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

    Mona Lisa Residences

    Highlights

    Property Type:
    Condo
    Number of Storeys:
    28
    Number of Units:
    384
    Condo Completion:
    2010
    Condo Demand:
    Medium
    Unit Size Range:
    398 - 1,500 SQFT
    Unit Availability:
    Medium
    Property Management:

    Amenities

    Guest Suites
    Sauna
    Games Room
    Indoor Parking
    Party Room
    Indoor Pool
    Gym
    Concierge
    Visitor Parking
    Rooftop Deck
    Amenity details for reference only. Independently verify accuracy.

    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.

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Not Included

    Listing History for Mona Lisa Residences

    Nov, 2025
    18 Holmes Ave, unit 1115 for rent
    Unit 1115
    Nov 21, 20259 days on strata
    Leased for $2,350Listed for $2,3501 bd + 1 | 1 ba | 500-599 sqft | 1 pkg
    18 Holmes Ave, unit 1606 for rent
    Unit 1606
    Nov 15, 20254 days on strata
    Leased for $2,250Listed for $2,2001 bd | 1 ba | 500-599 sqft | 1 pkg
    Receive listing updates for Willowdale

    Reviews for Mona Lisa Residences

    Lendy H
    January 17 2025
    3 out of 5
    This building has friendly concierge staff and decent upkeep, but issues include summer heat without AC, ongoing remodeling delays, pigeon mess on patios, frequent water shut-offs, and street noise.
    Sharif N
    November 2 2025
    5 out of 5
    Such a great place to live. It's super close to transit, restaurants parks, and the building feels secure and clean. The suites are modern with nice finishes, I’ve never had issues with noise. It’s perfect for young professionals!
    Ed W
    May 31 2025
    Owner
    5 out of 5
    A great place to live with a prime location and a welcoming friendly atmosphere!
    Daniel Santos
    November 12 2025
    3 out of 5
    This building has friendly concierge staff and decent upkeep, but issues include summer heat without AC, ongoing remodeling delays, pigeon mess on patios, frequent water shut-offs, and street noise.
    Camila Lee
    October 30 2025
    3 out of 5
    The location is great - you really can’t beat being THAT close to Finch Station - but the building can get a bit busy and noisy at times. I like the amenities, but the gym could use some upgrades. Overall decent but not amazing.
    Lin B
    February 27 2025
    Visitor
    4 out of 5
    My girlfriend lives here. It's a convenient building with plenty of nearby eats but the lack of a gym is disappointing.
    9

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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
    0 - 14
    12%
    15 - 19
    2%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    22%
    65+
    23%
    Household Income
    $0 - $30,000
    52%
    $30,000+
    26%
    $60,000+
    12%
    $90,000+
    6%
    $125,000+
    2%
    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%



    Days on Strata

    Units at Mona Lisa Residences spend an average of
    36
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance 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 again

    Property Value

    -15%
    Decrease in property value within the past twelve months

    Price Ranking

    58th
    Highest price per SQFT out of 123 condos in the Willowdale area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    65
    Units were Rented over the past twelve months

    Best Value Rank

    Mona Lisa Residences offers the
    ?
    best value out of 123 condos in the Willowdale neighbourhood

    Appreciation Rank

    Mona Lisa Residences has the
    ?
    highest ROI out of 123 condos in the Willowdale neighbourhood

    Rental Yield

    Mona Lisa Residences yields the
    ?
    highest rent prices out of 123 condos in the Willowdale neighbourhood

    High Demand

    Mona Lisa Residences is the
    ?
    most popular building out of 123 condos in the Willowdale neighbourhood

    Market Insights

    Transaction Insights at Mona Lisa Residences

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo DataNo Data$550,000 - $606,000$615,000 - $775,000No Data
    Avg. Cost Per SqftNo DataNo Data$839$773No Data
    Avg. Wait for Unit AvailabilityNo Data43 Days36 Days112 Days108 Days
    Ratio of Units in Building1%34%40%16%11%

    Market Inventory

    Total number of units listed and sold in Willowdale