141 Summitcrest Drive, Toronto W09

Price: $1,425,888

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13440768

Lot 51X156ft!! Rarely available 4 bedroom sidesplit with double car garage in Richview Gardens with access to coveted Father Serra and Richview Collegiate District. Home located in front of a park and steps to library. Home is tenanted and triple A tenants can stay or go. This home is next door to 33 Waterford Rd for someone looking to buy 2 homes next door to each other. Ideal home for a garden suite or potentially sixplex.

141 Summitcrest Drive - Detached photo 1 of 14 in Etobicoke (Kingsview Village / Humber Heights), Ontario
141 Summitcrest Drive - Detached photo 2 of 14 in Etobicoke (Kingsview Village / Humber Heights), Ontario
141 Summitcrest Drive - Detached photo 3 of 14 in Etobicoke (Kingsview Village / Humber Heights), Ontario
141 Summitcrest Drive - Detached photo 4 of 14 in Etobicoke (Kingsview Village / Humber Heights), Ontario
141 Summitcrest Drive - Detached photo 5 of 14 in Etobicoke (Kingsview Village / Humber Heights), Ontario
141 Summitcrest Drive - Detached photo 6 of 14 in Etobicoke (Kingsview Village / Humber Heights), Ontario
141 Summitcrest Drive - Detached photo 7 of 14 in Etobicoke (Kingsview Village / Humber Heights), Ontario
141 Summitcrest Drive - Detached photo 8 of 14 in Etobicoke (Kingsview Village / Humber Heights), Ontario
141 Summitcrest Drive - Detached photo 9 of 14 in Etobicoke (Kingsview Village / Humber Heights), Ontario
141 Summitcrest Drive - Detached photo 10 of 14 in Etobicoke (Kingsview Village / Humber Heights), Ontario
141 Summitcrest Drive - Detached photo 11 of 14 in Etobicoke (Kingsview Village / Humber Heights), Ontario
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$1,425,888 - 141 Summitcrest Drive, Etobicoke

Detached for Sale in Etobicoke

Neighbourhood: Willowridge-Martingrove-Richview

5Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W13440768
Property Type
Detached
Status
active
Days on Site
21
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Etobicoke (Kingsview Village / Humber Heights)
Listing Brokerage
SNOBAR REALTY GROUP INC.
Description

Lot 51X156ft!! Rarely available 4 bedroom sidesplit with double car garage in Richview Gardens with access to coveted Father Serra and Richview Collegiate District. Home located in front of a park and steps to library. Home is tenanted and triple A tenants can stay or go. This home is next door to 33 Waterford Rd for someone looking to buy 2 homes next door to each other. Ideal home for a garden suite or potentially sixplex.

Mortgage Calculator

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Estimated Payment

$6,307.18/mo

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5-yr fixed avg.

Principal: $1,140,710Interest: $751,444
Mortgage Amount$1,140,710
Total Interest$751,444
Est. Property Tax$1,010/mo
Total Cost$1,892,154

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.

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Neighbourhood Guide: Willowridge-Martingrove-Richview

Discover Willowridge-Martingrove-Richview

Willowridge-Martingrove-Richview 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 Willowridge-Martingrove-Richview

  • Convenient location in Etobicoke (Kingsview Village / Humber Heights)
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Willowridge-Martingrove-Richview 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.

70
Walk Score
Varies
Price Range

141 Summitcrest Drive, Etobicoke (Kingsview Village / Humber Heights)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$1,010
Insurance (est.)-$297
Net Cash Flow+$2,293

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $951/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 21 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.

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 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.

About Willowridge-Martingrove-Richview

I know Willowridge-Martingrove-Richview well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    141 Summitcrest Drive | $1,425,888 | Battaglia Team