2772 Keele Street Unit 403, Toronto W05

Price: $545,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: W13003036

Welcome to Unit 403 at 2772 Keele Street, a bright and well-maintained condo located in the desirable Downsview-Roding-CFB community. This spacious 2-bedroom, 2-bathroom suite offers approximately 800-899 sq ft of functional living space with a practical open-concept layout, perfect for comfortable everyday living. The unit features a generous primary bedroom with a 4-piece ensuite and walk-out access to a private balcony, ideal for relaxing or entertaining. Enjoy a sun-filled living and dining area, ensuite laundry, and the convenience of one underground parking space and owned locker. The well-managed building offers great amenities including a gym, party room, visitor parking, and security system. Ideally situated just minutes to TTC transit, Wilson subway station, Yorkdale Mall, York University, and Humber River Hospital, with quick access to Hwy 401. Surrounded by parks, shops, and restaurants, this is a fantastic opportunity for first-time buyers, downsizers, or investor

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$545,000 - 2772 Keele Street Unit 403, Downsview

Condo for Sale in Downsview

63 days on market
2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
W13003036
Property Type
Condo
Status
active
Days on Site
63
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Downsview / Black Creek
Locker
Owned
Exposure
North East
Balcony
Open
Listing Brokerage
RE/MAX METROPOLIS REALTY
Description

Welcome to Unit 403 at 2772 Keele Street, a bright and well-maintained condo located in the desirable Downsview-Roding-CFB community. This spacious 2-bedroom, 2-bathroom suite offers approximately 800-899 sq ft of functional living space with a practical open-concept layout, perfect for comfortable everyday living. The unit features a generous primary bedroom with a 4-piece ensuite and walk-out access to a private balcony, ideal for relaxing or entertaining. Enjoy a sun-filled living and dining area, ensuite laundry, and the convenience of one underground parking space and owned locker. The well-managed building offers great amenities including a gym, party room, visitor parking, and security system. Ideally situated just minutes to TTC transit, Wilson subway station, Yorkdale Mall, York University, and Humber River Hospital, with quick access to Hwy 401. Surrounded by parks, shops, and restaurants, this is a fantastic opportunity for first-time buyers, downsizers, or investor

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,796.13/mo

Includes CMHC insurance ($15,206)

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5-yr fixed avg.

Principal: $490,500Interest: $333,134
Mortgage Amount$505,706
Total Interest$333,134
Est. Property Tax$386/mo
Total Cost$838,840

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

2772 Keele Street Unit 403, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$386
Insurance (est.)-$114
Net Cash Flow+$1,180

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 $681/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 63 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 800 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 $2,271 (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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    2772 Keele Street Unit 403 | $545,000 | Battaglia Team