$999,000 - 56 Tobermory Drive, Downsview
Detached for Sale in Downsview
Popular ListingNeighbourhood: Black Creek
- MLS Number
- W13657288
- Property Type
- Detached
- Status
- active
- Days on Site
- 13
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Downsview / Black Creek
- Listing Brokerage
- CENTURY 21 ATRIA REALTY INC.
Welcome to 56 Tobermory Drive. This renovated detached side-split sits on a rare 63 x 114.9 ftcorner lot, offering 3 bedrooms, 2 baths & real basement rental potential with its own kitchen& 3-pc bath already in place. New roof, refreshed windows, updated driveway & garage door actuator mean the big-ticket items are done - just move in. Bright principal rooms, renovated floors & a private garden add everyday livability rarely found this close to downtown Toronto.Location seals the deal: steps to the brand-new Finch West LRT Line 6 Tobermory stop, 2 stopsto Line 1 subway, minutes to York University - Schulich, Osgoode & a direct LRT ride to HumberCollege. Hwy 400 in 4 min, quick access to 401/407, Yorkdale & Vaughan Mills. This address sitsinside the City's approved Jane Finch Secondary Plan, alongside the master-planned Jane FinchMall redevelopment - 10 mixed-use buildings & over 4,600 units already approved for thecorridor, bringing major reinvestment to the neighbourhood. Families are steps to DriftwoodPark, York Woods Library, Black Creek Pioneer Village & schools incl. Driftwood PS, Brookview MS, C.W. Jefferys CI (ESTeM STEM program) & St. Wilfrid Catholic. Everyday shopping is covered:FreshCo Jane & Finch, Pacific Fresh Food Market (Chinese grocer) at Jane & Shoreham, & Walmarton Jane St. Toronto's multiplex & garden suite permissions add long-term flexibility on thisoversized corner lot (buyer to verify). Whether you're a first-time buyer stepping into detached home ownership at a condo-alternative price, or an investor drawn to basement apartment income potential on rapid transit, this North York detached house for sale checksevery box for 2026. Book your private showing today.
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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 Black Creek
Black Creek 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 Black Creek
- •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
Black Creek 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.
56 Tobermory Drive, 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
Fair Market Value
At $908/sqft, this property is priced in line with current Downsview market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Downsview. Good resale value as demand remains consistent.
About Black Creek
I know Black Creek 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 $4,163 (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.