$1,089,000 - 21 Wallasey Avenue, Downsview
Detached for Sale in Downsview
Neighbourhood: Humberlea-Pelmo Park W5
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- MLS Number
- W13795928
- Property Type
- Detached
- Status
- active
- Days on Site
- 20
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Downsview / Black Creek
- Taxes (2026)
- $4,911
- Listing Brokerage
- EXP REALTY
Welcome to 21 Wallasey Avenue, an impeccably maintained 3+1 bedroom bungalow set on an impressive 60 x 165 ft lot, offering exceptional space, flexibility and future potential.With nearly 1,500 sq. ft. on the main level, this expansive home delivers a comfortable, well-designed layout featuring a generous living area, separate laundry and a private ensuite in the primary bedroom. Downstairs, the massive finished basement apartment offers outstanding versatility, complete with a separate entrance and rear walk-up to the backyard-ideal for extended family, additional living space or potential rental income.Outdoors, the premium 60 x 165 ft lot provides an exceptional canvas for creating the backyard retreat you've been envisioning, while parking for up to nine vehicles adds a level of convenience rarely found.Thoughtful updates further enhance the property, including a newer roof (2022), windows, furnace and air conditioning, exterior doors, front walkways, paved driveway and distinctive wraparound stucco detailing.Ideally positioned just steps from transit, schools and shopping, with convenient access to Highway 401, 21 Wallasey Avenue combines generous proportions, valuable flexibility and an exceptional lot in one compelling offering. A rare opportunity to enjoy today while unlocking even more potential for the future.
Estimate your monthly payments for this property
Estimated Payment
$4,817.01/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 Humberlea-Pelmo Park W5
Humberlea-Pelmo Park W5 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 Humberlea-Pelmo Park W5
- •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
Humberlea-Pelmo Park W5 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.
21 Wallasey Avenue, 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
Fair Market Value
At $990/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.
Market Position
At 20 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 Humberlea-Pelmo Park W5
I know Humberlea-Pelmo Park W5 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.