$5,000,000 - 85 Kingsway Crescent, Etobicoke
Detached for Sale in Etobicoke
52 days on market- MLS Number
- W13046780
- Property Type
- Detached
- Status
- active
- Days on Site
- 52
- Bedrooms
- 5
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Architecturally significant custom-built residence in the heart of The Kingsway, offering approximately 5,000 sq ft of refined living space on a premium 50' lot. Designed by Ian Robertson, this home blends timeless elegance with modern sophistication. A striking limestone façade, Loewen windows and doors, and a lifetime PVC slate roof highlight the exterior. Inside, enjoy soaring ceilings (11' main, up to 10' second, 9' basement) and exceptional finishes throughout, including European white oak hardwood, imported porcelain and stone, custom millwork, and Rubinet fixtures.The chef's Downsview kitchen features luxury appliances including a Sub-Zero fridge and La Cornue stove/oven, along with two pullout drawer dishwashers (one in the main kitchen and a second in the servery), and a servery-ideal for entertaining. The well-appointed servery also includes a pullout drawer fridge and freezer, as well as a built-in espresso bar.The fully finished lower level offers a walk-up to the pool deck, a second kitchen, a sunken gym, a nanny suite, and two full baths. Additional features include two furnaces (basement and attic), heated basement and garage floors, an extra-high climate-controlled garage (lift potential), and solid wood doors with Emtek hardware. Outdoor living is complete with a low-maintenance fiberglass saltwater pool and integrated spa. Prime location steps to Bloor West Village shops and dining, parks, transit, and the top-rated Lambton Kingsway JMS.
Estimate your monthly payments for this property
Estimated Payment
$22,116.69/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.
85 Kingsway Crescent, 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
Premium Pricing
At $1429/sqft, this property is priced above the Etobicoke average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 52 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 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.