4645 Jane Street Unit 720, Toronto W05

Price: $220,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W12867914

Check out this bright and spacious 1-bedroom, 1-bathroom condo. This inviting unit features a desirable layout with a combined living and kitchen area, beautiful laminate flooring throughout, stainless steel appliances, and modern light fixtures that add a clean, contemporary feel. Enjoy the open balcony with a pleasant view, along with the convenience of 1 underground parking space. Move in and enjoy this beautiful condo unit in a convenient location just minutes from transit, TTC subway access, highways, schools, shopping, and everyday amenities.

4645 Jane Street Unit 720 - Condo photo 1 of 23 in Downsview / Black Creek, Ontario
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$220,000 - 4645 Jane Street Unit 720, Downsview

Condo for Sale in Downsview

100 days on market
1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W12867914
Property Type
Condo
Status
active
Days on Site
100
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Downsview / Black Creek
Locker
None
Exposure
East West
Balcony
Open
Listing Brokerage
RE/MAX PREMIER INC.
Description

Check out this bright and spacious 1-bedroom, 1-bathroom condo. This inviting unit features a desirable layout with a combined living and kitchen area, beautiful laminate flooring throughout, stainless steel appliances, and modern light fixtures that add a clean, contemporary feel. Enjoy the open balcony with a pleasant view, along with the convenience of 1 underground parking space. Move in and enjoy this beautiful condo unit in a convenient location just minutes from transit, TTC subway access, highways, schools, shopping, and everyday amenities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,128.71/mo

Includes CMHC insurance ($6,138)

$
$
5%10%50%

5-yr fixed avg.

Principal: $198,000Interest: $134,476
Mortgage Amount$204,138
Total Interest$134,476
Est. Property Tax$156/mo
Total Cost$338,614

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

4645 Jane Street Unit 720, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
6.6%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$156
Insurance (est.)-$46
Net Cash Flow+$1,208

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 $367/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 100 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 600 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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    4645 Jane Street Unit 720 | $220,000 | Battaglia Team