$4,500,000 - 37 Lorraine Gardens, Etobicoke
Detached for Sale in Etobicoke
42 days on market- MLS Number
- W13094428
- Property Type
- Detached
- Status
- active
- Days on Site
- 42
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
This is one of the most exceptional & captivating properties in Toronto. Set on over an acre of exquisitely landscaped land backing onto serene beauty of Mimico Creek. Timeless, elegantly designed residence offers a rare, estate like setting in the heart of Etobicoke. Private & truly irreplaceable. Designed for modern family living, seamless layout,expansive principal rooms,uninterrupted views of surrounding landscape. The Chef's kitchen is spectacular, a true showpiece. Walkouts on main level lead to a stunning deck overlooking the lush grounds and tranquil creek, creating the perfect setting for both everyday living & entertaining. The Primary suite offers a level of luxury rarely seen, a peaceful retreat with panoramic views that evoke 5star resort living, double walk-in closets and a large spa inspired ensuite. Bedrooms are generously sized, while the formal sitting room, family room, and character filled office all showcase remarkable views of the property.The dining room, inspired by classic Ralph Lauren design, is a warm and sophisticated space ideal for hosting unforgettable gatherings and milestone celebrations.A grand entryway with soaring ceilings and a skylight welcomes you with an abundance of natural light, setting the tone for the home's refined elegance. Curated over decades, the landscaping is among the finest in Etobicoke. Expansive front yard, larger than most backyards. A long private driveway leads to a detached 3car garage, the home itself is set far back on the lot.Lower level features a pool table &games room w walkout to tiered gardens.This is a legacy property, crafted with intention, defined by timeless design, offering endless potential to enjoy as is or tailor to your vision. Close to highways, airport, just a short drive to downtown, w excellent golf courses nearby, experience peaceful, private estate living within the city. High end appliances, fixtures&finishes. A truly special offering, must be seen in person to be fully appreciated.
Estimate your monthly payments for this property
Estimated Payment
$19,905.02/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.
37 Lorraine Gardens, 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 $1286/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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 4 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.