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New Construction for Sale in Downsview
49 days on market- MLS Number
- W12567902
- Property Type
- New Construction
- Status
- active
- Days on Site
- 49
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Downsview / Black Creek
- Listing Brokerage
- EXP REALTY
16 Walsh Ave, North York - Modern Luxury Redefined. Welcome to an architectural masterpiece where stunning contemporary design meets exceptional craftsmanship. This brand-new 5-bed, 5-bath custom home offers over 3,000 sq ft of sophisticated living in one of North York's most convenient and connected neighbourhoods. From the moment you arrive, the modern stucco exterior sets the tone - sleek, elegant, and built with state-of-the-art materials including an R31 insulated wall system, premium 50-year fiberglass shingles, and high-efficiency Low-E windows that maximize comfort and energy performance. Oversized sliding doors, colour-concrete driveway, full privacy fencing, and LED exterior lighting complete the upscale curb appeal. Inside, every detail speaks luxury. The open-concept main floor features engineered hardwood, custom LED strip lighting, and a high-efficiency fireplace wrapped in a modern feature wall. The chef-inspired kitchen boasts custom cabinetry with integrated lighting, full-height quartz backsplash, and high-end Bosch appliances - perfect for everyday living or elevated entertaining. Upstairs, the primary suite is a serene retreat with a custom walk-in closet and a hotel-worthy ensuite featuring a skylit European-style shower, floating double vanity, and deep soaker tub. Each additional bedroom includes its own ensuite or shared luxury bath. With top-tier mechanicals (200-amp service, EV-ready outlet, R60 attic insulation, HRV system, and 90,000 BTU furnace), lower level with bathroom, and a beautifully landscaped yard with an 8x8 deck, this home delivers unmatched comfort and durability. Located minutes from transit, Yorkdale, major highways, parks, schools, and the future Western North York Rec Centre-this is modern living at its finest. Experience the luxury lifestyle you've been waiting for at 16 Walsh Ave.
Estimate your monthly payments for this property
Estimated Payment
$7,076.90/mo
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.
16 Walsh Avenue, Downsview / Black Creek
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Rental income estimator & ROI calculator
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 25+ years of GTA real estate experience
Competitive Pricing
At $533/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.
Negotiation Opportunity
At 49 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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Downsview.
Bathroom Count Matters
With 5 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 $6,666 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.