108 Hisey Crescent, Toronto W05

Price: $899,999

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: W12986848

Welcome to 108 Hisey Crescent - A Lovingly Maintained Semi-Detached in the Heart of North York! Proudly cared for by the same owner since 2001, this beautiful home sits on a prime corner lot with a TTC bus stop right at your front door commuting doesn't get more convenient than this! The upper level offers 3 spacious bedrooms, a bright and generous living area, a brand new full washroom, and elegant 48x48 tile flooring throughout. Step out onto your private balcony and enjoy your morning coffee or unwind after a long day, with parking for up to 5 cars on the driveway. The fully finished basement features a brand new modern kitchen with high-end appliances, built-in oven, and countertop stove, a recreational room perfect for entertaining, a brand new washroom, and stylish 48x96 porcelain tile flooring - ideal for extended family or extra income potential. Complete with a single private garage, this home has everything a family needs. Situated in a sought-after, family-friendly neighborhood just minutes from York University, top public and Catholic schools, Hwy 400/401, supermarkets, shopping, restaurants, and parks. Rare corner lot. Unbeatable location. This one won't last!!! Upgrades: Basement/Kitchen (2024), new roof (2023), furnace (2020), upper washroom (2 years)

108 Hisey Crescent - Semi-Detached photo 1 of 29 in Downsview / Black Creek, Ontario
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$899,999 - 108 Hisey Crescent, Downsview

Semi-Detached for Sale in Downsview

68 days on market
3Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
W12986848
Property Type
Semi-Detached
Status
active
Days on Site
68
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Downsview / Black Creek
Listing Brokerage
RE/MAX PREMIER INC.
Description

Welcome to 108 Hisey Crescent - A Lovingly Maintained Semi-Detached in the Heart of North York! Proudly cared for by the same owner since 2001, this beautiful home sits on a prime corner lot with a TTC bus stop right at your front door commuting doesn't get more convenient than this! The upper level offers 3 spacious bedrooms, a bright and generous living area, a brand new full washroom, and elegant 48x48 tile flooring throughout. Step out onto your private balcony and enjoy your morning coffee or unwind after a long day, with parking for up to 5 cars on the driveway. The fully finished basement features a brand new modern kitchen with high-end appliances, built-in oven, and countertop stove, a recreational room perfect for entertaining, a brand new washroom, and stylish 48x96 porcelain tile flooring - ideal for extended family or extra income potential. Complete with a single private garage, this home has everything a family needs. Situated in a sought-after, family-friendly neighborhood just minutes from York University, top public and Catholic schools, Hwy 400/401, supermarkets, shopping, restaurants, and parks. Rare corner lot. Unbeatable location. This one won't last!!! Upgrades: Basement/Kitchen (2024), new roof (2023), furnace (2020), upper washroom (2 years)

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,617.46/mo

Includes CMHC insurance ($25,110)

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5-yr fixed avg.

Principal: $809,999Interest: $550,129
Mortgage Amount$835,109
Total Interest$550,129
Est. Property Tax$637/mo
Total Cost$1,385,238

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

108 Hisey Crescent, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$1,976

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

Fair Market Value

At $818/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 68 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.

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 $3,750 (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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