80 Parrotta Drive Unit 135, Toronto W05

Price: $599,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: New Construction

MLS#: W12773292

MUST SEE! Truly remarkable home located in the vibrant Humberlea community. This immaculate and convenient main-floor unit features a walk-out to a private balcony, 2 spacious bedrooms and 2 bathrooms, and a modern, functional open-concept layout. Enjoy laminate flooring throughout, fresh paint, and stainless-steel appliances. Includes 1 parking space and 1 locker. Ideally located minutes from all amenities, parks, golf courses, and offers easy access to Highways 400 & 401

80 Parrotta Drive Unit 135 - New Construction photo 1 of 19 in Downsview / Black Creek, Ontario
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$599,000 - 80 Parrotta Drive Unit 135, Downsview

New Construction for Sale in Downsview

108 days on market
2Beds
2Baths
800Sq Ft
New Construction
Property Details
MLS Number
W12773292
Property Type
New Construction
Status
active
Days on Site
108
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Downsview / Black Creek
Locker
Owned
Exposure
North South
Balcony
Open
Listing Brokerage
CENTURY 21 TITANS REALTY INC.
Description

MUST SEE! Truly remarkable home located in the vibrant Humberlea community. This immaculate and convenient main-floor unit features a walk-out to a private balcony, 2 spacious bedrooms and 2 bathrooms, and a modern, functional open-concept layout. Enjoy laminate flooring throughout, fresh paint, and stainless-steel appliances. Includes 1 parking space and 1 locker. Ideally located minutes from all amenities, parks, golf courses, and offers easy access to Highways 400 & 401

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,073.18/mo

Includes CMHC insurance ($16,712)

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5%10%50%

5-yr fixed avg.

Principal: $539,100Interest: $366,142
Mortgage Amount$555,812
Total Interest$366,142
Est. Property Tax$424/mo
Total Cost$921,954

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

80 Parrotta Drive Unit 135, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$424
Insurance (est.)-$125
Net Cash Flow+$1,851

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 $749/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 108 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.

Efficient Living

At 800 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.

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 $2,496 (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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    80 Parrotta Drive Unit 135 | $599,000 | Battaglia Team