62 Paradelle Crescent, Toronto W05

Price: $899,900

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: W12847762

Price Just Reduced ! Incredible Opportunity in North York! Welcome to this meticulously maintained and spacious raised semi-detached bungalow - now offered at an exceptional new price. This bright and inviting home features three generous bedrooms and two full bathrooms, providing ample space for comfortable family living. The sun-filled main level boasts a large living room that opens onto a private balcony - perfect for your morning coffee or relaxing at the end of the day. The well-kept kitchen and dining area offer both functionality and charm for everyday living. The fully finished lower level, complete with a separate entrance, provides outstanding versatility and income potential. With its self-contained layout including a kitchen, family room, and abundant living space, it's ideal for rental income, extended family, or multi-generational living. Located in a prime central Toronto neighborhood, you're just 20 minutes to Vaughan, Downtown Toronto, and Markham, with quick access to Highways 400, 401, and 407. Surrounded by parks, walking trails, schools, a library, community centers, and the prestigious Oakdale Golf & Country Club, this family-friendly community offers unmatched convenience. Whether you're a first-time buyer or an investor seeking value in a prime location, this newly priced home presents an exceptional opportunity not to be missed.

62 Paradelle Crescent - Semi-Detached photo 1 of 36 in Downsview / Black Creek, Ontario
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$899,900 - 62 Paradelle Crescent, Downsview

Semi-Detached for Sale in Downsview

106 days on market
3Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
W12847762
Property Type
Semi-Detached
Status
active
Days on Site
106
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Downsview / Black Creek
Listing Brokerage
CITIBLOC REALTY
Description

Price Just Reduced ! Incredible Opportunity in North York! Welcome to this meticulously maintained and spacious raised semi-detached bungalow - now offered at an exceptional new price. This bright and inviting home features three generous bedrooms and two full bathrooms, providing ample space for comfortable family living. The sun-filled main level boasts a large living room that opens onto a private balcony - perfect for your morning coffee or relaxing at the end of the day. The well-kept kitchen and dining area offer both functionality and charm for everyday living. The fully finished lower level, complete with a separate entrance, provides outstanding versatility and income potential. With its self-contained layout including a kitchen, family room, and abundant living space, it's ideal for rental income, extended family, or multi-generational living. Located in a prime central Toronto neighborhood, you're just 20 minutes to Vaughan, Downtown Toronto, and Markham, with quick access to Highways 400, 401, and 407. Surrounded by parks, walking trails, schools, a library, community centers, and the prestigious Oakdale Golf & Country Club, this family-friendly community offers unmatched convenience. Whether you're a first-time buyer or an investor seeking value in a prime location, this newly priced home presents an exceptional opportunity not to be missed.

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

62 Paradelle Crescent, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$1,976

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

Fair Market Value

At $818/sqft, this property is priced in line with current Downsview market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 106 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.

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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    62 Paradelle Crescent | $899,900 | Battaglia Team