$1,998,000 - 17 Kings Lynn Road, Etobicoke
Detached for Sale in Etobicoke
51 days on market- MLS Number
- W13052216
- Property Type
- Detached
- Status
- active
- Days on Site
- 51
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Set on one of The Kingsway's most prestigious and sought-after streets, 17 Kings Lynn Road offers a rare opportunity to own a timeless traditional residence with classic Georgian influence, rich in character, charm, and endless potential. This timeless Kingsway residence showcases elegant architectural details throughout, including hardwood floors, crown moulding, and beautiful gumwood trim. The main floor offers a traditional yet functional layout with formal living and dining rooms - ideal for entertaining - alongside a spacious, open-concept kitchen and family room at the rear. Complete with a powder room, a convenient mudroom area, and a walk-out to the backyard, this space is perfectly designed for everyday family living. The kitchen also features ample storage, making it as practical as it is inviting. Offering nearly 3,500 sqft of total living space, this home provides an exceptional canvas for those looking to renovate, customize, or create their dream home in a premier location. The second level features 4 generously sized bedrooms, including a primary retreat with a 3pc ensuite and his-and-hers closets. 3 additional spacious bedrooms offer flexibility for growing families, home offices, or guest accommodations. The lower level includes a large recreation room, adding valuable additional living space for relaxing or entertaining. Set on a beautifully sized lot, the home features a charming backyard with a deck - perfect for outdoor enjoyment - and a detached 1.5 car garage. An incredible opportunity to secure a distinguished home in one of Toronto's most coveted neighbourhoods, close to top-rated schools, parks, shops, and transit.
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.
17 Kings Lynn 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.
Negotiation Opportunity
At 51 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.
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 Etobicoke. Good resale value as demand remains consistent.
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.