$1,589,990 - 16 Kingsborough Crescent, Etobicoke
Detached for Sale in Etobicoke
127 days on market- MLS Number
- W12765066
- Property Type
- Detached
- Status
- active
- Days on Site
- 127
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Etobicoke (Kingsview Village / Humber Heights)
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Set on one of Richmond Gardens' most desirable streets, this stunning 5-level backsplit offers exceptional space, comfort, and timeless appeal. Featuring 4+1 bedrooms, 5 bathrooms and a thoughtfully designed layout, this home provides the perfect balance of function and family-friendly living. Situated on a beautiful 58 x 117 ft lot, the property showcases an incredible backyard oasis featuring a custom concrete pool with mosaic insets, mature landscaping, and generous entertaining areas - ideal for summer gatherings or peaceful relaxation. Welcome to one of Richmond Gardens' most prestigious streets, where elegance meets family comfort in this stunning 5-level backsplit. With 4+1 bedrooms and 5 bathrooms, this home is designed to offer both luxury and functionality for modern family living. Set on a premium 58 x 117 ft lot, the property features a resort-inspired backyard oasis complete with a custom concrete pool with mosaic insets, mature landscaping, and multiple entertaining zones - the perfect setting for s Inside, you'll find a gourmet kitchen with 9' ceilings, custom cabinetry, stainless steel appliances, and an open, airy flow connecting seamlessly to the living and dining spaces. The spacious family room offers a warm, inviting atmosphere, while a custom-built craft room provides versatility for hobbies, a home office, or creative projects. Natural light fills every level of this well-maintained home, creating a harmonious blend of open living areas and private retreats. The double private driveway enhances both convenience and curb appeal. Located in the heart of Richmond Gardens, you're steps from top-rated schools, parks, shopping, and transit. With the Eglinton Crosstown LRT extension coming soon, this already connected neighbourhood is set to become even more accessible and desirable. A rare opportunity to own a true family retreat in one of Etobicoke's most prestigious communities - where space, lifestyle, and location come together beautifully.
Estimate your monthly payments for this property
Estimated Payment
$7,033.06/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 (Kingsview Village / Humber Heights)
Etobicoke (Kingsview Village / Humber Heights) 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 (Kingsview Village / Humber Heights)
- •Convenient location in Etobicoke (Kingsview Village / Humber Heights)
- •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 (Kingsview Village / Humber Heights) 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 Kingsborough Crescent, Etobicoke (Kingsview Village / Humber Heights)
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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 $1060/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.
Negotiation Opportunity
At 127 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 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 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.
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 $6,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.