$20,000/mo - 8 Nora Road, Etobicoke
Detached for Rent in Etobicoke
108 days on market- MLS Number
- W12797772
- Property Type
- Detached
- Status
- active
- Days on Site
- 108
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
View the award-winning backyard: https://executiveagency.ca/8NoraRoad. Exquisite Custom Home in Etobicoke Fully Furnished & Move-In Ready, A breathtaking 4,600 sq. ft. (incl. basement) contemporary masterpiece on a quiet, mature street in the heart of Etobicoke. Designed to impress with high-end finishes, custom millwork, and meticulous details throughout. The main level boasts a sun-filled open-concept layout, oversized picture windows, and a chefs kitchen with a large island perfect for entertaining. Enjoy a stunning living room with a natural stone gas fireplace, formal dining, a family room, a stylish powder room, and a welcoming foyer. The upper level features a skylit hallway leading to the primary suite with a spacious walk-in closet and spa-like ensuite with heated porcelain floors. Three additional bedrooms each have ensuite baths and walk-in closets, plus a laundry room and linen closet. The lower level offers expansive family spaces with heated floors, an extra bedroom with a 4-piece bath ideal for guests or a nanny suite, plus a secondary laundry. The backyard is an entertainers dream. Large saltwater pool, cabana, sectional seating, and dining area. Prime location! Walk to Islington Village, Kipling Station, and top amenities. Minutes from Kingsway College School & top-rated Catholic schools. Only 20 minutes to Downtown & Pearson Airport. Don't miss this rare opportunity schedule your private viewing today! Option to lease unfurnished available. Utilities extra. Landlord to maintain pool grass. House is wired both inside and out with Sonos and security cameras running 24 hours a day. Monitored alarm system included.
Estimate your monthly payments for this property
Estimated Payment
$102.61/mo
Includes CMHC insurance ($558)
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.
8 Nora Road, Etobicoke (Islington / Rexdale)
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $20,000/mo, this is asking above the typical 4-bedroom rent of ~$4,200/mo in Etobicoke. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Negotiation Opportunity
At 108 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 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.