496 The Kingsway N/A, Toronto W08

Price: $2,048,000

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13246670

"Princess Anne Manor" - a showstopping, meticulously renovated ranch bungalow nestled in one of Etobicoke's most coveted pockets. A thoughtfully designed addition introduces a sun-filled eat-in kitchen and an irresistibly cozy sitting room, seamlessly blending classic charm with modern living. Every inch has been appointed with care and intention, making this the perfect backdrop for a young family putting down roots or an executive couple who loves to entertain in style.Relax away the hours on the private, inviting front porch before stepping into a formal living room anchored by a gorgeous double-sided fireplace shared with the sitting room - a true architectural statement. Gleaming maple hardwood flows throughout. Host dinner parties for 16 in the generously proportioned dining room, designed for memorable evenings.The heart of the home, the chef's kitchen, features built-in stainless steel appliances, custom stainless steel counters and backsplash, and oodles of maple cabinetry. The sun-drenched breakfast room walks out to a manicured backyard complete with a stylish gazebo - your own private retreat.The primary bedroom offers a 3pc ensuite and walk-in closet. A beautifully appointed office serves equally well as a 3rd bedroom. The lower level is a dream for a teenager or returning university student - a full bedroom, washroom, and spacious rec room await. Even the laundry room impresses with its wall of maple cabinetry and stainless counters. The workshop offers serious space for hobbyists or easily convert it into a home gym.Coveted Richview school catchment, steps to St. Georges Golf Club, one bus to subway, easy highway access, and wonderful shops at Richview and Lloyd Manor Plazas. A beloved, tree-canopied community where memories are made for generations.

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New Listing
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$2,048,000 - 496 The Kingsway N/A, Etobicoke

Detached for Sale in Etobicoke

New — Listed 5 days ago
4Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W13246670
Property Type
Detached
Status
active
Days on Site
5
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Listing Brokerage
ROYAL LEPAGE TERREQUITY REALTY
Description

"Princess Anne Manor" - a showstopping, meticulously renovated ranch bungalow nestled in one of Etobicoke's most coveted pockets. A thoughtfully designed addition introduces a sun-filled eat-in kitchen and an irresistibly cozy sitting room, seamlessly blending classic charm with modern living. Every inch has been appointed with care and intention, making this the perfect backdrop for a young family putting down roots or an executive couple who loves to entertain in style.Relax away the hours on the private, inviting front porch before stepping into a formal living room anchored by a gorgeous double-sided fireplace shared with the sitting room - a true architectural statement. Gleaming maple hardwood flows throughout. Host dinner parties for 16 in the generously proportioned dining room, designed for memorable evenings.The heart of the home, the chef's kitchen, features built-in stainless steel appliances, custom stainless steel counters and backsplash, and oodles of maple cabinetry. The sun-drenched breakfast room walks out to a manicured backyard complete with a stylish gazebo - your own private retreat.The primary bedroom offers a 3pc ensuite and walk-in closet. A beautifully appointed office serves equally well as a 3rd bedroom. The lower level is a dream for a teenager or returning university student - a full bedroom, washroom, and spacious rec room await. Even the laundry room impresses with its wall of maple cabinetry and stainless counters. The workshop offers serious space for hobbyists or easily convert it into a home gym.Coveted Richview school catchment, steps to St. Georges Golf Club, one bus to subway, easy highway access, and wonderful shops at Richview and Lloyd Manor Plazas. A beloved, tree-canopied community where memories are made for generations.

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Estimated Payment

$9,058.99/mo

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5-yr fixed avg.

Principal: $1,638,400Interest: $1,079,298
Mortgage Amount$1,638,400
Total Interest$1,079,298
Est. Property Tax$1,451/mo
Total Cost$2,717,698

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

496 The Kingsway N/A, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$1,451
Insurance (est.)-$427
Net Cash Flow+$1,322

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

Premium Pricing

At $1365/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.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Etobicoke. Good resale value as demand remains consistent.

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 $8,533 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    496 The Kingsway N/A, Etobico… — $2,048,000 | Battaglia Team