$489,000 - 1070 Sheppard Avenue Unit 508, Downsview
Condo for Sale in Downsview
Popular ListingNeighbourhood: York University Heights
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- MLS Number
- W13823548
- Property Type
- Condo
- Status
- active
- Days on Site
- 13
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downsview / Black Creek
- Taxes (2026)
- $2,731
- Maintenance Fees
- $666/mo
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- RED HOUSE REALTY
Welcome to Suite 508 at 1070 Sheppard Ave W, a bright, spacious and well-designed 1-bedroom plus den, 2-bathroom condo just steps from Sheppard West Station. The versatile den is ideal for a home office, study area, or additional living space, while two bathrooms provide added comfort and functionality. Enjoy abundant afternoon and evening sun, and clear views from the windows and balcony, with no neighbouring building directly facing your unit. The suite features several recent upgrades, including a Bosch 300 Series dishwasher with stainless steel interior installed in December 2025, an LG ultra-large capacity washer with steam technology, a replaced Whirlpool over-the-range microwave, and a high-performance dryer lint box retrofit completed in September 2025. Enjoy an excellent selection of building amenities, including an indoor pool, gym, sauna, sports simulator, media room, community barbecue area, and parkette. Residents also have access to a party room and guest suite available for rental. The well-managed and well-maintained building is backed by a healthy reserve fund, offering residents a comfortable condominium community with well-kept common areas and amenities. Location is a major highlight: Sheppard West Subway Station and Bus Terminal are less than one block away, offering quick and convenient TTC access throughout Toronto, including easy connections to York University, the University of Toronto, and the downtown core. Commuters also benefit from nearby Downsview Park GO Station, Allen Road, and Highway 401, with Pearson International Airport an easy drive away. Everyday shopping and entertainment are close at hand, with Costco, Yorkdale Shopping Centre, grocery stores, restaurants, cafés, and essential services all nearby. Spend weekends at Downsview Park, explore nearby recreation facilities and trails, or enjoy concerts and major events at Rogers Stadium. Families will appreciate proximity to neighbourhood schools, including William Lyon Mackenzie.
Estimate your monthly payments for this property
Estimated Payment
$2,508.82/mo
Includes CMHC insurance ($13,643)
5-yr fixed avg.
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.
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
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.
1070 Sheppard Avenue Unit 508, Downsview / Black Creek
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $699/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.
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 $666/month fees should cover building insurance, common elements, and reserve contributions.
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.
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.