$749,000 - 1070 Sheppard Avenue Unit PH11, Downsview
Condo for Sale in Downsview
New — Listed yesterday- MLS Number
- W13443156
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Downsview / Black Creek
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP REALTY SYSTEMS INC.
Rarely Available Penthouse Suite in a Highly Sought-After Location. Experience elevated living in this bright and spacious two-storey 2+1 bedroom, 3-bathroom penthouse, offering over 1,200 sq. ft. of elegant living space. Designed with an exceptional open-concept layout and stylish upgrades throughout, this residence blends luxury with comfort. The modern kitchen features stainless steel appliances, quartz countertops, tile backsplash, and upgraded cabinetry. Step inside to a bright and airy sanctuary with soaring 9-foot ceilings and continuous upgraded hardwood flooring. The living and dining areas boast high ceilings and a walk-out to an oversized balcony showcasing stunning panoramic views of the city and the new Rogers Stadium. The spacious primary suite includes a walk-in closet and luxurious ensuite bath, while the den provides flexibility as a third bedroom or home office. Ideally located just steps from Sheppard West Subway Station, with quick access to Highways 401, 400, and 404, this home offers unmatched convenience. Enjoy proximity to top-rated schools, expansive parks, Yorkdale Shopping Centre, Downsview Park, and a diverse selection of dining and retail options. Additional Features: Modern finishes throughout - 9-ft ceilings, upgraded hardwood floors, remodeled closets, quartz and natural stone surfaces, custom kitchen and baths, upgraded cabinetry, and in-unit storage. Building Amenities: 24-hour concierge, indoor pool, sauna, fitness centre, visitor parking, guest suites, party room, and theatre room.
Estimate your monthly payments for this property
Estimated Payment
$3,842.76/mo
Includes CMHC insurance ($20,897)
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.
1070 Sheppard Avenue Unit PH11, 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
Competitive Pricing
At $624/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Downsview's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $3,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.