$2,188,800 - 76 Ashbourne Drive, Etobicoke
Multi-Family for Sale in Etobicoke
55 days on market- MLS Number
- W13041846
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 55
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
A rare and distinguished offering in the heart of Etobicoke this beautifully upgraded residence sits on a premium 47' x 157' lot in one of Eatonville's most sought-after pockets, just minutes to vibrant Bloor St. Surrounded by multi-million dollar homes, this legal duplex delivers an exceptional blend of space, elegance, and functionality.The main level showcases formal living & dining rooms, seamlessly flowing into a stunning open-concept kitchen and family room with centre island, breakfast area, and ceramic floors. The sunken family room is a true highlight, featuring vaulted ceilings, a skylight, expansive wall-to-wall windows, a striking 3-sided gas fireplace-creating a bright and inviting great room ideal for both everyday living and entertaining.Upstairs offers four generously sized bedrooms, including a well-appointed primary retreat with its own ensuite featuring heated floors, along with an additional full bathroom serving the secondary bedrooms. A main floor powder room adds convenience, and a utility room offers potential for main floor laundry hookup.The lower level provides exceptional versatility with a recently renovated self-contained suite 2025, ideal for extended family or income potential. In addition, this level features a media and entertainment room with a wood-burning stove, an additional bedroom, bathroom, and abundant storage throughout.Parking for 6 vehicles plus 1 in the garage, heated floors in the basement and primary ensuite, irrigation system, central vacuum, electricity in the garage, and a tankless dual system 2023.The home is also equipped with ducted central air and a separate fan unit-offering the best of both worlds.Step outside to a private, green oasis backyard with outdoor living space, hot tub rough-in conduit, and multiple exterior plugs-fully ready for entertaining. Backing onto a school and located steps to Wedgewood Park, top-rated schools, transit, shopping, and the Kipling GO and subway hub. Too many upgrades to list.
Estimate your monthly payments for this property
Estimated Payment
$9,681.80/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.
76 Ashbourne Drive, 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 $876/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 55 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.
Excellent Flexibility
With 6 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 $9,120 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.