10 Eddystone Avenue Unit 116, Toronto W05

Price: $465,200

4 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13119352

Spacious & Sun Filled 3-Storey Condo Town Conveniently Located With Walking Distance To Parks, Schools & Shops! Ttc At The Door! Close To Highways! Perfect For First Time Home Buyer, Investor Or A Downsizing Family! 4 Bedrooms & Bathrooms! With City View!

10 Eddystone Avenue Unit 116 - Condo photo 1 of 15 in Downsview / Black Creek, Ontario
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$465,200 - 10 Eddystone Avenue Unit 116, Downsview

Condo for Sale in Downsview

4Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13119352
Property Type
Condo
Status
active
Days on Site
29
Bedrooms
4
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Downsview / Black Creek
Locker
None
Exposure
East
Balcony
Terrace
Listing Brokerage
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Description

Spacious & Sun Filled 3-Storey Condo Town Conveniently Located With Walking Distance To Parks, Schools & Shops! Ttc At The Door! Close To Highways! Perfect For First Time Home Buyer, Investor Or A Downsizing Family! 4 Bedrooms & Bathrooms! With City View!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,386.72/mo

Includes CMHC insurance ($12,979)

$
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5%10%50%

5-yr fixed avg.

Principal: $418,680Interest: $284,356
Mortgage Amount$431,659
Total Interest$284,356
Est. Property Tax$330/mo
Total Cost$716,015

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

10 Eddystone Avenue Unit 116, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,160/mo
Range: $2,686 - $3,634
Cap Rate (ROI)
5.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,160
Maintenance Fees-$650
Property Tax (est.)-$330
Insurance (est.)-$97
Net Cash Flow+$2,083

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 $465/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.

Market Position

At 29 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Downsview. Good resale value as demand remains consistent.

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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    10 Eddystone Avenue Unit 116, D… — $465,200 | Battaglia Team