$2,188,000 - 262 Martin Grove Road, Etobicoke
Detached for Sale in Etobicoke
- MLS Number
- W13220734
- Property Type
- Detached
- Status
- active
- Days on Site
- 17
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
A beautifully crafted custom residence offering exceptional scale, comfort, and versatility in one of Etobicoke's most desirable locations. Set on an impressive 65 x 165 ft lot, this property boasts a deep, private backyard with endless potential for refined outdoor living, including the opportunity to add a pool. The main level showcases a thoughtfully designed layout with expansive principal rooms, ideal for both elegant entertaining and everyday living. The chef-inspired kitchen features a substantial centre island, abundant custom cabinetry, and flows seamlessly into the inviting family room, complete with a gas fireplace and bespoke built-in shelving. A dedicated built-in workspace provides a stylish work-from-home solution, while the mudroom with custom storage offers convenient access to the garage. Upstairs, four generously proportioned bedrooms provide exceptional flexibility for growing families, including the option for two luxurious primary suites. This level is complemented by multiple well-appointed bathrooms and the convenience of second-floor laundry. The fully finished lower level offers a separate entrance, full bathroom, and expansive open-concept space, presenting outstanding potential for extended family living or a future in-law or income suite. Refined finishes include hardwood flooring throughout most of the home, an EV-ready garage, and ample parking. The outdoor setting is designed as a private retreat, featuring a two-tiered deck, hot tub with new motor and jets, fire pit, enclosed vegetable garden, gas BBQ hookup, in-ground sprinkler system, ambient exterior lighting, and additional storage. Ideally situated close to top-rated schools, parks, shopping, and major highways, this home delivers the perfect blend of luxury, functionality, and location.
Estimate your monthly payments for this property
Estimated Payment
$9,678.26/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.
262 Martin Grove Road, Etobicoke (Islington / Rexdale)
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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
Fair Market Value
At $875/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.
Market Position
At 17 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 5 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 $9,117 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.