$1,149,000 - 85 Letchworth Crescent, Downsview
Detached for Sale in Downsview
Neighbourhood: Downsview-Roding-CFB
- MLS Number
- W13435898
- Property Type
- Detached
- Status
- active
- Days on Site
- 25
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Downsview / Black Creek
- Listing Brokerage
- REAL ESTATE HOMEWARD
85 Letchworth Crescent is a rare detached sidesplit offering approximately 2,300 sq. ft. of above ground living space on a generous lot backing directly onto a private ravine setting. With no rear neighbours and mature greenery behind the property, this is the kind of privacy and natural backdrop that is increasingly difficult to find in the city.The spacious multi level layout provides exceptional flexibility for families of all sizes, while the lower level functions as a self contained suite with its own kitchen, bathroom, and separate entrance, creating excellent income potential or an ideal setup for multi generational living.The expansive backyard offers outstanding outdoor space and presents a compelling opportunity for a future garden suite. With rebuilds becoming increasingly common in the neighbourhood, this property also presents an excellent opportunity for those looking to renovate, expand, or build a custom dream home on a premium lot. There is also an attached garage and a large private driveway with ample parking for family and guests. Located in one of North York's most established and welcoming neighbourhoods, steps to TTC transit and minutes to Highways 400 and 401, Yorkdale Mall, and Humber River Hospital. Whether you are a family seeking space and privacy, an investor looking for rental income and future development potential, or a builder searching for the right lot, this property offers a unique opportunity in a highly desirable location.3D Matterport Tour Available Via Link.
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Estimated Payment
$5,082.41/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 Downsview-Roding-CFB
Downsview-Roding-CFB 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 Downsview-Roding-CFB
- •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
Downsview-Roding-CFB 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.
85 Letchworth 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 $575/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.
Market Position
At 25 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.
Bathroom Count Matters
With 3 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 Downsview-Roding-CFB
I know Downsview-Roding-CFB 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.