58 Hisey Crescent, Toronto W05

Price: $899,900

3 bedrooms, 2 bathrooms

2,000 - 2,499 sqft

Property Type: Semi-Detached

MLS#: W13001280

Heavenly Haven on Hisey. This charming 3-bedroom, 2-bathroom home offers exceptional versatility and income potential. Lovingly updated and maintained, it features a bright living space with a balcony, a finished basement with a separate entrance, and a second kitchen perfect for extended family or rental income. Conveniently located near public transit, TTC subway, and York University, this property delivers both comfort and connectivity. Don't miss this incredible opportunity to own a home that's as practical as it is picturesque!

58 Hisey Crescent - Semi-Detached photo 1 of 24 in Downsview / Black Creek, Ontario
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New Listing
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$899,900 - 58 Hisey Crescent, Downsview

Semi-Detached for Sale in Downsview

New — Listed yesterday
3Beds
2Baths
2,000 - 2,499Sq Ft
Semi-Detached
Property Details
MLS Number
W13001280
Property Type
Semi-Detached
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Downsview / Black Creek
Listing Brokerage
HOMELIFE/ROMANO REALTY LTD.
Description

Heavenly Haven on Hisey. This charming 3-bedroom, 2-bathroom home offers exceptional versatility and income potential. Lovingly updated and maintained, it features a bright living space with a balcony, a finished basement with a separate entrance, and a second kitchen perfect for extended family or rental income. Conveniently located near public transit, TTC subway, and York University, this property delivers both comfort and connectivity. Don't miss this incredible opportunity to own a home that's as practical as it is picturesque!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,616.95/mo

Includes CMHC insurance ($25,107)

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5%10%50%

5-yr fixed avg.

Principal: $809,910Interest: $550,069
Mortgage Amount$835,017
Total Interest$550,069
Est. Property Tax$637/mo
Total Cost$1,385,086

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

58 Hisey Crescent, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,900/mo
Range: $2,465 - $3,335
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,900
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$2,076

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $450/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Downsview's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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 $3,750 (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.

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