$1,998,000 - 16 Princeton Road, Etobicoke
Detached for Sale in Etobicoke
New — Listed yesterday- MLS Number
- W13419496
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Welcome to this 4+1 bedroom family home, ideally situated on coveted Princeton Road in the heart of The Kingsway. Nestled on a picturesque, child-friendly street and surrounded by mature trees and beautifully landscaped gardens, this home offers timeless charm, generous living space, and endless potential. The main floor is designed for both everyday family living and entertaining, featuring formal living and dining rooms, a convenient powder room, and a well-appointed kitchen with stainless steel appliances. At the rear of the home, an inviting family room provides the perfect gathering space and offers a walk-out to a stunning private backyard oasis, surrounded by mature trees and lush gardens. Upstairs, you'll find 4 spacious bedrooms, including a serene primary retreat complete with his-and-her closets and a 4pc ensuite overlooking the tranquil backyard. 3 additional generously sized bedrooms are serviced by a 4pc family bathroom, providing ample space for growing families. The finished lower level extends the living space with recreation room featuring a cozy gas fireplace, a 5th bedroom with abundant closet space, a laundry room, and plenty of storage. Whether you're looking to move right in, update to suit your personal style, or create your dream forever home, this property presents a rare opportunity in one of Toronto's most sought-after neighbourhoods. Complete with a detached double-car garage, exceptional curb appeal, and a premier Kingsway location just steps to Bloor Street West's cafés, shops, restaurants, and Royal York subway station. Located within highly regarded school districts including Our Lady of Sorrows, Lambton-Kingsway Junior Middle School, and Etobicoke Collegiate Institute, this is a home your family can enjoy for years to come.
Estimate your monthly payments for this property
Estimated Payment
$8,837.83/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.
16 Princeton Road, 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 $999/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.
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.
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.
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 $8,325 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.