15 James Finlay Way Unit 723, Toronto W05

Price: $395,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: W13628630

Welcome to Ion Condos, where smart design, modern comfort, and an incredible urban lifestyle come together! This exceptionally well-designed 1-bedroom suite offers a highly functional layout with absolutely no wasted space, featuring a bright open-concept living area that seamlessly connects to the kitchen and dining space. Step back and enjoy the beautiful, peaceful courtyard views-a rare sense of tranquility in the heart of the city-while the generously sized bedroom provides the perfect private retreat. But the true appeal extends beyond the suite itself, with an impressive collection of hotel-inspired amenities designed to make everyday living feel effortless. Residents enjoy 24/7 concierge service, a fully equipped gym and yoga studio, theatre/media room, party room with kitchenette, overnight guest suite, secure card access, and a stunning outdoor terrace complete with natural gas BBQs-perfect for entertaining friends or simply relaxing outdoors. Located in the highly connected Downsview community, you are just steps from TTC and Wilson Subway Station, providing a convenient commute downtown, while Hwy 401 is virtually at your doorstep. With Yorkdale Shopping Centre, Humber River Hospital, Metro, Shoppers Drug Mart, and the expansive Downsview Park all nearby, you'll have everything you need within easy reach. Whether you're a first-time buyer, professional, or investor, this is an opportunity to enjoy stylish, low-maintenance living in a location that truly has it all. Urban convenience, resort-style amenities, peaceful views, and exceptional connectivity-welcome home to Ion Condos!

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$395,000 - 15 James Finlay Way Unit 723, Downsview

Condo for Sale in Downsview

Neighbourhood: Downsview-Roding-CFB

1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
W13628630
Property Type
Condo
Status
active
Days on Site
23
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Downsview / Black Creek
Locker
Ensuite
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX ULTIMATE REALTY INC.
Description

Welcome to Ion Condos, where smart design, modern comfort, and an incredible urban lifestyle come together! This exceptionally well-designed 1-bedroom suite offers a highly functional layout with absolutely no wasted space, featuring a bright open-concept living area that seamlessly connects to the kitchen and dining space. Step back and enjoy the beautiful, peaceful courtyard views-a rare sense of tranquility in the heart of the city-while the generously sized bedroom provides the perfect private retreat. But the true appeal extends beyond the suite itself, with an impressive collection of hotel-inspired amenities designed to make everyday living feel effortless. Residents enjoy 24/7 concierge service, a fully equipped gym and yoga studio, theatre/media room, party room with kitchenette, overnight guest suite, secure card access, and a stunning outdoor terrace complete with natural gas BBQs-perfect for entertaining friends or simply relaxing outdoors. Located in the highly connected Downsview community, you are just steps from TTC and Wilson Subway Station, providing a convenient commute downtown, while Hwy 401 is virtually at your doorstep. With Yorkdale Shopping Centre, Humber River Hospital, Metro, Shoppers Drug Mart, and the expansive Downsview Park all nearby, you'll have everything you need within easy reach. Whether you're a first-time buyer, professional, or investor, this is an opportunity to enjoy stylish, low-maintenance living in a location that truly has it all. Urban convenience, resort-style amenities, peaceful views, and exceptional connectivity-welcome home to Ion Condos!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,026.55/mo

Includes CMHC insurance ($11,021)

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5-yr fixed avg.

Principal: $355,500Interest: $241,446
Mortgage Amount$366,521
Total Interest$241,446
Est. Property Tax$280/mo
Total Cost$607,966

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-Roding-CFB

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

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-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.

70
Walk Score
Varies
Price Range

15 James Finlay Way Unit 723, 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)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$280
Insurance (est.)-$82
Net Cash Flow+$1,113

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 $790/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 23 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. We'll want to verify the monthly fees and what they include.

Efficient Living

At 500 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 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.

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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    15 James Finlay Way Unit 723 | $395,000 | Battaglia Team