$979,000 - 2894 Weston Road, Downsview
Detached for Sale in Downsview
Neighbourhood: Humberlea-Pelmo Park W5
- MLS Number
- W13444400
- Property Type
- Detached
- Status
- active
- Days on Site
- 22
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Downsview / Black Creek
- Listing Brokerage
- RE/MAX PREMIER INC.
Welcome to this beautifully maintained detached bungalow with a single-car garage, nestled on a spacious 50 130 ft lot in the sought-after Humberlea community. This home features 3 bedrooms, an upgraded kitchen with granite countertops and stainless steel appliances, and a stylish bathroom complete with heated flooring. The combined living and dining room offers a warm and inviting space for family gatherings. A convenient side entrance leads to the basement, additional BRAND NEW 3 Piece Bathroom, Laundry Room and open canvas to create a potential secondary suite, games room, gym, or additional living space to suit your needs. The exterior is equally impressive with a well-Landscaped yard, interlocking brick, and a private backyard perfect for relaxing or entertaining. Ideally located, Steps to TTC, major highways (400, 401, 409), Pearson Airport, Humber Valley Golf Course, Humber River Hospital, scenic trails along the Humber River, schools, parks, places of worship, and the new community centre currently under construction. Don't miss this opportunity to own a versatile home in a highly desirable neighborhood!
Estimate your monthly payments for this property
Estimated Payment
$5,022.78/mo
Includes CMHC insurance ($27,314)
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.
2894 Weston Road, 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 $890/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 22 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $4,079 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.