48 Clair Road, Toronto W05

Price: $1,399,900

3 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13626812

First Time Offered on the Market! This custom built spacious 5-level detached sidesplit is situated on a premium 68.25 x 108.25 ft. lot backing directly onto an elementary school. Ideal for growing families, multi-generational living, or savvy investors, this well-maintained home offers exceptional space, flexibility, and endless possibilities. Featuring 3+1 bedrooms, 4 bathrooms, 2 kitchens, an attached 2-car garage, a separate side entrance, and a walk-up from the lower level to the backyard, this unique layout is designed for comfortable family living. The bright main level showcases modern hardwood flooring in the living and dining rooms, while four finished levels provide generous living and entertaining space throughout. The versatile lower levels include a spacious family room, den, recreation room with fireplace, second kitchen, wet bar, and a 3-piece bathroom, making it ideal for extended family, guests, or additional living space. The home has been well maintained over the years with numerous improvements completed throughout its ownership. Located in a highly sought-after family neighbourhood, this exceptional home is within walking distance to schools, parks, transit, shopping, and everyday amenities, with convenient access to major highways. A rare opportunity to own a meticulously maintained home on one of the area's finest premium lots.

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$1,399,900 - 48 Clair Road, Downsview

Detached for Sale in Downsview

Neighbourhood: Glenfield-Jane Heights

3Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W13626812
Property Type
Detached
Status
active
Days on Site
23
Bedrooms
3
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Downsview / Black Creek
Listing Brokerage
NEW WORLD 2000 REALTY INC.
Description

First Time Offered on the Market! This custom built spacious 5-level detached sidesplit is situated on a premium 68.25 x 108.25 ft. lot backing directly onto an elementary school. Ideal for growing families, multi-generational living, or savvy investors, this well-maintained home offers exceptional space, flexibility, and endless possibilities. Featuring 3+1 bedrooms, 4 bathrooms, 2 kitchens, an attached 2-car garage, a separate side entrance, and a walk-up from the lower level to the backyard, this unique layout is designed for comfortable family living. The bright main level showcases modern hardwood flooring in the living and dining rooms, while four finished levels provide generous living and entertaining space throughout. The versatile lower levels include a spacious family room, den, recreation room with fireplace, second kitchen, wet bar, and a 3-piece bathroom, making it ideal for extended family, guests, or additional living space. The home has been well maintained over the years with numerous improvements completed throughout its ownership. Located in a highly sought-after family neighbourhood, this exceptional home is within walking distance to schools, parks, transit, shopping, and everyday amenities, with convenient access to major highways. A rare opportunity to own a meticulously maintained home on one of the area's finest premium lots.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,192.23/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,119,920Interest: $737,749
Mortgage Amount$1,119,920
Total Interest$737,749
Est. Property Tax$992/mo
Total Cost$1,857,669

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: Glenfield-Jane Heights

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

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

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.

70
Walk Score
Varies
Price Range

48 Clair Road, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,900/mo
Range: $2,465 - $3,335
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,900
Maintenance Fees-$0
Property Tax (est.)-$992
Insurance (est.)-$292
Net Cash Flow+$1,616

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 $700/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.

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.

Bathroom Count Matters

With 4 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 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.

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    48 Clair Road, Downsview / Black Creek | $1,399,900 | Battaglia Team