101 Prennan Avenue Unit 2, Toronto W08

Price: $3,350

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Multi-Family

MLS#: W12885112

Rare opportunity to lease a second-level unit in an executive, newer legal duplex located in the desirable Islington neighbourhood. This bright and spacious unit features an open-concept living and dining area filled with natural light, overlooking a private terrace. The modern kitchen is equipped with a centre island, quartz countertops, ample cabinetry, and pantry storage. The unit offers three spacious bedrooms with plenty of natural light. Conveniently located close to TTC transit, subway and GO stations, shopping, and excellent schools. Easy access to Highways 427, 401, and the QEW/Gardiner Expressway. Tenants are responsible for all utilities.

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$3,350/mo - 101 Prennan Avenue Unit 2, Etobicoke

Multi-Family for Rent in Etobicoke

95 days on market
3Beds
3Baths
1,500 - 1,999Sq Ft
Multi-Family
Property Details
MLS Number
W12885112
Property Type
Multi-Family
Status
active
Days on Site
95
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Listing Brokerage
RIGHT AT HOME REALTY
Description

Rare opportunity to lease a second-level unit in an executive, newer legal duplex located in the desirable Islington neighbourhood. This bright and spacious unit features an open-concept living and dining area filled with natural light, overlooking a private terrace. The modern kitchen is equipped with a centre island, quartz countertops, ample cabinetry, and pantry storage. The unit offers three spacious bedrooms with plenty of natural light. Conveniently located close to TTC transit, subway and GO stations, shopping, and excellent schools. Easy access to Highways 427, 401, and the QEW/Gardiner Expressway. Tenants are responsible for all utilities.

Neighbourhood Guide: Etobicoke (Islington / Rexdale)

Discover Etobicoke (Islington / Rexdale)

Etobicoke (Islington / Rexdale) 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 Etobicoke (Islington / Rexdale)

  • Convenient location in Etobicoke (Islington / Rexdale)
  • 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

Etobicoke (Islington / Rexdale) 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

101 Prennan Avenue Unit 2, Etobicoke (Islington / Rexdale)

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Rental Market Analysis

How this lease stacks up against the local rental market

Asking Rent
$3,350/mo
≈ At typical 3-bed market rent
Annual Rent Cost
$40,200
12 × monthly rent

Estimated Monthly Budget

Asking Rent$3,350/mo
Utilities (est.)~$180/mo
Est. Total Monthly Cost~$3,530/mo

Things to Confirm Before Signing

· Are utilities included, or separate?

· How many parking spots are included?

· Is the landlord open to a 1-year or 2-year lease?

· Are pets and small renovations (paint, hooks) allowed?

· When was the last rent increase, if there is a prior tenant?

Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fairly Priced Rental

At $3,350/mo, this is in line with typical 3-bedroom rents in Etobicoke (~$3,500/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.

Negotiation Opportunity

At 95 days on site, this property has exceeded the typical selling timeline for Etobicoke. 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.

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.

Lease Terms to Negotiate

Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.

Let's Walk Through It Together

Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.

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    101 Prennan Avenue Unit 2 | $3,350 | Battaglia Team