94 Goldsboro Road, Toronto W05

Price: $948,900

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W12971428

Welcome to 94 Goldsboro Road, Large 3-level Backsplit in Prime Humber-Summit location, on a premium, enormous lot approx 50 x 120 feet, the largest lot on the street. This home shows pride of ownership with many Upgrades and has been recently Professionally Painted throughout. Well-lit Open Concept Home and Functional Floor Plan. The Upstairs kitchen was upgraded with a State-of-the-Art skylight. ceramic and hardwood floors throughout. Mostly upgraded windows, New roof, New AC and Furnace. Large finished basement with Separate entrance, cantina and 3-piece shower. The basement has been fully excavated and extended. Don't miss this ideal turn-key home, great for End-users and Investors.

94 Goldsboro Road - Detached photo 1 of 29 in Downsview / Black Creek, Ontario
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$948,900 - 94 Goldsboro Road, Downsview

Detached for Sale in Downsview

71 days on market
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W12971428
Property Type
Detached
Status
active
Days on Site
71
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Downsview / Black Creek
Listing Brokerage
ROYAL LEPAGE MAXIMUM REALTY
Description

Welcome to 94 Goldsboro Road, Large 3-level Backsplit in Prime Humber-Summit location, on a premium, enormous lot approx 50 x 120 feet, the largest lot on the street. This home shows pride of ownership with many Upgrades and has been recently Professionally Painted throughout. Well-lit Open Concept Home and Functional Floor Plan. The Upstairs kitchen was upgraded with a State-of-the-Art skylight. ceramic and hardwood floors throughout. Mostly upgraded windows, New roof, New AC and Furnace. Large finished basement with Separate entrance, cantina and 3-piece shower. The basement has been fully excavated and extended. Don't miss this ideal turn-key home, great for End-users and Investors.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,868.35/mo

Includes CMHC insurance ($26,474)

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5%10%50%

5-yr fixed avg.

Principal: $854,010Interest: $580,020
Mortgage Amount$880,484
Total Interest$580,020
Est. Property Tax$672/mo
Total Cost$1,460,505

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

94 Goldsboro Road, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$672
Insurance (est.)-$198
Net Cash Flow+$1,930

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

Fair Market Value

At $863/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 71 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.

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 $3,954 (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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    94 Goldsboro Road, Downsview / Black Creek | $948,900 | Battaglia Team