$1,688,800 - 216 Shaver Avenue, Etobicoke
Detached for Sale in Etobicoke
109 days on marketNeighbourhood: Islington-City Centre West
- MLS Number
- W12905868
- Property Type
- Detached
- Status
- active
- Days on Site
- 109
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
This premium corner lot offers a rare, shovel-ready opportunity to build a sophisticated custom residence in the heart of one of Etobicoke's most prestigious neighborhoods. Boasting an impressive 50-foot frontage and a depth of 142.41 feet, this property comes with fully approved permits, allowing you to bypass years of architectural red tape and avoid the lengthy wait times associated with city approvals. You can break ground immediately on this two-storey masterpiece, which begins with a striking open-to-above foyer. The main floor is designed with separate living, dining, and family rooms, providing a perfect balance of formal elegance and daily comfort. At the heart of the home is a chef-inspired kitchen featuring a massive center island, a dedicated large pantry, and a sun-filled breakfast area that flows directly onto a private verandah.Upstairs, the residence transforms into a true sanctuary. The expansive primary suite is a masterclass in luxury, boasting a private bonus sitting area, a sprawling walk-in closet, and a spa-like ensuite. Every family member enjoys total privacy, as each of the three additional generous bedrooms on the second floor comes equipped with its own dedicated ensuite bathroom. The lower level adds immense functional scale, featuring a total of two full bathrooms, a large recreation zone, a dedicated exercise room, and a fifth bedroom with its own ensuite. Rare dual access via a backyard walk-up entrance and internal stairs provides seamless potential for an in-law suite or private home office.
Estimate your monthly payments for this property
Estimated Payment
$7,470.13/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 Islington-City Centre West
Islington-City Centre West 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 Islington-City Centre West
- •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
Islington-City Centre West 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.
216 Shaver Avenue, 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 $2413/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 109 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Islington-City Centre West
I know Islington-City Centre West 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 $7,037 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.