$1,289,000 - 28 Eldorado Court, Downsview
Detached for Sale in Downsview
71 days on market- MLS Number
- W12969134
- Property Type
- Detached
- Status
- active
- Days on Site
- 71
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Downsview / Black Creek
- Lot Size
- 7,729 sqft
- Listing Brokerage
- ROMULUS REALTY INC.
Excellent Opportunity! Located amongst large custom homes of distinction. Approximately 3000 plus sq ft finished space. Beautiful immaculately maintained detached Custom Bungalow on large 55 ft x 145 ft lot. Located on Prestige Eldorado Court address surrounded by a large greenbelt forest setting! Excellent income potential from a lower level apartment with seperate access at rear. Fabulous dark oak strip flooring throughout upper level. Solid concrete wrought iron raised private balcony at rear of property with access from living rm overlooking rear yard. Approximately 1500 sq ft finished bright sun filled space on lower level. Very Large radiant family rm on lower level easliy seperated into 2 rooms to include a 5th bedroom. Updated windows. Oversized 2 car garage plus a large 4 car parking driveway. Perfect home for a large family. Earn potential rental income from a 1500 sq ft separate lower 2 Bedroom apartment. Close to York University. Near excellent schools and major highways 401 and 400. **Steps to public transit** *****OPEN HOUSE Saturday, June 20 2:00 PM to 4:00 PM******
Estimate your monthly payments for this property
Estimated Payment
$5,701.68/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.
28 Eldorado Court, Downsview / Black Creek
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Rental income estimator & ROI calculator
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 $859/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.
Negotiation Opportunity
At 71 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 3 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 $5,371 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.