$9,950,000 - 43 The Kingsway N/A, Etobicoke
Detached for Sale in Etobicoke
133 days on market- MLS Number
- W12476896
- Property Type
- Detached
- Status
- active
- Days on Site
- 133
- Bedrooms
- 6
- Bathrooms
- 7
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- RE/MAX PROFESSIONALS INC.
Quintessential Kingsway! This is the first estate to be built in the Kingsway, located on the best and first lots in the Kingsway, selected for the most overall table land available on the Humber River ravine - 43 The Kingsway is the crown jewel of the neighbourhood. If you've ever driven through the neighbourhood, you already know this home - it's the one with the glass atrium with copper roof, the one that glows at night & is full of light during the day. Since construction, the home has been meticulously stewarded by its owners and tastefully updated to blend modern sensibilities without losing the Kingsway feeling. From the outside, you'll appreciate Jim Mosher's dramatic Humber River stone landscaping, and the elegant, particularly Kingsway, styling of the rear extension is seamless. Enter the show-stopping glass atrium, complete with heated floors and a wrought iron spiral staircase. To your left is an oversized three-car garage with ample storage. Up the spiral staircase, the guest or nanny suite is built to impress - vaulted ceilings, floor-to-ceiling Humber River ravine views. The main house is built for entertaining. The reimagined flow of the first floor features multiple formal living spaces, an airy family room, an elegant extended-family-sized dining room, & new chef's kitchen - overbuilt with the consummate entertainer in mind, with truly flawless marble work. The 2nd floor is built around the primary suite, featuring a sitting room with views of the River, an impressive walk-in closet, dual primary baths, & fireplace. The floor has three more bedrooms, all with abundant closet space & remarkable views. The 3rd floor is adaptable - with large dormers overlooking the ravine, ample closet space & a four-piece bathroom, this could be a secondary primary bedroom, a rec room with office, a playroom, or the alternate nanny suite.The lower level features rec room & gym, walkout to the rear lawns.
Estimate your monthly payments for this property
Estimated Payment
$44,012.21/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.
43 The Kingsway N/A, 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 $1990/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 133 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.
Larger Home Realities
At 5,000 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 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 7 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.