55 De Boers Drive Unit 701, Toronto W05

Price: $434,900

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13039468

Fully renovated and move-in ready, this bright and spacious extra-large l-bedroom suite offers a functional layout with a beautiful northeast-facing courtyard view, featuring new flooring, brand new appliances, fresh paint, new cabinets, stainless steel appliances, and granite kitchen countertops, plus a parking spot & locker. Ideally situated right next to Sheppard West Subway and TTC, within walking distance to transit and close to Yorkdale and York University, the building also offers premium amenities including an indoor pool, jacuzzi, sauna, theatre room, golf simulator, two gyms, two party rooms, guest suites, 24-hour concierge, and ample in door and outdoor visitor parking

55 De Boers Drive Unit 701 - Condo photo 1 of 15 in Downsview / Black Creek, Ontario
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$434,900 - 55 De Boers Drive Unit 701, Downsview

Condo for Sale in Downsview

55 days on market
1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W13039468
Property Type
Condo
Status
active
Days on Site
55
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Downsview / Black Creek
Locker
Owned
Exposure
North East
Balcony
Open
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Fully renovated and move-in ready, this bright and spacious extra-large l-bedroom suite offers a functional layout with a beautiful northeast-facing courtyard view, featuring new flooring, brand new appliances, fresh paint, new cabinets, stainless steel appliances, and granite kitchen countertops, plus a parking spot & locker. Ideally situated right next to Sheppard West Subway and TTC, within walking distance to transit and close to Yorkdale and York University, the building also offers premium amenities including an indoor pool, jacuzzi, sauna, theatre room, golf simulator, two gyms, two party rooms, guest suites, 24-hour concierge, and ample in door and outdoor visitor parking

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,231.26/mo

Includes CMHC insurance ($12,134)

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5%10%50%

5-yr fixed avg.

Principal: $391,410Interest: $265,835
Mortgage Amount$403,544
Total Interest$265,835
Est. Property Tax$308/mo
Total Cost$669,379

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

55 De Boers Drive Unit 701, 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)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$308
Insurance (est.)-$91
Net Cash Flow+$1,011

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 $725/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 55 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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    55 De Boers Drive Unit 701 | $434,900 | Battaglia Team