867 Wilson Avenue Unit 5B, Toronto W05

Price: $475,000

1 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W13026786

Exceptional opportunity to own a bright and modern unit in a newly built stacked townhome in Downsview. This thoughtfully designed home features a functional open-concept layout with a spacious kitchen and living area, filled with natural light from large windows and enhanced by sleek LED pot lights.The designer kitchen boasts a large centre island, stainless steel appliances, and under-cabinet lighting-perfect for everyday living and entertaining. The generously sized bedroom offers a walk-in closet along with a custom-built wardrobe for ample storage.Enjoy your private front terrace, ideal for BBQs and outdoor relaxation.Conveniently located just steps to transit and minutes to Yorkdale Mall, Highway 401, Allen Road, parks, and top-rated schools. Perfect for first-time buyers, downsizers, or investors.

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$475,000 - 867 Wilson Avenue Unit 5B, Downsview

Condo for Sale in Downsview

58 days on market
1Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
W13026786
Property Type
Condo
Status
active
Days on Site
58
Bedrooms
1
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Downsview / Black Creek
Locker
Ensuite+Exclusive
Exposure
South
Balcony
Terrace
Listing Brokerage
CENTURY 21 REGAL REALTY INC.
Description

Exceptional opportunity to own a bright and modern unit in a newly built stacked townhome in Downsview. This thoughtfully designed home features a functional open-concept layout with a spacious kitchen and living area, filled with natural light from large windows and enhanced by sleek LED pot lights.The designer kitchen boasts a large centre island, stainless steel appliances, and under-cabinet lighting-perfect for everyday living and entertaining. The generously sized bedroom offers a walk-in closet along with a custom-built wardrobe for ample storage.Enjoy your private front terrace, ideal for BBQs and outdoor relaxation.Conveniently located just steps to transit and minutes to Yorkdale Mall, Highway 401, Allen Road, parks, and top-rated schools. Perfect for first-time buyers, downsizers, or investors.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,437.00/mo

Includes CMHC insurance ($13,253)

$
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5%10%50%

5-yr fixed avg.

Principal: $427,500Interest: $290,346
Mortgage Amount$440,753
Total Interest$290,346
Est. Property Tax$336/mo
Total Cost$731,099

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

867 Wilson Avenue Unit 5B, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$455
Property Tax (est.)-$336
Insurance (est.)-$99
Net Cash Flow+$910

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 $679/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 58 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.

Efficient Living

At 700 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.

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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    867 Wilson Avenue Unit 5B | $475,000 | Battaglia Team