$1,498,888 - 55 Muir Avenue, Downsview
Detached for Sale in Downsview
32 days on marketNeighbourhood: Humber Summit
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- MLS Number
- W13748968
- Property Type
- Detached
- Status
- active
- Days on Site
- 32
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Downsview / Black Creek
- Taxes (2025)
- $6,561
- Listing Brokerage
- RE/MAX EXPERTS
Prepare to be amazed by this one-of-a-kind, custom-built luxury home built in 2022 in prestigious Humber Summit! Designed with modern elegance and superior craftsmanship, this sun-filled 4+1 bedroom, 5-bath masterpiece offers approximately 3,500 sq.ft. of refined living space, including a beautifully finished walk-up basement with separate entrances from the side and back. The home features four spacious bedrooms upstairs-each with its own ensuite-and a versatile in-law suite below, perfect for extended family or guests. Flooded with natural light from 7 stunning skylights, and warmed by two elegant fireplaces, every room showcases exceptional detail and quality. The gourmet kitchen flows seamlessly into the open-concept living and dining areas, creating an inviting space for entertaining. Step out onto the backyard deck for serene outdoor enjoyment. The exterior impresses with new interlocking and concrete work (front and back), and a massive driveway with no sidewalk-parking for up to 8 cars! With timeless curb appeal, thoughtful design, and luxurious finishes throughout, this is more than a home-it's a lifestyle of comfort, style, and sophistication in one of Toronto's most desirable neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$6,630.08/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 Humber Summit
Humber Summit 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 Humber Summit
- •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
Humber Summit 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.
55 Muir Avenue, 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 $749/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 32 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.
Excellent Flexibility
With 5 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.
About Humber Summit
I know Humber Summit 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.