$1,039,999 - 2864 Weston Road, Downsview
Detached for Sale in Downsview
68 days on marketNeighbourhood: Humberlea-Pelmo Park W5
- MLS Number
- W13062386
- Property Type
- Detached
- Status
- active
- Days on Site
- 68
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Downsview / Black Creek
- Listing Brokerage
- CENTURY 21 PEOPLE`S CHOICE REALTY INC.
YOUR DREAM HOME AWAITS YOU!!! Welcome to this Gorgeous 3+2 Bedroom Detached Bungalow. It features Bright & Spacious Living & Dining Room, Lovely Floors, Huge Bedrooms, Double Car Garage, Tons of Parking with Gate, Garden Shed and Large Backyard, Perfect for garden, BBQ & outdoor sitting. Plus, Rental Income Potential: Massive Basement with Open concept Living/Dining/Kitchen, 3-piece Washroom, 2 Ample Bedrooms, & Separate Entrance. Located very close to Hi-ways 401 & 400, Go station, TTC, Bus stops, Airport, Golf Clubs, Supermarkets, Gym, Shops, Restaurants, Malls, Plazas, Schools, Parks, Community Centre, Place of Worships, etc.
Estimate your monthly payments for this property
Estimated Payment
$4,600.27/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.
2864 Weston Road, Downsview / Black Creek
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Rental income estimator & ROI calculator
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 $945/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.
Negotiation Opportunity
At 68 days on site, this property has exceeded the typical selling timeline for Downsview. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 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.
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 $4,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.