$2,890,000 - 151 Shaver Avenue, Etobicoke
Detached for Sale in Etobicoke
- MLS Number
- W13177226
- Property Type
- Detached
- Status
- active
- Days on Site
- 23
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- CRESCENT REAL ESTATE INC.
This spacious masterpiece on prestigious Shaver Ave N in Toronto's highly sought-after Islington-City Centre West neighbourhood is luxury, meticulously crafted by renowned PHD Design & thoughtfully built for grand entertaining & modern living. Boasting 5 generously sized bedrooms, 4 nestled on the 2nd floor & 1 in the fully finished lower level, this stunning residence offers both elegance & versatility for everyday living. The heart of the home is the main floor's open concept layout, featuring a custom Italian Muti Kitchen w/large island and dazzling high-end appliances, ideal for culinary enthusiasts who appreciate both function & form. The island leads you into the combined Dining & Family rooms, full of light and a welcoming. The Living Room is highlighted by an elegant electric fireplace, adding both warmth & sophistication. The spacious Primary Bedroom is a true retreat, complete w/a walk-in closet & a lavish 5-piece ensuite w/spa-like soaker tub & sleek His & Hers vanities. All other bedrooms are bright, airy, & beautifully finished w/large windows flooding natural light. The huge finished basement expands living space dramatically w/a stylish dry bar w/island, ample entertainment space, & dedicated room for billiards/table tennis, perfect for hosting or a comfortable night in. From the Kitchen/Family Room, w/o to a charming, low maintenance backyard designed for all-seasons, complete w/a BBQ area & flaming gas heater. This home is full of perks to delight every lifestyle. Located in a prime pocket of Etobicoke, enjoy close prox to excellent schools, golf courses, public transit, grocery stores, & easy access to Highways 427, 401, Gardiner, & 403. Explore nearby trails like Mimico Creek & unwind in local parks, or indulge in premium shopping minutes away at Sherway Gardens or Cloverdale Mall. This extraordinary residence combines luxury, convenience & comfort, ideal for those seeking style, substance & location.
Estimate your monthly payments for this property
Estimated Payment
$12,783.44/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 (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.
151 Shaver Avenue, Etobicoke (Islington / 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
Fair Market Value
At $963/sqft, this property is priced in line with current Etobicoke 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 23 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.
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 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 Etobicoke.
Bathroom Count Matters
With 4 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.