$2,125,000 - 255 Albion Road, Etobicoke
Detached for Sale in Etobicoke
94 days on market- MLS Number
- W12888344
- Property Type
- Detached
- Status
- active
- Days on Site
- 94
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Etobicoke (West Mall / Rexdale)
- Listing Brokerage
- ROYAL LEPAGE MAXIMUM REALTY
Attention Builders, Renovators and Savvy Investors! Discover the perfect blend of nature and convenience with this detached home on a sprawling ravine lot in prime Etobicoke. Nestled among lush greenery, this scenic and private retreat offers the tranquility of green space while keeping you just steps away from public transit, parks, schools, churches, and more. This unique property boasts three self-contained levels, each featuring a kitchen, bathroom and living space, making it ideal for multi-generational living, rental income, or a complete transformation to suit your vision. With a large detached garage and an incredible 10+ parking spaces, there's no shortage of space for vehicles, storage or future expansion. Whether you're looking to renovate, rebuild, or invest, this rare opportunity is not to be missed. Endless potential awaits - secure this prime Etobicoke gem today!
Estimate your monthly payments for this property
Estimated Payment
$9,399.59/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 (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.
255 Albion Road, Etobicoke (West Mall / Rexdale)
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Rental income estimator & ROI calculator
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 $1932/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 94 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 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 $8,854 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.