$899,000 - 108 Lexfield Avenue, Downsview
Detached for Sale in Downsview
- MLS Number
- W13156628
- Property Type
- Detached
- Status
- active
- Days on Site
- 28
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Downsview / Black Creek
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
108 Lexfield Ave presents a rare opportunity to own a truly one-of-a-kind custom home, thoughtfully built by W.C. Meek and cherished by the same family for years. This well-loved and meticulously maintained two-storey detached residence offers over 1,500 sq. ft. of above grade beautifully designed living space, featuring 4 spacious bedrooms, 3 bathrooms, and the convenience of second-floor laundry. Quality craftsmanship is evident throughout, with red oak hardwood flooring, Ridley windows, and a functional layout designed for comfortable family living. The bright interior is filled with natural light and showcases spectacular sunsets, while the excellent sun exposure creates ideal conditions for outdoor living. Outside, enjoy a durable composite deck and raised garden beds. The unfinished basement adds exceptional flexibility, complete with a rough-in for a fourth bathroom, cantina/cold storage, and sump pump offer endless possibilities to customize the space to suit your needs. Important updates include a furnace (2018) and central air conditioning (2021), providing peace of mind for years to come. Set in a welcoming, family-oriented neighbourhood in Toronto, this home offers unmatched convenience. The TTC bus stop is just a one-minute walk away, while Roding Park, with its pool and arena, and Giovanni Caboto Park are both nearby for year-round recreation. Families will appreciate access to respected local schools, including Tumpane Public School, St. Conrad Catholic School, Pierre Laporte Middle School, Downsview Secondary School, and Madonna Catholic Secondary School, as well as the close proximity to Humber River Hospital. With easy access to Highways 401 and 400, plus grocery stores, pharmacies, and shopping just minutes away, this is a truly special home in one of Toronto's most established and amenity-rich communities.
Estimate your monthly payments for this property
Estimated Payment
$4,612.34/mo
Includes CMHC insurance ($25,082)
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.
108 Lexfield 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
Competitive Pricing
At $599/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 28 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.
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.
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.
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 $3,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.