$2,130,000 - 78 Meadowbank Road, Etobicoke
Detached for Sale in Etobicoke
- MLS Number
- W13225300
- Property Type
- Detached
- Status
- active
- Days on Site
- 17
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- RE/MAX REALTY SPECIALISTS INC.
This time of year, Toronto blooms into its deepest greens and most vibrant colours. Here sunlight doesn't simply enter a room, it dances across the halls, climbs the walls, and radiates through every space. Once a traditional centre-plan residence, it has been thoughtfully reimagined over the years into something rare: a seamless blend of classic and modern splendour. Traditional craftsmanship and warm hardwoods meet vaulted ceilings and an abundance of space that simply stands out. Vast without feeling lost. There is a perfect sense of division and flow here. From the moment you step into the foyer, this home holds you in its warmth and approachability. A large, classic living room anchored by a gas fireplace peers into a formal dining space, which flows effortlessly into a gallery kitchen built entirely for the way we live today. From there, you can head to the laundry mudroom, step out into a spectacular yard, or be drawn into a sunken main-level family room. A separate garage entrance and a powder rm complete the picture. Upstairs is equally impressive. Three-plus-one oversized bedrooms, each with built-in storage and loads of character and charm. The principal suite is sunken, anchored by its own fireplace, ten closet spaces (no, that is not a typo), with a private office floats above the family room below, bathed in... yes... light from abundant skylights. A luxe ensuite completes the retreat. The other bedrooms are equally beautiful, sharing a Jack and Jill bath that won't disappoint. Pause up here for a moment feel the ease, the richness, the treetops and you'll understand this home. The lower level brings a fourth fireplace, a family room, a wet bar, and additional flexible space. Now let's go outside! Incredible 85 x146 foot lot! The privacy and scale are immediate. A generous setback from the road, expansive deck space at the front and rear, and a side yard that feels like a garden. This is magical outdoor living by any measure.
Estimate your monthly payments for this property
Estimated Payment
$9,421.71/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.
78 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 $852/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 17 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.
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 $8,875 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.