$3,799,000 - 57 Meadowbank Road, Etobicoke
Detached for Sale in Etobicoke
141 days on market- MLS Number
- W12491718
- Property Type
- Detached
- Status
- active
- Days on Site
- 141
- Bedrooms
- 7
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Nestled in one of West Toronto's most sought-after communities, this masterfully custom-crafted estate features 5 bedrooms, 7 bathrooms, and over 6,000 square feet of bespoke living space. As you step through the front entrance, you are welcomed by a grand foyer with seemingly endless sightlines extending through to the backyard, setting the tone for the luxurious experience that awaits. At the heart of the main level lies an incredible kitchen with custom cabinetry, premium Thermador appliances, and a family-sized island. Adjacent to the kitchen, the butler's pantry leads you to the grand dining room, perfect for entertaining. The open-plan kitchen and living area boasts a feature wall with a TV niche, linear gas fireplace, and built-in storage, creating a warm and inviting space for gatherings. Step through the rear garden doors and prepare to be enchanted by the meticulously designed backyard. This outdoor oasis offers multiple areas for al fresco dining, a relaxing retreat by the outdoor fireplace under a custom pergola, and ample space to bask in the sun amidst professionally manicured gardens. It is truly an oasis inspired by luxury hotel gardens. The master suite, located at the rear of the home, features striking vaulted ceilings, a chic 5-piece bathroom, a dressing room, a shoe closet, and a built-in vanity area. The spacious 2nd and 3rd bedrooms share an ensuite bath with a double vanity and separate water closet, while the 4th and 5th bedrooms offer private ensuites, ideal for guests or separate living quarters. The expansive lower level features an open-concept theatre and games room with a 100-inch screen and a 7.1 built-in sound system. Additionally, you'll find a spa-inspired full bathroom, bedroom or den, ample storage areas, laundry room, and a fully equipped mirrored gym/yoga studio. Discover the epitome of luxury living where every detail is designed for comfort, elegance, and style.
Estimate your monthly payments for this property
Estimated Payment
$16,804.26/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.
57 Meadowbank Road, 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
Fair Market Value
At $1085/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.
Negotiation Opportunity
At 141 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.
Larger Home Realities
At 3,500 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.
Excellent Flexibility
With 7 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 Etobicoke.
Bathroom Count Matters
With 7 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.