$799,900 - 86 Arleta Avenue, Downsview
Semi-Detached for Sale in Downsview
Neighbourhood: Glenfield-Jane Heights
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- MLS Number
- W13772180
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 26
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Downsview / Black Creek
- Taxes (2025)
- $3,665
- Listing Brokerage
- DREAMWORLD REALTY INC.
Spacious Semi-Detached Raised Bungalow Situated On A Large Lot In A Convenient North York Location! Featuring 3 Bedrooms, 2 Bathrooms, 2 Kitchens And A Finished Basement With Separate Side Entrance. The Main Level Offers A Family-Sized Kitchen, Spacious Combined Living Room With Walk-Out To Balcony and Dining Room Area. Double-Door Front Entrance And Unique Circular Staircase Leading To The Front Porch. Finished Basement Features A Second Kitchen, Spacious Rec Room, 3-Piece Bath And Walk-Out To The Yard. Multiple Entrances Provide Added Convenience And Flexibility. A Great Opportunity For Families, Multi-Generational Living Or Buyers Looking For Additional Living Space. Close To Schools, Parks, Shopping, Transit And Major Highways. Note: property being Sold in "as is", "where is" condition.
Estimate your monthly payments for this property
Estimated Payment
$4,103.90/mo
Includes CMHC insurance ($22,317)
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 Glenfield-Jane Heights
Glenfield-Jane 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 Glenfield-Jane 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
Glenfield-Jane 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.
86 Arleta Avenue, 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 $727/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 26 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.
About Glenfield-Jane Heights
I know Glenfield-Jane 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 $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.