$1,598,000 - 228 The Kingsway N/A, Etobicoke
Detached for Sale in Etobicoke
59 days on market- MLS Number
- W13018400
- Property Type
- Detached
- Status
- active
- Days on Site
- 59
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Lot Size
- 7,635 sqft
- Listing Brokerage
- RE/MAX PROFESSIONALS INC.
Welcome to a Captivating Blend of Classic Charm and Modern Comfort in this prime Edenbridge- Humber Valley Neighbourhood. Nestled on one of Etobicoke's most desirable addresses, this beautifully maintained, turn-key home offers a rare opportunity to enjoy timeless character with stylish, contemporary updates. Situated on an impressive 181-foot deep, sun-filled lot, the property is brimming with potential, whether you envision a future addition, top-up, or custom new build.The open-concept main floor showcases pot-lights, a renovated kitchen with a centre island & granite counter tops, ample pantry and spice storage, and space for a casual eat-in area. The kitchen opens to a formal sitting area with fireplace and built-in shelves. What an incredible entertaining space this is! The heart of the home leads to a stunning large Muskoka room, a serene, light-filled retreat with scenic views of the lush yard and gardens. It's hard to believe you are right in the bustle of the City. Upstairs, you'll find three spacious bedrooms, two with walk-in closets, and a versatile bonus room off the primary, ideal for expanding the walk-in closet, adding an ensuite, or creating a small office or more storage space. A separate side entrance offers flexibility for future potential in-law suite, or studio space.The private interlocking stone driveway accommodates four to five cars, plus a detached single-car garage. The future potential and possibilities are endless for this wonderful home. Located in a top-tier school catchment and just moments from parks, the Humber River, trails, golf, and the vibrant Humbertown amenities, as well as BWV. This home offers a truly exceptional lifestyle in a prestigious west-end neighbourhood. Minutes to downtown, Airport, & Highways, TTC & Royal York Subway, Future Eglinton LRT.
Estimate your monthly payments for this property
Estimated Payment
$7,068.49/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.
228 The Kingsway N/A, 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 $1065/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 59 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 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 $6,658 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.