$2,299,900 - 4 Martin Grove Road, Etobicoke
New Construction for Sale in Etobicoke
137 days on market- MLS Number
- W12721884
- Property Type
- New Construction
- Status
- active
- Days on Site
- 137
- Bedrooms
- 8
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- RE/MAX PROFESSIONALS INC.
Welcome To A Truly Extraordinary Offering In The Heart Of Burnhamthorpe Gardens - Designed With Both Massive Rental Potential For Investors And Exceptional Flexibility For Big Families Seeking Space, Comfort, And Convenience. This Custom-Built Residence Showcases Seven Bedrooms And Five Bathrooms Across Four Expansive Floors, Thoughtfully Configured With Three Full Kitchens To Accommodate Multi-Generational Living, Rental Income Opportunities, Or The Option To Enjoy The Entire Property As One Magnificent Single-Family Home. The Top Level Offers A Bright Two-Bedroom Suite That Can Easily Be Converted To Three Bedrooms If Desired. The Main/Middle Level Features A Grand Four-Bedroom, Three-Bathroom Layout With Generous Principal Rooms, Perfect For Larger Households Or Long-Term Tenants. The Lower Level Includes A Charming One-Bedroom Unit Highlighted By Soaring Eleven-Foot Ceilings, Adding Comfort And A Sense Of Spaciousness Rarely Found In Basement Accommodations. Enhancing The Homes Appeal Is A Private Elevator Providing Seamless Access From The Main Floor To All Four Floors, Ensuring Practicality And Accessibility For Residents Of All Ages. Outside, The Property Is Ideally Situated Within Walking Distance To Top-Rated Schools, Subway And GO Transit, Shopping, Parks, And Easy Access To Highways And The Airport Placing Every Convenience At Your Doorstep. This Is More Than A Home It Is A Rare Investment Opportunity And Lifestyle Upgrade, Offering Versatile Living Arrangements, Multi-Family Potential, And Strong Income Streams In One Of Etobicoke's Most Desirable Communities. A Property Of This Caliber, Scale, And Flexibility Is Truly One Of A Kind.
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Estimated Payment
$10,173.23/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.
4 Martin Grove 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
Competitive Pricing
At $657/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.
Negotiation Opportunity
At 137 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.
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 8 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.
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 $9,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.