349 Driftwood Avenue Unit 1, Toronto W05

Price: $499,900

4 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W12795530

Welcome to this Spacious 4-Bedroom End Unit Home in an Unbeatable Location! Maintenance Fee is all inclusive. This bright and well-maintained home features laminate floors on the main level and a functional open-concept living/dining area that walks out to your own private yard, perfect for morning coffee or weekend relaxation. The modem kitchen boasts stainless steel appliances and ample storage. Upstairs, you'll find four generously sized bedrooms, each with double closets and large windows that flood the rooms with natural light. Broadloom carpeting adds warmth and comfort upstairs and in the finished basement, ideal for a family room, home office, or extra living space. Located just a short walk to York University, Subway stations, and Black Creek Parkland Trails. Enjoy quick access to Hwy 400 and nearby shops, groceries, restaurants, and top-rated schools. Don't miss this fantastic opportunity to own a spacious, move-in ready home in a prime location!

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$499,900 - 349 Driftwood Avenue Unit 1, Downsview

Condo for Sale in Downsview

108 days on market
4Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W12795530
Property Type
Condo
Status
active
Days on Site
108
Bedrooms
4
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Downsview / Black Creek
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Description

Welcome to this Spacious 4-Bedroom End Unit Home in an Unbeatable Location! Maintenance Fee is all inclusive. This bright and well-maintained home features laminate floors on the main level and a functional open-concept living/dining area that walks out to your own private yard, perfect for morning coffee or weekend relaxation. The modem kitchen boasts stainless steel appliances and ample storage. Upstairs, you'll find four generously sized bedrooms, each with double closets and large windows that flood the rooms with natural light. Broadloom carpeting adds warmth and comfort upstairs and in the finished basement, ideal for a family room, home office, or extra living space. Located just a short walk to York University, Subway stations, and Black Creek Parkland Trails. Enjoy quick access to Hwy 400 and nearby shops, groceries, restaurants, and top-rated schools. Don't miss this fantastic opportunity to own a spacious, move-in ready home in a prime location!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

$
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5%10%50%

5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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

349 Driftwood Avenue Unit 1, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,160/mo
Range: $2,686 - $3,634
Cap Rate (ROI)
4.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,160
Maintenance Fees-$650
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$2,052

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 $500/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.

Negotiation Opportunity

At 108 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Downsview. Good resale value as demand remains consistent.

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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    349 Driftwood Avenue Unit 1 | $499,900 | Battaglia Team