$1,789,000 - 11 Benway Drive, Etobicoke
Detached for Sale in Etobicoke
- MLS Number
- W13191890
- Property Type
- Detached
- Status
- active
- Days on Site
- 17
- Bedrooms
- 6
- Bathrooms
- 6
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Etobicoke (West Mall / Rexdale)
- Listing Brokerage
- NEWGEN REALTY EXPERTS
Location is the prime highlight of this custom-built detached home (2011) situated on a huge lot in one of the most desirable neighborhoods of Etobicoke. The main floor features a combined living and dining area, spacious family room, and an open-concept kitchen with stainless steel appliances, granite countertops, backsplash, and center island. A rare and outstanding feature is the main floor bedroom with a full washroom, ideal for seniors or guests. The upper level offers 3 generously sized bedrooms, including a luxurious primary bedroom with a 6-piece ensuite and private balcony showcasing amazing views. The finished basement with separate entrance features 2 in-law suites with 2 kitchens, 2 washrooms, and 2 bedrooms, providing excellent potential for extended families or rental income. Another unique feature is the bachelor ensuite located on the third (attic) level. Additional highlights include 2 fireplaces, pot lights, 9 ft ceilings on the main floor, 2 laundries, and a huge backyard with a deck perfect for entertaining guests and summer BBQs. Long driveway with parking for up to 5 cars. Conveniently located close to public transportation, schools, parks, and all essential amenities.
Estimate your monthly payments for this property
Estimated Payment
$7,913.35/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 Etobicoke (West Mall / Rexdale)
Etobicoke (West Mall / 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 (West Mall / Rexdale)
- •Convenient location in Etobicoke (West Mall / Rexdale)
- •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
Etobicoke (West Mall / 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.
11 Benway Drive, Etobicoke (West Mall / Rexdale)
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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 $716/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 17 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 Etobicoke 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 6 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 Etobicoke.
Bathroom Count Matters
With 6 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.
Investment Perspective
Looking at this as an investment: Etobicoke properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,454 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.