17 St Gaspar Court, Toronto W05

Price: $1,499,900

5 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Semi-Detached

MLS#: W13053584

Discover 17 St. Gaspar Court in Toronto a cash flow powerhouse delivering more than $6,000 in rental income every month. Opportunities like this don't wait. Secure it now. 17 St. Gaspar Court is a modern, newly built semi-detached home offering stylish finishes, functional layout, and excellent proximity to transit and amenities. It is well-suited for small families, professionals, or students looking for a clean, contemporary space in a well-connected North York neighbourhood. Featuring a modern main-floor unit with high ceilings, open-concept living, stainless-steel appliances, pot lights, ensuite laundry, and a walk-out basement with a separate entrance.The backsplash matches the quartz counters and island which is ideal for entertaining with an oversized deluxe sink. Kitchen has a convenient walkout to the deck and main level has Expansive windows throughout. The second level epitomizes comfort and pure tranquility with its 9-foot ceilings and thoughtfully designed layout. Principle suite offers a custom built armoire with a luxury bathroom spa. The 3 bedrooms all have built-in organizers. Very Spacious and Tiled Garage.

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$1,499,900 - 17 St Gaspar Court, Downsview

Semi-Detached for Sale in Downsview

51 days on market
5Beds
4Baths
2,500 - 2,999Sq Ft
Semi-Detached
Property Details
MLS Number
W13053584
Property Type
Semi-Detached
Status
active
Days on Site
51
Bedrooms
5
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Downsview / Black Creek
Listing Brokerage
RE/MAX EXPERTS
Description

Discover 17 St. Gaspar Court in Toronto a cash flow powerhouse delivering more than $6,000 in rental income every month. Opportunities like this don't wait. Secure it now. 17 St. Gaspar Court is a modern, newly built semi-detached home offering stylish finishes, functional layout, and excellent proximity to transit and amenities. It is well-suited for small families, professionals, or students looking for a clean, contemporary space in a well-connected North York neighbourhood. Featuring a modern main-floor unit with high ceilings, open-concept living, stainless-steel appliances, pot lights, ensuite laundry, and a walk-out basement with a separate entrance.The backsplash matches the quartz counters and island which is ideal for entertaining with an oversized deluxe sink. Kitchen has a convenient walkout to the deck and main level has Expansive windows throughout. The second level epitomizes comfort and pure tranquility with its 9-foot ceilings and thoughtfully designed layout. Principle suite offers a custom built armoire with a luxury bathroom spa. The 3 bedrooms all have built-in organizers. Very Spacious and Tiled Garage.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,634.56/mo

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5-yr fixed avg.

Principal: $1,199,920Interest: $790,449
Mortgage Amount$1,199,920
Total Interest$790,449
Est. Property Tax$1,062/mo
Total Cost$1,990,369

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

17 St Gaspar Court, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$1,062
Insurance (est.)-$312
Net Cash Flow+$2,576

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 $600/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 51 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.

Detached Home Advantages

Detached homes in Downsview are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

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 4 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 $6,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    17 St Gaspar Court | $1,499,900 | Battaglia Team