23 Ravensbourne Crescent, Toronto W08

Price: $2,198,000

5 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13156864

Beautifully maintained bungalow on a premium 80' X 123' lot in the highly sought-after Princess Anne Manor. Offering an attached double garage and approximately 4,500 sq ft of finished living space across the main and lower levels, this spacious home features generous principal rooms and an exceptional layout for both everyday living and entertaining. The main floor includes a large formal living room with fireplace and bay window, separate dining room, bright family room with built-ins, and a spacious eat-in kitchen with abundant cabinetry and walkout to the covered terrace overlooking the private backyard. The bedroom wing offers 3 well-sized bedrooms, including a primary suite with walk-in closet and ensuite bath. The finished lower level provides additional living space with a large recreation room featuring a fireplace and wet bar, separate games room with built-ins, 2 additional bedrooms, oversized laundry room, cedar closet, and multiple storage and utility rooms. Separate walk-up from the lower level offers excellent flexibility for extended family or guest accommodations. Private backyard with mature landscaping and covered terrace. Ideally located close to top-rated schools, parks, prestigious golf clubs, transit, major highways, and only minutes to the airport in one of Etobicoke's most established family communities.

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New Listing
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$2,198,000 - 23 Ravensbourne Crescent, Etobicoke

Detached for Sale in Etobicoke

New — Listed 2 days ago
5Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W13156864
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
5
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Listing Brokerage
RE/MAX PROFESSIONALS INC.
Description

Beautifully maintained bungalow on a premium 80' X 123' lot in the highly sought-after Princess Anne Manor. Offering an attached double garage and approximately 4,500 sq ft of finished living space across the main and lower levels, this spacious home features generous principal rooms and an exceptional layout for both everyday living and entertaining. The main floor includes a large formal living room with fireplace and bay window, separate dining room, bright family room with built-ins, and a spacious eat-in kitchen with abundant cabinetry and walkout to the covered terrace overlooking the private backyard. The bedroom wing offers 3 well-sized bedrooms, including a primary suite with walk-in closet and ensuite bath. The finished lower level provides additional living space with a large recreation room featuring a fireplace and wet bar, separate games room with built-ins, 2 additional bedrooms, oversized laundry room, cedar closet, and multiple storage and utility rooms. Separate walk-up from the lower level offers excellent flexibility for extended family or guest accommodations. Private backyard with mature landscaping and covered terrace. Ideally located close to top-rated schools, parks, prestigious golf clubs, transit, major highways, and only minutes to the airport in one of Etobicoke's most established family communities.

Mortgage Calculator

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Estimated Payment

$9,722.50/mo

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5-yr fixed avg.

Principal: $1,758,400Interest: $1,158,349
Mortgage Amount$1,758,400
Total Interest$1,158,349
Est. Property Tax$1,557/mo
Total Cost$2,916,749

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 Ravensbourne Crescent, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$1,557
Insurance (est.)-$458
Net Cash Flow+$1,685

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

Fair Market Value

At $1099/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 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 $9,158 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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