124 Shaver Avenue, Toronto W08

Price: $4,388,000

6 bedrooms, 6 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: W13245802

Exceptional Custom-Built Luxury Home In the Highly Sought-After Islington City Centre, Situated On a Rare 40 x 203 Ft Pool-Sized Lot. Offering Over 4,500 Sq. Ft. (incl. finished walk-out basement) of Meticulously Designed Living Space, This Architectural Masterpiece Showcases Superior Craftsmanship, Timeless Design, and Uncompromising Attention to Detail. Featuring Grand Principal Rooms, a Formal Dining Room, a Main Floor Executive Office, an Elegant Family Room With a Fireplace, And A Light-Filled Chef's Kitchen Complete With Pantry and Walk-Out To A Spacious Patio and Private Oversized Backyard. Soaring 10-Ft Ceilings On The Main Level And 9-Ft Ceilings On The Second Floor Create An Exceptional Sense Of Space, Complemented By Expansive Windows And Luxurious High-End Finishes Throughout. The Upper Level Features Four Generously Sized Bedrooms, Each With Its Own Private Ensuite And Heated Floors. The Spacious Primary Retreat Offers A Cozy Fireplace, A Fully Customized Walk-In Closet With Premium Built-In Organizers, And a Spa-Inspired Ensuite Designed For Ultimate Comfort and Relaxation. Professionally Finished Lower Level Offers Outstanding Additional Living Space Featuring a Large Recreation Room with a Walk-Up To The Backyard Oasis, Two Additional Rooms, and a 4pc Bathroom. Heated Floors in the Basement. Located Within Top-Rated School Districts and Just Steps To Public Transit, Parks, Shopping, and Major Amenities, This Extraordinary Home Seamlessly Combines Luxury, Comfort, And Convenience In One Of Etobicoke's Most Desirable Neighbourhoods. This Home May be Purchased Furnished with an Exceptional Collection of High-end Italian Furniture Throughout, Offering a Truly Turnkey Luxury Living. Hardwood Floors T/O, Heated Floors in Bathrooms and in the Basement.

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New Listing
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$4,388,000 - 124 Shaver Avenue, Etobicoke

Detached for Sale in Etobicoke

New — Listed 6 days ago
6Beds
6Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
W13245802
Property Type
Detached
Status
active
Days on Site
6
Bedrooms
6
Bathrooms
6
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Listing Brokerage
RIGHT AT HOME REALTY
Description

Exceptional Custom-Built Luxury Home In the Highly Sought-After Islington City Centre, Situated On a Rare 40 x 203 Ft Pool-Sized Lot. Offering Over 4,500 Sq. Ft. (incl. finished walk-out basement) of Meticulously Designed Living Space, This Architectural Masterpiece Showcases Superior Craftsmanship, Timeless Design, and Uncompromising Attention to Detail. Featuring Grand Principal Rooms, a Formal Dining Room, a Main Floor Executive Office, an Elegant Family Room With a Fireplace, And A Light-Filled Chef's Kitchen Complete With Pantry and Walk-Out To A Spacious Patio and Private Oversized Backyard. Soaring 10-Ft Ceilings On The Main Level And 9-Ft Ceilings On The Second Floor Create An Exceptional Sense Of Space, Complemented By Expansive Windows And Luxurious High-End Finishes Throughout. The Upper Level Features Four Generously Sized Bedrooms, Each With Its Own Private Ensuite And Heated Floors. The Spacious Primary Retreat Offers A Cozy Fireplace, A Fully Customized Walk-In Closet With Premium Built-In Organizers, And a Spa-Inspired Ensuite Designed For Ultimate Comfort and Relaxation. Professionally Finished Lower Level Offers Outstanding Additional Living Space Featuring a Large Recreation Room with a Walk-Up To The Backyard Oasis, Two Additional Rooms, and a 4pc Bathroom. Heated Floors in the Basement. Located Within Top-Rated School Districts and Just Steps To Public Transit, Parks, Shopping, and Major Amenities, This Extraordinary Home Seamlessly Combines Luxury, Comfort, And Convenience In One Of Etobicoke's Most Desirable Neighbourhoods. This Home May be Purchased Furnished with an Exceptional Collection of High-end Italian Furniture Throughout, Offering a Truly Turnkey Luxury Living. Hardwood Floors T/O, Heated Floors in Bathrooms and in the Basement.

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Estimated Payment

$19,409.60/mo

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5-yr fixed avg.

Principal: $3,510,400Interest: $2,312,481
Mortgage Amount$3,510,400
Total Interest$2,312,481
Est. Property Tax$3,108/mo
Total Cost$5,822,881

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.

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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

124 Shaver Avenue, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,600/mo
Range: $3,910 - $5,290
Cap Rate (ROI)
0.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,600
Maintenance Fees-$0
Property Tax (est.)-$3,108
Insurance (est.)-$914
Net Cash Flow+$578

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

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1463/sqft, this property is priced above the Etobicoke average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In Etobicoke's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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.

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    124 Shaver Avenue, Etobicoke… — $4,388,000 | Battaglia Team