$1,135,000 - 62 Davelayne Road, Downsview
Semi-Detached for Sale in Downsview
Popular ListingNeighbourhood: Humbermede
- MLS Number
- W13468366
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 14
- Bedrooms
- 5
- Bathrooms
- 10
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Downsview / Black Creek
- Listing Brokerage
- RE/MAX METROPOLIS REALTY
Rare Opportunity! Turn-Key Custom Semi-Detached Home, Truly One Of A Kind. Finished Top To Bottom Just Move In And Start Living. The Entire Property Has Been Fully Upgraded With Exceptional Finishes Throughout; Seeing It In Person Is A Must!Featuring An Open-Concept Living, Kitchen, And Dining Area With A Walk-Out To A Stunning Glass Balcony. This Spacious Home Offers 4 Full Bathrooms, 3+2 Bedrooms, And 2 Full-Sized Kitchens. The Basement Features Two Separate Entrances And A Separate Mechanical Room, Creating Incredible Flexibility For Extended Family Living Or Outstanding Rental Income Potential.Situated On One Of The Largest Semi-Detached Lots In The Area. Prime Location Just A 7-Minute Walk To The LRT, With Easy Access To Transit, Schools, Shopping, And Everyday Amenities. An Incredible Opportunity For Both Homeowners And Investors Alike!
Estimate your monthly payments for this property
Estimated Payment
$5,020.49/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 Humbermede
Humbermede 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 Humbermede
- •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
Humbermede 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.
62 Davelayne Road, Downsview / Black Creek
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Rental income estimator & ROI calculator
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 $1032/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.
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 10 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 Humbermede
I know Humbermede 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 $4,729 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.