$420,000 - 3100 Keele Street Unit 511, Downsview
Condo for Sale in Downsview
107 days on market- MLS Number
- W12837512
- Property Type
- Condo
- Status
- active
- Days on Site
- 107
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Downsview / Black Creek
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- BAYTREE REAL ESTATE INC.
Welcome to The Keeley! A First Pick For Investors. Steady Rental Income. A Prime Address In North York's Dynamic Downsview Park Neighborhood, Offering The Ideal Fusion Of Urban Accessibility And Natural Serenity. Here, You'll Find The Perfect Balance Between Convenience And Outdoor Escapes. Backed By A Lush Ravine With Hiking And Biking Routes Connecting Downsview Park To York University, Nature Enthusiasts Will Relish The Proximity To Green Spaces And Scenic Trails. The Downsview & Wilson Subway Stations Are Just Minutes Away, Ensuring Easy Access To Toronto's Public Transit, While The Nearby 401 Highway Streamlines Your Commute. With York University And Yorkdale Shopping Centre In Close Reach, This Location Caters to Students, Professionals, And Shoppers. The Keeley Also Introduces A Host Of Vibrant Amenities, From A Tranquil Courtyard And A 7th-Floor Sky Yard With Sweeping Views, To A Pet Wash, Library And Fitness Center. Experience The Best Of North York Living At The Keeley. Where Urban Vitality Meets Natural Splendor. N form will be precisely ready if Purchaser wants the unit vacant. Extension of the lease is possible at the current rate.
Estimate your monthly payments for this property
Estimated Payment
$2,154.82/mo
Includes CMHC insurance ($11,718)
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 511, 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 $840/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 107 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.
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.