23 Brussels Street, Toronto W07

Price: $2,399,900

6 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13696624

Attention builders, developers and investors! Welcome to 23 Brussels Street, a spacious Etobicoke property situated on a wide, generous lot with excellent investment and redevelopment potential. The existing home features 6 bedrooms, 2 kitchens, 2 washrooms, a newly renovated high-ceiling basement with separate entrance, a 2-car garage and private driveway parking for up to 6 vehicles. The basement unit was previously leased to a licensed daycare operator, offering additional flexibility for future use. The large lot presents an excellent opportunity to renovate, hold, generate rental income, or explore multiplex and garden suite development, subject to applicable zoning, building regulations and City of Toronto approvals. Conveniently located close to schools, parks, shopping, restaurants, movie theatres, TTC, major highways, downtown Toronto and everyday amenities. Don't miss this rare opportunity to secure a property with space, income potential and exciting future redevelopment possibilities in a desirable Etobicoke location.

23 Brussels Street - Detached photo 1 of 7 in Corso Italia / Dufferin Grove, Ontario
23 Brussels Street - Detached photo 2 of 7 in Corso Italia / Dufferin Grove, Ontario
23 Brussels Street - Detached photo 3 of 7 in Corso Italia / Dufferin Grove, Ontario
23 Brussels Street - Detached photo 4 of 7 in Corso Italia / Dufferin Grove, Ontario
23 Brussels Street - Detached photo 5 of 7 in Corso Italia / Dufferin Grove, Ontario
23 Brussels Street - Detached photo 6 of 7 in Corso Italia / Dufferin Grove, Ontario
23 Brussels Street - Detached photo 7 of 7 in Corso Italia / Dufferin Grove, Ontario
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New Listing
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$2,399,900 - 23 Brussels Street, Corso Italia

Detached for Sale in Corso Italia

New — Listed 3 days ago

Neighbourhood: Stonegate-Queensway

6Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W13696624
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
6
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Corso Italia / Dufferin Grove
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Description

Attention builders, developers and investors! Welcome to 23 Brussels Street, a spacious Etobicoke property situated on a wide, generous lot with excellent investment and redevelopment potential. The existing home features 6 bedrooms, 2 kitchens, 2 washrooms, a newly renovated high-ceiling basement with separate entrance, a 2-car garage and private driveway parking for up to 6 vehicles. The basement unit was previously leased to a licensed daycare operator, offering additional flexibility for future use. The large lot presents an excellent opportunity to renovate, hold, generate rental income, or explore multiplex and garden suite development, subject to applicable zoning, building regulations and City of Toronto approvals. Conveniently located close to schools, parks, shopping, restaurants, movie theatres, TTC, major highways, downtown Toronto and everyday amenities. Don't miss this rare opportunity to secure a property with space, income potential and exciting future redevelopment possibilities in a desirable Etobicoke location.

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Estimate your monthly payments for this property

Estimated Payment

$10,615.57/mo

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5-yr fixed avg.

Principal: $1,919,920Interest: $1,264,750
Mortgage Amount$1,919,920
Total Interest$1,264,750
Est. Property Tax$1,700/mo
Total Cost$3,184,670

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: Stonegate-Queensway

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

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

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.

70
Walk Score
Varies
Price Range

23 Brussels Street, Corso Italia / Dufferin Grove

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,100/mo
Range: $3,485 - $4,715
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,100
Maintenance Fees-$0
Property Tax (est.)-$1,700
Insurance (est.)-$500
Net Cash Flow+$1,900

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

Premium Pricing

At $1200/sqft, this property is priced above the Corso Italia 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.

Just Listed - Act Strategically

This property hit the market within the last week. In Corso Italia's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Excellent Flexibility

With 6 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 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 Stonegate-Queensway

I know Stonegate-Queensway 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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    23 Brussels Street | $2,399,900 | Battaglia Team