293 Murray Ross Parkway, Toronto W05

Price: $899,000

4 bedrooms, 5 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: W13572746

Absolutely Stunning, Fully Renovated Semi-Detached Home in the Heart of York University Village! This beautifully updated 3-bedroom home features a finished basement with a separate entrance, offering excellent potential for extended family living or future income opportunities. The modern kitchen boasts stainless steel appliances, while hardwood flooring on the main level and engineered hardwood throughout the second floor and basement provide both elegance and durability. A convenient second-floor laundry rough-in adds future flexibility. Step outside to a sun-filled, professionally interlocked backyard, perfect for relaxing or entertaining. Complete with a double-car garage and meticulously maintained inside and out, this exceptional home is ideally located within walking distance to the subway, York University, parks, schools, shopping, and all essential amenities. A true turnkey property in one of the area's most sought-after communities!

293 Murray Ross Parkway - Semi-Detached photo 1 of 45 in Downsview / Black Creek, Ontario
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$899,000 - 293 Murray Ross Parkway, Downsview

Semi-Detached for Sale in Downsview

38 days on market

Neighbourhood: York University Heights

4Beds
5Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
W13572746
Property Type
Semi-Detached
Status
active
Days on Site
38
Bedrooms
4
Bathrooms
5
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Downsview / Black Creek
Lot Size
2,002 sqft
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
Description

Absolutely Stunning, Fully Renovated Semi-Detached Home in the Heart of York University Village! This beautifully updated 3-bedroom home features a finished basement with a separate entrance, offering excellent potential for extended family living or future income opportunities. The modern kitchen boasts stainless steel appliances, while hardwood flooring on the main level and engineered hardwood throughout the second floor and basement provide both elegance and durability. A convenient second-floor laundry rough-in adds future flexibility. Step outside to a sun-filled, professionally interlocked backyard, perfect for relaxing or entertaining. Complete with a double-car garage and meticulously maintained inside and out, this exceptional home is ideally located within walking distance to the subway, York University, parks, schools, shopping, and all essential amenities. A true turnkey property in one of the area's most sought-after communities!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,612.34/mo

Includes CMHC insurance ($25,082)

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5-yr fixed avg.

Principal: $809,100Interest: $549,519
Mortgage Amount$834,182
Total Interest$549,519
Est. Property Tax$637/mo
Total Cost$1,383,701

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: York University Heights

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

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

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.

70
Walk Score
Varies
Price Range

293 Murray Ross Parkway, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$2,376

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

Competitive Pricing

At $599/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.

Market Position

At 38 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 5 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 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.

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    293 Murray Ross Parkway | $899,000 | Battaglia Team