$759,900 - 1100 Sheppard Avenue Unit LPH08, Downsview
Condo for Sale in Downsview
- MLS Number
- W13141132
- Property Type
- Condo
- Status
- active
- Days on Site
- 30
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Downsview / Black Creek
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- BAY STREET GROUP INC.
This one-year-new corner Lower Penthouse offers stylish modern living with exceptional amenities in a prime location. Featuring a spacious open-concept layout, the unit is filled with natural light through floor-to-ceiling windows and finished with sleek laminate flooring throughout. The contemporary kitchen is designed for both function and style, complete with stainless steel appliances, granite countertops, and a chic backsplash. Enjoy the convenience of ensuite laundry, one parking space, and one locker, with the underground parking spot equipped with an electric vehicle charging station. Step out onto the expansive wrap-around balcony, ideal for relaxing or entertaining while taking in the surroundings. Located just steps to Sheppard West Station, this penthouse offers effortless access to downtown Toronto. Surrounded by everyday conveniences, residents are close to Downsview Park, Yorkdale Shopping Centre, and a wide selection of restaurants and shops. Easy access to Highway 401 and Allen Road ensures seamless travel across the city. Building amenities include a fitness centre, rooftop terrace, and 24-hour concierge service. Photos taken prior to occupancy; virtually staged for partial room. Total sqft including balcony.
Estimate your monthly payments for this property
Estimated Payment
$3,898.68/mo
Includes CMHC insurance ($21,201)
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.
1100 Sheppard Avenue Unit LPH08, 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 $633/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 30 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.
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.
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 $3,166 (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.