38 Wilmar Road, Toronto W08

Price: $2,688,800

5 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W13112454

A beautiful, meticulously maintained custom-built luxury residence with elegant finishes and thoughtfully designed living spaces throughout. Featuring 9-foot ceilings on all levels, including the renovated basement (2016), this home seamlessly blends timeless traditional design with modern comfort. The main level showcases a stunning custom traditional style kitchen complete with granite countertops, stone backsplash, triple sink with garburator, and a large breakfast area perfect for family living and dining. Multiple fireplaces throughout the home (gas and electric) create warmth and sophistication across principal rooms. Upstairs, retreat to the expansive master bedroom featuring a luxurious spa-inspired ensuite complete with a jet tub, bidet and lenthy walk-in closet spacious for both him and her. The second floor also offers the convenience of a dedicated laundry room, fitted with a large sink and drainage, designed for practical everyday living. The professionally finished basement is ideal for extended family or entertaining, featuring radiant heated floors, a dull secondary kitchen with stainless steel appliances and granite countertops, an elegant marble fireplace with a feature wall, a luxurious wine cellar fitted with a sink, and a beautifully finished marble-floor 3-piece bathroom. Direct walk-out access leads seamlessly to the backyard oasis. Additional features continue to impress with a double car garage offering additional loft storage space, remote and smartphone-enabled garage door openers, sprinkler systems, a gas BBQ unit, large backyard shed with loft storage, and a private outdoor setting perfect for relaxing or entertaining.

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$2,688,800 - 38 Wilmar Road, Etobicoke

Detached for Sale in Etobicoke

38 days on market
5Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W13112454
Property Type
Detached
Status
active
Days on Site
38
Bedrooms
5
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Lot Size
7,449 sqft
Listing Brokerage
RE/MAX ULTIMATE REALTY INC.
Description

A beautiful, meticulously maintained custom-built luxury residence with elegant finishes and thoughtfully designed living spaces throughout. Featuring 9-foot ceilings on all levels, including the renovated basement (2016), this home seamlessly blends timeless traditional design with modern comfort. The main level showcases a stunning custom traditional style kitchen complete with granite countertops, stone backsplash, triple sink with garburator, and a large breakfast area perfect for family living and dining. Multiple fireplaces throughout the home (gas and electric) create warmth and sophistication across principal rooms. Upstairs, retreat to the expansive master bedroom featuring a luxurious spa-inspired ensuite complete with a jet tub, bidet and lenthy walk-in closet spacious for both him and her. The second floor also offers the convenience of a dedicated laundry room, fitted with a large sink and drainage, designed for practical everyday living. The professionally finished basement is ideal for extended family or entertaining, featuring radiant heated floors, a dull secondary kitchen with stainless steel appliances and granite countertops, an elegant marble fireplace with a feature wall, a luxurious wine cellar fitted with a sink, and a beautifully finished marble-floor 3-piece bathroom. Direct walk-out access leads seamlessly to the backyard oasis. Additional features continue to impress with a double car garage offering additional loft storage space, remote and smartphone-enabled garage door openers, sprinkler systems, a gas BBQ unit, large backyard shed with loft storage, and a private outdoor setting perfect for relaxing or entertaining.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$11,893.47/mo

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5-yr fixed avg.

Principal: $2,151,040Interest: $1,417,001
Mortgage Amount$2,151,040
Total Interest$1,417,001
Est. Property Tax$1,905/mo
Total Cost$3,568,041

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.

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Neighbourhood Guide: Etobicoke (Islington / Rexdale)

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

38 Wilmar Road, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$1,905
Insurance (est.)-$560
Net Cash Flow+$1,985

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $768/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 38 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 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.

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    38 Wilmar Road | $2,688,800 | Battaglia Team