$699,000 - 28 Candlewood Crescent, Downsview
Detached for Sale in Downsview
New — Listed yesterdayNeighbourhood: York University Heights
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- MLS Number
- W13867130
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Downsview / Black Creek
- Taxes (2025)
- $4,404
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Lovingly Owned By The Same Family For 57 Years! This beautifully maintained 3-bedroom, 2-bathroom bungalow offers a wonderful blend of timeless character, modern updates, and exceptional outdoor space in a sought-after location close to York University. Step inside to discover beautiful hardwood floors throughout, an inviting open-concept layout, and an abundance of natural light that fills the spacious principal rooms. The modern kitchen offers a stylish and functional space for everyday living and entertaining, while the generously sized bedrooms provide plenty of room for the whole family. Outside, this property truly shines. Mature landscaping creates a private and peaceful setting, while the large backyard workshop offers incredible versatility for the hobbyist, craftsman, or anyone needing additional storage and workspace. Formerly a garage, this large workshop can easily be restored to its original use. A peaceful Sunroom adds 150 sfq feet to extend Spring and Fall seasons. A fantastic dry sauna provides the perfect place to relax and unwind after a long day. The private double driveway accommodates up to five vehicles, adding valuable convenience. Additional highlights include a durable metal roof and the pride of ownership that comes with nearly six decades of the same family caring for the home. Located close to York University, transit, parks, schools, shopping, and everyday amenities, this is a rare opportunity to own a spacious and well-loved bungalow in an established neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$3,586.23/mo
Includes CMHC insurance ($19,502)
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.
28 Candlewood Crescent, 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 $635/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Downsview's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Downsview.
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.
Investment Perspective
Looking at this as an investment: Downsview properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.