$589,000 - 79 Driftwood Avenue Unit 62, Downsview
Condo for Sale in Downsview
48 days on market- MLS Number
- W13064334
- Property Type
- Condo
- Status
- active
- Days on Site
- 48
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Downsview / Black Creek
- Locker
- Ensuite
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- RE/MAX MILLENNIUM REAL ESTATE
Welcome to this well-maintained 2-storey condo townhouse located in the vibrant community of Glenfield-Jane Heights & a Quiet Neighbourhood. This is perfect for first-time buyers, growing families, or savvy investors looking for unbeatable value in a prime location.Featuring a practical layout with spacious living area, separate dining space, 3 large size bedrooms & no carpet in the whole house. This home offers comfort, convenience, and endless potential.Enjoy the rare benefit of tandem parking for two vehicles-perfect for families or multi-car households. Step outside and experience true urban convenience with everyday essentials just moments away, including shopping at Yorkgate Mall, nearby grocery stores, local schools, parks, and easy access to public transit along Finch Avenue and Jane Street. Commuters will appreciate quick connectivity to major highways including Highway 401 and Highway 400. Whether you're looking to move in or invest, this home offers exceptional value in one of North York's most accessible and evolving communities. Priced to sell-don't miss your chance to secure a fantastic property in a location that truly has it all!
Estimate your monthly payments for this property
Estimated Payment
$3,021.88/mo
Includes CMHC insurance ($16,433)
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.
79 Driftwood Avenue Unit 62, Downsview / Black Creek
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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 $491/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 48 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.
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 $2,454 (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.