$15,500/mo - 12 Bernice Avenue, Corso Italia
Detached for Rent in Corso Italia
55 days on marketNeighbourhood: Stonegate-Queensway
- MLS Number
- W13123274
- Property Type
- Detached
- Status
- active
- Days on Site
- 55
- Bedrooms
- 5
- Bathrooms
- 6
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Corso Italia / Dufferin Grove
- Listing Brokerage
- HOMELIFE LANDMARK REALTY INC.
Welcome to 12 Bernice Ave, an exceptional contemporary luxury residence available for lease in Etobicoke. Offering approx. 4,500 sq. ft. across all floors, this 4+1 bedroom, 6 bathroom custom home blends refined design, smart-home technology and resort-style amenities. The second floor features 4 spacious bedrooms, each with its own ensuite, including a serene primary retreat with steam shower and automated window coverings. The main floor is designed for elevated everyday living and entertaining, with floor-to-ceiling windows, a high-end Neff kitchen with Miele built-in appliances, extensive custom millwork, built-ins and closets throughout. A dramatic 20 ft x 10 ft rear window/door opening with retractable screens connects the interior to the covered patio for seamless indoor-outdoor living. Enjoy a private backyard with hot tub, covered seating and landscaped outdoor space. The lower level includes an additional bedroom, bathroom, sauna and a private gym located under the garage. Fully integrated home automation includes Savant-controlled architectural pot lights with circadian Daylight Mode, tunable colour temperature, dimming and custom scenes, plus automated window coverings on the main floor and in the primary bedroom. Club-worthy integrated audio with built-in subwoofers creates an incredible entertaining experience. Additional features include a hot water circulation system for on-demand hot water, heated driveway and rare finished two-car garage with epoxy floors, painted walls, trim work, windows above the garage doors and 20+ pot lights. Lawn/garden maintenance and hot tub maintenance included. Furniture/furnishings may be negotiated separately. A truly distinctive luxury lease opportunity for the most discerning tenant.
Estimate your monthly payments for this property
Estimated Payment
$79.52/mo
Includes CMHC insurance ($432)
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 Stonegate-Queensway
Stonegate-Queensway 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 Stonegate-Queensway
- •Convenient location in Corso Italia / Dufferin Grove
- •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
Stonegate-Queensway 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.
12 Bernice Avenue, Corso Italia / Dufferin Grove
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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 $15,500/mo, this is asking above the typical 4-bedroom rent of ~$4,200/mo in Corso Italia. 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 55 days on site, this property has exceeded the typical selling timeline for Corso Italia. 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 Corso Italia 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 3,000 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 Corso Italia.
Bathroom Count Matters
With 6 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.