$879,900 - 37 Newlin Crescent, Downsview
Semi-Detached for Sale in Downsview
61 days on marketNeighbourhood: Glenfield-Jane Heights
- MLS Number
- W13483244
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 61
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Downsview / Black Creek
- Listing Brokerage
- SPECTRUM REALTY SERVICES INC.
37 Newlin Crescent, TORONTO. Opportunity awaits at this charming home situated on a premium 30.03 x 125.35 ft lot backing directly onto the beautiful Downsview Dells ravine. Offering approximately 1,188 sq. ft. on the main level plus an additional 920 sq. ft. of finished basement space, this property provides plenty of room for growing families, investors, or those looking to create their dream home. The main floor bath tub has been converted to a step-in tub and includes grab bars. The basement bathroom has been converted to a roll-under sink and a roll-in shower with grab bars. The outdoor area has 2 Gas Lines for BBQ book up. Featuring 3 spacious bedrooms, 2 bathrooms, and a dedicated office, this home offers functional layout with endless potential. The finished basement adds valuable living space for recreation, work, or extended family use. A truly rare feature is the detached garage with its own separate basement/storage area, providing approximately 240 sq. ft. of additional space-ideal for hobbyists, contractors, storage, or workshop use. Surrounded by nature and backing onto the ravine, this property offers privacy and picturesque views rarely found in the city. While the home could benefit from some updating and TC, it boasts great bones and tremendous potential for renovation, customization, or future value growth. This lovely home is in a very nice neighbourhood. It is conveniently located close to schools, public transit, York University, community centres, libraries, shopping, places of worship, golf and conservation. Don't miss this incredible opportunity to own a ravine-lot property in a sought-after TORONTO AREA neighborhood. Sellers Makes No Representations Or Warranties on property & appliances. Flexible Closing Available. Ideal For Renovation Or Investment-Strong Potential In Established North Toronto Area neighbourhood. ONE OF THE SELLERS IS A (RREA).
Estimate your monthly payments for this property
Estimated Payment
$4,514.34/mo
Includes CMHC insurance ($24,549)
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 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
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.
37 Newlin Crescent, 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
Competitive Pricing
At $800/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.
Negotiation Opportunity
At 61 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.
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 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.
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 $3,666 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.