172 Calvington Drive, Toronto W05

Price: $799,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W12977494

Beautifully Renovated Home on an Expensive Lot in a Prime Location. This meticulously renovated residence is ideally positioned in a highly convenient and sought-after neighbourhood, just minutes from Humber River Hospital, Downsview Park, reputable schools, daycares, TTC bus routes, subway access, and an array of everyday amenities. Extensive upgrades were completed in September 2019, including a fully renovated modern kitchen, a beautifully updated bathroom with a new bathtub, new hardwood flooring throughout the main floor, and a custom-designed master bedroom closet. A spacious deck was constructed in 2021, creating the perfect setting for outdoor entertaining and relaxation. The furnace was replaced in January 2018, and the property also includes a newer washer and dryer for added convenience. Situated on an expensive lot, this property presents exceptional future potential - whether to build a custom dream home, expand the existing structure, or hold as a strategic long-term investment. A rare opportunity offering move-in-ready comfort today with outstanding redevelopment and appreciation potential for the future.

172 Calvington Drive - Detached photo 1 of 24 in Downsview / Black Creek, Ontario
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$799,000 - 172 Calvington Drive, Downsview

Detached for Sale in Downsview

70 days on market
2Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
W12977494
Property Type
Detached
Status
active
Days on Site
70
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Downsview / Black Creek
Listing Brokerage
HOMELIFE REAL ESTATE CENTRE INC.
Description

Beautifully Renovated Home on an Expensive Lot in a Prime Location. This meticulously renovated residence is ideally positioned in a highly convenient and sought-after neighbourhood, just minutes from Humber River Hospital, Downsview Park, reputable schools, daycares, TTC bus routes, subway access, and an array of everyday amenities. Extensive upgrades were completed in September 2019, including a fully renovated modern kitchen, a beautifully updated bathroom with a new bathtub, new hardwood flooring throughout the main floor, and a custom-designed master bedroom closet. A spacious deck was constructed in 2021, creating the perfect setting for outdoor entertaining and relaxation. The furnace was replaced in January 2018, and the property also includes a newer washer and dryer for added convenience. Situated on an expensive lot, this property presents exceptional future potential - whether to build a custom dream home, expand the existing structure, or hold as a strategic long-term investment. A rare opportunity offering move-in-ready comfort today with outstanding redevelopment and appreciation potential for the future.

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Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

$
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5%10%50%

5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

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

172 Calvington Drive, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$1,668

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

Premium Pricing

At $1141/sqft, this property is priced above the Downsview average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 70 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.

Efficient Living

At 700 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.

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 $3,329 (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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    172 Calvington Drive | $799,000 | Battaglia Team