$949,999 - 25 Monterrey Drive, Etobicoke
Detached for Sale in Etobicoke
140 days on market- MLS Number
- W12684752
- Property Type
- Detached
- Status
- active
- Days on Site
- 140
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Etobicoke (West Mall / Rexdale)
- Listing Brokerage
- iCloud Realty Ltd.
Welcome to this charming detached bungalow in the quiet, family-friendly Beaumonde Heights community. Ideally located near the newly completed LRT line and close to Finch Avenue West and Islington Avenue, offering excellent transit access and walking distance to shopping, parks, elementary and middle schools, and everyday amenities, including Albion Shopping Centre. This well-maintained 3-bedroom home features a bright main floor with generously sized bedrooms, a newly renovated full bathroom, a functional kitchen, and a spacious family room with two separate entrances to the backyard. The finished lower-level basement offers great in-law or income potential, complete with a large family area with a gas fireplace, one bedroom, a full bathroom, a kitchen, and a separate entrance. Recent updates include a roof and water tank replaced within the last five years. Enjoy a large private backyard with ample green space, ideal for outdoor entertaining. Parking includes a long covered parking space attached to the house and open on three sides, plus a car carport. The property has never been occupied by pets. Ideal for first-time buyers, investors, or builders seeking future potential on a sizable lot in a prime Toronto location. Convenient side access to the backyard from both sides of the home. A rare opportunity offering comfort, convenience, and flexibility-don't miss it!
Estimate your monthly payments for this property
Estimated Payment
$4,873.99/mo
Includes CMHC insurance ($26,505)
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 (West Mall / Rexdale)
Etobicoke (West Mall / 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 (West Mall / Rexdale)
- •Convenient location in Etobicoke (West Mall / 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 (West Mall / 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.
25 Monterrey Drive, Etobicoke (West Mall / 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 $864/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 140 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.
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 $3,958 (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.