6 Monaco Court Unit Basement, Toronto W05

Price: $1,000

3 bedrooms, 1 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13809494

2 bedroom basement availaible for lease. A Rare Offering in Prime North York Discover an exceptional opportunity to lease one of the largest parcels in the neighbourhood. Perfectly positioned near the newly inaugurated LRT and just minutes from Vaughan downtown, three nearby subway stations, this basement provides seamless access to transit, York University, major highways, shopping, and top amenities-all while being tucked away on a quiet, desirable court. Please Note: There is also an option to lease the bedrooms separately at $600 per month for each room. This provides a flexible and affordable option for tenants looking for individual room rentals.

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$1,000/mo - 6 Monaco Court Unit Basement, Downsview

Detached for Rent in Downsview

Neighbourhood: Black Creek

3Beds
1Baths
1,500 - 1,999Sq Ft
Detached

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Property Details
MLS Number
W13809494
Property Type
Detached
Status
active
Days on Site
16
Bedrooms
3
Bathrooms
1
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Downsview / Black Creek
Listing Brokerage
RE/MAX GOLD REALTY INC.
Description

2 bedroom basement availaible for lease. A Rare Offering in Prime North York Discover an exceptional opportunity to lease one of the largest parcels in the neighbourhood. Perfectly positioned near the newly inaugurated LRT and just minutes from Vaughan downtown, three nearby subway stations, this basement provides seamless access to transit, York University, major highways, shopping, and top amenities-all while being tucked away on a quiet, desirable court. Please Note: There is also an option to lease the bedrooms separately at $600 per month for each room. This provides a flexible and affordable option for tenants looking for individual room rentals.

Neighbourhood Guide: Black Creek

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

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

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.

70
Walk Score
Varies
Price Range

6 Monaco Court Unit Basement, Downsview / Black Creek

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Rental Market Analysis

How this lease stacks up against the local rental market

Asking Rent
$1,000/mo
↓ Below typical 3-bed market rent
Annual Rent Cost
$12,000
12 × monthly rent

Estimated Monthly Budget

Asking Rent$1,000/mo
Utilities (est.)~$180/mo
Est. Total Monthly Cost~$1,180/mo

Things to Confirm Before Signing

· Are utilities included, or separate?

· How many parking spots are included?

· Is the landlord open to a 1-year or 2-year lease?

· Are pets and small renovations (paint, hooks) allowed?

· When was the last rent increase, if there is a prior tenant?

Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

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 Rent

At $1,000/mo, this is priced below the typical 3-bedroom rent of ~$3,500/mo in Downsview. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.

Market Position

At 16 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.

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.

Lease Terms to Negotiate

Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.

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    6 Monaco Court Unit Basement | $1,000 | Battaglia Team