$589,000 - 3041 Finch Avenue Unit 2054, Downsview
Condo for Sale in Downsview
New — Listed 2 days ago- MLS Number
- W13241378
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downsview / Black Creek
- Locker
- Owned
- Exposure
- North South
- Balcony
- Terrace
- Listing Brokerage
- GLOBAL BRICKS EXECUTIVE HOMES REALTY
Welcome to this beautifully updated 2-bedroom, 1-bathroom, almost 800 sqft main-floor stacked townhome in Toronto's sought-afterHumbermede community. Combining stylish upgrades and an exceptional allocation, this move-in-ready home is perfect for first-time buyers,downsizers, and investors alike. The renovated interior features upgraded flooring throughout, updated modernized bathroom, and a beautifullyupdated kitchen complete with upgraded refrigerator and dishwasher appliances. A dedicated in-suite laundry room adds everyday convenience,while the functional layout offers comfortable and efficient living. Enjoy the benefit of two private outdoor spaces, including a welcoming frontbalcony and a spacious rear balcony overlooking a peaceful setting with no neighbours directly behind. The added privacy creates the perfectspace to enjoy your morning coffee, unwind after a long day, or take in the surrounding greenery. Residents enjoy access to two playgroundswithin the complex, making the community especially appealing for young families. Nature lovers will appreciate having the Humber Rivertrailsystem directly behind the complex, offering scenic walking, cycling, and outdoor recreation opportunities just steps from home.Conveniently located in a highly connected neighbourhood, the Finch West LRT is right outside the complex, providing seamless access acrossthe city and connecting directly to TTC subway service for an easy commute downtown. Drivers will appreciate being approximately 10 minutesfrom Highways 400, 401, and 407, and just 15 minutes from Toronto Pearson International Airport. Everyday amenities are close at hand, withlocal shopping, restaurants, and services nearby, while a newly opened Costco is only minutes away. Offering modern upgrades, outdoor access,excellent transit connectivity, 2 parking spots and a family-friendly community setting, this is an outstanding opportunity to own a turnkey homein one of Toronto's most convenient locations.
Estimate your monthly payments for this property
Estimated Payment
$3,021.88/mo
Includes CMHC insurance ($16,433)
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.
3041 Finch Avenue Unit 2054, 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 $841/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.
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 700 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 $2,454 (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.