQFT
Average Sales Availability
Every86Days
Average Rental Availability
Every48Days
Ratio of Unit Type in Building17%
2 Bed + Den900 - 1500 SQFT
Average Sales Availability
Every77Days
Average Rental Availability
Every90Days
Ratio of Unit Type in Building11%
3 Bed + Den1300 - 1300 SQFT
Average Sales Availability
Every494Days
Average Rental Availability
N/A
Ratio of Unit Type in Building1%

Maintenance Fees
Mona Lisa Residences vs The Willowdale Area

$0.03
Less Expensive
per SQFT compared to the neighbourhood average
Mona Lisa Residences's Avg
monthly maintenance
fee per SQFT
$0.65
/ SQFT
Neighbourhood Avg
monthly maintenance
fee price per SQFT
$0.68
/ SQFT

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