345 Driftwood Avenue Unit 807, Toronto W05

Price: $349,900

2 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: W13782616

Welcome to 345 Driftwood avenue- immaculate, move in ready home that blends modern finished with everyday convenience. thoughtfully renovated, $$$ spent-this bright and cheerful unit features a updated bathroom, upgrade flooring throughout, and fresh paint in a clean. The spacious living area creating a stylish focal point perfect for relaxing or entertaining. Enjoy the added comfort of ensuite laundry and step out onto your private balcony- an ideal spot for your morning coffee or evening unwind. this well-managed building offers peace of mind, while the generous room sizes provides flexibility for both living and working from home. This home is truly a first time home buyer dream. Conveniently located close to shopping, transit, schools, and everyday amenities, this is an excellent opportunity for first-time buyers, downsizers, or investors - especially those looking to cater to students attending nearby institutions. A fantastic blend of style, space, and location - Don't miss it!

345 Driftwood Avenue Unit 807 - Condo photo 1 of 26 in Downsview / Black Creek, Ontario
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active

$349,900 - 345 Driftwood Avenue Unit 807, Downsview

Condo for Sale in Downsview

Neighbourhood: Black Creek

2Beds
1Baths
800Sq Ft
Condo

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Property Details
MLS Number
W13782616
Property Type
Condo
Status
active
Days on Site
23
Bedrooms
2
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Downsview / Black Creek
Taxes (2026)
$805
Maintenance Fees
$968/mo
Locker
Exclusive
Exposure
West
Balcony
Open
Listing Brokerage
RE/MAX GOLD REALTY INC.
Description

Welcome to 345 Driftwood avenue- immaculate, move in ready home that blends modern finished with everyday convenience. thoughtfully renovated, $$$ spent-this bright and cheerful unit features a updated bathroom, upgrade flooring throughout, and fresh paint in a clean. The spacious living area creating a stylish focal point perfect for relaxing or entertaining. Enjoy the added comfort of ensuite laundry and step out onto your private balcony- an ideal spot for your morning coffee or evening unwind. this well-managed building offers peace of mind, while the generous room sizes provides flexibility for both living and working from home. This home is truly a first time home buyer dream. Conveniently located close to shopping, transit, schools, and everyday amenities, this is an excellent opportunity for first-time buyers, downsizers, or investors - especially those looking to cater to students attending nearby institutions. A fantastic blend of style, space, and location - Don't miss it!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,795.17/mo

Includes CMHC insurance ($9,762)

$
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5%10%50%

5-yr fixed avg.

Principal: $314,910Interest: $213,878
Mortgage Amount$324,672
Total Interest$213,878
Est. Property Tax$248/mo
Total Cost$538,551

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: Black Creek

Discover Black Creek

Black Creek 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 Black Creek

  • •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

Black Creek 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

345 Driftwood Avenue Unit 807, 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)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$968
Property Tax (est.)-$248
Insurance (est.)-$73
Net Cash Flow+$911

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 $437/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 23 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. The $968/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 800 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 Black Creek

I know Black Creek 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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    345 Driftwood Avenue Unit 807 | $349,900 | Battaglia Team