69 Haynes Avenue, Toronto W05

Price: $998,000

11 bedrooms, 7 bathrooms

2,000 - 2,499 sqft

Property Type: Semi-Detached

MLS#: W13488270

Attention Investors! Great investment opportunity! Excellent positive cash flow! Gorgeous one of the best upgrade 3-storey freehold semi-detached home with double car garage! Just a short walk to York University. Well maintained and thoughtfully designed, the property features 11 bedrooms and 7 bathrooms, Ideally configured for student rentals. The main floor boasts a spacious living room, a functional kitchen combined with a dining area with walk-out access to the backyard, two bedrooms, and a 3-piece bathroom. The second floor offers four generously sized bedrooms and two 4-piece bathrooms, while the third floor features two additional bedrooms and 2 washrooms including a primary bedroom with a large ensuite bathroom. The finished basement contains three bedrooms and two washrooms, one with a large window and another with its own private 4-piece bath ensuite. This property is a turnkey investment in a highly sought-after location. Conveniently situated close to York University, TTC transit, supermarkets, restaurants, and a wide range of amenities, it offers both exceptional income potential and outstanding accessibility. New roof 2022, 2-Year New Installed Furnace/AC and Hotwater Tank.

69 Haynes Avenue - Semi-Detached photo 1 of 28 in Downsview / Black Creek, Ontario
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$998,000 - 69 Haynes Avenue, Downsview

Semi-Detached for Sale in Downsview

Popular Listing

Neighbourhood: York University Heights

11Beds
7Baths
2,000 - 2,499Sq Ft
Semi-Detached
Property Details
MLS Number
W13488270
Property Type
Semi-Detached
Status
active
Days on Site
12
Bedrooms
11
Bathrooms
7
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Downsview / Black Creek
Listing Brokerage
CENTURY 21 MYPRO REALTY
Description

Attention Investors! Great investment opportunity! Excellent positive cash flow! Gorgeous one of the best upgrade 3-storey freehold semi-detached home with double car garage! Just a short walk to York University. Well maintained and thoughtfully designed, the property features 11 bedrooms and 7 bathrooms, Ideally configured for student rentals. The main floor boasts a spacious living room, a functional kitchen combined with a dining area with walk-out access to the backyard, two bedrooms, and a 3-piece bathroom. The second floor offers four generously sized bedrooms and two 4-piece bathrooms, while the third floor features two additional bedrooms and 2 washrooms including a primary bedroom with a large ensuite bathroom. The finished basement contains three bedrooms and two washrooms, one with a large window and another with its own private 4-piece bath ensuite. This property is a turnkey investment in a highly sought-after location. Conveniently situated close to York University, TTC transit, supermarkets, restaurants, and a wide range of amenities, it offers both exceptional income potential and outstanding accessibility. New roof 2022, 2-Year New Installed Furnace/AC and Hotwater Tank.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,120.26/mo

Includes CMHC insurance ($27,844)

$
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5%10%50%

5-yr fixed avg.

Principal: $898,200Interest: $610,033
Mortgage Amount$926,044
Total Interest$610,033
Est. Property Tax$707/mo
Total Cost$1,536,077

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.

Ready to get pre-approved?

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Neighbourhood Guide: York University Heights

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

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

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.

70
Walk Score
Varies
Price Range

69 Haynes Avenue, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$6,100/mo
Range: $5,185 - $7,015
Cap Rate (ROI)
6.2%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$6,100
Maintenance Fees-$0
Property Tax (est.)-$707
Insurance (est.)-$208
Net Cash Flow+$5,185

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

Competitive Pricing

At $499/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.

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 11 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 7 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 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 $4,158 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    69 Haynes Avenue, Downsview / Black Creek | $998,000 | Battaglia Team