460 Martin Grove Road, Toronto W08

Price: $1,100,000

5 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13155814

Princess Margaret Area - Immaculate 3+2 Bedroom Raised Bungalow! Absolutely spotless and full of potential, this bright raised bungalow features a beautiful oak kitchen and a fully finished basement with an English Tudor-style rec room, games room, extra bedrooms, and a 3-pc bath. Located just steps to TTC, shops, schools, and parks - a fantastic opportunity for renovators or buyers looking to update and transform a solid home in a prime neighbourhood. Brokerage Remarks

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New Listing
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$1,100,000 - 460 Martin Grove Road, Etobicoke

Detached for Sale in Etobicoke

New — Listed 4 days ago
5Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W13155814
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
5
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Listing Brokerage
CMI REAL ESTATE INC.
Description

Princess Margaret Area - Immaculate 3+2 Bedroom Raised Bungalow! Absolutely spotless and full of potential, this bright raised bungalow features a beautiful oak kitchen and a fully finished basement with an English Tudor-style rec room, games room, extra bedrooms, and a 3-pc bath. Located just steps to TTC, shops, schools, and parks - a fantastic opportunity for renovators or buyers looking to update and transform a solid home in a prime neighbourhood. Brokerage Remarks

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,865.67/mo

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5-yr fixed avg.

Principal: $880,000Interest: $579,701
Mortgage Amount$880,000
Total Interest$579,701
Est. Property Tax$779/mo
Total Cost$1,459,701

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

460 Martin Grove Road, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$779
Insurance (est.)-$229
Net Cash Flow+$2,592

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

Fair Market Value

At $1000/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Etobicoke's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 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.

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 $4,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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