$1,199,999 - 16 Carsbrooke Road, Etobicoke
Detached for Sale in Etobicoke
Neighbourhood: Etobicoke West Mall
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- MLS Number
- W13811948
- Property Type
- Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Lot Size
- 7,266 sqft
- Taxes (2025)
- $5,512
- Listing Brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
Welcome to a rare opportunity on a quiet, family-friendly street just steps from the park andplayground. This spacious and sun-filled 3-bedroom bungalow sits on a premium lot and offers exceptional potential for investors, renovators, builders, or buyers looking to create theirfuture dream home. The property has been occupied by the same long-term tenant family since2017, creating an attractive opportunity for a buyer who may wish to continue generating rentalincome while planning future renovations, redevelopment, or permit approvals. Inside, the homeoffers a functional bungalow layout with hardwood flooring, an updated kitchen and bathrooms,and a spacious lower-level family room providing additional living space. Sliding glass doorsopen to a large rear deck overlooking the backyard and kidney-shaped Deakin concrete pool,creating a private outdoor setting with plenty of possibilities. Additional features includedouble glass front doors, kitchen and foyer tile flooring, a side entrance with built-inblinds, a newer wood porch, and an extra-long and wide driveway. Whether you envision holdingas an income-producing property, renovating and personalizing the existing home, or planningsomething entirely new on this premium lot, this is a property with flexibility, location, andlong-term potential. Some pictures might be AI staged.
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Estimated Payment
$5,308.00/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 West Mall
Etobicoke West Mall 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 West Mall
- •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 West Mall 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.
16 Carsbrooke 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 $1091/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 16 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About Etobicoke West Mall
I know Etobicoke West Mall 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.
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 $5,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.