335 Driftwood Avenue Unit 707, Toronto W05

Price: $359,000

2 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: W13077500

Beautifully renovated and move-in-ready condo offering incredible value and convenience! This bright and spacious 2-bedroom, 1-bathroom unit boasts over 900 sqft of stylish living space in a well-maintained mid-rise building. hardwood flooring, updated bathrooms, and fresh paint throughout, this home is ready for you to enjoy.Step into a large living/dining area with big windows and an open balcony offering unobstructed park and ravine views-perfect for your morning coffee. The oversized parking space fits 2 cars.Conveniently located with TTC and the upcoming Finch LRT at your doorstep, you're just minutes from York University, schools, shopping malls, grocery stores, and restaurants. Whether you're a first-time buyer looking for an affordable entry

335 Driftwood Avenue Unit 707 - Condo photo 1 of 15 in Downsview / Black Creek, Ontario
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$359,000 - 335 Driftwood Avenue Unit 707, Downsview

Condo for Sale in Downsview

45 days on market
2Beds
1Baths
800Sq Ft
Condo
Property Details
MLS Number
W13077500
Property Type
Condo
Status
active
Days on Site
45
Bedrooms
2
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Downsview / Black Creek
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
MASTER`S TRUST REALTY INC.
Description

Beautifully renovated and move-in-ready condo offering incredible value and convenience! This bright and spacious 2-bedroom, 1-bathroom unit boasts over 900 sqft of stylish living space in a well-maintained mid-rise building. hardwood flooring, updated bathrooms, and fresh paint throughout, this home is ready for you to enjoy.Step into a large living/dining area with big windows and an open balcony offering unobstructed park and ravine views-perfect for your morning coffee. The oversized parking space fits 2 cars.Conveniently located with TTC and the upcoming Finch LRT at your doorstep, you're just minutes from York University, schools, shopping malls, grocery stores, and restaurants. Whether you're a first-time buyer looking for an affordable entry

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,841.86/mo

Includes CMHC insurance ($10,016)

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5-yr fixed avg.

Principal: $323,100Interest: $219,441
Mortgage Amount$333,116
Total Interest$219,441
Est. Property Tax$254/mo
Total Cost$552,557

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

335 Driftwood Avenue Unit 707, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$254
Insurance (est.)-$75
Net Cash Flow+$1,351

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 $449/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 45 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 800 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.

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    335 Driftwood Avenue Unit 707 | $359,000 | Battaglia Team