$699,900 - 16 East Drive, Keelesdale
Detached for Sale in Keelesdale
New — Listed 2 days ago- MLS Number
- W13227906
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Keelesdale / Eglinton West
- Listing Brokerage
- ROYAL LEPAGE SUPREME REALTY
Welcome to 16 East Drive - a solid brick bungalow lovingly maintained by the same owners for over 50 years, showcasing timeless character and exceptional pride of ownership. This move-in ready 2+2 bedroom home offers a bright and functional layout featuring gleaming original hardwood floors, a spacious living room overlooking the front yard, a separate dining area, and an upgraded kitchen complete with quartz countertops, a stainless steel fridge, a gas stove, and a large picture window.The finished lower level offers incredible flexibility with a separate side entrance, an additional bedroom, a full bathroom, and plumbing rough-ins for a future kitchenette, making it ideal for an in-law suite, multigenerational living, or potential rental income. Situated on a generous lot, the property features beautifully maintained landscaping, ample parking, a detached garage with an attached workshop, and plenty of outdoor space to enjoy.Thoughtful updates include newer windows, a 200-amp electrical service, roof shingles replaced in 2020, and numerous improvements that provide lasting comfort and peace of mind. Perfect for first-time buyers, downsizers, or investors, this home is located in a well-established neighbourhood close to TTC transit, the Eglinton Crosstown LRT, St. Clair West, Bloor West Village, The Junction, parks, schools, shops, cafés, restaurants, and major commuter routes.A rare opportunity to own a meticulously cared-for home with outstanding future potential in a convenient and sought-after location.
Estimate your monthly payments for this property
Estimated Payment
$3,590.85/mo
Includes CMHC insurance ($19,527)
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 Keelesdale / Eglinton West
Keelesdale / Eglinton West 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 Keelesdale / Eglinton West
- •Convenient location in Keelesdale / Eglinton West
- •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
Keelesdale / Eglinton West 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.
16 East Drive, Keelesdale / Eglinton West
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $1000/sqft, this property is priced in line with current Keelesdale 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.
Just Listed - Act Strategically
This property hit the market within the last week. In Keelesdale'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 Keelesdale 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Keelesdale. Good resale value as demand remains consistent.
Investment Perspective
Looking at this as an investment: Keelesdale properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.