$1,799,000 - 5 Tyre Avenue Unit 30, Etobicoke
Detached for Sale in Etobicoke
108 days on market- MLS Number
- W12795618
- Property Type
- Detached
- Status
- active
- Days on Site
- 108
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Welcome to this exceptional detached residence w/over 2,500 sq. ft. of beautifully finished space across four levels, perfect for both family living and entertaining. Built in 2006, this home stands apart being the largest lot in the highly desirable Islington Village Estates. Numerous upgrades throughout as well as a dramatic backyard transformation. The vaulted foyer opens into a warm and welcoming setting with bright, airy ambiance throughout the main floor. Featuring 9-foot ceilings and rich hardwood flooring, the open-concept layout seamlessly connects the principal spaces. The elegant kitchen is anchored with a center island, marble countertops, stainless appliances and a charming breakfast nook overlooking the backyard pool. The open family room offers a relaxing retreat with a gas fireplace and custom built-in bookshelves. Upstairs, the second level features three spacious bedrooms, including a luxurious primary suite with a sumptuous 5-piece ensuite, deep soaking tub with built-in television, and an oversized walk-in closet. The third-floor loft provides an expansive and versatile open-concept space with abundant storage - ideal as additional bedrooms, a home office, fitness studio, or even a private primary retreat. The fully finished lower level adds a generous recreation room featuring a drop-down movie screen rustic wood-accent wall, along with a renovated 3-piece bathroom complete with a steam shower. The true pièce de résistance is the spectacular backyard oasis. Designed for ultimate privacy and tranquility, it features an inground pool, lush landscaping, covered cabana, poolside bar, and hot tub - creating the perfect setting for summer entertaining or peaceful relaxation. Nestled within a coveted enclave this is a rare opportunity for a growing family. POTL fee of 209.00/month includes road maintenance & snow removal, landscaping, security cameras & visitor parking.
Estimate your monthly payments for this property
Estimated Payment
$7,957.58/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 Tyre Avenue Unit 30, 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
Competitive Pricing
At $720/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 108 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.
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 5 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 $7,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.