$499,000 - 1060 Sheppard Avenue Unit 1107, Downsview
Condo for Sale in Downsview
70 days on market- MLS Number
- W12972860
- Property Type
- Condo
- Status
- active
- Days on Site
- 70
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Downsview / Black Creek
- Locker
- None
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- GET HOME REALTY INC.
Luxury spacious 1-bedroom suite offers a perfect blend of style and urban comfort. The functional, o/c layout features elegant pot lights, and a gourmet kitchen boasting granite counters with a breakfast bar, custom stone backsplash, and under-cabinet lighting. Relax in the generous living and dining area-large enough for a full-sized table-or retreat to the primary bedroom featuring a walk-in closet and space for a home office. Step out onto the expansive 80 sq. ft. private balcony to enjoy peaceful views of the quiet courtyard and parkette. Ideally located steps from Sheppard West Subway and TTC, and minutes to Yorkdale Mall, York U, Hwy 401, and the GO Train. This full-service building offers 5-star amenities: 24hr concierge, indoor pool, sauna, gym, golf simulator, and ample visitor parking. EXTRA'S:*Granite Counter Top, Stone Back-Splash,Under Cabinet Lighting, Pot Lights, Indoor Pool, Sauna, Gym, Golf Simulator
Estimate your monthly payments for this property
Estimated Payment
$2,560.13/mo
Includes CMHC insurance ($13,922)
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.
1060 Sheppard Avenue Unit 1107, 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
Fair Market Value
At $832/sqft, this property is priced in line with current Downsview market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 70 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.
Efficient Living
At 600 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.
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.