$1,149,000 - 116 Exbury Road, Downsview
Detached for Sale in Downsview
Neighbourhood: Downsview-Roding-CFB
- MLS Number
- W13621806
- Property Type
- Detached
- Status
- active
- Days on Site
- 24
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Downsview / Black Creek
- Listing Brokerage
- CAPITAL NORTH REALTY CORPORATION
Lovingly Maintained By The Same Owners For Over 50 Years, This Solid 4-Bedroom, 2-Storey Detached Home Sits On A Premium 50' x 120' Lot Backing Onto A Peaceful Ravine. Filled With Pride Of Ownership, The Home Offers Over 1,500 Sq. Ft. Of Above-Grade Living Space Featuring Hardwood Floors Throughout The Living, Dining And Bedroom Areas. The Bright Eat-In Kitchen Overlooks The Ravine And Backyard, Creating A Tranquil Setting For Everyday Living. The Finished Walk-Out Basement Includes A Second Kitchen And Spacious Recreation Room, Offering Excellent In-Law Suite Or Multi-Generational Living Potential. Complete With An Attached Garage, Parking For Five Vehicles, And Located Close To Schools, Parks, Golf, Hospitals, Libraries And Transit. This Is A Rare Opportunity To Own A Cherished Home In A Sought-After Family Neighbourhood While Adding Your Own Personal Touches.
Estimate your monthly payments for this property
Estimated Payment
$5,082.41/mo
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 Downsview-Roding-CFB
Downsview-Roding-CFB 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-Roding-CFB
- •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
Downsview-Roding-CFB 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.
116 Exbury Road, 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 $766/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 24 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.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Downsview. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Downsview-Roding-CFB
I know Downsview-Roding-CFB 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.