$399,900 - 3100 Keele Street Unit 504, Downsview
Condo for Sale in Downsview
35 days on market- MLS Number
- W13129762
- Property Type
- Condo
- Status
- active
- Days on Site
- 35
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Downsview / Black Creek
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Lowest price for 1+1 Bdrm New Condo Unit in the building! Very motivated Seller! 3% commission to co-op brokerage. Modern and bright, this 1-bedroom + den suite is located on the 5th floor (top level of Building A) and offers 541 sq. ft. of thoughtfully designed living space. Featuring high ceilings, a floor-to-ceiling window that allows tons of natural light and vinyl flooring throughout. The versatile den can be used as a second bedroom or a home office. The modern kitchen is equipped with quartz countertops, a stylish backsplash, and built-in stainless steel appliances, seamlessly flowing into the open-concept living area. The living room offers a walk-out to a private balcony perfect for morning coffee or evening relaxation. A spacious 4-piece bathroom includes ensuite laundry, while the primary bedroom features a large window and a double closet. Surrounded by nature, the building is located directly across Downsview Park that offers a scenic ravine and hiking and biking trails connecting to York University. This growing area offers excellent convenience, with easy access to Wilson Subway, Sheppard West Station, Downsview Park GO, and Hwy 401. Just minutes to Humber River Hospital, Yorkdale Mall, Costco, and more. Residents enjoy premium amenities including 24/7 concierge and security, FOB-secured elevator access, a fully equipped gym, library, lounge, and co-working space. The stunning rooftop terrace features gardens, BBQ areas, a chef's kitchen, and beautiful views. Includes a locker (approx. 3' x 5'). A perfect opportunity for first-time buyers or investors. Don't miss it!
Estimate your monthly payments for this property
Estimated Payment
$2,051.69/mo
Includes CMHC insurance ($11,157)
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.
3100 Keele Street Unit 504, 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
Competitive Pricing
At $800/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 35 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.
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 500 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.
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.