3 Springside Way, Toronto W05

Price: $799,000

3 bedrooms, 4 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W13441522

Welcome to this beautifully maintained townhouse in a highly sought after community near Keele & Sheppard. Showcasing pride of ownership throughout, this move in ready home features hardwood floors on the main and second levels, a stunning hardwood staircase with modern metal spindles, upgraded bathrooms, and a thoughtfully designed layout that maximizes both comfort and functionality.Bright living spaces are filled with natural sunlight, creating a warm and atmosphere for everyday living and entertaining. The primary bedroom offers an upgraded 5 piece ensuite bathroom and double closets. The finished basement provides additional living space and includes a 3 piece bathroom. Perfect for first-time home buyers, young professionals, and growing families, this home combines style, comfort, and convenience in an excellent location close to schools, parks, shopping, transit, York University, and major highways.This home boasts true pride of ownership.

3 Springside Way - Condo photo 1 of 40 in Downsview / Black Creek, Ontario
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active
New Listing
1/40

$799,000 - 3 Springside Way, Downsview

Condo for Sale in Downsview

New — Listed 3 days ago
3Beds
4Baths
1,400Sq Ft
Condo
Property Details
MLS Number
W13441522
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
4
Square Feet
1,400 sqft
Neighbourhood
Downsview / Black Creek
Locker
None
Exposure
North West
Balcony
Open
Listing Brokerage
MCNAUGHT REAL ESTATE
Description

Welcome to this beautifully maintained townhouse in a highly sought after community near Keele & Sheppard. Showcasing pride of ownership throughout, this move in ready home features hardwood floors on the main and second levels, a stunning hardwood staircase with modern metal spindles, upgraded bathrooms, and a thoughtfully designed layout that maximizes both comfort and functionality.Bright living spaces are filled with natural sunlight, creating a warm and atmosphere for everyday living and entertaining. The primary bedroom offers an upgraded 5 piece ensuite bathroom and double closets. The finished basement provides additional living space and includes a 3 piece bathroom. Perfect for first-time home buyers, young professionals, and growing families, this home combines style, comfort, and convenience in an excellent location close to schools, parks, shopping, transit, York University, and major highways.This home boasts true pride of ownership.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

$
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5%10%50%

5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

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

3 Springside Way, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$1,438

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 $571/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.

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.

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.

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.

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.

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 $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    3 Springside Way, Downsview / Black Creek | $799,000 | Battaglia Team