$1,099,900 - 5 Acorn Avenue, Etobicoke
Detached for Sale in Etobicoke
38 days on market- MLS Number
- W13109736
- Property Type
- Detached
- Status
- active
- Days on Site
- 38
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Upgraded and Meticulously Maintained Bungalow with Modern Open Concept Design Situated on a Matured Treed Lot, Featuring Rarely Offered Dream 2 Level Fully Detached Garage/Workshop/Hobby Shop/Artist Studio, great teenage hangout or Coach House Potential Equipped With Heat, Hydro & Insulated Upper Level Loft Space With private Balcony & Separate Entrance That Offers Endless Possibilities. Some of the Many Upgrades Are New Kitchen w/ Quartz Countertops & S/S Appliances, New Main Floor Bath & Upgraded Flooring Throughout, Roof, Windows, Vinyl Siding, Newer Concrete Rear Pathway & Patio. Finished Basement for In-Law or Rental Potential. Step Into Your Private Garden Oasis With Lush Landscaping for That Tropical Feel! Pest Proof Enclosed Vegetable Garden, Mature Fruit Tree! Custom Outdoor Tiki Bar for the Ideal Party/Entertainment Outdoor Area. Walk Out to Fully Covered Deck! Massive Driveway for up to 6 Car Parking! Located in Prime Kipling/Bloor Area and Just Steps Away From the Kipling Transit Hub With Subway, GO Station, MiWay, Close to HWY 427. Close to Parks, Schools, Biking and Hiking Trails. Parking for up to 6 Cars on Large Private Driveway!
Estimate your monthly payments for this property
Estimated Payment
$4,865.23/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.
5 Acorn Avenue, 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 $1571/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.
Market Position
At 38 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.