$998,000 - 55 Furrow Lane, Etobicoke
Townhouse for Sale in Etobicoke
41 days on market- MLS Number
- W13102766
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 41
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- RE/MAX PROFESSIONALS INC.
Welcome to 55 Furrow Lane, a freehold 3-storey Dunpar-built townhouse in central Etobicoke's highly connected Islington-City Centre neighbourhood walking distance to Islington Subway Station, Bloor Street shops, restaurants and everyday amenities. This well-maintained 3+1 bedroom, 3 bathroom home offers approximately 1,638 sq ft of thoughtfully designed above grade living space with a functional multi-level layout, multiple outdoor spaces and 2-car tandem garage parking with direct access to the home. The open-concept main floor seamlessly connects the kitchen, dining and living areas, creating comfortable everyday living and hosting space and features a bright living room with hardwood floors, crown moulding, pot lights and a walkout to a sunny, south-facing private terrace, a dining area with crown moulding and an updated kitchen complete with quartz countertops, marble backsplash, stainless steel appliances, an oversized sink, tile flooring, pot lights and a bay window. The second level includes two spacious bedrooms, a full 4-piece bathroom and a well-positioned laundry room that adds practical day-to-day function. The entire third floor is dedicated to the primary retreat boasting its own balcony, walk-in closet and a spa-like 5-piece ensuite bathroom. The lower level includes a versatile bedroom that can also function as a den or home office, a 2-piece bathroom, a large closet and direct garage access. Ideally situated near Norseman Heights and Fairfield Parks, Bloor-Islington Place and Titan-Islington Plaza with No Frills, Healthy Planet, Islington Nurseries and more. Within the catchment area for highly regarded schools including Norseman JMS, Holy Angels Catholic School, Bishop Allen Academy and Etobicoke Collegiate Institute. Transit Score of 80 with excellent TTC and highway access. A thoughtfully designed freehold townhome offering exceptional space and functionality in the heart of Etobicoke's Islington-City Centre community.
Estimate your monthly payments for this property
Estimated Payment
$5,120.26/mo
Includes CMHC insurance ($27,844)
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.
55 Furrow Lane, 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 $665/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.
Market Position
At 41 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Etobicoke have shown strong appreciation as families seek more space.
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 $4,158 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.