$20,000/mo - 118 Martin Grove Road, Etobicoke
Detached for Rent in Etobicoke
141 days on market- MLS Number
- W12651212
- Property Type
- Detached
- Status
- active
- Days on Site
- 141
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to a rare executive offering: a newly built, architect-designed custom home combining modern luxury, exceptional functionality, and unmatched convenience in one of Etobicoke's most sought-after neighbourhoods. Perfect for corporate relocations, families renovating nearby, insurance displacement clients, or anyone seeking a sophisticated temporary or long-term residence.This 6-bedroom (4+2) home features a highly desirable main-floor bedroom/office with a private 3-piece ensuite and walk-in closet - ideal for multi-generational living, guest stays, or a quiet dedicated workspace.Inside, the heart of the home is the custom German-engineered Siematic kitchen, appointed with premium Miele appliances, Liebherr refrigeration, and luxurious leather-finish stone counters. Expansive principal rooms are flooded with natural light from 14' clerestory windows, creating an elevated and inviting environment for everyday living and entertaining.The spa-inspired primary suite offers a serene retreat with Versace Italian porcelain slabs, a steam shower, heated floors, and a boutique-style walk-in closet.Extend your living space outdoors with the stunning 351 sq ft covered terrace, complete with a built-in electric fireplace - perfect for year-round enjoyment. Key Features: Custom-built luxury home with high-end finishes throughout6 bedrooms including main-floor ensuite bedroom or executive officeGourmet Siematic kitchen with Miele appliancesBright open-concept layout with 14' clerestory windowsSpa-inspired primary retreat with steam shower & heated floors351 sq ft covered terrace with built-in electric fireplaceFinished lower level with additional bedrooms & recreation spacePremium schools nearby: top French & English programsSteps to community pools, parks, transit; minutes to Hwy 427, Go Transit, subwayAvailable fully furnished (turn-key) or unfurnished at tenant's discretionIdeal for executives, insurance clients, and families between homes
Estimate your monthly payments for this property
Estimated Payment
$102.61/mo
Includes CMHC insurance ($558)
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 (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
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.
118 Martin Grove Road, Etobicoke (Islington / Rexdale)
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How this lease stacks up against the local rental market
Estimated Monthly Budget
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $20,000/mo, this is asking above the typical 4-bedroom rent of ~$4,200/mo in Etobicoke. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Negotiation Opportunity
At 141 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.
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 5 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.