62 Davelayne Road, Toronto W05

Price: $999,999

5 bedrooms, 4 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: W13468366

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!

62 Davelayne Road - Semi-Detached photo 1 of 48 in Downsview / Black Creek, Ontario
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$999,999 - 62 Davelayne Road, Downsview

Semi-Detached for Sale in Downsview

65 days on market

Neighbourhood: Humbermede

5Beds
4Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
W13468366
Property Type
Semi-Detached
Status
active
Days on Site
65
Bedrooms
5
Bathrooms
4
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Downsview / Black Creek
Listing Brokerage
RE/MAX METROPOLIS REALTY
Description

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!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,130.51/mo

Includes CMHC insurance ($27,900)

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5%10%50%

5-yr fixed avg.

Principal: $899,999Interest: $611,255
Mortgage Amount$927,899
Total Interest$611,255
Est. Property Tax$708/mo
Total Cost$1,539,154

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: Humbermede

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

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

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.

70
Walk Score
Varies
Price Range

62 Davelayne Road, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,684

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

Fair Market Value

At $909/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.

Negotiation Opportunity

At 65 days on site, this property has exceeded the typical selling timeline for Downsview. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 4 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.

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    62 Davelayne Road, Downsview / Black Creek | $999,999 | Battaglia Team