2839 Jane Street, Toronto W05

Price: $483,540

2 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: W13552128

Sleek, modern brand new never lived in condo ! Discover the highly sought-after "Basewood" floor plan-a meticulously designed 1-Bedroom plus Den layout featuring modern finishes, soaring 9-foot ceilings, large windows, and a sleek, European-inspired kitchen. Situated on the 7th floor (Suite 713), this bright and open-concept suite offers seamless urban living paired with fantastic building amenities, including a 24-hour concierge, a fully equipped fitness studio, a multi-purpose room, and a massive rooftop terrace with BBQ dining areas. Complete with a private storage locker. UNBEATABLE LOCATION! Nestled right by Derrydowns Park and minutes from the expansive 500-acre Downsview Park, it is a haven for nature lovers. Steps to local transit, the Finch West LRT/Subway line, York University, and immediate highway access (Hwy 400/401) for an effortless commute. ASSIGNMENT SALE. TAXES AND PROPERTY ASSESSMENT NOT YET AVAILABLE. MAINTENANCE IS ASSUMED PER BUILDER. OCCUPANCY IS SOON.

2839 Jane Street - Condo photo 1 of 4 in Downsview / Black Creek, Ontario
2839 Jane Street - Condo photo 2 of 4 in Downsview / Black Creek, Ontario
2839 Jane Street - Condo photo 3 of 4 in Downsview / Black Creek, Ontario
2839 Jane Street - Condo photo 4 of 4 in Downsview / Black Creek, Ontario
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$483,540 - 2839 Jane Street, Downsview

Condo for Sale in Downsview

44 days on market

Neighbourhood: Glenfield-Jane Heights

2Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
W13552128
Property Type
Condo
Status
active
Days on Site
44
Bedrooms
2
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Downsview / Black Creek
Locker
Owned
Exposure
West
Balcony
Terrace
Listing Brokerage
ROYAL LEPAGE VISION REALTY
Description

Sleek, modern brand new never lived in condo ! Discover the highly sought-after "Basewood" floor plan-a meticulously designed 1-Bedroom plus Den layout featuring modern finishes, soaring 9-foot ceilings, large windows, and a sleek, European-inspired kitchen. Situated on the 7th floor (Suite 713), this bright and open-concept suite offers seamless urban living paired with fantastic building amenities, including a 24-hour concierge, a fully equipped fitness studio, a multi-purpose room, and a massive rooftop terrace with BBQ dining areas. Complete with a private storage locker. UNBEATABLE LOCATION! Nestled right by Derrydowns Park and minutes from the expansive 500-acre Downsview Park, it is a haven for nature lovers. Steps to local transit, the Finch West LRT/Subway line, York University, and immediate highway access (Hwy 400/401) for an effortless commute. ASSIGNMENT SALE. TAXES AND PROPERTY ASSESSMENT NOT YET AVAILABLE. MAINTENANCE IS ASSUMED PER BUILDER. OCCUPANCY IS SOON.

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Estimate your monthly payments for this property

Estimated Payment

$2,480.81/mo

Includes CMHC insurance ($13,491)

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5-yr fixed avg.

Principal: $435,186Interest: $295,566
Mortgage Amount$448,677
Total Interest$295,566
Est. Property Tax$343/mo
Total Cost$744,243

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: Glenfield-Jane Heights

Discover Glenfield-Jane Heights

Glenfield-Jane 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 Glenfield-Jane 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

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

Glenfield-Jane 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.

70
Walk Score
Varies
Price Range

2839 Jane Street, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$325
Property Tax (est.)-$343
Insurance (est.)-$101
Net Cash Flow+$1,431

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

Fair Market Value

At $967/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 44 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 Glenfield-Jane Heights

I know Glenfield-Jane 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.

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    2839 Jane Street, Downsview / Black Creek | $483,540 | Battaglia Team