$3,498,000 - 19 Bannon Avenue, Etobicoke
Detached for Sale in Etobicoke
86 days on market- MLS Number
- W12909946
- Property Type
- Detached
- Status
- active
- Days on Site
- 86
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Exceptional Custom Residence in the "Kingsway". Timeless hand cut natural limestone facade with maintenance free, plaster stucco renewed in 2021. 3950 square feet of tasteful, sleek living area. The grand foyer opens into the living and dining room for executive entertaining. The main floor was totally reimagined in 2015 with a modern sleek eat-in kitchen, new appliances, built in homework desk, adjacent family room with focal fireplace and convenient powder room. Perfect for everyday living and family gatherings. The generous upper landing opens onto four spacious bedrooms - all can accommodate king size beds. Both upper baths feature heated floors. The primary features his and hers walk in closets and a spa style five piece ensuite. The laundry closet was remodeled into 2015. Basement/Lower level is a flexible open concept with above grade windows offering tremendous potential for development: perfect nanny retreat, additional bedroom or oversized recreation and games room. A bar area is roughed in on the southwest wall. Many mechanical features have been improved: UBase driveway, drainage system surrounding the structure, triple back up sump pump (Battery replaced 2024) plus a backwater valve installed in 2015. HRV system replaced 2018, exterior irrigation system and a must have for today's buyer, an circuit for EV charger. The sun filled, southern exposure backyard has been extensively hard landscaped with a gas line for a BBQ creating a private sanctuary for extended living. This family friendly street minutes to the coveted Lambton Kingsway School and playing ground, tennis courts, public pool and tobogganing hill is a mecca for children. Stroll to the Humber River Trails., Lambton Kingsway Plaza and entrance to two subway stops: Royal York and Old Mill. Move in and start living. Truly a home to grow into.
Estimate your monthly payments for this property
Estimated Payment
$15,472.83/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.
19 Bannon 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
Premium Pricing
At $1399/sqft, this property is priced above the Etobicoke average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 86 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 $14,575 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.