$899,900 - 39 Hobden Place, Etobicoke
Detached for Sale in Etobicoke
100 days on market- MLS Number
- W12865840
- Property Type
- Detached
- Status
- active
- Days on Site
- 100
- Bedrooms
- 6
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Etobicoke (Kingsview Village / Humber Heights)
- Listing Brokerage
- EXP REALTY
Turn-Key Renovated Bungalow with Income Potential in Martingrove-Richview!Welcome to 39 Hobden Place, a beautifully renovated bungalow situated on an impressive 50 x 150 ft lot in the highly desirable Martingrove-Richview community of Etobicoke. This move-in ready home features a bright open-concept main floor with 3 spacious bedrooms and 2 bathrooms, including a private 3-piece ensuite. Extensive updates throughout make this home perfect for modern family living.The separate entrance to the basement offers 3 additional bedrooms and its own kitchen, providing an excellent opportunity for rental income, multi-generational living, or investment potential.Located on a quiet, family-friendly street, this home is close to great schools, parks, transit, shopping, grocery stores, and major highways, with easy access to Toronto Pearson Airport.Perfect for families, investors, or buyers looking to offset their mortgage with rental income - just move in and enjoy.
Estimate your monthly payments for this property
Estimated Payment
$4,616.95/mo
Includes CMHC insurance ($25,107)
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 (Kingsview Village / Humber Heights)
Etobicoke (Kingsview Village / Humber Heights) 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 (Kingsview Village / Humber Heights)
- •Convenient location in Etobicoke (Kingsview Village / Humber Heights)
- •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 (Kingsview Village / Humber Heights) 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.
39 Hobden Place, Etobicoke (Kingsview Village / Humber Heights)
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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
Fair Market Value
At $818/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.
Negotiation Opportunity
At 100 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.
Excellent Flexibility
With 6 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 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 $3,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.