$1,760,000 - 651 Burnhamthorpe Road, Etobicoke
Detached for Sale in Etobicoke
43 days on market- MLS Number
- W13093536
- Property Type
- Detached
- Status
- active
- Days on Site
- 43
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- TIMES REALTY GROUP INC.
Welcome to an exceptional, fully renovated home. 2022-2024 Major renovations include: expansion of the garage and kitchen areas, direct access from the garage, an upper-level addition with 2 extra bedrooms with their own 3-pc ensuites, redesigned 2nd floor with extra washrooms, a separate walk-up from the basement, all new 2022 windows, a new roof on the 3rd-level addition, and new garage doors. Perfect for a large or multigenerational family with over 3300 Sq Ft, this home offers over 2,415 Sq Ft of living space with a 400 Sq Ft extra-deep 2-car garage and 550 Sq Ft of extra storage in the crawl space . Enjoy backyard views with the garden and fruit trees looking out from the kitchen. Each of the carpet-free 5 bright and spacious bedrooms offers plenty of storage, large windows with lots of sunlight. 5 renovated bathrooms. The lower-level family room features a floor-to-ceiling stone gas fireplace, perfect for cozy evenings. The finished basement has large above-grade windows and a separate walk-up entrance to a large patio and an additional storage space with a large crawl space area. Enjoy a private yard with all-day sun and a covered patio perfect for summer BBQs, even during the rainy days. With a deep garage, huge crawl space, and pkg for up to 5 cars, you'll never be short on storage or convenience. Only a 5-minute drive to Centennial Park, municipal parks and playgrounds, plazas and Square One shopping Centre, top-rated schools, direct transit access, golf courses, community pools, trails, and quick access to Highway 427.
Estimate your monthly payments for this property
Estimated Payment
$7,785.07/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.
651 Burnhamthorpe 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 $880/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.
Market Position
At 43 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.
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.
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 Etobicoke.
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 $7,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.