$885,000 - 68 Paulvale Crescent, Downsview
Semi-Detached for Sale in Downsview
81 days on marketNeighbourhood: York University Heights
- MLS Number
- W13016128
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 81
- Bedrooms
- 6
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Downsview / Black Creek
- Listing Brokerage
- RE/MAX METROPOLIS REALTY
Welcome to 68 Paulvale Cres, a well-maintained semi-detached home nestled in the highly sought-after York University Heights neighbourhood. Perfect for investors or families, this versatile property offers strong income potential in a prime Toronto location, just minutes from York University, TTC transit, shopping, parks, and everyday amenities. The home features 6 bedrooms and 2 bathrooms with a functional layout ideal for multi-generational living or rental use. The self-contained basement includes a separate entrance, kitchen, bathroom, and laundry, making it an excellent option for extended family living. Bright principal rooms and a practical floorplan provide comfort and flexibility for a variety of living arrangements. Situated on a generous 30 x 110 ft lot with a solid brick exterior, this property offers long-term value and future potential. Notable upgrades include a new roof (2022), upgraded insulation (2022), new windows and doors (2021), furnace (2018), updated kitchen (2022), new living room flooring, and a main-floor washing machine installed in 2022.With convenient access to major highways, schools, and community facilities, this is a rare opportunity to own in one of Toronto's most in-demand residential and rental communities
Estimate your monthly payments for this property
Estimated Payment
$4,540.51/mo
Includes CMHC insurance ($24,692)
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 York University Heights
York University Heights 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 York University Heights
- •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
York University Heights 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.
68 Paulvale Crescent, 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 $805/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.
Negotiation Opportunity
At 81 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 6 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.
About York University Heights
I know York University Heights 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 $3,688 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.