1 Four Winds Drive Unit 207, Toronto W05

Price: $499,900

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13715214

Spacious and well-maintained 3-bedroom, 2-bathroom condo in the highly desirable York University Heights community. This bright unit features a functional open-concept layout with a modern updated kitchen, ceramic flooring, and Laminate flooring throughout the living areas and bedrooms. The primary bedroom includes a convenient 2-piece ensuite and walk-in closet. Enjoy the open balcony, ensuite laundry, and one underground parking space. Residents have access to excellent building amenities, including an indoor pool, sauna, recreation room, security system, and security guard. Conveniently located just steps to TTC, schools, shopping, parks, and with easy access to major highways. A fantastic opportunity for first-time buyers, families, or investors!

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active

$499,900 - 1 Four Winds Drive Unit 207, Downsview

Condo for Sale in Downsview

42 days on market

Neighbourhood: York University Heights

3Beds
2Baths
1,200Sq Ft
Condo

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Property Details
MLS Number
W13715214
Property Type
Condo
Status
active
Days on Site
42
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Downsview / Black Creek
Taxes (2025)
$1,796
Maintenance Fees
$1,030/mo
Locker
Ensuite+Exclusive
Exposure
West
Balcony
Open
Listing Brokerage
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Description

Spacious and well-maintained 3-bedroom, 2-bathroom condo in the highly desirable York University Heights community. This bright unit features a functional open-concept layout with a modern updated kitchen, ceramic flooring, and Laminate flooring throughout the living areas and bedrooms. The primary bedroom includes a convenient 2-piece ensuite and walk-in closet. Enjoy the open balcony, ensuite laundry, and one underground parking space. Residents have access to excellent building amenities, including an indoor pool, sauna, recreation room, security system, and security guard. Conveniently located just steps to TTC, schools, shopping, parks, and with easy access to major highways. A fantastic opportunity for first-time buyers, families, or investors!

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Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

$
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5%10%50%

5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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: York University Heights

Discover York University Heights

York University Heights 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 York University Heights

  • •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

York University Heights 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

1 Four Winds Drive Unit 207, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$1,030
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,432

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 $417/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 42 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. The $1030/month fees should cover building insurance, common elements, and reserve contributions.

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.

About York University Heights

I know York University Heights well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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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    1 Four Winds Drive Unit 207 | $499,900 | Battaglia Team