$899,900 - 21 Gade Drive, Downsview
Semi-Detached for Sale in Downsview
- MLS Number
- W13173044
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 24
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Downsview / Black Creek
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
A Rare Find - Lovingly Maintained & Offered for the First Time!Welcome to this well-kept 3-bedroom, semi-detached brick raised bungalow, proudly offered for the first time. While the home remains in its honest, original condition, it has been meticulously cared for and is completely move-in ready-offering a solid foundation and a wonderful opportunity to renovate at your own pace, exactly to your taste.Classic bones with endless potential.The home features updated windows throughout, adding charm and energy efficiency. You'll find two spacious eat-in kitchens-perfect for multi-generational living, shared family arrangements, or future rental income. Three well-sized bedrooms provide comfortable space for rest and work.The finished basement includes a gas fireplace in the recreation room, a second kitchen, and two separate entrances, offering excellent flexibility for an in-law suite, guest quarters, or future renovation project. The concrete front balcony invites quiet mornings with coffee, while the rear is ideal for evening relaxation.Major updates already taken care of.The roof was reshingled in 2020. The furnace and air conditioner were replaced in 2009, and the owned hot water tank was installed in 2011-giving you peace of mind and one less thing to worry about as you plan your future renovations.Location, location, location.Steps from schools, Humber River Hospital, restaurants, public transit, and a community park with an outdoor swimming pool, gym area, playground, and scenic walking trails. Easy access to Highway 401.This is the perfect home for buyers who want to move in now and renovate over time-on their own terms. Don't miss this first-time offering!
Estimate your monthly payments for this property
Estimated Payment
$4,616.95/mo
Includes CMHC insurance ($25,107)
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.
21 Gade Drive, 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
Fair Market Value
At $818/sqft, this property is priced in line with current Downsview market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 24 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.
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.
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 $3,750 (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.