15 James Finlay Way Unit 613, Toronto W05

Price: $409,900

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: W13007070

Bright and spacious, gorgeous one-bedroom condo (approx. 600sf + balcony) with a parking space and a locker, featuring unobstructed views, low maintenance fees, and conveniently located at Keele St. & Hwy 401. The ideal floor plan features a large modern open concept kitchen with granite counters, full-sized stainless steel appliances and a breakfast bar. The spacious living room and dining room area includes lots of wall space for your living room furniture, great space for your dining room or home office space, and a walk-out to the private balcony. The huge master bedroom, which can easily accommodate a king-sized bed, features a large picture window and a double-door closet. The front foyer includes a coat closet, a laundry closet and a beautiful 4-piece bathroom. The condo has been freshly painted and features new laminate floors (2025). The luxurious amenities include a 24/7 concierge, a large modern gym, a party room, a cozy theatre, a guest suite, an outdoor terrace with seating and BBQs and lots of visitor parking on the 3rd floor (20 visitor spots). All the amenities are on the 6th floor at the other end of the hall. Steps to the TTC and close to the Wilson subway station, which offers quick access to downtown. Short drive to Highway 401. Enjoy the convenience of the many great neighbourhood grocery stores, coffee shops and restaurants. Near Humber River Regional Hospital, Yorkdale Mall and York University. Floor plan attached.

15 James Finlay Way Unit 613 - Condo photo 1 of 30 in Downsview / Black Creek, Ontario
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$409,900 - 15 James Finlay Way Unit 613, Downsview

Condo for Sale in Downsview

63 days on market
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
W13007070
Property Type
Condo
Status
active
Days on Site
63
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Downsview / Black Creek
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
CHESTNUT PARK REAL ESTATE LIMITED
Description

Bright and spacious, gorgeous one-bedroom condo (approx. 600sf + balcony) with a parking space and a locker, featuring unobstructed views, low maintenance fees, and conveniently located at Keele St. & Hwy 401. The ideal floor plan features a large modern open concept kitchen with granite counters, full-sized stainless steel appliances and a breakfast bar. The spacious living room and dining room area includes lots of wall space for your living room furniture, great space for your dining room or home office space, and a walk-out to the private balcony. The huge master bedroom, which can easily accommodate a king-sized bed, features a large picture window and a double-door closet. The front foyer includes a coat closet, a laundry closet and a beautiful 4-piece bathroom. The condo has been freshly painted and features new laminate floors (2025). The luxurious amenities include a 24/7 concierge, a large modern gym, a party room, a cozy theatre, a guest suite, an outdoor terrace with seating and BBQs and lots of visitor parking on the 3rd floor (20 visitor spots). All the amenities are on the 6th floor at the other end of the hall. Steps to the TTC and close to the Wilson subway station, which offers quick access to downtown. Short drive to Highway 401. Enjoy the convenience of the many great neighbourhood grocery stores, coffee shops and restaurants. Near Humber River Regional Hospital, Yorkdale Mall and York University. Floor plan attached.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,103.00/mo

Includes CMHC insurance ($11,436)

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5-yr fixed avg.

Principal: $368,910Interest: $250,554
Mortgage Amount$380,346
Total Interest$250,554
Est. Property Tax$290/mo
Total Cost$630,900

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

15 James Finlay Way Unit 613, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$290
Insurance (est.)-$85
Net Cash Flow+$1,100

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 $820/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 63 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 500 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.

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    15 James Finlay Way Unit 613 | $409,900 | Battaglia Team