$1,249,000 - 96 Wallasey Avenue, Downsview
Detached for Sale in Downsview
Neighbourhood: Humberlea-Pelmo Park W5
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- W13804422
- Property Type
- Detached
- Status
- active
- Days on Site
- 19
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Downsview / Black Creek
- Taxes (2025)
- $4,615
- Listing Brokerage
- ROYAL LEPAGE MAXIMUM REALTY
Build, Invest, Or Move Right In. A Rare 45 X 229 Ft Deep Lot In Family-Oriented Humberlea-Pelmo Park, Surrounded By Multi-Million Dollar Custom Homes! This Meticulously Maintained Bungalow Offers Rare Flexibility: Two Full Kitchens, Two Separate Living Levels, Five Bedrooms & Two Baths In Total. Main Floor Features A Tile Foyer, Open-Concept Living Room With Pot Lights & Wall Sconces, Formal Dining Area, Hardwood Floors, French Doors In Hallway, And Three Bright & Spacious Bedrooms. Family-Size Eat-In Kitchen Equipped With Appliances, Backsplash, Tile Floors, Ample Cabinetry & Generous Countertop Space. Separate Entrance Leads To A Finished Lower Level With Full-Size Second Kitchen, Open-Concept Sitting Room, Recreation Room With Gas Fireplace, Two Additional Bedrooms, 3Pc Bath, Laundry & Plenty Of Storage, Ideal For Extended Family Or In-Law Living. But The Real Story Is Outside: A 229 Ft Deep Backyard, Fully Fenced And Professionally Landscaped With Mature Greenery & Fruit Trees. Room To Add A Pool, Cabana, Or Garden Suite, Or Build The Custom Home with approved permit. Move In, Rent Out, Or Start Fresh. Lots This Deep Rarely Come Available. Lovely Place To Call Home!
Estimate your monthly payments for this property
Estimated Payment
$5,524.75/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 Humberlea-Pelmo Park W5
Humberlea-Pelmo Park W5 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 Humberlea-Pelmo Park W5
- •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
Humberlea-Pelmo Park W5 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.
96 Wallasey Avenue, Downsview / Black Creek
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Fair Market Value
At $1135/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.
Market Position
At 19 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.
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.
About Humberlea-Pelmo Park W5
I know Humberlea-Pelmo Park W5 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 $5,204 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.