$1,159,000 - 31 Stanmills Road, Etobicoke
Detached for Sale in Etobicoke
42 days on market- MLS Number
- W13095942
- Property Type
- Detached
- Status
- active
- Days on Site
- 42
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- RE/MAX PROFESSIONALS INC.
Welcome to 31 STANMILLS RD. A well loved family home cherished by the same owners for over 60 years. This solid brick bungalow offers timeless character, a functional layout, and room to grow. KEY FEATURES. 3 bedrooms, 2 bathrooms, finished basement with a separate side entrance ideal for extended family, an in-law suite, or potential for rental income. Stone fireplace with a insert wood stove, a second kitchen, 3pc Bathroom, large cold cellar. Private drive accommodating 4 cars, Detached garage. Lot is 40 x 125 feet, providing exceptional outdoor space perfect for a pool, garden, or children's play area. LOCATIONAL highlights. situated in a highly desirable pocket of Etobicoke, this home offers unbeatable convenience. Quick access to major highways (427, QEW, Gardiner), easy commute to downtown Toronto and Pearson Airport. Walking distance to parks, TTC, schools and everyday amenities. Close to the new Longo's, Cineplex, a variety of shops and restaurants and services. This is a rare opportunity to own a home with both character and potential in one of Etobicoke's most sought after neighbourhood. Perfect for families, renovators, or anyone looking to invest in a thriving community. Furnace new in Oct/22/2021 Lennox warranty expiration is Oct/22/2031.Air conditioner new July 4/2017 Lennox warranty expires July 4/2027.ROOF new 2014 House & Garage. Hot water tank new 2019 Is a rental. Attic Insulation new 2026.
Estimate your monthly payments for this property
Estimated Payment
$5,126.65/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.
31 Stanmills Road, Etobicoke (Islington / 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
Premium Pricing
At $1656/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.
Market Position
At 42 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $4,829 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.