$2,880,000 - 54 Renown Road, Etobicoke
New Construction for Sale in Etobicoke
New — Listed 5 days ago- MLS Number
- W13241926
- Property Type
- New Construction
- Status
- active
- Days on Site
- 5
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- RE/MAX PROFESSIONALS INC.
Exceptional opportunity in the heart of Islington Village! Offering 5,000 sq ft of beautifully finished living space, this custom-built residence seamlessly blends modern luxury with refined family living. Featuring sleek contemporary finishes, soaring ceilings, expansive windows, and impeccable craftsmanship throughout, this remarkable home is a rare offering in prime Central Etobicoke. The open-concept main level is designed for elegant entertaining and everyday life, with seamless flow between principal rooms. The gourmet kitchen features integrated appliances, a walk-in pantry, a large centre island with breakfast bar, and a bright breakfast area with French doors opening to the backyard. The adjoining family room is anchored by a fireplace with a custom walnut mantel. Designed for exceptional indoor-outdoor enjoyment, the private, fully fenced backyard features a tiered stone patio with a gas BBQ hook-up, multiple lounge and dining areas, a built-in sound system, a hot tub, an in-ground pool with a glass safety enclosure, a fire table, a pool shed, and a pergola. A skylit staircase leads to the second level, where the tranquil primary suite offers a custom walk-in closet and spa-inspired five-piece ensuite. Three additional bedrooms are thoughtfully designed for family needs, including one with a three-piece ensuite and shared balcony, another with a walk-in closet and semi-ensuite bath, and a fourth with balcony access. A convenient second-floor laundry room completes the level. The expansive lower level offers outstanding flexibility with a recreation/media room, gym and games area, home office or den space, abundant storage, and French doors with walk-up access to the yard. Ideally located near shops, restaurants, cafés, parks, excellent schools, Montgomery's Inn Farmers' Market, transit, and the GO, with convenient access to major highways, downtown Toronto, and Pearson Airport.
Estimate your monthly payments for this property
Estimated Payment
$12,739.21/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.
54 Renown Road, Etobicoke (Islington / Rexdale)
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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 $960/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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 $12,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.