1 Four Winds Drive Unit 1004, Toronto W05

Price: $574,999

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W12984850

Step into a home that instantly feels warm, bright, and inviting. Perched on the tenth floor, this beautifully renovated 3-bedroom, 2-bath corner suite offers 1,225 sq. ft. of airy, open-concept living - perfect for both quiet mornings and lively gatherings. Southeast and southwest exposure fills the space with natural light throughout the day. Thoughtfully updated in 2026 with modern flooring, fresh paint, new light fixtures throughout, and refreshed bathrooms with new vanities, this move-in-ready home blends comfort with a clean, contemporary style. Maintenance fees include all utilities, making everyday living that much simpler. Enjoy a full range of amenities - unwind in the indoor pool or sauna, stay active in the fitness centre and squash courts, host in the party room, and benefit from visitor parking and security within a well-established community. The location offers unmatched convenience - steps to Finch West Subway, York University, parks, schools, shopping, and everyday essentials. With quick access to major highways, Downsview Park, community centres, and Humber River Hospital are all close by. A place where comfort, lifestyle, and location come together.

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$574,999 - 1 Four Winds Drive Unit 1004, Downsview

Condo for Sale in Downsview

69 days on market
3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W12984850
Property Type
Condo
Status
active
Days on Site
69
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Downsview / Black Creek
Locker
Exclusive
Exposure
South West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE REALTY PLUS
Description

Step into a home that instantly feels warm, bright, and inviting. Perched on the tenth floor, this beautifully renovated 3-bedroom, 2-bath corner suite offers 1,225 sq. ft. of airy, open-concept living - perfect for both quiet mornings and lively gatherings. Southeast and southwest exposure fills the space with natural light throughout the day. Thoughtfully updated in 2026 with modern flooring, fresh paint, new light fixtures throughout, and refreshed bathrooms with new vanities, this move-in-ready home blends comfort with a clean, contemporary style. Maintenance fees include all utilities, making everyday living that much simpler. Enjoy a full range of amenities - unwind in the indoor pool or sauna, stay active in the fitness centre and squash courts, host in the party room, and benefit from visitor parking and security within a well-established community. The location offers unmatched convenience - steps to Finch West Subway, York University, parks, schools, shopping, and everyday essentials. With quick access to major highways, Downsview Park, community centres, and Humber River Hospital are all close by. A place where comfort, lifestyle, and location come together.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,950.04/mo

Includes CMHC insurance ($16,042)

$
$
5%10%50%

5-yr fixed avg.

Principal: $517,499Interest: $351,471
Mortgage Amount$533,541
Total Interest$351,471
Est. Property Tax$407/mo
Total Cost$885,013

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Downsview / Black Creek

Discover Downsview / Black Creek

Downsview / Black Creek is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Downsview / Black Creek

  • Convenient location in Downsview / Black Creek
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Downsview / Black Creek offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1 Four Winds Drive Unit 1004, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$407
Insurance (est.)-$120
Net Cash Flow+$1,613

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $479/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 69 days on site, this property has exceeded the typical selling timeline for Downsview. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Investment Perspective

Looking at this as an investment: Downsview properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,396 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1 Four Winds Drive Unit 1004 | $574,999 | Battaglia Team