34 Petiole Road, Toronto W05

Price: $949,000

6 bedrooms, 4 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: W12887406

Welcome to this stunning, fully renovated semi-detached home situated on a premium lot in Toronto. This impressive property features 3 spacious bedrooms plus a 3-bedroom basement, 4 modern bathrooms, and a built-in single-car garage with three additional parking spaces on the driveway. Offering over 2,300 sq ft of functional living space, the home includes three separate entrances, providing excellent flexibility for extended family living or potential rental opportunities. The beautifully updated modern kitchen and contemporary finishes throughout showcase the extensive renovations completed across the home. Ideally located just minutes from Toronto Pearson Airport, Yorkdale Mall, York University, the new Metrolinx transit line, subway access, grocery stores, and major highways (401, 400, 407 & 409), this property combines style, convenience, and exceptional investment potential in one outstanding opportunity. Note: new windows, new furnace, new laminate floor.

34 Petiole Road - Semi-Detached photo 1 of 34 in Downsview / Black Creek, Ontario
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$949,000 - 34 Petiole Road, Downsview

Semi-Detached for Sale in Downsview

94 days on market
6Beds
4Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
W12887406
Property Type
Semi-Detached
Status
active
Days on Site
94
Bedrooms
6
Bathrooms
4
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Downsview / Black Creek
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Welcome to this stunning, fully renovated semi-detached home situated on a premium lot in Toronto. This impressive property features 3 spacious bedrooms plus a 3-bedroom basement, 4 modern bathrooms, and a built-in single-car garage with three additional parking spaces on the driveway. Offering over 2,300 sq ft of functional living space, the home includes three separate entrances, providing excellent flexibility for extended family living or potential rental opportunities. The beautifully updated modern kitchen and contemporary finishes throughout showcase the extensive renovations completed across the home. Ideally located just minutes from Toronto Pearson Airport, Yorkdale Mall, York University, the new Metrolinx transit line, subway access, grocery stores, and major highways (401, 400, 407 & 409), this property combines style, convenience, and exceptional investment potential in one outstanding opportunity. Note: new windows, new furnace, new laminate floor.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,868.86/mo

Includes CMHC insurance ($26,477)

$
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5%10%50%

5-yr fixed avg.

Principal: $854,100Interest: $580,081
Mortgage Amount$880,577
Total Interest$580,081
Est. Property Tax$672/mo
Total Cost$1,460,659

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

34 Petiole Road, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
4.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$672
Insurance (est.)-$198
Net Cash Flow+$3,130

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

Fair Market Value

At $863/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 94 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.

Detached Home Advantages

Detached homes in Downsview are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Downsview.

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 $3,954 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    34 Petiole Road, Downsview / Black Creek | $949,000 | Battaglia Team