$1,685,000 - 53 Monkton Avenue, Corso Italia
Detached for Sale in Corso Italia
New — Listed 3 days ago- MLS Number
- W13234678
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Corso Italia / Dufferin Grove
- Listing Brokerage
- Strive Realty Ltd.
Offered for the first time in nearly three decades, this exceptional residence showcases a rare combination of timeless care, thoughtful design, and remarkable versatility. Originally a bungalow and expertly expanded into a spacious 2-storey home, it offers an ideal layout for modern family living while reflecting the pride of ownership that only long-term stewardship can provide. Situated on a desirable corner lot with beautiful curb appeal, a generous outdoor footprint, and an attached garage, this home has a commanding presence in one of Etobicoke's most sought-after family communities. The thoughtfully designed floor plan offers outstanding flexibility. The main floor features 2 well-proportioned bedrooms, ideal for guests, home offices, or growing families, along with spacious principal rooms designed for both everyday living and entertaining. The upper level is dedicated to family living, offering two large bedrooms, including an expansive primary retreat complete with a luxurious ensuite. A substantial bonus upstairs family room provides incredible versatility and could serve as a media room, children's retreat, recreation space, or be converted into an additional bedroom. The finished lower level presents exceptional value and future potential. Featuring a separate entrance, an existing bedroom, a large recreation room, and ample living space, it is perfectly suited for in-law accommodations, multi-generational living, or future income potential. The layout naturally lends itself to a potential secondary suite. With 3 bathrooms, generous living spaces, and endless flexibility to suit a variety of lifestyles, this home is designed to grow and adapt with your family's needs. Ideally located in a safe, established neighbourhood close to parks, schools, shopping, transit, and major highways, this is a rare opportunity to acquire a lovingly maintained home where comfort, functionality, and long-term potential come together in the heart of Etobicoke.
Estimate your monthly payments for this property
Estimated Payment
$7,453.32/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 Corso Italia / Dufferin Grove
Corso Italia / Dufferin Grove 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 Corso Italia / Dufferin Grove
- •Convenient location in Corso Italia / Dufferin Grove
- •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
Corso Italia / Dufferin Grove 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.
53 Monkton Avenue, Corso Italia / Dufferin Grove
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Fair Market Value
At $1123/sqft, this property is priced in line with current Corso Italia 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 Corso Italia'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 Corso Italia 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 Corso Italia.
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: Corso Italia properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,021 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.