2905 Weston Road, Toronto W05

Price: $1,790,000

8 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: W13073248

Exceptional opportunity in the highly sought-after Humberlea-Pelmo Park area of North York. This spacious detached home sits on a deep lot and offers over 3,000 Sq Ft of living space with excellent potential for end-users, investors, or renovators. Featuring 2 kitchens and a finished basement, the home provides strong flexibility for multi-family living or income-generating use. Located minutes from Hwy 401/400, Pearson Airport, Humber River, parks, schools, and everyday amenities. A rare chance to add value in a prime location surrounded by ongoing redevelopment and new builds.

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$1,790,000 - 2905 Weston Road, Downsview

Detached for Sale in Downsview

40 days on market
8Beds
4Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
W13073248
Property Type
Detached
Status
active
Days on Site
40
Bedrooms
8
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Downsview / Black Creek
Listing Brokerage
HIGHPOINT HOMES REALTY
Description

Exceptional opportunity in the highly sought-after Humberlea-Pelmo Park area of North York. This spacious detached home sits on a deep lot and offers over 3,000 Sq Ft of living space with excellent potential for end-users, investors, or renovators. Featuring 2 kitchens and a finished basement, the home provides strong flexibility for multi-family living or income-generating use. Located minutes from Hwy 401/400, Pearson Airport, Humber River, parks, schools, and everyday amenities. A rare chance to add value in a prime location surrounded by ongoing redevelopment and new builds.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,917.77/mo

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5-yr fixed avg.

Principal: $1,432,000Interest: $943,332
Mortgage Amount$1,432,000
Total Interest$943,332
Est. Property Tax$1,268/mo
Total Cost$2,375,332

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

2905 Weston Road, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,400/mo
Range: $4,590 - $6,210
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$5,400
Maintenance Fees-$0
Property Tax (est.)-$1,268
Insurance (est.)-$373
Net Cash Flow+$3,759

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 $597/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.

Market Position

At 40 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.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 8 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 4 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.

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    2905 Weston Road, Downsview /… — $1,790,000 | Battaglia Team