$1,274,988 - 5 Acacia Avenue, Downsview
Detached for Sale in Downsview
Popular Listing- MLS Number
- W13424514
- Property Type
- Detached
- Status
- active
- Days on Site
- 8
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Downsview / Black Creek
- Lot Size
- 4,392 sqft
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rarely offered raised bungalow with two full levels above grade, offering over 3,000 sq ft of versatile living space in North York. Meticulously Maintained By Long-Time Owners, This Exceptional Property Presents An Outstanding Opportunity For Families, Investors, Or Those Seeking A Multigenerational Living Arrangement With Strong Income Potential. The Main Level Features Hardwood Flooring, Three Spacious Bedrooms, Generous Principal Rooms, And A Large Eat-In Kitchen Designed For Both Everyday Family Living And Effortless Entertaining. The Fully Finished Lower Level Expands The Living Space With A Separate Entrance, Full Kitchen,Bathroom, And Walk-Out To The Backyard. Ideal As An In-Law Suite, Nanny Quarters, Or Potential Basement Apartment, This Level Offers Excellent Rental Income Potential And Added Value For Extended Families. Exterior Highlights Include A Double Car Garage And A Private Driveway Accommodating Up To Six Vehicles, Providing Rare Parking Capacity For Larger Households Or Multiple Occupants. Situated On A Quiet, Family-Friendly Street With No Through Traffic, This Home Is Surrounded By Mature Trees, Parks, And Established Neighbourhood Amenities. Enjoy Proximity To Nearby Ravines And Walking Trails, Along With Access To Highly Regarded Public And Catholic Schools. Commuters Will Appreciate The Exceptional Transit Connectivity, With A Bus Stop Located Within Approximately 200 Metres Offering Direct Service To Wilson Station. Conveniently Located Minutes From Humber College, Major Highways, Shopping Centres, The UP Express, And Everyday Amenities. Whether You're Searching For A Spacious Family Home, Income Property, Investment Opportunity, Or A Home Designed For Multigenerational Living, This Rare North York Raised Bungalow Delivers The Perfect Combination Of Space, Functionality, Location, And Long-Term Potential.
Estimate your monthly payments for this property
Estimated Payment
$5,639.70/mo
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.
5 Acacia Avenue, 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
Competitive Pricing
At $510/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.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 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 $5,312 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.