$1,089,000 - 243 Epsom Downs Drive, Downsview
Detached for Sale in Downsview
New — Listed 2 days ago- MLS Number
- W13428204
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Downsview / Black Creek
- Listing Brokerage
- ROYAL LEPAGE SUPREME REALTY
Welcome to this well-maintained 3-bedroom, 2-bathroom detached bungalow situated on a generous 57 x 105 ft lot with an attached garage in a highly convenient and sought-after location. Whether you're looking for a place to move right into or a property you can update over time, this home offers outstanding potential for homeowners, investors, and multi-generational families alike. The main floor features a bright and inviting living and dining area with a large front window that fills the space with natural light. A large inviting entryway and a functional kitchen layout that provides excellent flow throughout the home. Three spacious bedrooms, including a primary bedroom with his-and-hers closets, and a 4-piece hall bathroom complete the main level. A separate side entrance leads to the finished lower level, presenting an exciting opportunity for a future in-law suite or income-generating basement apartment. The lower level already offers many of the key components buyers look for, including an eat-in kitchen, 3-piece bathroom, large recreation room with fireplace, laundry area, and an additional living space that could be converted into a generous bedroom. The fully fenced backyard is a charming European-inspired oasis featuring mature grapevines, an apple tree, and a mulberry tree, creating a unique old-world ambiance perfect for relaxing or entertaining. Ideally located within steps of the TTC, walking distance of Humber River Hospital and close to schools, parks, community centres, shopping, Yorkdale Mall, Wilson Subway Station, and major highways including the 401 and 400.A fantastic opportunity to secure a solid home in a desirable neighbourhood with the flexibility to enjoy today and add value tomorrow. Property being sold in "as is, where is" condition.
Estimate your monthly payments for this property
Estimated Payment
$4,817.01/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.
243 Epsom Downs 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 $990/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Downsview's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 $4,538 (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.