80 Parrotta Drive Unit 148, Toronto W05

Price: $630,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13161022

Immaculately Kept, Beautifully Upgraded 2-Storey Urban Townhome In Highly Desirable Centrally Located Community* Spacious, Sun-Filled 2 Bedroom/ 2 Bath Boasting 1,016 Sq.Ft Of Open Concept Modern Functional Living Space With Patio* Large Windows, Tons Of Natural Light* Upgraded LED Pot Lighting Throughout, Main Floor Built In Wall Unit, Main Floor Powder Rm, Premium Wide Plank Laminate Flooring, Smooth Ceilings Throughout* Updated Chef's Kitchen W/Stainless Steel Appliances, Quartz Counters, and Under Mounted Sink, B/I Pantry* Upgraded Bathroom Fixtures and Vanities, Massive Primary Bedroom Retreat* 1 Parking & Locker Included* Ample Underground Visitor Parking* All Amenities Minutes Away Including Shopping, Restaurants, Schools, Humber Valley Golf Course, Joseph Bannon Park With Playground and Splashpad/ Skating Rink & Easy Access To Hwys 400 & 401, Public Transit, Airport, York University, and many more...

80 Parrotta Drive Unit 148 - Condo photo 1 of 17 in Downsview / Black Creek, Ontario
80 Parrotta Drive Unit 148 - Condo photo 2 of 17 in Downsview / Black Creek, Ontario
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$630,000 - 80 Parrotta Drive Unit 148, Downsview

Condo for Sale in Downsview

2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13161022
Property Type
Condo
Status
active
Days on Site
27
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Downsview / Black Creek
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Immaculately Kept, Beautifully Upgraded 2-Storey Urban Townhome In Highly Desirable Centrally Located Community* Spacious, Sun-Filled 2 Bedroom/ 2 Bath Boasting 1,016 Sq.Ft Of Open Concept Modern Functional Living Space With Patio* Large Windows, Tons Of Natural Light* Upgraded LED Pot Lighting Throughout, Main Floor Built In Wall Unit, Main Floor Powder Rm, Premium Wide Plank Laminate Flooring, Smooth Ceilings Throughout* Updated Chef's Kitchen W/Stainless Steel Appliances, Quartz Counters, and Under Mounted Sink, B/I Pantry* Upgraded Bathroom Fixtures and Vanities, Massive Primary Bedroom Retreat* 1 Parking & Locker Included* Ample Underground Visitor Parking* All Amenities Minutes Away Including Shopping, Restaurants, Schools, Humber Valley Golf Course, Joseph Bannon Park With Playground and Splashpad/ Skating Rink & Easy Access To Hwys 400 & 401, Public Transit, Airport, York University, and many more...

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,232.23/mo

Includes CMHC insurance ($17,577)

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5%10%50%

5-yr fixed avg.

Principal: $567,000Interest: $385,091
Mortgage Amount$584,577
Total Interest$385,091
Est. Property Tax$446/mo
Total Cost$969,668

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 148, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$446
Insurance (est.)-$131
Net Cash Flow+$1,133

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 $630/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.

Market Position

At 27 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

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 $2,625 (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 148 | $630,000 | Battaglia Team