$1,349,900 - 77 Letchworth Crescent, Downsview
Detached for Sale in Downsview
69 days on market- MLS Number
- W12985734
- Property Type
- Detached
- Status
- active
- Days on Site
- 69
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Downsview / Black Creek
- Lot Size
- 7,524 sqft
- Listing Brokerage
- EXP REALTY
Muskoka living in the City! Rare ravine-backed detached home in North York offering space, privacy, and flexibility on a premium pie-shaped lot backing directly onto the forested green space of Roding Park. Extensively renovated and move-in ready, this 3+1 bedroom, 3-bathroom home features approximately 2,000 sq ft of thoughtfully updated living space, including a bright open-concept main floor, modern kitchen with granite counters, designer finishes, and expansive windows framing unobstructed ravine views. The finished walk-out lower level with separate entrance, above-grade windows, second kitchen, and additional bedroom offers excellent flexibility for extended family, multi-generational living, guest space, work-from-home use, or future income potential (buyer to verify). Step outside to a landscaped backyard retreat featuring elevated deck space, mature greenery, brick entertaining area, and custom fire pit with rare no rear neighbour privacy. Parking for up to 7 vehicles including attached double garage and extended private driveway. Conveniently located minutes to Yorkdale Shopping Centre, transit, schools, parks, Humber River Hospital, and major highways. A rare opportunity to own a renovated ravine property with exceptional outdoor space and flexibility in Toronto.
Estimate your monthly payments for this property
Estimated Payment
$5,971.06/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.
77 Letchworth Crescent, 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
Fair Market Value
At $900/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 69 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.
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 $5,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.