$988,000 - 17 Locust Lodge Gardens, Downsview
Townhouse for Sale in Downsview
42 days on market- MLS Number
- W13098892
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 42
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Downsview / Black Creek
- Listing Brokerage
- FREEMAN REAL ESTATE LTD.
One-of-a Kind standout 4-bedroom, 3-bathroom End-Unit townhome (not a condo), with tons of upgrades, and overlooking popular Stanley Greene Park with direct access to tranquil greenspace that features Multi-Sport Courts, Playground, Water Features and Skateboard Park. Quietly set away from traffic and directly facing the park and playground, this rare wide-end unit offers extra side windows that fill the home with natural light. The open-concept main floor features a contemporary kitchen with a large breakfast bar, spacious living and dining areas, and seamless access to a private terrace with a gas BBQ hookup, perfect for summer evenings and entertaining. Upper levels offer three generously sized bedrooms, including a bright primary retreat with a luxurious ensuite. The fourth bedroom is ideal as a nursery, guest room, home office, or den. The lower level adds exceptional versatility with heated floors, elevated ceilings, and flexible space for a gym, media room, office, or lounge. Above it all, two rooftop terraces deliver sweeping views of the park and the Toronto skyline. The large garage comfortably fits two vehicles while offering extra storage, and a 240-volt outlet ready for EV charging. Enjoy trails, playgrounds, a dog park, hockey arena, and sports courts just steps away. TTC access is at your doorstep, with the Go Train, Highway 401, Yorkdale Shopping Centre, Costco, and everyday essentials are all nearby. Rarely does a premium end-unit with unobstructed park frontage, exceptional outdoor space, and this level of convenience come to market. This is a lifestyle opportunity on one of Downsview Park's most desirable streets.
Estimate your monthly payments for this property
Estimated Payment
$5,068.95/mo
Includes CMHC insurance ($27,565)
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.
17 Locust Lodge Gardens, 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 $494/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 42 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Downsview have shown strong appreciation as families seek more space.
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 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 $4,117 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.