55 Godstone Road Unit 111, Toronto C15

Price: $589,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: C13480412

Rarely offered and spacious 3-bedroom co-ownership unit located in the highly sought-after Godstone Manor community. This well-maintained home features hardwood flooring throughout, generously sized bedrooms, and a walkout to a private fenced backyard complete with a BBQ area-perfect for relaxing or entertaining. The finished basement offers a large recreation room, ideal for a family lounge, home gym, or workspace, along with an oversized laundry room providing ample storage. Includes underground parking and access to visitor parking. Maintenance fees cover property taxes. Conveniently situated near schools, shopping, parks, and public transit. All measurements to be verified by the buyer. Virtually staged using AI.

55 Godstone Road Unit 111 - Condo photo 1 of 1 in Hillcrest Village / Bayview Village, Ontario
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$589,000 - 55 Godstone Road Unit 111, Bayview Village

Condo for Sale in Bayview Village

Popular Listing

Neighbourhood: Don Valley Village

3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
C13480412
Property Type
Condo
Status
active
Days on Site
14
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
Ensuite
Exposure
South
Balcony
None
Listing Brokerage
EXP REALTY
Description

Rarely offered and spacious 3-bedroom co-ownership unit located in the highly sought-after Godstone Manor community. This well-maintained home features hardwood flooring throughout, generously sized bedrooms, and a walkout to a private fenced backyard complete with a BBQ area-perfect for relaxing or entertaining. The finished basement offers a large recreation room, ideal for a family lounge, home gym, or workspace, along with an oversized laundry room providing ample storage. Includes underground parking and access to visitor parking. Maintenance fees cover property taxes. Conveniently situated near schools, shopping, parks, and public transit. All measurements to be verified by the buyer. Virtually staged using AI.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,021.88/mo

Includes CMHC insurance ($16,433)

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5%10%50%

5-yr fixed avg.

Principal: $530,100Interest: $360,029
Mortgage Amount$546,533
Total Interest$360,029
Est. Property Tax$417/mo
Total Cost$906,563

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: Don Valley Village

Discover Don Valley Village

Don Valley Village 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 Don Valley Village

  • Convenient location in Hillcrest Village / Bayview Village
  • 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

Don Valley Village 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

55 Godstone Road Unit 111, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$417
Insurance (est.)-$123
Net Cash Flow+$1,570

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 $589/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.

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. We'll want to verify the monthly fees and what they include.

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 Don Valley Village

I know Don Valley Village 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: Bayview Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,454 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    55 Godstone Road Unit 111 | $589,000 | Battaglia Team