$1,299,000 - 41 Keegan Crescent, Downsview
Detached for Sale in Downsview
Neighbourhood: York University Heights
- MLS Number
- W13646508
- Property Type
- Detached
- Status
- active
- Days on Site
- 17
- Bedrooms
- 8
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Downsview / Black Creek
- Listing Brokerage
- LPT REALTY
**3 LEGAL DWELLING UNITS** - Discover A Rare Turnkey Property That Combines Luxury, Versatility, And Excellent Rental Income Potential! Set On A Premium 45 x 137 Pie-Shaped **RAVINE LOT** In A Highly Sought-After North York Family Neighbourhood, This Fully Renovated Home Offers 3 Separate Legal Dwelling Units - Perfect For Investors, Multi-Generational Families, Or Homeowners Looking To Generate Rental Income And Reduce Mortgage Costs.Thoughtfully Renovated In 2026 With City Permits And Inspections, This Move-In-Ready Residence Offers Modern Finishes And Exceptional Functionality Throughout. The Carpet-Free Interior Features New Flooring And Tiling, Piano-Style Stairs With Contemporary Spindles, Neutral Paint Tones, Upgraded Light Fixtures, Pot Lights, And Quality Finishes Throughout. Each Of The 3 Brand New Kitchens Includes Quartz Countertops, Stainless Steel Appliances, Modern Cabinetry, And Stylish Backsplashes.The Home Also Boasts A Stunning **SUNROOM FEATURING A JACUZZI** Tub And Comfortable Sitting Area, Creating The Perfect Space To Unwind. Take In Serene Ravine Views From The **ATTACHED BALCONY**, Or Enjoy The Added Comfort Of The **PORCH ENCLOSURE** Throughout The Seasons. A Flexible Main-Floor Room With Its Own Attached Bathroom Can Easily Serve As An Office, Guest Room, Or Additional Bedroom.Step Outside To A Covered Front Porch, Side Gazebo/Shed, And An Expansive Backyard Offering Plenty Of Space For Future Possibilities. The Double Car Garage Provides Excellent Storage, While The Oversized Driveway Offers Parking For Up To 8 Cars. Additional Highlights Include Security Cameras, Two Sets Of Washers And Dryers, Fully Updated Bathrooms, Wall Paneling, And Numerous Thoughtful Upgrades.Conveniently Located Just Minutes From York University, Finch West LRT, Highway 400, Schools, Parks, Shopping, And Everyday Amenities. A Unique Opportunity To Enjoy **Luxury Living, Strong Cash Flow, And Prime Location** With Endless Possibilities!
Estimate your monthly payments for this property
Estimated Payment
$5,745.92/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 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
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.
41 Keegan Crescent, 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
Competitive Pricing
At $433/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 17 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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 8 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.
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.