$3,899,000 - 4 The Kingsway N/A Unit TH 2, Etobicoke
Condo for Sale in Etobicoke
141 days on market- MLS Number
- W12449212
- Property Type
- Condo
- Status
- active
- Days on Site
- 141
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 2,750 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
4 The Kingsway TH 2 offers an exceptional bungalow alternative, combining the ease of single-level living with luxury condo convenience. Enjoy direct access from your private underground parking space right into your own unit no need to enter through a shared lobby. This rare feature ensures maximum privacy and ease of daily living. Flooded with natural light thanks to its prized south exposure, the bright and airy interiors evoke the feeling of sitting in the south of France. The thoughtfully designed split floor plan provides distinct living and sleeping zones, complemented by soaring 13-foot ceilings that amplify the spacious atmosphere.A full-size laundry room offers ample storage and folding space, enhancing everyday functionality. The lower-level recreational area is a standout, featuring a large TV and custom bar, making it the ultimate space for entertaining family and friends.Residents benefit from exclusive white glove services, including valet parking, attentive concierge, and access to high-end building amenities. Designed by renowned architect Richard Wengle and constructed by the trusted North Drive, this residence exemplifies meticulous craftsmanship and elegant design.This nearly 3,000-square-foot home is situated in a prestigious boutique building steps from the Old Mill subway, local shops, and restaurants. Scenic trails along the Humber River connect to the lakefront, while downtown Toronto, airports, and premier golf courses are all within easy reach. Offering privacy, comfort, and convenience, this home is a distinctive choice for refined urban living.
Estimate your monthly payments for this property
Estimated Payment
$17,246.59/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 The Kingsway N/A Unit TH 2, 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 $1418/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.
Negotiation Opportunity
At 141 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Larger Home Realities
At 2,750 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.
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 $16,246 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.