$999,999 - 100 Wallasey Avenue, Downsview
Detached for Sale in Downsview
64 days on market- MLS Number
- W13000222
- Property Type
- Detached
- Status
- active
- Days on Site
- 64
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downsview / Black Creek
- Listing Brokerage
- RE/MAX EXPERTS
Welcome to 100 Wallasey Avenue - A Rare Opportunity in Humberlea. Step into this beautifully updated detached 1.5-storey home, nestled on a generous 54 x 113 ft lot in one of Toronto's most sought-after communities. With over $70,000 in recent renovations, including a custom kitchen and new flooring on the main level, this property offers comfort, flexibility, and long-term potential. Features for End Users: 3 spacious bedrooms, 2 full bathrooms, Expansive sunroom filled with natural light, Finished basement for added living space, a 20x20 garage footing with 4 ft foundation-ready for future build, Private backyard with firepit and 4-cardriveway parking. Investor & Multi-Family Potential: This unique layout allows for easy conversion into a multi-family home with minimal updates. Live in one unit and rent the other, or rent both for strong cash flow. Builders & Visionaries: Surrounded by luxury homes, this is your chance to build a custom residence in a thriving, upscale neighbourhood. Prime Location Close to top-rated schools, major highways, public transit, parks, places of worship, and Crossroads Smart Centres-everything you need is within reach. This isn't just a listing-it's a launchpad. Whether you're buying to live, invest, or build, 100 Wallasey Ave delivers value, versatility, and vision. Come see it for yourself.
Estimate your monthly payments for this property
Estimated Payment
$5,130.51/mo
Includes CMHC insurance ($27,900)
5-yr fixed avg.
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.
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
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.
100 Wallasey Avenue, Downsview / Black Creek
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1429/sqft, this property is priced above the Downsview average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 64 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.
Detached Home Advantages
Detached homes in Downsview are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $4,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.