16 London Green Court Unit 106, Toronto W05

Price: $585,000

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13147446

Welcome to this well-maintained, move-in ready townhouse offering a spacious and functional layout, ideal for families or first-time buyers. This bright 3-bedroom home features a sun-filled living room with a walk-out to a private front patio complete with a gazebo, perfect for relaxing or entertaining. Enjoy the convenience of direct access to underground parking located right at your doorstep. This home has been freshly painted and showcases a renovated kitchen with quartz countertops, undermount sink and stainless steel appliances. The updated washroom and modern pot lights in the living room add a stylish, contemporary feel. Additional upgrades include an owned hot water tank, providing added value and peace of mind. Ideally situated in a highly accessible, family-friendly community-just minutes to shopping, schools, TTC, parks, and with easy access to Highway 401. A fantastic opportunity this is a must see.

16 London Green Court Unit 106 - Condo photo 1 of 31 in Downsview / Black Creek, Ontario
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$585,000 - 16 London Green Court Unit 106, Downsview

Condo for Sale in Downsview

3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13147446
Property Type
Condo
Status
active
Days on Site
22
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Downsview / Black Creek
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
EXP REALTY
Description

Welcome to this well-maintained, move-in ready townhouse offering a spacious and functional layout, ideal for families or first-time buyers. This bright 3-bedroom home features a sun-filled living room with a walk-out to a private front patio complete with a gazebo, perfect for relaxing or entertaining. Enjoy the convenience of direct access to underground parking located right at your doorstep. This home has been freshly painted and showcases a renovated kitchen with quartz countertops, undermount sink and stainless steel appliances. The updated washroom and modern pot lights in the living room add a stylish, contemporary feel. Additional upgrades include an owned hot water tank, providing added value and peace of mind. Ideally situated in a highly accessible, family-friendly community-just minutes to shopping, schools, TTC, parks, and with easy access to Highway 401. A fantastic opportunity this is a must see.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,001.35/mo

Includes CMHC insurance ($16,322)

$
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5%10%50%

5-yr fixed avg.

Principal: $526,500Interest: $357,584
Mortgage Amount$542,822
Total Interest$357,584
Est. Property Tax$414/mo
Total Cost$900,406

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

16 London Green Court Unit 106, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$414
Insurance (est.)-$122
Net Cash Flow+$1,604

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

Competitive Pricing

At $488/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 22 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 $2,438 (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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    16 London Green Court Unit 106… — $585,000 | Battaglia Team