23 Raintree Path, Toronto W08

Price: $840,000

3 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W13417140

Welcome to 23 Raintree Path, a beautifully updated family home tucked away in highly sought after Etobicoke Creek community. Thoughtfully renovated throughout and meticulously maintained, this spacious, quiet, private residence offers the perfect blend of style, comfort and functionality. The bright, open-concept main floor is designed for modern living, featuring a stunning renovated open kitchen that seamlessly flows into the dining and living areas, creating an ideal space for both everyday family life and entertaining. Large windows flood the home with natural light, enhancing the warm and inviting atmosphere throughout. Retreat to the elegant primary bedroom, complete with custom California closets and designer feature wall details. The finished lower level expands your living space with a cozy recreation room centered around a charming wood burning fireplace, along with ample storage solutions rarely found in townhome living. Enjoy easy access to Centennial Park, sports and rec facilities, excellent schools, shopping at Sherway Gardens, major highways, and every convenience imaginable. A true turnkey opportunity!

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New Listing
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$840,000 - 23 Raintree Path, Etobicoke

Condo for Sale in Etobicoke

New — Listed 2 days ago
3Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
W13417140
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Locker
None
Exposure
North
Balcony
Terrace
Listing Brokerage
Royal LePage Security Real Estate
Description

Welcome to 23 Raintree Path, a beautifully updated family home tucked away in highly sought after Etobicoke Creek community. Thoughtfully renovated throughout and meticulously maintained, this spacious, quiet, private residence offers the perfect blend of style, comfort and functionality. The bright, open-concept main floor is designed for modern living, featuring a stunning renovated open kitchen that seamlessly flows into the dining and living areas, creating an ideal space for both everyday family life and entertaining. Large windows flood the home with natural light, enhancing the warm and inviting atmosphere throughout. Retreat to the elegant primary bedroom, complete with custom California closets and designer feature wall details. The finished lower level expands your living space with a cozy recreation room centered around a charming wood burning fireplace, along with ample storage solutions rarely found in townhome living. Enjoy easy access to Centennial Park, sports and rec facilities, excellent schools, shopping at Sherway Gardens, major highways, and every convenience imaginable. A true turnkey opportunity!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,309.64/mo

Includes CMHC insurance ($23,436)

$
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5-yr fixed avg.

Principal: $756,000Interest: $513,455
Mortgage Amount$779,436
Total Interest$513,455
Est. Property Tax$595/mo
Total Cost$1,292,891

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.

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Neighbourhood Guide: Etobicoke (Islington / Rexdale)

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

23 Raintree Path, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
2.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$595
Insurance (est.)-$175
Net Cash Flow+$1,400

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $600/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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.

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 $3,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    23 Raintree Path, Etobicoke (Is… — $840,000 | Battaglia Team